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Synthesis Of Economic Environment And Classification Levels Of Development

Author

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  • Mohammedelkhatim Ibrahim Mustafa SHARFELDIN

    (PhD Student, Quatar)

Abstract

Economic environment is actual and influences business activities significantly. Economic environment includes microeconomic and macroeconomic factors. These factors assist in encouraging business and promote trade and investment activities. This work aims to illustrate those factors, their characteristics and how do they support international business activities. This paper also is intended to reveal the indicators used to classify countries’ development for instance BOP, GNI, GDP and GNP. As a result, it also emonstrates the indicators’ characteristics and how these indexes work.

Suggested Citation

  • Mohammedelkhatim Ibrahim Mustafa SHARFELDIN, 2016. "Synthesis Of Economic Environment And Classification Levels Of Development," ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal, Socionet;Complexul Editorial "INCE", issue 3, pages 69-75.
    • Handle: RePEc:nos:ycriat:310
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    More about this item

    Keywords

    microeconomic; distribution channels; Macroeconomic; income levels; cost of living; standard of living; poverty; unemployment; customs duty; balance of payments; gross national income; gross national product and gross domestic product.;
    All these keywords.

    JEL classification:

    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • F61 - International Economics - - Economic Impacts of Globalization - - - Microeconomic Impacts
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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