Economics Essay Examples and Topics. Page 2
Generally, the ability of the firm to dominate the market and have probability of control is determined by the economies of scale.
With the ever-changing dynamics of the business world, the government has assumed a senior role in protecting businesses and influencing the economy in an array of ways.
The relevance of being a global citizen is that through international encounters, people develop a considerable awareness of the problems faced by various parts of the world.
Therefore, with the application of SA, one can shape corporate behaviors and choices in order to champion the needs and rights of shareholders in regard to a particular business.
People could not learn the subject of globalization the easy way until the outbreak of the World War I and II in the twentieth century.
He emphasize that the sole purpose of a business is to make profit and the government is the one to be concerned with social responsibilities.
Many problems of the contemporary world, from poverty to environmental degradation, are casually linked to the process of globalization Globalisation refers to the increased awareness among nations of the world.
With globalization, a problem should be looked from the global perspective; that is how it has affected the current business in the domestic country and how it is likely to affect the company in other [...]
The Concept of Globalisation Globalisation can be defined as the minimisation of the differences between people of the world and the maximisation of their similarities through interactions, cooperation and communication.
Some of the factors that affect the demand and the supply of a computer include the following; the initial factor that can affect the supply of computer to a particular region is the demand of [...]
In the United State of America, the rate of unemployment was at its highest in the year 2007. The topic of unemployment is important due to the impact that it has on the current economy.
The Travels of a T-shirt in the Global Economy focuses on the impact of globalization and free trade. The farmers of the United States are subsidized by the government, and the American textile industries are [...]
It is possible to begin the discussion of the need for keeping paper currency from referring to the rights of any people.
The new developments have lead to a scenario of a free market where there are may buyers and sellers, complete knowledge of the products produced, and entry or exit of the market is on the [...]
The other part makes use of the features of each case with reference to a potential outcome, using each theory of regulation approach by identifying the features of the case and the actions and motivations [...]
To locate the price elasticity of demand, one will have to divide the change in quantity by the change in the price of a product or a commodity.
Billions of people in all parts of the world sacrifice their ambitions and subconscious tensions on the altar of profitability and higher incomes. Yet, the opportunity costs of pursuing more money can be extremely high.
The more creativity is employed in the tourism industry, the more the number of employment opportunities. Most of the employees that work in the tourism industry are of young age meaning that the tourism industry [...]
By using share values for the merged companies before and after the mergers, the researchers report that most of such mergers result in increased share value, implying that the wealth of the shareholder and the [...]
A developed country on the contrary is defined as a country which has the potential of providing its citizens with a healthy safe and free environment to live in.besides the parameters mentioned above, international monetary [...]
Therefore the success of firm in this industry will depend on the intensity of market research conducted so as to identify the most appropriate product to supply in the market.
The government has gone against the Bible's principles in the policies it makes in to stimulate the economy, specifically in its pieces of legislation relating to business regulation and taxation.
Conventionally, the roles of trade unions have been to safeguard jobs and to protect the real earning of workers, provide them security and better working conditions and to struggle against mistreatment and uncertainty in order [...]
The UK and the US have differences in terms of registering a company. For instance, when a company finds the art of double taxation and other legalities that will manifest in their profit, it means [...]
The following are some of the advantages of using the hard system method It provides a deeper understanding and analysis of the problem of unemployment and answers the question of how to mitigate the unemployment [...]
For the sake of this study, the focus will be on the city of Los Angeles, California, and how it emerged to become one of the most important global cities in the world today.
In this case, it is assumed that the satisfaction of the consumer is dependent on the performance of the product or the perceptions of the consumer in relation to the product, and the motivations that [...]
The second reason is that due to the problems with employment, the project of development does not meet the expectations and entails a range of other failures.
On the entrepreneurial front, creativity should ensure that the profitability of an innovation in both monetary and social terms is tapped.
The rich and the powerful are at the top while the poor and helpless are at the bottom, the rest lie in-between.
