University of Westminster

 

MARKERS FEEDBACK (Continued on the next page)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Word count: (2732 words) 

 

 

STUDENT USE 

STAFF USE

 

Module Name  

Microeconomic Analysis  

First Marker’s  

(acts as signature) 

 

Module Code 

7ECON007C 

Second Marker’s  

(acts as signature) 

 

Lecturer Name 

NAQEEB-UR-REHMAN

 

Agreed Mark  

 

UoW Student IDs 

 

For Reg

istrar’s office use only (hard copy 

submission) 

 

WIUT Student IDs 

001023,00953, 

000933,001012 

Deadline date 

15 November 2021 

Assignment Type 



Group 



 Individual  

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WESTMINSTER INTERNATIONAL UNIVERSITY IN TASHKENT 

2 

001023, 00953, 000933, 001012 

 

                                                                Table of Content 

 

 

Introduction…………………………………………………………………………………………….………..3 

 

 

 

Literature Review…………………………………………………………………………………………….….3 

 

 

 

Methodology and data description…………………………………………………………….………………...6 

 

 

 

Empirical analysis………………………………………………………………………………………………7 

 

 

 

Regression Analysis……………………………………………………………………………………………10  

 

 

 

Conclusion………………………………………………………………………………………………….….11 

 

 

 

Reference List………………………………………………………………………………………………….12 

 

 

Appendix……………………………………………………………………………………………………….14 

 

 

 

 

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WESTMINSTER INTERNATIONAL UNIVERSITY IN TASHKENT 

3 

001023, 00953, 000933, 001012 

 

Introduction 

It is generally accepted that firm`s growth is mainly associated with its performance, assets and organizational 

decisions. The growth of firms has also positive impact on economic development.  Investigation of firm’s 

growth determinants is vital for both business leaders and policy makers. There are different areas that 

determine the firm`s sales. In the paper the firm`s sales determinants will be analyzed and discussed. As a part 

of the project World Bank data for Russian Federation will be used for analysis. The dependent variable is 

firm`s annual sales, independent variables are firm`s expenditure on land and machinery, introduction of new 

methods of advertising or product promotion from innovation sector, top manager`s experience and firm`s age. 

The structure of the paper is as follows: literature review, methodology, regression analysis, conclusion and 

policy recommendations.