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Economics: Episode 6 of “Capitalism” Documentary

In the meantime, while Keynes simply rejects the potential of the invisible hand of the market, Polanyi develops this idea and comes to a conclusion that the liberalistic attempt to establish the self-regulating market system [...]

Economics: Episode 5 of “Capitalism” Documentary

The pivot point of the Hayek's theory is the consideration of those factors that illustrate the market's failure to coordinate human's actions in an appropriate manner and the consequences of this failure such as unemployment.

Private Property in the Economic Philosophy

Secondly, Marx states that it is essential to eliminate expropriation its mechanism allows separating a laborer from the products of labor.

Counterfeit Fashion Purchase Behavior in the UAE

Being an attractive tourist destination, the UAE is interested in coping with the problem of counterfeits because it has a negative impact on both the economy, especially the luxury fashion industry, and the country's image [...]

Labor Power: Adam Smith vs. David Ricardo

In the meantime, the key problem that exists in the modern market is that a laborer is no longer empowered to allocate the labor; as well as the cost of a commodity is no longer [...]

Investment Behaviour and Risk-Taking in Canada

The authors of the given research are interested in the investigation of the impact the negative experience might have on persons behavior and his/her desire and willingness to accept financial risks.

Microeconomics: Price Ceiling in the Oil Industry

It means that even if the poor do not buy the product directly at the gas stations, they will have to pay the price in form of the increased cost of basic goods.

Microeconomics: Art Gallery’s Pricing Strategy

If the curator chooses to go for the second alternative of lowering the price of admission, then the revenue to the firm will increase in case the number of visitors will be considerably increased.

Australia’s Macroeconomic Policies

The unemployment rate had been above 3% once since the the1940s went above 4% in the 1970s, 1980s, and 1990s recessions. The inflation rate was above 10% in the early 1990s.

Macroeconomic Issues and Funding Adjustments

When ADF and ASF are equal, the amount of group 3 funds has for lending would be equal to the total amount group 2iwould be willing to borrow.

Macroeconomics: Origins, Development and Current State

In the event that there are these changes to these variables, the graphs presented in appendix 1 are a show of what is anticipated to happen to the core macroeconomic elements of the economy.

Economic Principles: Price Analysis

This also applies to the opportunity cost of forgoing part time or full time work for the purpose of earning income. With the increase in insurance cost, the cost for the cars also increases.

Business Microeconomics Questions

When there is a change in the non-price determinants of demand, there is a shift in the entire demand curve. On the other hand, if there is a change in the price of a commodity, [...]

Fiscal Policy of China: Research Methodology

This chapter presents a brief overview of the methodology and data collection to achieve the research objective of the analysis of fiscal policy of China.

Peak Pricing Applied to Energy Sector

Peak pricing is often applied by governments and other private entities to balance the forces of demand and supply of a product during high season when the demand is skyrocketing and low season when the [...]

Peak Pricing Strategy and 1973 Oil Crisis in the US

The reasoning under peak pricing is that charging higher prices for commodities in the market when the demand is very high is a prerequisite for balancing the supply side and the demand side to avoid [...]

2008 Macroeconomic Collapse and Prevention Efforts

The rise in the subprime mortgage rates led to the crash of the stock prices in the US. Therefore, in a volatile market, the aim is to reduce portfolio risk and not maximize trading profits.

Asset Price Determination for Investors

This price is an important consideration for the investor who intends to purchase a particular asset. It is important for investors to keep in mind that the prices of assets are determined through a demand [...]

Asset Management Fees and the Growth of Finance

Through the analysis of the expenses of the actively managed fund assets, Malkiel shows that the fees expressed in the percentage of assets appear to be low, which is vastly different from their real cost; [...]

Investment Strategies of Sovereign Wealth Funds

The issue that the authors mention in relation to SF deals with the fact that SF is often used to support various domestic businesses, which introduces the challenge of making a politically and economically correct [...]

Economics: “Fluctuations in Uncertainty” by Bloom

According to Bloom, the macro uncertainty increases during recessions as a result of leverage, risk aversion and the following increase in the options price, the diversity of forecasts and the personal uncertainty of the forecasters, [...]

India’s and China’s Political Economy

The dominant groups included the rich farmers, the industrial capitalists and the professionals. Firms that were unable to repay were set to be taken over by the government or the loan was converted to equity.

Economic News Analysis

He explains that U.S.has engaged in the production of oil in order to curb the shortage of the product around the globe.