Britain has from time immemorial been the pacesetter for globalization due to the fact that it was among the first countries to achieve economic and political stability and was in a position to colonize other [...]
However, the main turning point of the economy occurred during this phase and resulted in the economic boom of the UAE.
And finally, the writer gives a case study of the US as a country practicing open economy and free trade and describes the US international political economy over the years.
In case the expatriate is required to move with his/her family, during the selection process, it will be very necessary to ensure that the expatriate's family is willing and ready to adjust to the living [...]
The reputation of the business is evidenced in their reports as audited statements increase the credibility of the enterprise hence it can help the lenders such as financial institutions to rate the credibility of the [...]
This is critical in the provision of labour to companies in diverse industries that would wish to outsource to Indonesia. In the context of labour cost, rising labour cost in China has increased the competitiveness [...]
The price of milk in the short-term period will remain unchanged, as the growing demand for milk products does not reduce the costs of milk production.
In Norway, the four factors influence the flourishing of the international trade. The political school of thought of the regime running a government also influences the delivery of certain goods like merits goods, the education [...]
Comparative advantage can be defined as the efficiency of a country or a state to produce a certain commodity at a lower opportunity cost compared to another another country.
It looks at all factors that form a part of the society as a whole and that which decides on the overall development of the economics as well as the environment.
This paper discusses the international marketing environment in relation to factors such as the cultural, political-legal, and economic forces that affect the selection of a potential market for foreign direct investments.
The Sarbanes-Oxley Act of the year 2002 directs that the companies must present annual report depicting the effectiveness of these controls.
One is that it enables the student to settle the bills and pay school fees. The amount of loans taken by students is reported to have decreased nowadays.
The main limitation of the Lewis model is that there were two models: that of Lewis's original ideas and advocacy for the economic development of the tropical countries, and the Lewis model advocated by Fei [...]
In perfect competition, the level of output that maximizes the profit can be given by the value of output corresponding to the maxima of a profit curve or by the output that is responsible for [...]
There will be prosperity in the country and the same will motivate the people to work very hard, this will again work in the benefit of the economy. This will make a nation prosper and [...]
The way the Grameen bank raised and the way it is currently operating is one of the biggest success stories to date of the micro-credit financial institute.
The high class are not interested in how expensive the product is but the point of interest is the utility that the product is going to give.
Thus, the main points of expenditure will be clearly marked, which will help to exclude the purchase of unnecessary goods and services.
The aim of the development of the international monetary system is to be the source of the international monetary stability. An international monetary system must have three elements: the availability of the pay method, which [...]
The news articles examine the issue of globalization drivers through the lens of the recent shock to the global economy with Russia's invasion of Ukraine and the subsequent political, economic, and social consequences from global [...]
The primary factor to consider is the cost of buying versus the rent expenditure incurred. In this case, the recent increase in charges associated with homes and higher mortgage levels have resulted in minimal costs [...]
In the affluent market segment where the default rate is likely to be low, the company can offer a high maximum credit card limit to encourage expenditure.
For a business plan to appeal to the reader, the market analysis should focus on the external factors that present the growth opportunities to the business and how the business plans exploit the opportunities so [...]
For the past decades the industrialized world has seen a number of economic and technological advancements which changed people's lives, irrespective of the country they lived in.
Some of the environmental aspects that will determine the growth rate of globalization include the development of economic output, not forgetting encouragement of technological development. It is now clear that for development to take place [...]
In the light of the above, budgetary processes of the private sector still emerge to be better than the public sector especially based on the principles governing both budgetary processes.
This scenario results in the abuse of the physical environment and the overuse of natural resources, especially in the manufacturing industry.
In the United States of America, the GDP is considered as all the services and products that are produced by the Americans as well as U.S.companies.
Some of these problems can be related to the formulation of bad policies of governance by the federal government and the ignorance of the people of the United States of America and the overwhelming global [...]
India became part of globalization after the economy of the country opened up to the rest of the world in the early 90s as a result of the financial crisis.
