Search Results

Free Essays
Good Essays
Better Essays
Stronger Essays
Powerful Essays
Term Papers
Research Papers

Your search returned over 400 essays for "Economics"
<< Previous  1  2  3  4  5    Next >>

These results are sorted by most relevant first (ranked search). You may also sort these by color rating or essay length.

Title Length Color Rating  
The Impact of the Global Financial Crisis on Economic Growth - Economic growth The impact of the Global Financial Crisis on economic growth As a result of the global recession, Australia’s GDP was forecasted to contract by 0.5% in 2009-10 in comparison to other advanced economies which were expected to contract by 3.75% in the same year. However minor the reductions in GDP, it was evident that Australia was not exempt from the global recession although is better placed and is expected to perform better than almost all other OECD economies. The global recession has also triggered a fall in household wealth and a disruption in consumer confidence with consumption forecasted to contract by 0.25% in 2009-10....   [tags: Economics]
:: 7 Works Cited
4060 words
(11.6 pages)
Term Papers [preview]
The Economics of Uncertainty in Climate Science - In 1990 Yale economist William Nordhaus wrote an article entitled “Count Before You Leap” in which he warned of the consequences of doing too much to prevent climate change given the uncertainties regarding both the effects of climate change and the likelihood that these effects would actually occur. Nordhaus advocated careful cost-benefit analysis based on more certain information regarding climate change rather than a knee-jerk reaction to gloomy prophecies about the end of the world as we know it....   [tags: environment, argumentative, global warming, pollut]
:: 4 Works Cited
1233 words
(3.5 pages)
Strong Essays [preview]
Budget Deficit, Fiscal Stimuli and the Economic Recovery - Budget deficit, fiscal stimuli and the economic recovery Post budget debate is heating around the points if the economy is heading in the right direction and government has the capacity to deal with major economic challenges. It is true that the economy of Pakistan is passing through a critical stage and major road blockers to growth seem to be increasing unemployment rate, inflation rate, incidents of terrorism as a consequence falling foreign and local investment levels, and power shortage. Adding to the injury, the country is included in the list of top 5 most unstable countries, along with Iraq and Afghanistan, of the world....   [tags: Economics] 1100 words
(3.1 pages)
Strong Essays [preview]
The Relationship Between Oil Prices and Economic Growth - From the middle of twentieth century, due to exceptional importance of the crude oil in the supply of the world's energy demands, it has become one of the major indicators of economic activities of the world. Even after the appearance of alternate forms of energy like solar power, water and wind, the importance of crude oil as the main source of energy still cannot be denied. This sharp increase in the world oil prices and the volatile exchange rates are generally regarded as the factors of discouraging economic growth....   [tags: Economics ] 973 words
(2.8 pages)
Strong Essays [preview]
Is the banking industry responsible for the economic disaster in Iceland? - With about 320,000 people, Iceland has only about as many inhabitants as an average German city. Nevertheless, the island republic is among the richest nations in the world with one of the highest living standards. Iceland is a member of the United Nations, NATO and the European Economic Area, as well as many other international organizations. “Is the banking industry responsible for the economic disaster of Iceland?” Until the 80’s, Iceland was a more regulated economy with many interventions by the state....   [tags: Economics ]
:: 8 Works Cited
1768 words
(5.1 pages)
Term Papers [preview]
Laissez-Faire Economics - ... Now firms are able to afford to provide more of the same product at a lower cost for consumers, with extra revenue to improve production or even wages of the workers. These workers will then, in turn, have a larger amount of money to utilize to buy products now offered at a lower rate improving not one, but multiple businesses. Another advantage with the removal of government interference from the economy is a reduction in the start up costs of new corporations along with a reduction in taxation, since less requirements and regulations are now in place....   [tags: Adam Smith, Wealth of Nations, economy]
:: 5 Works Cited
867 words
(2.5 pages)
Strong Essays [preview]
The Relationship Between Economic Growth and Social Development - Economic growth and social development are complementary and close relationship constraints. However, with economic growth, it is clear that there are many environmental concerns in today’s society. Air, water, and land pollution have been worsening; the environment of wild animals and plants have been seriously damaged, many species are threatened with extinction, deforestation and over-exploitation of mineral resources give human survival and development a real and more serious potential threat....   [tags: Economics ] 1458 words
(4.2 pages)
Powerful Essays [preview]
The Relationship Between Economic Growth and Environmental Protection - I. Introduction Economic growth and social development are complementary and they have a close but complex relationship. With the economic growth, it is clear that there are many environmental concerns in today’s society. Air, water, and land pollution have worsened; the environment of wild animals and plants has been seriously damaged; many species are threatened with extinction, deforestation and over-exploitation of mineral resources....   [tags: Economics]
:: 10 Works Cited
1701 words
(4.9 pages)
Powerful Essays [preview]
Economics in the United Methodist Church - ... Even youth (defined as those in student ministry activities, generally 6th-12th grade) bring friends to primary youth activities and it is considered a joy. But, these youth who come are not contributing to the economic well-being of the church. They are enjoying social and spiritual benefits, but are not paying their fair share. They are free riders. Additionally, there are times on a Sunday morning (or Wednesday evening) that a church becomes a common pool resource. Common pool resource “are natural or human-made resources where one person's use subtracts from another's use and where it is often necessary, but difficult and costly, to exclude other users outside the group from using th...   [tags: religious organizations, Christian congregations] 762 words
(2.2 pages)
Research Papers [preview]