Account Deposit Related Transactions

If the amount of money to be withdrawn from the ATM is legitimate, the ATM will dispense the cash, possibly the receipt and the credit card card, n.d)..

International Business: Should We Cry for Argentina?

Both local and international companies suffered the due loss of value of the peso. The president's idea to cut ties with the dollar led to devastating effects as the peso lost three times its value [...]

Maritime Economics

Even though effective ports are significant to the financial growth of their neighboring regions, the associated ship traffic, the management of merchandise in the harbors, and the inland supply can result in various undesirable ecological [...]

Macroeconomic Determinants of Savings in the UK

The neoclassical model examines whether the development between steady states, positive changes in the savings ratio may stimulate the growth rate in the economy.

Australia: International Business Data

Situated in the southern hemisphere, Australia is the sixth-largest country in the world with an area of 7,617,930 square kilometers. In addition to all these, Australia is credited to be one of the few countries [...]

Japanese Economy’ Development and Crisis

At the beginning of the industrial revolution in Japan, the concentration was primarily in the light-manufacturing sector. However, due to pressure from the trade unions in the US, the US government, along with the European [...]

Managerial Economics: Solving the Principal Agent Problem

The five forces framework is aimed to analyze the level of competition within a particular industry in order to draw conclusions about the profitability of this industry and, consequently, the profitability of organizations that operate [...]

Peter Coy Views on Macroeconomics

Peter Coy's article gives insight into the economic thought on the government's involvement in the economy. In the article by Peter Coy, critics view the free market as the only thought that can counterbalance the [...]

The Albertan Oilfield Importance to Canada

Economic-wise, the northern Alberta region represents a region endowed with large deposits of oil sands, a single-most important source of Canadian oil accounting for 98% of the total oil reserves.

“Principles of Economics” by Alfred Marshall

According to Marshall, "when demand and supply are in equilibrium, the amount of....may be called the equilibrium-amount, and the price at which it is being sold may be called the equilibrium-price".

Bolivian Water Supply

A graph Showing Price Determination by Market under Different Quantities As the government of Bolivia imposes the price floor on the sale of water, a number of issues will consequently emerge.

East Asian Economy Analysis: Thailand’s Real Estate Bubble

Economists believe that the rise and fall in the prices of assets have a strong impact on the real economies of most countries. The change in prices reflects the nature of economic activities taking place [...]

The Supply and Demand Simulation

The demand for the apartments reduced at a rental rate above this, while supply increased creating surplus supply. This shifts the demand curve leftward, indicating a lower demand for apartments at a particular rental rate.

Production Department: Budget Report

The quantification of the cost of the inventory is based on the current consumption, and the trends observed in the business, and the anticipations for the three months.

Money Market and Value-Based Pricing

Consequently, the GDP can be defined by the equation: Y=C+I+G+NX where: Y= Total GDP, C=Consumption by household, I=Investment, G=Government expenditure, NX=Net Exports Net Domestic product entails the reduction of the GDP by the depreciation of [...]

Consumer Behavior and Motivation

In this way, the needs may be regarded as the motivational factors for the formation of human behavior. The concept of involvement in buying decisions is related to the consumer's behavior while the product is [...]

NPV Formula: Capital Budgeting

The sign of the value of the NPV is very significant. A positive value indicates that the project is viable where as a zero indicates that the input to the project and the returns are [...]

Microeconomics and Principles of Economics

There, 0 indicates the lack of desire to spend the time this way; 1 indicates that the person is ready to spend the time this way; 2 indicates that the person prefers this kind of [...]

Innovation in the Arab World

This paper analyzes the two videos with the view to discussing some of the most important trends for the UAE that may appear in the next five years and how these trends will provide opportunities [...]

How Money Markets Operate?

Furthermore, only free markets have shown the resilience that is necessary to accompany the fluctuations in demand and supply of the money markets.

Gender-Based Principles of Economic

Based on this, the fairer car prices for women may indicate a greater accessibility of the given population group to this type of resources, as well as their greater involvement in the economic activity within [...]

Budgeting Process and Public Policies

First, the budget will be compared to the incoming revenue of a government body to ensure that there are existing sources of income and any deficits do not endanger the government's ability to operate or [...]

Internship Report: Customer Service Field

I learned how to handle customer requests and complaints and forward them to the responsible staff at the bank. Each day of the internship period in the customer service section was often coupled with a [...]

Repositioning Dynamics and Pricing Strategy

The important thing that needs to be considered is that the price of the product that would be paid by a consumer would depend on the promotional allowances and volume discounts apart from the manufacturing [...]

