Economics Essay Examples and Topics. Page 56

A "real" Gross Domestic Product considers inflation and the measure of the value of the goods and services using their prices from the previous year.

However, other economists claim that Hume did not consider the modern version of mercantilism in which the authority of the mercantilist country keep stock of the currency of the deficit country and utilizes it to [...]

The form of plastic cards available includes store cards, cash cards, debit cards and credit cards; all these cards are used in transactions, but they are different in the benefits to its users, and on [...]

In modern era of globalization, both countries are facing an increasing number of new entrants in the banking sector; in Saudi Arabia, the sector is growing faster than that of the United States because of [...]

The economic development in the Asian states in the early 21st century led to a decrease in the distorted allocation of profits between urbanized and emerging economies.

Unemployment rate, which is the number of people who are unemployed divided by the number of people in the labour force, is used to indicate the state of employment in the economy.

In this paper, the focus is going to be on commenting on whether the evolutionary approach is successful in addressing the criticism that, in neoclassical economics, the profile of the rational individual is not very [...]

The proposed tax hike was a reaction to the problem of budget deficit that threatened to derail the state of Illinois.

The article begins with explaining the impact of high rates of VAT on the people of a country, especially the middle class.

More light is shed on the experiences of the 1990s, and the changes and reaffirmation made on the mainstream overviews of the period, as expressed in the East Asian miracle.

Thus, in the aftermath of what is perceived as the collapse of the WAC, the BJC offers better hope of prosperity to the developing world.

Throughout the discussion, the paper will highlight the main economical problems faced by Greece, the major causes of economical crisis, how the current economical crisis is affecting other European countries, and the measures that Greek's [...]

The government has adopted the cash accounting model since this model ensures that the welfare of the people is well catered for.

This means that the exchange rate is flexible and can change from time to time in response to the dynamics of the foreign exchange markets.

There are two types of social equilibrium that is dynamic and static equilibriums, abnormal and normal equilibriums the first is active, the second is passive.the first is unstable and the second is stable Equilibrium is [...]

Papandrea indicates that the main purpose of those reviews is 'a profound effect on the financial services industry.' Analyzing the Ripoll Review, Papandrea says about the priorities of the role of adviser, commissions, banks, marketing [...]

These unsustainable trends were termed as the main cause of change in climate and for this reason; there was need for drastic measures to combat climate change.

Causes of great depression The fundamental causes of great depression in Canada were the decline in the spending. Crash in the stock market in the United State and Canada contributed to the great depression.

The major functions of the central bank are the formulation of policies that affect the whole of the banking industry, they also regulate the other banks most so the commercial banks and act as the [...]

Microeconomic competitiveness is determined by the quality of the national business environment, the state of the cluster development and the complexities of a company's operations and strategy.

To efficiently deal with the historical question on socialism when in the process of practicing of the transformation of China, the Chinese society emphasized on improvement of the road and distinguished market system.

If I worked in the restaurant for $24 per day, the opportunity cost is that I will not have enough time for leisure and studies.

Relying on the in-depth review of the market studies and orientation, the notions of relationship marketing and IT infrastructure literature propose that the adoption of CRM technology correlates positively with the creation, development, and retention [...]

According to Dr, James, the local branch Human Resource Manager, the journey to the top has been long fought, but staying on top against the prevailing market competition is the company's primary objective.

According to UNICTAD, FDI in Argentina, Brazil and Chile and generally in Latin America is high and this has been attributed to major privatization and growth prospectus in the region.

Revealed preference theory Samuelson introduced the arevealed preference' theory to elaborate that people living in representative agent economies, should allow free trade to serve the purpose of improving the economic status of all people.

This paper has also provided some of the advantages and disadvantages that investment by American firms can bring to the economy of the nation.

Mercantilists consider the advancement of foreign trade to be a key to the attainment of state security and prosperity of a country.

In order to comprehend the contents of the report, the following issues are addressed: the reasons for the Henry review into taxation, its recommendations and the government's response.

