Business Cycles, Part 0 of 4- Interest and Capital, Prof. Krassimir Petrov

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Uploaded by on Apr 25, 2011

The theory of Interest, Production, and Capital is the foundation for understanding Economic Growth and Business Cycles.

American University in Bulgaria, Krassimir Petrov
Professor: Krassimir Petrov

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Education

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Uploader Comments (kmpetrov)

  • Thank you for the nice words. However, I am not running consultancy here; still, if you have a question that I can answer with a sentence or two, then give it a try.

  • Well, this is one extremely complicated way to philosophize about the meaning of life and develop a highly sophisticated theory of morality and ethics (and religion while you are at it), but DON"T FORGET THAT THIS IS ECONOMICS!!

    I have a crystal-clear goal - explaining business cycles, and I will leave to anyone else the issues of "goodness" and "happiness". You should discuss these with liberal arts students/professors, not with economists.

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  • Professor ..I am rohit From India and i am mba ... working in securities market... i am very much interested in technical and fundamentakl analysis... and to tell you truth i got to know a great deal about investment from your lectures.. must say better than what i learned during the mba prg .... keep up the good work... and if i have some queries can i ask you questions through this comment section??

  • @kmpetrov no i was still thinking in terms of economics. and i would describe economics as the real study of life (at least intelligent life). i was just saying it's fair to say that each 'end' is really a 'means' to an Ultimate End. ie and end product is a can of coke but this is really a means to a higher end of just living...

  • is it fair to say that all ends are essentially means to an ultimate end. the ultimate end being simply 'goodness' or maybe 'happiness'. ? could we also describe the means as a cost and the ends as a benefit? but then if the ends are just a means to the ultimate end, we can describe means by order in which the highest order is the highest cost action.

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