The first lesson!

I look forwad to receving your corrections. Thanks you so much!

The first lesson!

Starting from now on, I will study 1 reading Cfa each day. My target is to pass CFA level 2 in June next year. Yesterday, I learned the first lesson named “economic growth” but i just finished 1 Los in four Los.

Lesson “economic growth” talks about the problems related to growth of economy. For example, it answers the questions “ what is the growth” and “how do policy have to do in order to increase the growth of each economy”. In addition, it articulates the differences between classical theory; neoclassical and new growth theory.

“Economic growth measure the change in percentage in domestic gross product (GDP) in annual. And in order to double this number, the number of years will need to (70/ growth rare). This method is called “rule of 70”.

Sources of economic growth boil down to factor of production which is creating products in the whole of society per each inputs that include land, capital goods, labor and entrepreneurial ability. If you want to increase productivity rely on labor, you can increase aggregate hours or increase in caliber of the human capital.

Morover, we can use the incentive system to boost the economic growth as developments of incentive are maket, property rights and monetary exchange.

I will study more and make it clearer in the next entry.

The first lesson!

I look forwar receving your correcting. Thanks you so much!

The first lesson!

Starting from now on, i will study 1 reading Cfa each day. My target is to pass CFA level 2 in the June in the next year. Yesterday, i learned the first lesson namely named“economic growth” but i just finished 1 Los in four Los.

Lesson “economic growth” talks about the problems related to growth of economy. For example, it answers the questions “ what is the growth” and “how do policy have to do in order to increase the growth of each economy”. In addition, it articulates the differences between classical theory; neoclassical and new growth theory.

“Economic growth measure the change in percentage in domestic gross product (GDP) in annual. And in order to increase double this number, the number of years will need to is (70/ growth rare). This method is called “rule of 70”.

Sources of economic growth boil down to factor of production which is created creating products in whole of society per each inputs that including include land, capital goods, labor and entrepreneurial ability. If you want to increase productivity rely on labor, you can increase aggregate hours or increase in caliber of the human capital.

Morover,moreover,  we can use incentive system to boot the economic growth as developments of incentive are maket, property rights and monetary exchange.

I will study more and make more it clearer in the next entry.