Economic Problems Essay Examples and Topics

Optimizing Production in the Food Industry

Introduction Food wastage is a common phenomenon all over the world, despite many developing and less developed countries facing high rates of food shortage. In the US, tonnes of food end up into waste due to poor food storage and consumption systems. Therefore, there is a need for concerted efforts among all stakeholders in the […]

Have Spending/Saving Habits Changed Due to Harsh Economic Times?

Abstract Food insecurity is a serious issue in most countries in the world. It has been assumed that only people from third world countries experience food insecurity. However, people in first world countries are also at risk due to rising cost of living. Although costs of basic goods have risen with time, wages have remained […]

The Experience Economy

Introduction Maunder & Maunder (1979, p. 41) explain that the economic problems and policies implemented in developed countries have placed significant boundaries and constraint. The establishment of new intervention principles and the surfacing of new regulatory organizations have been the combined effect of the political values and economic conditions in many countries. Many nations have […]

Economics for Transport Managers

Market for laptop computers As mentioned in the case study, the research found a strong evidence of a positive relationship between computer usage and fatigue among school children. This implies that the more they use the computers the more fatigued they become. Therefore, there is possibility that the usage of computers among school children will […]

Risk management: Global Risks Report 2013

The Global Economic Forum meets annually to discuss some of the global risks, their likelihood of happening and the impact that these risks possess in the event that they actualise. The Global Risks Report 2013, which is the latest report from the forum, bears the theme of strategic resilience and dynamism. This paper supports the […]

Causes of Poverty Traps in an Economy, its Results and Ways of Avoiding them

Introduction Poverty traps can be defined as a condition created by tax laws and income related societal security benefits that prevent people from getting out of welfare dependency. This means that if these people try to increase their income, they shift into an upper tax bracket and they end up paying additional taxes which results […]

Different Forms of Currency Regimes and Their Impact on Economic Activity

The debate on the impact of currency regimes on economic activities is on the current agenda due to the emerging financial and debt crises. The international economy has bright examples of how exchange rate fluctuations and currency systems have been adopted to regulate both domestic and international markets. This paper focuses on the analysis of […]

Emerging Economies in Business Company

Business leaders, entrepreneurs and strategists all over the globe have, since the past decade, paid close attention to impending challenges related to acute market competition and relatively slow growth in established markets. This has made a number of these entrepreneurs increase their focus on emerging markets, and subsequently reconsider the potential of emerging and least […]

Why Do Acquisitions Fail?

Introduction The modern business environment is increasingly competitive. New technologies in the market mean that old technologies are growing obsolete far much faster. New start up companies are emerging which replicate the successes of established firms at a much lower overheads. Layoffs and cost cutting initiatives are increasing being countered by lawsuits and industrial strikes. […]

Reasons and Solutions for Unemployment in USA

Unemployment provides statistical evidence of the economic health and performance of a Government and is defined as a count of the number of people who are not actively engaged in gainful jobs, have failed to secure a job in the last four weeks, but have the requisite energy and ability to work on the job […]

Healthcare Services Consumption

Introduction The intervention of government into the market and the problems that this intrusion into the key market processes entails is often mentioned as one of the major issues of the 21st century; however, a closer look at the issue will show that the problem is quite overblown. True, government does have a palpable impact […]

Policy Responses during the Great Recession

Introduction The great recession of 2008 led to monetary and fiscal policy responses to end the recession and prevent similar occurrences. Many policy responses were unconventional at the time of their proposal and enactment. They gained popularity because of the need for a solution in the shortest time possible. After implementing the policies, countries and […]

Factors Affecting the Changes in Oil Price

Introduction Statement of the thesis The decline in oil prices is likely to cause an increase in consumption, a decrease in inflation, and an increase in real GDP growth rate in the next few years. In recent times, oil prices have been falling and seem to stabilize at around 40 dollars a barrel. This paper […]

Problems in the Aerospace Industry

This case study addresses the issue of inventory problems in the aerospace industry using the theory of constraints. This article is jointly authored by three management scholars from the Republic of China. The case study focuses on the aerospace industry because of its management and time-based demands. According to the authors, management efficiency is cause […]

Public procurement – Post disaster development Haiti

This has been a considerable problem in Haiti in the recent times. More than half of the public services in Haiti are fully dependent on Non Governmental Organizations. This may not appear like much of a problem in the current day and time, but it may become a serious problem in the near future. With […]

Construction surety contract bond underwriting risk evaluation

Introduction Finance has been the subject of global market confusion and unremitting controversies with matters of greater public and private concern facing unending challenges due to incompetent policies and regulations governing financial affairs. The unprecedented hard economic epoch of the recent decades has hit the financial market, thus affecting operations of numerous companies globally through […]

Inequality and Development

Introduction Development is slow but gradual process that is marked by changes in lifestyle, processes, technology, policies and other aspects that affect human life. Human beings desire to use modern technology to ensure there is efficiency in production processes. In addition, they hope to move very fast from one place to another and access information […]