There has been a consistent increase in the volume of assets of the financial service providers in Australia; in fact the growth rate of the financial sector has leaped forward than the overall economic growth [...]

The common feature in many of the reasons for the decline in influence and member numbers of labour unions in Australia and other Western nations is that, employers and employees, due to economic, legislative, and [...]

Compare and contrast the approach to economics of the U.S.system of government to Socialism Capitalism, which is the economic system in the U.

In brief, an up shift in the volume of money supply causes the cost of borrowing, which is also the interest rate to move downwards.

The prize that a commodity or service is worth in the market is accumulated is summed up to the value of government expenditure and overall consumer expenses and is measured against the income value1. The [...]

The behavior of corporations, globalization process and the ideas of capacity of globalization to foster uncontrolled growth of capitalistic global community encompasses some of the major arguments the opponents of globalization deem as central to [...]

Therefore, the issue of free trade has to be viewed in two dimensions, that is, form the United States view and South Korea's view.

The disease is said to be one of the leading causes of death in the tropical region of the world and the governments of those countries have to spend a lot in trying to curb [...]

As one of the major economic hub in the world, there has been a steady decline in the imports and exports as depicted in the article.

This demand is affected by the price of the car, the price of other models of cars, tastes and preferences of consumers among others. Many of the models in the article are also difficult to [...]

Speaking of the other sphere of economies of scope that are considered in the given paper, the one concerning the telecommunication issues, it is necessary to explain that in the given sphere, "the existence of [...]

It is the duty of the government to make economic policies that can contribute to the economic growth. The fiscal policy is made by the government to ensure the collection of the taxes in the [...]

It is therefore crucial that interested organizations assist people in identifying the means of survival for the local persons. In a case where people have been affected by a calamity such as hurricane, the best [...]

In spite of the fact that there were clear signs of the impeding economic crisis, the Federal Reserve officials and their counterparts in Europe were unable to alleviate the economic crisis that took place in [...]

Another type is a government budget, it is a budget according to which government plans the resources of the nation. There are different types of taxes that are paid by individuals and businesses to the [...]

The theory of comparative advantage originated from the book "On the Principles of Political Economy and Taxation" authored by David Ricardo and was published in 1817.

The analysis further indicates that Turkey's domestic market was the most favorable compared to the rest of the market destinations for the product.

In the long term, the natural effect is that the exchange rate will increase with the amount of cash in the economy.

Its success in the past two years has been linked to impressive performance in the service sector which comprises of 67% of the total market value of finished goods.

The Vodafone team managed to keep mobile banking service simple to its users. Soon mobile banking became a form of viral marketing and drove the growth of the company and its services.

In the second quarter of 2011, the US economic expansion was below what had been forecasted, and this is a pointer to the weakness of the economy.

This means that the governments see the need to raise age of retirement as the best means to keep the cost of pension affordable.

The breakdown of production processes into smaller parts and subsequent placement in the hands of supervisors has led to the organization and specialization of labor.

The net effect of export trade to Japan was not only limited to the provision of much needed foreign currency for the purchase of raw goods, but it also benefited the country through developing its [...]

Implementation of a viable business idea will normally require a great deal of capital and the ability of the entrepreneur to raise the necessary capital, the higher the chances of business success.

The deterioration of economies called for government to take fast and immediate measures to rescue their nations; the United Nations for instance had to make policies that protected its local industry from the adverse effects [...]

There is a widespread investment of capital across the world in search for clients and markets. Being able to reduce this gap is highly crucial in the creation of a peaceful and just international community.

This is very much evident in the business world, where a business person will try to ensure that their business operations are in line with the interests of consumers.

Moreover, the management of Best Food Superstores should encourage the employees to adopt ethical behavior with regard to the store policy.

Moreover globalization leads to foreign investment which negatively affects the average wages of workers in America and American families at large.

The company's net cash outflow from investing activities has increased by almost 387% in the year 2010. The company has purchased nine other companies in the year 2010.