Economics: Supply, Demand and the “Real World”

Similarly, the induction of a new product in the market will create a shift in the pricing of the product. With such situations in the market, demand for the product will be steady.

Economy Issues Analysis

The downside of such an approach is the limited capacity for growth, which is especially apparent in developing countries, where it is constrained by the restrictive monetary policies and recession.

LG Company: Demand Estimation

Table 3 The coefficient of the price of LG is negative, which means that there is a negative relationship between the price of LG and the quantity of LG.

Manufacturing for Bravado in Mexican Company

Bravado can also regulate how much equity finance they would like to raise as opposed to debt finance which is at the discretion of the owner who decides how much to grant.

The Origins of the Modern World

The dynamics of globalization are determined by the inequality of the stakeholders. The concept of globalization is depicted as having resulted from the invasion of the Indian Ocean which was a crucial trade route in [...]

Integrated Marketing Communications: Consumer Insight Report

Especially, in the first test involving a comparative mean analysis between the independent variables for Ad1 and Ad2, there were no significant differences in brand perception from the photographic depictions in terms of brand attitude, [...]

Containerized Shipping Influence on World Economies

In addition, the design incorporates the diversity of the goods on transit in a manner that the packaging and movements of a variety of goods in a single container go uninterrupted, despite the distance covered [...]

Public Good Allocation

One of the solutions is to impose a tax; it is a Lindahl tax computable according to the citizens' limited benefit, and this has to be assessed "at the optimal level of the public good".

Foreign Direct Investment in China

The impact of Gross Domestic Product, Wages, Imports, and Exports on the Foreign Direct Investment in China is the topic of interest in this paper.

Foreign Direct Investment Attraction in China

The dependent variable is Foreign Direct Investment that will be denoted by Y for purposes of analysis. For this research, the following dependent variables are believed to have some impact on Foreign Direct Investment.

Globalization Concepts and Importance

Tom Friedman maintains that the convergence of these progresses is as radical as Gutenberg and the publish press in the 15th century and the way it acts out will be the essential worldwide comedy of [...]

The Benefits of TUFS Process

To measure the benefit of the TUFS system, it is important to check the expected value and compare and contrast it to the actual value.

Effects of Trade Liberalization in Latin America

The validity of this suggestion can be well explored within the context of how trade liberalization in Latin America had affected the economic well-being of the region's countries, and also within the context of how [...]

Commodity Prices

In the early years, the cost of items was determined by the amount of labor required to gather these commodities. Nevertheless, the price of a particular item is determined by three factors: labor, land, and [...]

The Economics of International Comparative Advantages

In the UK, the time of booking the appointment is not a decisive factor. There is a good reason for it to consider manufacturing more products in the United States and Europe to reduce the [...]

Government Versus Markets

It is also the responsibility of the government to train and educate its citizens in order to make them understand the market and their roles in improving the efficiency of the market.

Economic Issues in the U.S.

Lastly, there is a discussion on the current condition of the U.S.economy, that is, the high unemployment rate and zero-rate income growth and the policies introduced to deal with the situations.

Analysis of Cosmetics as a Consumer Product

Improvement of communication and information technology has contributed to advanced forms of advertisement that promote the consumption and exploitation of markets down to the most localized places within the global village.

The Book “Globalization” by Manfred B. Steger

Scientific inventions in technology and communication networks have facilitated international trade and movement of people from one region to another, the result of the trade is economic, social, and political gains.

The Book “Globalization: A Very Short Introduction”

The people of the area uphold a certain culture and it is transmitted to new entrants into society.it covers areas of the language used by the people, the way they do a thing, a religion [...]

Understanding Consumer Behavior

Due to my consumer loyalty, I decided that I will buy the product from E-bay as a result of the success of the transactions that I had conducted with them previously.

Industrial Relations and the Economic Crisis

As the industrial dispute is a phenomenon that affects economic and social sector, it should be approached with the help of the pluralist perspective to the industrial relations.

Cash Flow, Profit and Loss Account, Balance Sheet

The following is first years, trading account, Cash flow and balance-sheet: The young, the old, the well to do in the society, and the poor will be my target customers and thus my market size [...]

Economic Growth Damage in Developing Countries

During the creation of the European single currency, the EMU left the fiscal policy to the individual member states. Subsidization of agricultural products in developed countries leads to overproduction and thus affecting the trade cycle.