China’s Geo-economics Interests in Africa - China’s geo-economics interests in Africa are inseparably linked with its military and strategic analysis of a post bipolar worldview, which requires defending China’s positions in international forums such as the UN, and positioning itself as a global power, while sometimes taking a firm stand against the US. China’s Africa policy cannot be divorced from its overall grand strategy, which includes a great power diplomacy focused on establishing partnerships to increase its attractiveness. Africa’s strategic importance, in China’s foreign policy calculations vis-à-vis other great powers, has grown as countries deal with the problem of ‘peak oil’ and seek sources of reliable supply of natural...   [tags: global competitors, victimization, rivals] 1466 words
(4.2 pages)
Powerful Essays [preview]
Main Economic Features of Oligopolies and Price-fixing Theories - Introduction Oligopoly, from the ancient Greek όλίγοι "a few" and πώλης "seller" (Woodhouse, 2002), defines the market with a small number of large players. (Begg and Ward, 2009, B&W). To demonstrate a clear understanding of what it is and how it works, this essay will be tacitly divided in two sections. In the first section I will discuss oligopoly's definition, demand curve, main features and price-fixing. In the second, I will illustrate oligopoly by referencing the UK Beer Market, and the extent to which this industry could support price-fixing....   [tags: Economics]
:: 24 Works Cited
2276 words
(6.5 pages)
Term Papers [preview]
Economic Liablity System of the Kingdom of Saudi Arabia - Risk is a fact of human life. And, contemporary living has more risk of a certain kind than living in the past. Take the case of economic activities particularly now in the international context. There are definitely more and greater risks now, especially in the securities or capital market, than when barter was still the medium of economic exchange in any country in the world. The current risks are not only occasioned by the hugeness of the business or organizational entities at play , the enormity of finances that are involved, and the complexity of the transactions that are concerned – among others....   [tags: Economics] 541 words
(1.5 pages)
Good Essays [preview]
The Relationship Between Public Capital and Economic Activity - 1 INFRASTRUCTURE: In the Aschauer’s (1989a, 1989b) original work, a Cobb-Douglas production function was estimated with stocks of various infrastructure as capital and labour as the other input. He established that military capital had insignificant association with productivity. Nevertheless, the ‘core’ infrastructure such as streets, highways, airports, mass transit, sewers, water systems, etc., had the majority explanatory power for productivity. The relationship between public capital and economic activity at the State level in the US was examined by Munnell (1990a, 1990b)....   [tags: Economics]
:: 29 Works Cited
1246 words
(3.6 pages)
Strong Essays [preview]
The Economic Effects of the Slave Trade on Africa, Britain, and America - In today’s world it is widely know and accepted that money makes the world go round but, unfortunately that is not the question. The question is: what made the world go round in the early 1600’s. Surprisingly, just like the world today money made the world go around back then also. One major difference is that in today’s world machines do all of our dirty work, back then it was all up to the slaves. Finding the perfect slave was a challenge to the colonists. First, there was the indentured servants, second, came the Indians....   [tags: Economics]
:: 7 Works Cited
1409 words
(4 pages)
Powerful Essays [preview]
Links Between Stock Markets and Economic Growth - Townsend’s (1979) study was motivated in part by questions of optimal regulation of financial institutions such as intermediaries, and it suggests a simple theory of intermediation and avoid the difficulties associated with non-convex technologies using a game theoretic approach “non-cooperative game theoretic model”, and it is described in which exchange is motivated by risk sharing considerations. Through liberalization of interest rates and other restrictive; equity markets may improve allocation efficiency....   [tags: Economics ] 1164 words
(3.3 pages)
Strong Essays [preview]
Encouraging Economic Growth with the Fair Tax Act - The recent global economic recession, the slow recovery, and the looming threat of a “double dip” recession have left most Americans bewildered. The issues are complex. The way ahead is unclear and fraught with danger. No one in seems to be quite sure what to do. Politics bicker over ideological talking points while nine percent of their constituents can’t find a job. The price of food, housing, and healthcare rise but wages remain stagnant. The housing market continues to flounder while interest rates hover near zero....   [tags: Economics]
:: 5 Works Cited
1720 words
(4.9 pages)
Powerful Essays [preview]
How Recent Economic Trends Influence Business - How recent economic trends are influencing the business A firm and its management are affected by many factors present in its environment and this because a business can not operate in vacuum. The factors existing in a business’ environment are beyond control by a firm and the factors affects how a business operates and performs in the market (Li, 2008). Other macro environmental factors besides economic that affect business performance include political factors, social, demographic or ecological, and technology....   [tags: Economics]
:: 3 Works Cited
1604 words
(4.6 pages)
Powerful Essays [preview]
Stock Markets: Effective in Promoting Economic Growth? - Introduction There is an existing debate among economists around whether financial development causes economic growth or growth is followed by other factors. To understand this relationship many researchers have focused on the impact of banks in the financial market on economic growth. The basic idea of financial development and economic growth was raised by Schumpeter (1912) who argued that the ability of financial sector in financing the entrepreneur’s innovation will lead to growth. Opponents of this idea argue that stock markets are not effective in promoting economic growth....   [tags: Economics]
:: 9 Works Cited
1321 words
(3.8 pages)
Better Essays [preview]
Modern Monetary Policy: The Fed's Economic Oversight - Monetary Policy: The Fed's Economic Oversight Modern Monetary policy is defined as “[t]he actions of a central bank, currency board, or other regulatory committee that determines the size and rate of growth of the money supply in a country, which in turn affects interest rates. Monetary policy is maintained through actions such as increasing the interest rate, or changing the amount of money that banks are required to keep in the vault also known as bank reserves” (Investopedia). Meanwhile, fiscal policy is determined by government actions, and how money is spent and collected, not by a central bank....   [tags: Economics]
:: 11 Works Cited
2117 words
(6 pages)
Term Papers [preview]