This paper will look at the reasons why the United States of America has been outsourcing mechanical engineering services and how this has changed the outlook of the Engineering degrees awarded in the state.
The failure of large businesses, decrease in consumers' wealth and demand, and a considerable decline of economic activities also led to the social, cultural, and moral crisis due to the rise of unemployment.
These impacts include enhancing economic equality, political balance, unity of the northern and southern states of America, and controlling the spread of slavery in the country. Finally, the Missouri Compromise controlled the spread and prevalence [...]
Nike is one of the largest footwear and sportswear suppliers in the USA. Nowadays, the company is considered to be the leading sportswear and footwear in the world.
In order to address the collapse in the real estate market observed in Dubai in 2008, the Emirate's authorities focused on elaborating stricter regulations on developers of the housing projects and on the buyers. 26 [...]
This is done to establish the performance of the company, how the finances of the company are being used, whether the company is making losses or profits and what needs to be changed to better [...]
Thus, it cannot be denied that economic globalization and its institutions that promote it, like the North American Free Trade Agreement, the World Bank, the International Monetary Fund, and the World Trade Organization, only promoted [...]
The clamor for a better system calls for the creation of a line of credit for aspiring entrepreneurs, while at the same time ensuring the sustainability of the banking sector.
The data can also be used in creating the profile of each and every customer. The bank anticipates the needs of its customers and discourages mass marketing to huge customer segments.
If a person decides to boycott Nestle, then they need to stop buying any of the company's products, and this is an impressive list of brands.
The root cause of the problem is the desire for local industries to be protected from an influx of cheap foreign imports.
The importance of the insurance sector in the economic development of the country is being increasingly felt, due to the continued increase in the contribution of the insurance sector to the overall financial sector.
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.
However, a complaint is one of the ways for the customer to inform the business on how to continue developing. Complaints are an efficient and effective way to inform the business that it has a [...]
It should be noted that the concept of digital banking expands beyond the front-end that customers see and perceive: services and products.
In addition, most of the shopkeepers cannot meet the expense of putting up a shop in a mall and have to stick to the local markets.
The latter defines how the changes in the price of a substitute product affect the price of the one that is being discussed The elasticity is found by dividing the percentage change in the dependent [...]
The decline in economic growth was reflected in the significant reduction in the country's GDP. However, the profitability and growth of the sector reduced substantially in 2009 due to the following factors.
In the market, the forces of demand and supply determine the prices of goods and services. In this regard, there are various assumptions made in relation to the law of demand for the establishment of [...]
To the producer, fair trade compromises the quality since the current standards fail to specify criteria to determine quality of products.
This paper examines the background and economic performance of the Target discount retail chain against Walmart as benchmark, by reason of the fact that the latter is the global leader and sets an example of [...]
The paper features sections about the aspects of consumer behavior, the relationships between customers' trust and the growth of social media, the effects of electronic word-of-mouth, and the significance of brand awareness.
The paper works to determine the issues that are related to the concept and demonstrates the intricate relationship that the World Bank, donors, and recipients create as the idea of good governance is being promoted [...]
In a number of cases, the government of South Korea encouraged the importation of both raw materials and technology. 6 Rapid development of South Korea's economy is due to the rapid growth in the industrial [...]
Some services are available in the urban areas but most of the residents are not in the position to pay for them.
The population census is a component and integral part of the national statistical system of the country, the primary source of data on the population and its living conditions.
However, the economic crisis in Europe and the global economic downturn, which began in 2007, led to severe reduction in the country's growth rate. In this regard, the steady decline in inflation in the last [...]
In this area of the CSR, the Bank also invests in the future through education, healthcare and social housing. The first one is the management of the company's carbon footprint and the reduction of its [...]
In terms of business and finance, London has qualified to be a global city as it received the highest number of votes as a European city conducting different types of businesses.