Advantages and Disadvantages of Hosting World Cup in the USA

Introduction Soccer World Cup is a game that attracts masses of people from all over the world and has the largest number of fans who watch it amounting to billions of people. It is an event that is widely supported by the corporate world, and the hosting country goes through bidding before being accredited to […]

Small Businesses Affect on Unions

Introduction The following is an essay on small businesses and their effect on labor movement. This essay will describe what small businesses are and how they affect the operations of labor movements both positively as well as negatively. Definition of small business Small businesses have different definitions and their classification is according to different countries. […]

Analysis of Choices Faced by Mothers of Small Children

The number of working women in the international labour force continues to grow. In the recent years, more women with young children have decided to re-enter the labour force. According to Lavery (2012), the share of working mothers with children under age 6 has risen sharply against the overall state of the labour force. High […]

Occupy Wall Street – Movement for Social and Economic Justice

Introduction Was the Occupy Wall Street movement a social, political or an economic movement? This is what rings in the mind of a substantial number of analysts whenever there is a reflection on the Movement. The Occupy Wall Street Movement is a movement that took place in the United States in 2011, when the impacts […]


Introduction Unemployment can be defined as the condition where citizens of a country are jobless and have in the recent past been involved in searching work without a success. Unemployment rate can be defined as the prevalence of unemployment opportunities in a country. The unemployment index is calculated by dividing the number of unemployed individuals […]

The Role of Behavioural Economics in Energy and Climate Policy

Introduction “Can the insights of behavioural economics help fight climate change?” (Gunther 2009, p. 1). The above statement describes the question most economists have asked themselves as they try to formulate sound policy recommendations regarding energy and climate change. The behavioural economic approach is considered unique to other conventional energy and climate change policies because […]

Differences in Consumer and Business Markets

Examination of Consumer Markets When examining either the U.S. or Chinese markets at the present it is important to first take note of the impact the global outsourcing industry has had on both economies. Outsourcing is a way in which companies reduce operational expenses by transferring a particular division or aspect of the company to […]

Fiscal policy in an economic downturn since 2008

Economic Stimulus Plan The world has been experiencing an economic recession since 2008. As a result, the economies of many countries around the world were affected in a negative way. To respond to this recession, the United States government came up with an economic stimulus plan that aimed at controlling inflation. However, the expectations of […]

Why the Breton Woods System Failed

Introduction Economic system refers to organizational arrangement as well as processes through which any given society makes decisions concerning production and consumption. One common theme about these objectives is that they are characterized by inconsistencies and trade-offs. Therefore, for one objective to be attained completely there will be at least a partial sacrifice of another. […]

A cost benefit analysis of the environmental and economic effects of Nuclear Energy in the United States

Overview There are myriad environmental benefits presented by the production and use of nuclear energy. Studies on this fuel have indicated that it has a negligible contribution to global warming since there are no emissions of greenhouse gases. In addition, other toxic gaseous compounds such as oxides of sulfur and nitrogen are not emitted in […]

Laws vs. economy

The new internet law that has been passed by the Canadian Government has evoked numerous reactions from the civilians. For the new laws have subjected the residential users of internet a maximum of 25 GB, which makes internet usage limited for them. Actually there is uproar over this matter with many Canadians who often use […]

The Impacts of FDIs and Trade to the Asian Pacific Regions

Introduction The role of foreign direct investment (FDI) and trade in regards to the economic development and growth of various economies across the globe continues to be deliberated and analyzed by business analysts and economic scholars. Consequently, the notion of foreign direct investment (FDI) has improved significantly in recent decades. As developing economies, mostly in […]

The Effect of Famine in North Korea

The Asian continent is the world’s largest and most populous located mainly in the eastern and northern hemispheres. The population in Asia is estimated at about 4 billion people representing a whooping 60% of the world’s total human population as it currently stands (Lee 500). The Pacific Ocean borders Asian to the east while India […]

Challenges of Developing Economies

Introduction In the twenty first century, the globalized world has made trade one of the most powerful links between lives. Trade also acts as an unprecedented wealth source. In addition, world trade has the ability of reducing the poverty gaps between the rich and the poor. However, the poor economies have continued to lag behind […]

Advisory report to Governor Jerry Brown

Introduction The report is about construction work on Indian reservations which have been found to be having oils reserves. California Indian council is however against the idea and issues to the government, a statement with conditions that further exploration will only continue if the state will agree to approve and offer bilingual education to people […]

Country Risk Analyst of Thailand

Introduction Thailand has an estimated population of over seventy million people. It is a country in Southeast Asia that has undergone a rapid economic growth rate in the recent past (Anon 1). The economic growth is a major determinant for any investor in making a decision on whether to make an investment in the country […]

The role of NGOs in the reformulation of the structures of decision-making and management in urban development

Introduction Non Governmental Organizations, also known as NGOs, are voluntary organizations that are legally constituted and operated independently from government’s influence. Non Governmental Organizations may be partially sponsored by the government or fully sponsored by individuals and private organizations. Those that are partially sponsored by the government usually pursue social interests that have political aspects. […]

The Adam Smith Problem is Not a Real Problem

Introduction In the Wealth of Nations (WN), Smith argues that the societys prosperity can only be achieved if the society guarantees individuals the freedom to pursue their goals within the confines of natural justice. In a book that he had written earlier, ‘The Theory of Moral Sentiments’, smith explains both the origin of rules of […]