Economics Report on Budget - Economics Report on Budget Introduction The aim of this report is to find out how budget 2003 has affected different groups of people. Has the budget benefited the UK. Does the majority of the UK know about budget. In this report I will find out the answers to these questions and produce a clear conclusion outlining the main factors included in budget 2003 and if it was a success or not. In this report I have to find out if budget 2003 benefited everyone or not. I will need to gather information from different angles to find if budget had an affect on the citizens of Britain....   [tags: Papers] 2854 words
(8.2 pages)
Strong Essays [preview]
Economics of Opening a Bakery - Mario was thinking of going into the bakery business. Mario knows that the bakery business holds a lot of uncertainty, his decision about prices, cost and production are critical for business survival, at the same time; he has to determine the pulse of the market. However, if he decides to work in another business, his choice will involve an opportunity cost. If Mario decides to push for the bakery business, he needs some money to start up his business. Total fixed Cost Mario first decision is buy an oven....   [tags: Mario wants to go into the bakery business] 957 words
(2.7 pages)
Better Essays [preview]
Switzerland: Economics and Business Culture - Switzerland is a small country in Europe of only 30,753 square miles (Presence Switzerland, n.d.) and is divided into 26 cantons, the equivalent of states in the United States. In 2011, the total population in Switzerland was 7,954,662. Of that number, 6,138,668 (77.2%) were Swiss citizens and 1,815,994 (22.8%) were foreign residents. Population density is high due to the relatively small size of the country and the high population. The Swiss have been experiencing low birth rates for years. 1998 was the first year there were more deaths than births....   [tags: Regulatory Agencies, Skilled Labor Force]
:: 13 Works Cited
2605 words
(7.4 pages)
Research Papers [preview]
Soft Money in Economics - Soft Money in Economics With each election cycle rolling around every 4 years, the various political parties, especially the Republican and Democratic parties, are setting new records for campaign contributions and raising higher and higher amounts of money toward their goals. It seems elected officials spend more and more time on fundraising and less time on working for the people they are sworn to serve. Now what is wrong with that picture. Does the phrase "We have the best government money can buy," mean what it says....   [tags: essays papers] 801 words
(2.3 pages)
Strong Essays [preview]
World Investments and Economics - World Investments and Economics Prime Minister Tony Blair launched Invest.UK on 5 July 2000, saying: "Today's inward investment figures are a clear vote of confidence in this country and the economic policies we are pursuing. Companies from every sector and from all over the world know Britain is the place to do business. I would like to congratulate everyone involved in the British inward investment effort - you have done a great job…To maintain this record it is vital that we modernise the services we offer investors....   [tags: Papers] 946 words
(2.7 pages)
Better Essays [preview]
Financial and Monetary Economics - Financial and Monetary Economics ‘‘Should we consider the Stock Market an efficient market.’’ In theory the Stock Market is said to be efficient as stock prices should follow a random walk, which, means that stock price changes should be random and unpredictable, If stock prices were predictable then this would prove that the stock market is inefficient as this implies that all available information was not already impounded in stock prices. Hence the notion that stock prices reflect all available information is known as the efficient market hypothesis (EMH)....   [tags: Papers] 1625 words
(4.6 pages)
Strong Essays [preview]
Inside Scoop on Economics - Inside Scoop on Economics G.M to Cut 30,000 Jobs and Close Some Factories General Motors, suffering from inefficient sales, high costs of production and massive losses, announced that they planvned to close down a dozen facilities in the U.S. and Canada and eliminate 30,000 manufacturing jobs over the next three years. This decision is based upon their competition with other car-manufactures, such as Toyota and other overseas automakers, the annual increase in the price of oil/gas, and the consequential decrease in demand for their vehicles....   [tags: Papers] 605 words
(1.7 pages)
Strong Essays [preview]
Economic Development - Economic development Is an activity directed to achieve maximum human welfare in all its manifestations and permitted to build a nation in the areas religiously required to turn in the world, in terms of the legitimacy of the development goals including: good preparation rights and building society with a proper level of a decent life for all members, in addition to building economic strength so that the adequacy of the nation in all the different areas of production (Beck, 1981). Government expenditures which are incurred by all governments are the money that a government spends in order to maintain its own functioning as well as promoting the wellbeing of the society and the economy as a w...   [tags: Economics ] 911 words
(2.6 pages)
Better Essays [preview]
The Economics of Illicit Drugs - In this essay I will define drug abuse and show the economic impact of the sales of illicit drugs. I will introduce an argument for legalization and the impact to the economy. Next I will discuss some of the economic cost from lack of productivity, health care cost and other cost associated with Drug abuse. In order to understand the economic impact of illicit drugs we must first define what a drug is. A drug is defined as any substance other than food that affects the way your mind or body works....   [tags: Crime and Drugs]
:: 3 Works Cited
1305 words
(3.7 pages)
Better Essays [preview]
The Economics of Wind Power - The dependence on power for society has been increasing for centuries. There is a need by society to utilize the power it generates for consumptive purposes. The amount of power and the type of power that is generated has been found to have conflicting effects on the environment. The environment is one of the biggest concerns that interest people when it comes to the kind of power that is produced. Environmental activist play important roles in helping to monitor and strives to support regulations by the government on power sources....   [tags: Alternative Energy]
:: 4 Works Cited
2072 words
(5.9 pages)
Strong Essays [preview]
Government and Economics in China - Introduction China is one of the most populous countries of the world with over 1.3 billion people and covering a geographical area of about 9.6 million square kilometres. It lies on the eastern end of the large Asia continent and enjoys a remarkably long coastline. It has a large economy, given the large population and a wide array of natural resources especially mineral resources which are the backbone of its economy. With a well cultivated constitution that was put in place by the largest political party, the Communist Party of China (CPC), China has reforms underway aimed at closing the otherwise wide gap between the rich and the poor....   [tags: China]