The gap between the poor and the rich is the major criterion that is used to measure the position of an economy in terms of development.

The credit crunch that was experienced between from 2007 to 2009 greatly battered the private sector labor market and resulted in a decline in the number of people who are gainfully employed in the US.

The link between product quality and customer loyalty is evident: when a product satisfies customer's needs, and thereafter, a customers communicates the positive aspect of that products to others, thus showing a high degree of [...]

The researchers suggest that the lack of attention to this step can be due to the lack of the knowledge of effective methodology.

This is one of the indicators economists observe to foresee the possibility of the economy diving in to a recession, or is already on the way to recession.

With the current crisis in Europe, the main challenge in handling the situation remains to be the uncertainty of what would happen if big banks were to be capitalized like it was done in the [...]

He was of the view that boosting skills of various indigenous companies and relating employment to export growth was the best way to acclimatize to the new economic command of the world.

In the world today, there are very many companies that have become obsolete and they have shrunk their market share because many other companies have emerged thereby taking the market share that was previously occupied [...]

Consequently, this growth and development has made marketing of financial services by marketers in the financial sector to consumers to be rapid and proficient when compared to other channels.

The opposite trends in the cost of mortgage credit and the housing prices also made the home owners participate more in the market since the risk of default was much lower.

As such, the financial risk managers found themselves facing the challenge of survival in the face of the worst ever financial crunch in the history of world business.

This is an advantage to the employee because when it comes to firing employees, the first people to go are those that the employer does not know.

The problem when looking at this situation based on the findings of Country Report is that while having housing surplus would be fine if such housing were created in order to meet expected demand within [...]

Consequently, the rate of growth and development could be measured by the level of savings and investment in physical capital in the country. This theory has included changes in technology into the model of growth [...]

From the article, Seib identifies a number of issues that contribute to the problem of the long-term unemployed. This has adverse effects on the ability of such children to get employed in future.

In this study, the researcher formulates the problem of examining the role of country of origin, ethnocentrism and animosity in promoting consumer trust.

Increase in the GDP as a result of increase in Consumption, Investment, and Government expenditure improves the standard of living since services or goods are readily available for consumption by the private and public sectors.

The Basel III toughens the bank capital needs and institutes new regulatory needs on the liquidity of the bank as well as the bank leverage.

Supply, on the other hand, is the amount of products that sellers are able and willing to take to the market and sell. In the event that the demand and supply changes, there will be [...]

To choose the right project the CEO should consider using the investment appraisal methods that allows the management team of the firm to evaluate a project based on the possible opportunity costs, returns, risks and [...]

This saves the lenders from the problem of having to declare most of the debts as bad, owing to default payments on the part of the borrower.

In this paper I seek to discuss the Chinese demand for commodities and the effects of the demands on the world economy as well as the effects of these demands on the sustainability of the [...]

He also proposes a change in the education system of the US whereby, the learners should concentrate more on creativity and not train as a source of the work force.

In essence, the objective of providing for Medicaid and Medicare is to eradicate poverty and promote income equality in the country.

The last reason for growth of SR has to do with emergence of global standard-setting institutions, which in one way or the other are becoming avenues setting standards for organizations to comply with in regard [...]

The position of this country in the period of 1960s and 1980s has already discussed in section of economic history of South Korea; however, this part concentrates more on the position of this country on [...]

The unemployment rate increased due to various reasons such as uncertainty arising from the slow growth in the economy, current slide in the stock market and the debt crisis from the European region, which spooked [...]

GDP measures the nation's total spending on newly-manufactured services and goods or all income received from the services and goods manufactured; therefore, GDP is market price of final services and goods manufactured in a nation [...]

The economic analysis of the article will give the strength and the weakness of the monetary policy in the domestic capital and the foreign exchange markets.

In theory, risk free rate in taken to be the least returns on investment desirable for an investor and has no risk unless the rate of risk for that investment is lower than the returns.