Employers seek to recoup the costs of inflation by constantly increasing the financial performance of sales. One of these methods is to increase the gross profit ratio by reducing the cost of production.
Michael predicted that it would devaluate mortgage bonds and, therefore, decided to short the housing market, that is, to bet on the market crash.
Internet banking has certainly played a key role in the increase and ease of banking services the world over and the reasons for this are not difficult to discern.
There are two varying arguments in the determination of how divisional profitability should be calculated, they include; Measurement of the financial performance of the division interns of profits and returns on the investments or stocks.
These are: population dynamics and the demographic concept, reasons for the increase in the size of the population, effects of overpopulation in the economy, food production per capita index, lower national income, increasing burden on [...]
Kazakhstan contributes to the global economy, mainly through the oil industry; it is one of the tenth largest oil exporters in the world.
Therefore at the end of the financial year and after auditing of the various departments, it is possible to point out the areas in the company that are well managed and those that can be [...]
The objectives of this study include the following: To indentify the CDP models that best explain the consumer decision-making process in the hospitality industry To critique the consumer decision-making process in the context of consumption [...]
If you happen to lose your credit or debit card it is important to act swiftly and report the matter to your card issuer.
It is important to focus on the interdependence of societies and companies because the effective strategy or framework related to corporate social responsibility can improve the organization's competitiveness.
Conventional financial reporting shows the firm's disclose of the financial position of a firm, the financial performance of the firm, and the movement of cash flow.
This study seeks to explore the demand and supply of Apple IPod through the use of the laws of demand and supply.
The make option gives the management more direct control over the work, but the buy option may have benefits in that the external organization has expertise and special skills in the work making it cheaper.
History of the involvement of the cities in the world has different reasons that lead to the development and establishment of the towns.
The following paper will discuss and cover Susan Strange's contribution to the study of power in International Political Economy to evaluate and demonstrate the scholar's viewpoints and statements as to the given theme.
The aim of the present essay is to reveal the multifaceted nature of bank services through understanding bank strategies and examining the experience of specific banks.
The second argument for establishing a tax break for the owners of the Habitat for Humanity houses is the patent unfairness of the current system of determining the tax rate for this category of property [...]
Through the process of globalization, the integrity of the national territorial state as a more or less coherent political economy is eroded, and the functions of the state become reorganized to adjust domestic economic and [...]
The growth of the GDP in the first quarter of the year 2012 was recorded at 5. The competitiveness of Egyptian economy was enhanced by the government's implementation of floating exchange rate and the frequent [...]
The function of regression analysis is thus to establish a relationship between the variables using information available about the explanatory variable, and predict values of the dependent variable for decision making. In this case, the [...]
This therefore dictates that it is advisable to support the idea of corporate social responsibility for the sake of one's prosperity as well as that of the society at large despite the cost that could [...]
2 The presence of competition in the market will ensure that there is efficiency as competitive markets equate the marginal cost to the average cost of goods that are brought to the market.
The result of this is increase in cost of foreign business, which dampens the morale of foreign investors. Another challenge of doing business in China is the cost of the legal process involved.
This brings in the concept of opportunity cost to show the value of the needs that need to be satisfied first and those that need to be postponed to a further date.
It is measured in terms of the inflation rate, which is calculated annually by finding the change in the percentage of the price index in general.
In conclusion, the core recommendation for the US-based business of interest is to choose Thailand for its opening manufacturing facility. The regulations and enforcement of essential laws are better in Thailand, which will better resonate [...]
This research looks at one of her most celebrated program that turned out later on to be the source of misery to a good number of her population; that is the welfare program that was [...]
This is essential for the company to understand the amounts flowing in and out of the business and make necessary provisions to cover for deficits.
A number of analysts are of the opinion that there is an unprecedented acceleration in the pace of technological change. There seems to be an agreement among economist in the recent years that the impact [...]
The contraction in the domestic value of the currency may affect the foreign denominated cash flows of the company. The fluctuation in the domestic and foreign currencies influences the actual cash flow of the company.