:: 8 Works Cited
1288 words
(3.7 pages)
Better Essays [preview]
The Economics of Ecological Restoration - Humans have always had a negative impact on the environment. The dependency on the environment has caused us to exploit it as natural resources. These resources are put in to product essential and non-essential goods for the human population. Many of these resources such as timber and fish stocks, are limited by time and can result to resource depletion (Field, 2008). The United Natios Millennium Ecosystem Assessment states that approximately 60% of the world’s ecosystems are uses at an unsustainable rate (David Suzuki Foundation, 2008)....   [tags: ecosystems services,natural resources,restoration]
:: 9 Works Cited
1283 words
(3.7 pages)
Strong Essays [preview]
Theories and Application of Economics - In the twentieth century many classical or non-classical Economist claimed that the Economy will always be at or close to natural level of Employment (Keynes, 1936). In Appropriate it is the great features of the economic system in which we live, while variation in output and employment will make the economic system violent. The recession in United States was resolved by practicing the Keynes policy. Keynes Expansionary policies were also implemented by Sweden and Germany but the true success of Keynes can be seen after the World War II which provided a boom to Economy (Keynes, 1937) Evidence indicates that natural employment will be for limited period....   [tags: Employment, American History]
:: 7 Works Cited
1528 words
(4.4 pages)
Strong Essays [preview]
The Economics of Student Performance - Student performance is measured by production function. Educational production function is a relationship between the inputs and the outputs of education (Dolan, 1994). It has been generally acknowledged (Dolan, 1994) that income or scores on some standardized tests as a proxy measure of the outputs of education. Educational inputs can be categorized in many categories. In Mood (1969) divided inputs of education into five broad categories; student’s own abilities and attitudes, support of family, community and peers, properties of educational system and society’s posture with respect to education....   [tags: Education]
:: 29 Works Cited
909 words
(2.6 pages)
Better Essays [preview]
Government, Economics, and Fiscal Policy - The statement “I want my job back!” has become a war cry for the masses. Great amounts of money are being dumped into the economy, but with little to no return. The system is failing and people are becoming restless. In light of the recent “Occupy Wall Street” protests the question begs to be answered, “Are we going to get our jobs back?” With so many politicians declaring they have the answers, how can we find the correct path to follow. Something is missing from both plans, but first the plans should be discussed before criticism can begin....   [tags: Government]
:: 4 Works Cited
1261 words
(3.6 pages)
Strong Essays [preview]
Economics of Far East Countries - Some countries in Asia have sufficient latitude on the fiscal front. Singapore and Hong Kong are highly fiscally flexible – both have been running years of fiscal surpluses, have negative net government debt (due to large fiscal reserves – S&P estimates HK and Singapore’s net general government debt position at -32.6% and -83.9% of GDP, respectively, in 2010) and can provide a backstop if economic conditions significantly deteriorated, though historically, Singapore has been more fiscally interventionist than Hong Kong....   [tags: High Fiscal Flexibility] 938 words
(2.7 pages)
Better Essays [preview]
Economic Conditions - Economic Conditions There are many different countries throughout the world, with each country possessing its own approach to economics. Countries can be broken down into three categories of development, the three being industrialized, developing, and less-developed. The three countries that I have chosen to show these comparisons are Italy, Thailand, and Somalia. Italy is the industrialized nation, Thailand is developing, and Somalia is less-developed. The economic system of a country is the basis for all economic decisions....   [tags: Economics ]
:: 2 Works Cited
891 words
(2.5 pages)
Better Essays [preview]
Economic Evaluation - The change in health profiles of the population and the evolution of medical technology have made more explicit the gap between what medicine can do and what is economically feasible (Fuchs, 2000). Resources to satisfy needs are scarce and every society must decide how better to allocate the scarce resource among the different alternative uses. Economics tries to address the normative question of which allocation of resources is best for the society. The answer to such question depends crucially on the objective being pursued....   [tags: Economics] 868 words
(2.5 pages)
Better Essays [preview]
Economic Crisis Harms Middle-Aged Workers - Unemployment is at an all time high. No group of people has been more devastated than older workers. Older workers are defined as individuals in their 50’s and 60’s. These older workers are at a phase in life when they should be saving for the final years of retirement and living a quiet life. Instead, people must take low-paying jobs, or start spending down retirement funds just to make ends meet. Many have turned to drugs and alcohol as a way to cope with the problems of their daily lives. This group is more impacted than younger workers for various reasons....   [tags: Economics]
:: 7 Works Cited
1936 words
(5.5 pages)
Term Papers [preview]
SME Development In Pakistan. Do Economic Growth And Government Support Matter? - In business world, small and medium enterprises have a long history of service for providing employment opportunity to the people of country. It increases the ability of people to make them more innovative and to cope with unemployment crisis. Small and medium-sized enterprises (SMEs) are seen as a key to economic growth, innovation and employment growth significant employment potential, revenue generation and technological advancement in most economies. It is very important sector in both developed and developing countries....   [tags: Economics ]
:: 18 Works Cited
2739 words
(7.8 pages)
Term Papers [preview]
Economics Assessment of Brazil - Brazil is one of the most prominent emerging economies in the world, indeed Brazil forms part of the BRIC group of emerging economies alongside Russia, India and China. Brazil does differ from some of its emerging economy counterparts in many ways, unlike China (but similar to Russia and India) Brazil has a democratic form of government and the centre-left Worker’s Party (Partidos dos Trabalhadores (PT)) has governed Brazil since 2003. Unlike other emerging economies, the Brazilian economy is dominated by the services industry which contributes 67 per-cent of Brazilian GDP and employs 70 per-cent of Brazil’s 100.77 million strong labour force....   [tags: Demographics, Brazil]
