miamonique Posted June 9, 2011 Report Share Posted June 9, 2011 Which terms have to be defined, and which terms don't? Example: dooes human capital, factors of production, FDI, physical capital, etc Please help, I have procastinated too much, and my commentary is due tomorrow! I know, I know... But we've all been here, haven't we? Reply Link to post Share on other sites More sharing options...
Summer Glau Posted June 9, 2011 Report Share Posted June 9, 2011 I would define factors of production and FDI. I probably wouldn't define human capital and physical capital, but that's a bit of an iffy one. Reply Link to post Share on other sites More sharing options...
master135 Posted June 10, 2011 Report Share Posted June 10, 2011 At times it really depends on your word count. You shouldn't waste too many words defining, but all important economic terms must be defined when used. You should be able to use your judgment when you need to decide which words take priority (as Summer Glau has done from your list). I would also ask your economics teacher for future commentaries, as he/she will be marking it. Reply Link to post Share on other sites More sharing options...
miamonique Posted June 10, 2011 Author Report Share Posted June 10, 2011 Thank you so much!Deleting the definitions of human and physical capital got me within the prescribed word limit! Reply Link to post Share on other sites More sharing options...
miamonique Posted November 20, 2011 Author Report Share Posted November 20, 2011 Should I define "world price"? If so, how? Reply Link to post Share on other sites More sharing options...
dessskris Posted November 20, 2011 Report Share Posted November 20, 2011 no need 1 Reply Link to post Share on other sites More sharing options...
Summer Glau Posted November 20, 2011 Report Share Posted November 20, 2011 Yeah, price is too basic to define. Don't waste your word count on it. Reply Link to post Share on other sites More sharing options...
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