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+230, 000Br ot her s . +200Chapt er s . S i nce1907.

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col l egei sat i meof ex pl or at i on, di s cover yandl ear ni ng. y oumeett hous andsof peopl ei ncl as s , cl ubs , andpar t i es . butwi t houts omet hi ng t obel i evei nwhat doy ouwantt oaccompl i s h?

dohomewo , ome r k h ,s e l ee m o p. c , r t i n u

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k e ea youwa up, tbr t a e ek p af e r as & t se

t hecy cl e.

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E conomi css t udi est heal l ocat i onof s car cer es our cesamongpeopl e–ex ami ni ngwhatgood ands er vi ceswi ndupi nt hehandsof whi chpeopl e.Whys car cer es our ces ?Abs ents car ci t y , t her ei snos i gni f i cantal l ocat i oni s s ue.Al l pr act i cal , andmanyi mpr act i cal , meansof al l ocat i ng car cer es our cesar es t udi edbyeconomi s t s .Mar k et sar eani mpor t antmeansof al l ocat i ng r s our es , s oeconomi s t ss t udymar k et s .Mar k et si ncl udes t ockmar k et sl i k et heNewYor kS t ockE x change, commodi t i esmar k et sl i k et heChi cagoMer cant i l e, butal s of ar mer ’ smar k et s , auct i on mar k et sl i k eChr i s t i e’ sor S ot heby ’ s( madef amousi nmovi esbypeopl es cr at chi ngt hei r nos es andnadver t ent l ypur chas i ngaMi ngvas e)or eBay , or mor eephemer al mar k et s , s uchast he mar k et f or mus i cCDsi ny our nei ghbor hood.I naddi t i on, goodsands er vi ces( whi char es car ce r es our ces ) ar eal l ocat edbygover nment s , us i ngt ax at i onasameansof acqui r i ngt hei t ems .Go er ment smaybecont r ol l edbyapol i t i cal pr oces s , andt hes t udyof al l ocat i onbyt hepol i t i cs , whi chi s k nownaspol i t i cal economy , i sas i gni f i cantbr anchof economi cs .Goodsar eal l ocat e bycet ai nmeans , l i k et hef t , deemedi l l egal byt hegover nment , ands uchal l ocat i onmet hods nevet hel es sf al l wi t hi nt hedomai nof economi canal y s i s ; t hemar k etf or mar i j uanar emai nsvi br ant des pi t ei nt er di ct i onbyt hegover nment sof mos tnat i ons .Ot her al l ocat i onmet hodsi ncl u gi f t s andchar i t y , l ot t er i esandgambl i ng, andcooper at i ves oci et i esandcl ubs , al l of whi char e s t udi edbyeconomi s t s . S omemar k et si nvol veaphy s i cal mar k et pl ace.T r ader sont heNewYor S t ock E x changegett oget her i nat r adi ngpi t .T r ader soneBaycomet oget her i nanel ect r oni c mar k epl ace.Ot her mar k et s , whi char emor ef ami l i ar t omos tof us , i nvol vephy s i cal s t or est hat mayor maynotbenex tdoor t oeachot her , andcus t omer swhos ear chamongt hes t or es , pu chas i ngwhent hecus t omer f i ndsanappr opr i at ei t em atanaccept abl epr i ce.Whenwebuy bananas , wedon’ tt y pi cal l ygot oabananamar k etandpur chas ef r om oneof adoz enor mor ebananas el l er s , buti ns t eadgot oagr ocer ys t or e.Never t hel es s , i nbuy i ngbananas , t he gr ocer y t or escompet ei namar k etf or our bananapat r onage, at t empt i ngt oat t r actcus t ome t ot hei r s t or esandi nduci ngt hem t opur chas ebananas . Pr i ce–ex changeof goodsands er vi c f or moey –i sani mpor t antal l ocat i onmeans , butpr i cei shar dl yt heonl yf act or eveni nmar k et echanges .Ot her t er ms , s uchasconveni ence, cr edi tt er ms , r el i abi l i t y , andt r us t wor t hi nes sar e al s oval uabl et ot hepar t i ci pant si nat r ans act i on.I ns omemar k et ss uchas36i nchS onyWE GA t el vi s i ons , oneouncebagsof Cheet os , or F or dAut ol i t es par kpl ugs , t hepr oduct sof f er edbydi s t i ncts el l er sar ei dent i cal , andf or s uchpr oduct s , pr i cei sus ual l yt hepr i mar yf act or cons i der edb buy er s , al t houghdel i ver yandot her as pect sof t het r ans act i onmays t i l l mat t er .F or ot her pr oduct s , l i k er es t aur antmeal s , camcor der sbydi f f er entmanuf act ur er s , or ai r t r avel ondi s t i nct ai l i nes , t hepr oduct sdi f f er t os omedegr ee, andt hust hequal i t i esof t hepr oductar ef act or si n t hedeci s i ont opur chas e.Never t hel es s , di f f er entpr oduct smaybecons i der edt obei nas i ngl e mar k et i f t hepr oduct sar er eas onabl es ubs t i t ut es , andwecancons i der a“ qual i t y adj us t ed” pr i cef or t es edi f f er entgoods . E conomi canal y s i si sus edi nmanys i t uat i ons .WhenBr i t i s hPet r ol eu s et st hepr i cef or i t sAl as k ancr udeoi l , i tus esanes t i mat eddemandmodel , bot hf or gas ol i ne cons umer sandal s of or t her ef i ner i est owhi chBPs el l s .T hedemandf or oi l byr ef i ner i esi sgover nedbyacompl ex ecnomi cmodel us edbyt her ef i ner i esandBPes t i mat est hedemandbyr f i ner i esbyes t i mat i ngt heeconomi cmodel us edbyr ef i ner i es .E conomi canal y s i swasus edby per t si nt heant i t r us ts ui t br oughtbyt heU. S . Depar t mentof J us t i cebot ht ounder s t andMi cr os of i ncent i vet of or ecl os e( el i mi nat ef r om t hemar k et )r i val Net s capeandcons umer behavi or i nt h f aceof al egedf or ecl os ur e.S t ockmar k etanal y s t sus eE conomi canal y s i si sus edf or t womai n pur pos es .T hef i r s ti sas ci ent i f i cunder s t andi ngof howal l ocat i onsof goodsands er vi ces–s car c