:: 11 Works Cited
2291 words
(6.5 pages)
Term Papers [preview]
To What Extent was the European ‘Scramble for Africa’ Driven by Economic Factors? - The ‘scramble for Africa’ was a phenomenon in the world between the years 1880-1914. The ‘dark continent’ was relatively untouched by Europeans up until this point, with few ports of control on the coasts in the west, which were remnants of the slave trade, and in the south, Britain held the Cape, taken from the Dutch during the French Revolutionary Wars. So, during a period of 30 years, it came to pass that almost the whole of Africa was taken by Europeans. (Except Liberia a colony for freed American slaves, and Abyssinia managed to hold out against Italian aggression)....   [tags: Economics]
:: 12 Works Cited
2162 words
(6.2 pages)
Term Papers [preview]
Impact of the Economic Global Crisis: Current Situation and Prospects in the Philippines - Impact of the Economic Global Crisis: Current Situation and Prospects in the Philippines Asia in general was not affected by the current global financial crisis (1). The source of the crisis did not come from the developing countries as seen in the 1990s during the Asian crisis. In 2008 - 2009, the developed world initiated the global financial crisis with the sub prime lending implosion; thus, affected the rest of the world. The Philippines in particular did not fall into a recession since the banks were not exposed to toxic assets as seen in the European banks and other developed world....   [tags: Economics ] 1681 words
(4.8 pages)
Powerful Essays [preview]
To What Extent Does Contractionary Policy Contribute to a Decline in Economic Activity? - Fiscal policy is the government’s attempt to influence the economy by setting and changing taxes, government spending, and the government’s deficit and debt (Matthews et al 2003). Contractionary fiscal policy is, therefore, a policy where a decrease in government’s spending, an increase in taxes plus a decrease in transfer payments are applied to mitigate the inflationary issues that occur during a business cycle expansion. Thus, it restrains the economy, decreases the inflation rate and closes the inflation gap....   [tags: Economics]
:: 8 Works Cited
1582 words
(4.5 pages)
Powerful Essays [preview]
Ethical Economics - Ethical Economics The term ethical and economics should never be put into the same sentence. They are almost oxymoronic in the sense that in order for one to succeed on an economic level, ethics are usually never involved. America, as we have come to know it, is a world full of mice and snakes. The mice are those in society who voluntarily choose to live off of the prosperous, as the snakes go out and get their prey. The capitalistic society in which we live is truly what we make of it. The standards and principles of America's capitalism are truly ethical and fair....   [tags: Papers] 663 words
(1.9 pages)
Strong Essays [preview]
World Economics and History - ... Velocity of money is given by the ratio between nominal gross domestic product and money supply. The increase in the money supply will imply that the ratio tends to decrease. Therefore this strategy will ultimately lead to a decline in the money velocity. Journal Question 3 The two basic macroeconomic expectations extend to include rational and adaptive expectations. The rational expectations usually defines this form of expectations where they happen to be identical to the unsurpassed guess regarding the future and utilizes all the available information....   [tags: journal questions and answers] 1238 words
(3.5 pages)
Research Papers [preview]
Economics and Urban Education - ... The underlying problem is that Growing economic inequality contributes in a multitude of ways that perpetuates an enormous gap between the educational outcomes of rich and poor children. “More than twice as many students attend high poverty in schools in urban than in nonurban. (Department of and Urban Development, 1998, p.16-17) When comparing urban teachers to nonurban schools, urban teachers are not certified or to the least academically knowledgeable in resulting in high turnovers before the school year has ended....   [tags: socioeconomic status and schooling]
:: 7 Works Cited
666 words
(1.9 pages)
Research Papers [preview]
Economics Intervention and Externalities - ... The government suffers the cost of law enforcement, prevention and administrating the insurance system (Easton). Drinking alcohol results in a reduced workforce as a consequence of death or premature retirement and absence due to injury or sickness. The most significant sectors that get affected by the consumption of alcohol would be the health system, at every level from prevention to higher tertiary spheres to nursing care later on, the social security or other forms of public income maintenance, traffic management, and also to policing, justice and corrections....   [tags: drunk individuals, legal drinking age]
:: 2 Works Cited
948 words
(2.7 pages)
Strong Essays [preview]
Economics: What are Externalities? - Externalities occur when economic decisions create costs or benefits for parties other than the decision maker (Visser, 2014). Both negative and positive externalities exist. A positive externalities arises when an action by a party results in benefits to others thus the social benefit is greater than private benefit. A negative externality occurs when an action by a party yields harmful effects on the other. In terms of negative externalities the social cost is greater than private cost. Market failure occurs when the private costs are not equal to the social costs....   [tags: social cost, power-generation] 1954 words
(5.6 pages)
Powerful Essays [preview]
Environmental Economics: Market Failures - “Most environmental and natural resource problems arise because of market failure, therefore solving these problems could be easily achieved through the appropriate extension of markets.” Critically evaluate this statement with reference to specific examples of pollution, natural resources and environmental public goods. The market represents a decentralized exchange mechanism that allows society to allocate resources efficiently. (National Oceanic and Atmospheric Administration, 2011) An example of a perfect market for the supply and demand for oysters is shown in Figure 1....   [tags: Protecting the Environment]
:: 4 Works Cited
931 words
(2.7 pages)
Better Essays [preview]
Economics: The Macroeconomic Calendar - ... The normal yield curve typically occurs when investors in bonds expect the economy to expand at a healthy rate without fear of inflation. The curve slopes moderately upwards and is defined by an interest rate spread between the long and the short ends of several hundred basis points. There are slightly higher yields at the long end, compensating bondholders for inflationary risk associated with time. The inverted yield curve comes about because of two related bearish forces. At the short end the Federal Reserve has raised interest rates to combat inflation....   [tags: yield curve, indicators, recession] 1055 words