Shopping Diary: Illustrating Consumer Behavior

Consumer behavior is explained in terms of the actions of the buyers as well as the different approaches someone may take to decide what to purchase and the decision-making process, which can be affected by [...]

The US Trade Policy

In light of this action, it could be said that Obama was trying to somewhat appease opponents of the tariff by agreeing to a lower number.

International Trade Impact on the Amazon Region

In addition, for the Amazon region to come full circle from the agrarian economy to the "adolescent economy," governments in the region have to participate in the improvement of trade on the international front.

Globalization: “The World Is Flat” by Thomas Friedman

One of the main aspects of post-industrial living has to do with the fact that, as time goes on, the world becomes increasingly 'flat', in the metaphorical sense of this world the forces of Globalization [...]

Chapter 1 of “Managerial Economics” by Davies & Lam

The scholars define Managerial Economics as the study that is focused on the application of economic theory, methods, and principles to the process of business and administrative decision-making so that the organizations can achieve their [...]

Malaysia’s Manufacturing Goods and Comparative Advantage

The factors that influence the comparative advantage of Malaysia's manufacturing goods includes abundant resources, efficient communication, technology, low-cost of manufacturing goods and the pattern of demand.

“Lectures in Macroeconomics” by Arnold Kling

Both increased productivity and trade are regarded as beneficial for the economy due to the potential ability to move labor resources from one sector that experiences productivity exceeding demand to those that encounters prevalence of [...]

Economics: “Not What They Had in Mind” by A. Kling

Among key illusions that caused the financial crisis, one can note that the participants in the financial market were excessively confident in mathematical models of risk along with financial engineering, relying on credit rating agencies [...]

Absolute and Comparative Advantage Theories by Smith and Ricardo

The author believes that comparative advantage is dynamic, as it is influenced by the changes in the global economy, international demand and supply, and distribution of advantages from becoming involved in international trade.

The Global Economic Crisis

My view is that the great depression of the 1930s could be excused because the globe was just coming to form the repercussions of the First World War, and again the Second World War was [...]

My Renewed Thinking After the Global Economic Crisis

At the onset of the global economic crisis and the fall of several financial institutions, my perception of the accuracy of the data that they provide has begun being influenced in the negative.

Comparative Advantage Theory by Ricardo

The country with the relative abundance of labor will easily procure cheap labor for the production of labor-intensive products, while the other country will have to pay dearly to procure the same level of work [...]

The Negative Impacts of Globalization

Noteworthy, environmental pollution, social and moral degradation, political manipulation, and exploitation of the poor population by the wealthy nations are some of the most evident impacts of globalization in the modern world.

Geopolitical Fears on Oil Prices

Regardless of the price of oil and oil products, the firms would have to purchase the same quantity of oil. This means that a geopolitical fear of oil prices will cause consumers to buy more [...]

The Relevance of Islamic Economics

The vision of Islamic economics is to study the allocation of resources in many of the Islamic based countries. The key learning points are the vision, the relevance of Islamic economics, history, and the future [...]

Economic History: Ricardo, Mill, Marx and Keynes

However, the price of the output must increase so that the cultivation of the low-quality land can be profitable. Moreover, the increase in the misery of the workers will eventually lead to a revolution against [...]

Lawfty Hotel Accounts and Taxation

M paid to Lawfty Hotel an amount of $870 for the pending cost of her brother's stay in the hotel but the accounts were not adjusted accordingly.

Future of the Canadian Economy

In this case, the finance minister wants to increase the country's exports. In this case, economic recovery will depend on various policies that the system will come up with.

US Trade Sanctions for North Korea in 2013

Trading with North Korea is a nightmare for other countries due to the economic restrictions imposed on it by the United Nations and America.

Tobin Tax for the United Kingdom and United States

The reason is that the commission has put it clear that the financial transaction tax will not only be implemented to financial institutions that are within the FTT region.

Free Trade and Economic Development in Kenya

To enhance the balance of trade, there is a need to make various changes to the trade barriers. As a fact, this will be a relief to the Kenyan economy, as the balance of trade [...]

Asia’s Economic Opportunities and Threats

Carrefour respects the choice of its customers and provides them with a freedom of choice among the variety of commodities offered in its hypermarket.

Gambling, Fraud and Security in Banking

By supervising the institutions and banks, there exists openness into the dealings of the banks and this allows investors to get full information about the banks before investing.

High-Risk Gambles Prevention in Banking

The elements of a valid contract between banks and their customers vary according to the context of the contract. This involves the willingness and devotion of both parties to a particular cause.
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