BRE AK T HE CYCL E


WE A R E

e s t . 1 9 0 7

DAMNPROUDT OBEDE L T AS I GS .


Del t aS i g maPi i sma deofs t udent st ha ta r e


F oundedi n2008, t heDel t aS i g maPi c ha pt era tUCI i st he l a r g es ta ndmos tpr esg i ousbus i nes sf r a t er ni t yonc a mpus .

FI RSTPLACE

FI RSTPLACE

AWARD

AWARD

2010

2011


I nt hef oury ea r ss i nc et hePi S i g ma Cha pt erwa sf ounded, weha v ebui l ta r eput a onofpr of es s i ona l ex c el l enc e. T heex per i enc esea r nedwhi l ei nDel t a S i g maPi ha v et r a ns l a t edi nt oper s ona l s uc c es sf orourBr ot her s . Member sofourF r a t er ni t yha v edi v er s e c a r eeri nt er es t sbutex c el a nda r el ea der si nev er yi ndus t r y .


t omak et hewor l dar oundusabet t erpl ac ef orusal l . her ewepac k eds por t sgearf orunder pr i v i l egedy out h.

i st ohel pt hos ewhoc annothel pt hems el v es . i nt hepur s ui tofourc ar eer sanddr eamswe mus tnev erf or gett odef endt heweakand pr ot ec tt hel es s pr i v i l eged.

Someoft hef oundat i ons ourChapt ersuppor t s:

t owor kt oget hernomat t ert hec aus e.gr oups hotaf t er anaf t er noonat“ Wor k i ngWar ddr obes �r ehabi l i t at i ng menandwoment owor kagai n.


( e as y )

t ochoos e


y o urpa t ht og r e a t ne s s . i ts t a r t sno w.

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UCI DSP Fall 2011 Recruitment  

Fall 2011 Recruitment