(3 pages)
Better Essays [preview]
Greed Economics - Greed Economics Pokemon, Microsoft and the Economics of Greed Greed Economics: The uplifting or debilitating effect of the excessive desire of gain on the production, consumption and distribution of goods and services. Solid proof that “greed economics” lives and breathes was recently found in Newswek’s Novmber 8th issue in an article entitled “Puffy’s Crowded Orbit”. Sean (Puffy) Combs is founder and CEO of the extremely profitable Bad Boy entertainment. In the billion dollar a year rap music industry, he is the cognac in a world of beer....   [tags: essays papers] 620 words
(1.8 pages)
Strong Essays [preview]
Economics and Global Warming - Arguably one of the most oft debated topics in recent years, the effects of global warming pose a threat to the world economy. Growth in the economy can spur changes in climate that have the ability to prove both beneficial and impeding to economic prosperity. An understanding of economic principals can provide insight onto the costs that are incurred with growth of industry and the methods that can be implemented to cede further negative effects. Global warming, by definition, is an increase in the temperature of the Earth’s atmosphere and oceans....   [tags: Environmental Issues]
:: 6 Works Cited
1767 words
(5 pages)
Powerful Essays [preview]
Macro Economics - Macro Economics 1. Developing a model of an economy means answering the question(s) of: a. what to produce. b. how to produce. c. for whom to produce. d. what to produce, how to produce and for whom to produce. e. Only what to produce and how to produce, since distribution is not the task of economics. 2. Every year during the holidays there seems to be a great demand for some particular "hot" toy. This is an example of the effect of _________ on demand. a. tastes and preferences b. expectations c. income d. prices of other goods e. wealth 3. A market is in equilibrium when there is: a. excess demand....   [tags: essays papers] 4197 words
(12 pages)
Strong Essays [preview]
Economies of Scale - Economies of Scale Economics Test 1. Define and explain all Internal Economies of Scale: · Internal Economies of Scale:Are reductions in long-run average cost as the size and output of a firm increases. In other words, they are advantages that large firms have because they are large. As they grow larger in the long-run they manage to raise their output faster than the rise in their total costs. The result is lower long-run average cost. - Marketing economies- Both in buying materials and selling its finished goods a large firm is n a better position than a smaller one....   [tags: Economics Economy Essays] 1649 words
(4.7 pages)
Strong Essays [preview]
Keynesian Economics - Macroeconomics is the branch of economics concerned with the aggregate, or overall, economy. Macroeconomics deals with economic factors such as total national output and income, unemployment, balance of payments, and the rate of inflation. It is distinct from microeconomics, which is the study of the composition of output such as the supply and demand for individual goods and services, the way they are traded in markets, and the pattern of their relative prices. At the basis of macroeconomics is an understanding of what constitutes national output, or national income, and the related concept of gross national product (GNP)....   [tags: Keynesian model, Macroeconomics] 1668 words
(4.8 pages)
Powerful Essays [preview]
Economics Elasticity - Businesses know that they face demand curves, but rarely do they know what these curves look like. Yet sometimes a business needs to have a good idea of what part of a demand curve looks like if it is to make good decisions. If Rick's Pizza raises its prices by ten percent, what will happen to its revenues. The answer depends on how consumers will respond. Will they cut back purchases a little or a lot. This question of how responsive consumers are to price changes involves the economic concept of elasticity....   [tags: Price Elasticity of Demand] 926 words
(2.6 pages)
Better Essays [preview]
Economics Indicators - Economics Indicators Investments The Stock-Trak investment simulation program began on August 30th, which marked the first day that trading was allowed. A total available amount of $300,000 was used for investing. The objective of this assignment is to maximize the value of the portfolio through November 19th, which was the last day of the trading period. I began the process of choosing specific investments for my portfolio by taking an asset allocation questionnaire (appendix I). Since the objective was to maximize portfolio value, I made sure for each question asked that I chose the answer with the most risk....   [tags: essays papers] 2632 words
(7.5 pages)
Strong Essays [preview]
Economics Today - The Economics Today The opening bell on the floor of the New York Stock Exchange September 17, 2001 was a ring that no one was sure about. The Stock Exchange had not been open since the tragedies that occurred on September 11, and many were skeptical about how the market would fare on its first day of trading. We lost not only our stability of our nation the day the planes hit the World Trade Centers, but the stability of our economy as well. The Dow Jones closed at 8,920.70 and suffered the worst point loss since December of 1998....   [tags: essays research papers] 632 words
(1.8 pages)
Strong Essays [preview]
Economic Growth and Development - Economic growth is a necessary but not sufficient condition of economic development. There is no single definition that encompasses all the aspects of economic development. The most comprehensive definition perhaps of economic development is the one given by Todaro: ‘Development is not purely an economic phenomenon but rather a multi – dimensional process involving reorganization and re orientation of the entire economic and social system. Development is a process of improving the quality of all human lives with three equally important aspects....   [tags: Economics]
:: 9 Works Cited
884 words
(2.5 pages)
Better Essays [preview]
Australian Economic Issues - Economic Growth Measurement Economic growth refers to an increase in an economy’s productive capacity, as measured by changes in its real GDP (adjusted for inflation), over a period of time. Growth may be measured quarterly, annually, or year on year (changes from one quarter to the corresponding quarter the following year). Annual growth is used to identify trends in the business cycle, while quarterly growth provides an indication of the economy’s short-term direction, and year on year growth to show annual progress....   [tags: Economics ]
:: 12 Works Cited
1417 words
(4 pages)
Powerful Essays [preview]