Ecological economics sees the economy as a subsystem of the wider ecosystem and puts a lot of emphasis upon the preservation of the natural capital.

In 1963, he co-authored with Anna Schwartz in an examination of the significance of money supply and economic activity in the history of U. Milton Friedman is certainly a figure to reckon with in the [...]

The problem of underfunding of small businesses has implications to the financial stability of the small businesses sector and the economy at large.

The article, "The State of Economics", is an article that discusses the turmoil between economists of the current age in trying to reconcile economic principles with both the classical and Keynesian economic theories of the [...]

The report contains valuable statistics data of the tax rates and entrepreneurs' opinions of the current policies which can be recommended to small business owners for enhancing their understanding of the current situation in the [...]

The subsidy of public goods by government According to Johnson and Whitehead article titled "the subsidy of public goods by government", the rush to build arenas and sports stadiums were witnessed in the 1990s.

Two factors that may influence the use of wood in the firm include government policies and the price of substitute input, which in this case is plastic. This will therefore make the price elasticity of [...]

It basically is the application of economic principles on one hand by consumers and on the other producers that the forces of demand and supply are founded and hence a market economy.

Because of reduced cost of energy, which translates to a fall in the cost of production, industries will be more profitable.

On the other hand, the price of the dollar is purely affected by the demand and supply aspects that are prevailing in the current market like what is happening now.

The main advantage of using the agents to enter the market is their wide knowledge and expertise of the foreign market hence providing a smooth landing board for the firm.

To be the highly coveted market in the European region it has the most developed industrial economy and it places it as the leading competitor in the telecom market.

The standard deviations of the per capita consumption of beer, income, price of beer, price of wine and price of spirits are 13.

Economist and financial analysts argue that the stability and the value strength of the currency have been a liability and an asset to the members' states.

The increase in rates also affects companies in the housing sector because the increase in rates leads to a decline in the number of people who apply for mortgages: the opposite causes more people to [...]

There are many costs related to the production and the consumption of gases. The above policies, market structure policies and environment policies would reduce externalities due to production and emission of gases.

As a matter of fact, the global financial crisis is still playing out and that is why this has been explained in an easy to understand language that can not present a problem to anybody.

As the larger company makes it possible for the smaller company to access the already developed market, the new venturing company must show creativity in using the market for its gain and the benefit of [...]

The BACS system is very essential in the treasury management system due to the vital role it plays: The ACH system is called BACS and operated by bankers automated clearing services which is part of [...]

When offering loans, a bank has to gauge the chances of success of the loan; the same happens with mortgage financing; the following are the factors that need to be considered: Borrowers Information When evaluating [...]

The borrower should study the interest rates charged on loans and mortgages to determine the type of risk that they will pursue when they borrow funds from the lending institutions.

Changes in the government policies are the driving force behind the society's change in the volume, composition and location of their income.

The use of the two instruments involves manipulating the level of government spending and or tax collection in order to influence the aggregate demand and the level of activity in the economy.

The 2007 financial crisis in the United States led into a decline in the level of liquidity within the economy. During the 2007 economic crisis, there was an increment in the rate of unemployment in [...]

This means that the fiscal policy adopted mainly tends to increase the desire for investors to invest and the available market to have the power to purchase.

The government expenditure will be less than the tax revenue in the event of a contractionary fiscal policy. The reduction is illustrated by the shift in the aggregate demand curve to the left from AD1 [...]

This has been through the removal of international trade barriers that used to limit the movement of people, information, goods and services through the rapid development of innovation and the resultant technological progress. He describes [...]

SERVQUAL is a representation of service quality as a gap between the client's expectation of service being offered and the client's perception of the received service, requiring that the respondents answer questions regarding their expectations [...]

This piece of work gives a critical discussion of the various factors that are associated with the rapid economic growth in China in the last three decades and their implications in the country as well [...]

Monetary policies on the other hand are policies used by the reserve bank of Australia to monitor the flow of money in the economy.