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Economics Economics = Psychology, understand psychology to learn economics

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faceless
post Jun 2 2010, 01:14 PM

Straight Mouth is Big Word
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I am wondering if talking about stocks and futures would be out of topic here? What is your say, TS?

Economic is the study of market behaviour. Since it is studying behaviour, it will employ every known method from all behavioural sciences to acheive it end.

Economics = Phychology ? NO

It borrows from phychology, sociology, humanities ...
faceless
post Jun 2 2010, 02:47 PM

Straight Mouth is Big Word
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Okay Beastboy, you made your point.

QUOTE(Beastboy @ Jun 2 2010, 12:25 PM)
Would that explain why stock prices shoot up every time a country's social stability comes under threat?

On January 11, 2010 KLCI swung up to almost 1300 points. On Feb 10, 2010 KLCI swung up to about 1250. I can't remember but there's another date 2 months ago when it similarly swung up.

If you googled up these dates, they are a day after certain "black" events happened in Malaysia that could have caused major social unrest. There was uproar and public discontent and yet instead of dipping, the stock market shot up the very next day.

I'm still trying to figure out why.
*
I will answer your this question with two words - Money Politics.

This post has been edited by faceless: Jun 2 2010, 05:52 PM
faceless
post Jun 2 2010, 05:51 PM

Straight Mouth is Big Word
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QUOTE(dr2k3 @ Jun 2 2010, 05:42 PM)
reverse psychology by the big player
*
There so many counter out there. So they all decided to do reverse phychology during social unrest? Ever wonder if it could only be one master mind. Thus comming back to MONEY POLITICS.
faceless
post Jun 2 2010, 05:56 PM

Straight Mouth is Big Word
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PNB, EPF, Tabung Haji are the bigest players in the KLSE. These bodies just need to get a directive for the PM or FM.
faceless
post Jun 2 2010, 06:03 PM

Straight Mouth is Big Word
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Hah, were you not quoting Beastboy on references he made to the KLCI? Therefore I assume we are talking Malaysia market.
faceless
post Jun 3 2010, 08:56 AM

Straight Mouth is Big Word
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Anti informatic, you no idea what economics is about. What you described is business strategy. Economic study supply and demand or the market. Market is a place when people buy and sell (supply and demand). They look into variables for demand (taste, price ...). The same goes for supply (cost, technology ...)
faceless
post Jun 3 2010, 10:24 AM

Straight Mouth is Big Word
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The word competition may confusfe you. It does not refer to studying how businesses apply strategies to compete with each other. Those are under Business Administration. It study the characteristic of a perfect competition market. They will contrast with a monopoly, monosopny, and oligopoly market.
faceless
post Jun 11 2010, 11:57 AM

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QUOTE(OMG! @ Jun 10 2010, 10:11 PM)
I don't get what u mean here, mind to explain further on these biggest players in KLSE?
*
I dont know what kind of explaination you want here either. Perhaps you can answer the question how much money these bodies had in the hands. As with banks and insurance companies, these organisations must hold back some of the cash they hold and invest the rest. Where else do you think they will be allowed to invest if not in the local stock market? As to a directive from the Prime Minister or the Finance Minister, they could not choose not to follow it. If this does not answer you, then your questions had to be more specific.

QUOTE(OMG! @ Jun 10 2010, 10:11 PM)
what are actually the conditions for listed in KLSE? Pardon my lack of economics knowledge.
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If you want to list a company in the KLSE you can Pm me. (There are many agents out there who help people list their companies). I give you one of the agent's contacts.

For on the surface knowlede, a company must show that they had track records of making millions in the past years.

Again these had nothing to do with economics. It does not study the forces of supply and demand. It is just rules and guidelines determined by Bursa on listing a company.

 

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