Special Economic Zones - INTRODUCTION The concept of Special economic zones is quite popular with developing countries as it gives an opportunity for the domestic players to compete on international level with other countries. It also plays a catalytic role by helping the countries to export new products and find new markets, and in building up the image of the countries' products in the international market. Special economic zones are the zones where “industrial zones with special incentives attract foreign investors in which imported materials undergo some degree of processing before being exported again....   [tags: Economics]
:: 6 Works Cited
1649 words
(4.7 pages)
Powerful Essays [preview]
U.S. Economic Crisis - The United States is currently experiencing the biggest financial crisis after the Great Depression, in this paper we will discuss what caused the current economic crisis and why. Two What is the relationship between mortgages, the housing crisis and Wall Street. Third, how has this crisis affected fiscal policy and what are some of the drawbacks of government intervention. Four, what is the recession doing to GDP, economic growth and inflation and how are other countries faring. Five, discuss the different types of unemployment and why is underemployment becoming an economic issue and lastly, what should be done to get the economy back into expansion mode....   [tags: Economics] 871 words
(2.5 pages)
Better Essays [preview]
Economic Literature Review - CHAPTER II: REVIEW OF THE LITERATURE 2.1 Introduction This chapter reviews the literature on exchange rate, stock market, the relationship between exchange rate and stock price. Few of this literature, the majority of the studies discuss the relationship between stock price and exchange rate. 2.2 Exchange rate The development of International Finance Corporation is an important trend of the world. Exchange rate is the most important international trade adjustment lever. As a national production of goods are calculated by the cost of national currency, to compete in the world market, the products cost must related to the exchange rate....   [tags: Economics ] 1144 words
(3.3 pages)
Strong Essays [preview]
Global Economic Recession - An economic recession is described as “a widespread decline in the GDP and employment and trade lasting from six months to a year.” (Word Net) The economic recession is an international problem that has been affecting countries like the United States, China, United Kingdom and others for over two years. The latest recession began when house prices and sales began to fall and large drop offs in business investments started. Another causing factor of the recession was citizens with bad credit buying houses and real-estate and mortgages not being paid....   [tags: Economics]
:: 4 Works Cited
818 words
(2.3 pages)
Better Essays [preview]
Thailand Economic System - Thailand implements a controlled floating exchange rate system, pricing to market forces on the Thai baht, and the Thai central bank would only intervene in the market when necessary, in order to avoid excessive exchange rate volatility to the expected impact of economic policies. At present, the global economic slowdown, domestic demand is not good in Thailand. In order to keep the country's export competitiveness, the Bank of Thailand is more inclined to let the baht weaken. Trade and investment barriers (1)....   [tags: Economics] 2077 words
(5.9 pages)
Powerful Essays [preview]
American Economic Crisis - There are many things that are fundamentally wrong with the U.S. economy. In fact, warning signs are everywhere. Politicians are more concerned about elections than addressing the real issues. Voters are more concerned about whether gay people should be allowed to marry, rather than fixing the problems that affect all of us. All the while, the economy is diving further and further into its despair. One of America’s largest problems is the ever growing mountain of federal debt. Investors say that in some cases, debt can be a tool to make money....   [tags: Economics]
:: 5 Works Cited
1450 words
(4.1 pages)
Powerful Essays [preview]
Economic Recovery Plan - Owning a home: the dream that every man dreams. The American dream is both a privilege and a burden. Typically, realizing a dream that you have had since maturity is pleasurable, however, for many Americans, the possibility of owning their own home is a temptation that burns too bright to resist. I live in Williamson County, in Tennessee, which, at one point, was ranked in the top ten wealthiest counties in the entire United States. The fact is this: if you live in Williamson County, you most likely have some money....   [tags: Economics] 1064 words
(3 pages)
Good Essays [preview]
Chilean Economic Market - Chile has become the preferred test market in Latin America, in recent years the private sector from many industries used as the entry county for the Latin America market that is the case of the Chinese automobile industry, the since 2006 start it export vehicles in this country an today has share market of 8% (Chile C. , 2010) . The small size, economic and political stability make Chile an excellent country for experimentation, which can give the experience and the funds need it for AKH to start its expansion in the Hispanic market as the strategic used by Chinese automobile industry ....   [tags: Economics] 879 words
(2.5 pages)
Better Essays [preview]
The Econometric Analysis of the Dynamics of Economic Growth, Debts and Budget Deficits of Sub-Saharan Africa - ABSTRACT Many researches had done by others on analyzing the relationship between debt and economic growth. However, little attention has been paid to the econometric analysis of the dynamics of economic growth, debts and budget deficits of Sub-Saharan Africa (SSA). The main purpose of this paper is to re-examine the relationship between debt and growth for SSA, by using Granger causality to test between debts, economic growth and budget deficit. In addition, we will be using the Vector Error Correction Model (VECM) and Augmented Vector Autoregressive (VAR) to test the presence of co-integration....   [tags: Economics] 1730 words
(4.9 pages)
Powerful Essays [preview]
Australia Economy And The Major 5 Member Of Asean Economic - 1. SNAPSHOT OF THE AUSTRALIA ECONOMY AND THE MAJOR 5 MEMBERS OF ASEAN ECONOMICS Item Australia Indonesia Philippine Thailand Malaysia Singapore Population(2006) 20,434,176 245,452,739 89,468,677 64,631,595 24,385,858 4,492,150 Population growth rate (2006) 0.8% 1.4% 1.8% 0.7% 1.8% 1.4% Population density per sq mi: (2006) 7 351 777 327 192 18,645 Annual inflation rate(2006) 3.3 10.4 6.3 4.8 2.9 1 Unemployment rate(2006) 4.9 12.5 7.9 2.1 3.5 3.1 GDP growth rate(2006) 2.7 5.5 5.4 4.8 5.9 7.9 Exports as a % of GDP(2006) 15 27.7 40.4 58.8 100.2 205.3 Current account balance as a % of GDP(2006) -5.4 0.7 4.3 0.3 3.6 6.1 Saving rate as a % of GDP(2005) 20 27 19.8 23.5 17.1 23 Official interest rat...   [tags: Economics] 1860 words
(5.3 pages)
Strong Essays [preview]