Quantitative analysis of Guatemala for Guatemala

Demographics Total population and population growth since 1960 Guatemala has enjoyed a constant rise in the total population since 1960. With a period of five decades, the population has grown from an estimated 4.16 million in 1960 to 14.75 people in 2011 (Knudsen 19). Within the first decade (that is between 1960 and 1970), the […]

The Report: Abu Dhabi 2007

Results The housing policies and property laws in Dubai and Abu Dhabi are developed to protect the interests of the UAE citizens. The government housing policies oriented to the Arabs in Dubai and Abu Dhabi are citizen-friendly, and the citizens have the opportunity to choose among several developed housing programmes to participate in which are […]

Currency War

Confronted with intractably slow and bumpy global economic recovery which followed the 2007/08 global economic turmoil, most countries have recently been tempted to resort to undervaluing their currencies in order to gain a competitive edge over their rival economies. This practice when a country attempts to achieve a competitive stand by devaluing currency to favorably […]

Responding to the Problems of the English Wine Producers: the Steps That Must be Undertaken

Introduction: The 2013 Concerns and the Wine Promotion Campaign According to the recent records, the English Wine Producers are going to promote their wine not only to the residents of the United Kingdom, but also to the tourists. Moreover, as soon as the company succeeds in its beginnings, it can be expected that the English […]

Did Obama’s Stimulus Work?

The American Recovery and Reinvestment Act known as the Stimulus was signed by Barack Obama in 2009 in order to respond to the economic recession within the country and overcome the critical situation with the people’s unemployment. The vision of the act’s effectiveness depends on the position of the observer in relation to this or […]

Great Recession: How It Can Be Avoided

The great economic recession is a period marked by persistent decline in the economic growth of different countries across the globe with the Gross Domestic Product (GDP) contracting within a period that is not less than six months. The 2008-2010 great recession affected the global economy and it arose from the developed economies in the […]

Currency Wars in China

Background The design of the international monetary system at Bretton Woods involved the management of exchange rates by only the International Monetary Fund (IMF). Changes to this system were only permitted in the event that a nation was found to exhibit both internal and external imbalance in its exchange rate. The approval of these changes […]

Public Goods and Negative Externalities: A Real-World Problem

Introduction The growing social awareness and increased attention towards sustainability and the value of public goods have resulted in a profound shift of public consciousness. Private businesses are bound to comply with numerous laws and limit their participation in the economy, in order to reduce the potential harm caused to the nature and people and […]

Defense Deal Would Roil Industry

In this article, Daniel Michaels (2012) discusses the possible merger of two companies, namely European Aeronautic Defense & Space Co (EADS), and BAE Systems. In particular, the author argues that such partnership can be beneficial for each of these organizations since in this they will be able to overcome their strategic challenges. Moreover, it can […]

Impacts of Oil Shocks on Economic Meltdown

The first major oil shock was experienced in the 1970s, immediately after the oil production peak in the United States of America (Ammann 219). The main reason for oil shocks was the peak production of oil as most experts in the oil industry say. The 12 member countries of OPEC formed the organization in September […]

Problems in Thailand

Introduction Thailand is a country in south Asia with a kingdom constitutional monarchy government. Geographically, it is one of the biggest countries and ranked 50th largest in the world. Its capital city is Bangkok and its main foreign exchange earner and flourishing sector is tourism. The three main problems in Thailand are environmental issues, child […]

Cuban model as a solution to economic problems in the third world?

Economic Freedom This is the liberty to produce, engage in trade, and consume goods and services, without any influence from outside parties. These freedoms are devoid of use of force or coercion, deceit, fraud or theft. A major characteristic of this is the classic and libertarian traditional approaches that heap emphasis on free markets and […]

US Problems: Medicare Program Ineffectiveness

The United States of America currently faces several problems that make it impossible for the government to provide quality services to the citizens. Some of the major problems include “the lack of appropriate incentives to hold cost on food stamps, Medicare, Obama care, and entitlement programs (Williams, 2010)”. The complexity of these problems calls for […]

Labor Unions Negative Effects on Economics

Unions are regarded as associations that bargains with other companies, enterprises and other relations on behalf of their members. They range from those trade unions that negotiate for the workers that perform certain work, to industrial unions that negotiates for workers who belong to a certain industry (Waterwal in Work para. 3). Although Labor unions […]

The economic problem for Marx

Karl Marx made several contributions in the field of economics making him become one of the renowned economists. Among the many contributions he made, Marx developed the theory of surplus-value. He noted that this was the greatest contribution he had made in economic analysis. This theory gave Marx the ability to introduce the capitalist’s mode […]

Critical analysis on Does Cultural Capital Structure American Consumption

The work of Douglas B. Holt titled “Does Cultural Capital Structure American Consumption?” in the Journal of Consumer Research, Volume 25 (1), is meant to give an insight into the debate on the sociology of culture in regard to Pierre Bourdieu’s theory, which relates levels of cultural capital to consumption patterns, and its application on […]