Social Distancing as a Health Risk Management Tool

Social Distancing as a Health Risk Management Tool Read Post »

Social distancing measures propagated by health experts and belatedly by governments worldwide as a means of health risk minimizer, are yet to unfold their full impact on health risk management caused by the COVID-19. Nevertheless, social distancing poses a high risk to the economic and social life of affected communities globally. Fears of a global economic slowdown have dominated discussions amongst the public, experts of different disciplines, politicians, entrepreneurs, and others.

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Impact of the Coronavirus Pandemics on the Economic Policy Adjustments in Germany and in the USA

Impact of the Coronavirus Pandemics on the Economic Policy Adjustments in Germany and in the USA Read Post »

How are Governments courageously dealing with the Coronavirus-Pandemic and the Corona-Crisis? Worldwide politicians are reacting very differently. Reactions to the pandemic have now become a war between optimism and pessimism. While some politicians realize how serious the current health crisis will be, others are busy procrastinating about an optimistic future. Early birds catch the worm and can navigate through the health crisis, taking leadership on flattening the pandemic spread of the Coronavirus.

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How do Pandemics contribute to Innovation?

How do Pandemics contribute to Innovation? Read Post »

How do pandemics contribute to innovation globally? The Coronavirus has caused the Corona-Pandemic disease COVID-19 to ravage human health around the globe. But are we at the edge? Will health scientists find solutions to this pandemic? How can the Coronavirus Pandemic contribute to innovation? Will medical researchers discover the healing vaccine to combat the coronavirus? Behavioral solutions have already been implemented to curb the virus’s spread. Social distancing is now a global model of behavior that should lead to lower infection rates, while society aims at finding a technological solution soon. The world needs quick-testing kits, vaccines, containment technologies, and

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Synergy between Health and Economics: Oil-Price-Crash or Corona-Crash

Synergy between Health and Economics: Oil-Price-Crash or Corona-Crash Read Post »

Health shocks can also cause economic shocks (ceteris-paribus). The coronavirus pandemic is one of the health shocks that might unravel another global economic shock. Why is that the case? Fact number one, health is a basic human need. Consequently, the satisfaction the health needs requires human decision-making in all economies. Decision-makers face the challenge of managing the synergies between health and economics amid a health shock. How is the Scenario?

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Understanding Macroeconomic Policy Objectives: Magic Square and Hexagon Explained

Understanding Macroeconomic Policy Objectives: Magic Square and Hexagon Explained Read Post »

Six macroeconomic policy objectives exist in an economy that are systematically pursued. These six objectives are symbolized by the magic square and the magic hexagon frameworks, which encapsulate the national economy’s four quantitative and two qualitative goals. The overarching intention of these economic policy measures is to optimize the overall societal and economic welfare of the economy. This framework categorizes and prioritizes the diverse economic policy goals and measures essential for achieving a balanced and prosperous economy. Much of macroeconomic analysis focuses on the four quantitative goals, but the analysis of qualitative macroeconomic objectives has gained momentum as climate change

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Future of Sustainable Cooling Systems

Future of Sustainable Cooling Systems Read Post »

ABB has the patent (No. PCT/EP2013/064008) with the topic “Discharge of heat from the electrical switch house on the crane”. The inventors are Bo Edmundsson and Horst Schneider. In the electrical switch house (E-House) there are heat generating as well as sensitive components. In order to guarantee operational safety, the heat generated must be efficiently extracted from the electrical building.

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What is Econometrics?

What is Econometrics? Read Post »

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Merry Christmas and a happy new year 2020

Merry Christmas and a happy new year 2020 Read Post »

Our Christmas wishes to you Merry Christmas and a happy new year 2020. Jesus is born. Enjoy this festive season with your family, friends, business partners, employees, and even people you might not know. Make friends, invest in your family and friends to promote a cohesive relationship. Motivate each other to success regardless of any seeming impossibilities ahead. Let them know that you will be there, when they need you. Fröhliche Weichnachten und guten Rutsch ins neue Jahr Fröhliche Weihnachten und einen guten Rutsch ins neue Jahr 2020. Jesus ist geboren. Genießen Sie diese festliche Zeit mit Ihrer Familie, Ihren

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How to explain the Omitted Variable Bias

How to explain the Omitted Variable Bias Read Post »

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