Development of a Macroeconomic Model That Can Explicitly Illustrate the Impact of Multiple Kinds of Economic Rigidities in a Common Framework - 14.33 Research Plan Introduction Traditional macroeconomic models have generally focused on how specific sources of market imperfections can be used to explain various macroeconomic phenomena. While many of them are able to effectively illustrate potential avenues of macroeconomic fluctuation, they are often not easily extendable to accommodate other sources of variation as well. This inflexibility means that choosing a model requires implicitly making specific discreet structural assumptions about the economy we hope to model....   [tags: Economics] 928 words
(2.7 pages)
Better Essays [preview]
Global Economics - 1. Some economist criticized the comparative advantage principle, contending that it may have helped developed countries maintain relatively advanced technology and industry compared to developing countries. Can you explain how Trade based on Comparative Advantage could have helped maintain the income inequality among different countries globally. International trade is essential for developing countries in order to achieve sustainable growth. This flow of goods and services will significantly affect economic growth and decrease poverty....   [tags: comparative advantage]
:: 6 Works Cited
3145 words
(9 pages)
Strong Essays [preview]
Economics and the Environment - Mainstream economic thought of the 20th century was dominated by the principle of ‘more is better’, this thinking is dangerously misguided. Concentrating on maximizing real GNP has been brought about by economists who are working on the assumption that growth is always justified, because of the infinite wants of the population. These economists also see growth as a solution to the problems of the world today. Even those who propose ‘sustainable growth’ are false in that they assume that it is possible to continue with the growth of the last two centuries....   [tags: Sustainable Growth Essays]
:: 3 Works Cited
2767 words
(7.9 pages)
Strong Essays [preview]
The Economics of Pornography - Steven Hirsch is still a handsome man at age 39; he has a golden tan, long brown hair, and a new black Ferrari. Steven founded Vivid Videos in 1984 when he was 23. Now president of the lucrative company, he discusses brand recognition and foreign licensing rights from his office nestled in the solid middle class community of Van Nuys, California. Steven sounds much like the young Hollywood movie executives not far from his inconspicuous studios ... until he starts listing some of his company's video credits: Ho-tel Pacifico, Lonestar Virgins #9, and Life on Beaver Ave....   [tags: Pornography Essays]
:: 21 Works Cited
1937 words
(5.5 pages)
Powerful Essays [preview]
Health Care Economics - People place various levels of price on their lives and the lives of their loved ones. People take drastic measures in an attempt to increase and improve one's life. Unfortunately, money and economics have a great influence on the value of life. As presented in the text, the Jones-Lee Approach, the relationship between wages and risk, and the study with the smoke detectors, all show that even with health, as with material consumer products, people will purchase more when the price is cheaper....   [tags: essays research papers] 400 words
(1.1 pages)
Strong Essays [preview]
Classical Laissez-faire Economics - Classical Laissez-faire Economics The earliest organized school of economic thought is known as Classical. The father of this school is Adam Smith. Smith used the concept of the invisible hand to describe the role of the market in the allocation of resources. In the market, the interaction of demand and supply determines how much of a good will be produced and the price that is charged for that good. Absent any explicit guidance mechanism, the invisible hand guides participants in the market towards an outcome that efficiently allocates resources to the production of goods that society desires....   [tags: Papers] 1781 words
(5.1 pages)
Powerful Essays [preview]
Abortion Economics 101 - Abortion Economics 101 There was a constant debate about the approval ratings for President Bill Clinton in the midst of the sex scandal. At times the ratings were higher than even before news of the scandal broke. Everyone agreed that the high ratings were linked to the strong economy. Herein lies the truth. After all, America’s strong economy wasn't built on presidential scandals, but on abortion. The greatest economic fear right is the possibility of ending abortion, and the champions of abortion happen to be President Bill Clinton and the Democratic Party One should recall that the economy of the pre-Civil War South was built on the backs of slaves....   [tags: Argumentative Persuasive Topics] 823 words
(2.4 pages)
Strong Essays [preview]
College Admissions: Philosophy, Politics and Economics - The crucial importance and relevance of politics, philosophy and their related disciplines to the modern world have led me to want to pursue the study of these social sciences at a higher level. My experiences of Politics at A Level have shown me the fundamental part it plays in our lives, but it has also shown me that it cannot exist alone, and is inextricably linked to history, sociology, economics and, most of all, philosophy. I have found it useful in my other studies, in adding reality to academic analysis - and a sense of stability and proportion too....   [tags: College Admissions Essays] 409 words
(1.2 pages)
Strong Essays [preview]
The Politics and Economics of FDA Drug Approval - The Politics and Economics of FDA Drug Approval The United Sates Food and Drug Administration has been protecting American consumers for around 70 years. The FDA assures the safety drugs, medical devices, chemicals, cosmetics, foods and additives by evaluating products for approval. Controversy has recently been surrounding the FDA's drug approval process, due to a general trend to get pharmaceuticals on the market more quickly. The FDA has been under pressure from congress and the public to speed approval, but pharmaceutical companies, who benefit more than anyone form accelerated drug approval, have also been applying pressure to the FDA through congress....   [tags: Papers] 2409 words
(6.9 pages)
Powerful Essays [preview]
Comparing Keynesian Economics and Supply Side Economic Theories - Comparing Keynesian Economics and Supply Side Economic Theories Two controversial economic policies are Keynesian economics and Supply Side economics. They represent opposite sides of the economic policy spectrum and were introduced at opposite ends of the 20th century, yet still are the most famous for their effects on the economy of the United States when they were used. The founder of Keynesian economic theory was John Maynard Keynes. He made many great accomplishments during his time and probably his greatest was what he did for America in its hour of need....   [tags: Economy] 506 words
(1.4 pages)
Strong Essays [preview]


Your search returned over 400 essays for "Economics"
<< Previous  1  2  3  4  5    Next >>