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  

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  
Causes of Changes in Supply and Demand - Introduction* *A basic economic concept plays a vital part in prices of goods. The prices are set in a market that is supported by the laws of supply and demand. Supply and demand factors determined the wants and desires of people or a group. Supply is the product or service a producer has uncommitted and capable to legal transfer by selling . Demand is the amount of the product or service that buyers want to buy .This means that every market has two sides. The two sides are buyers and sellers....   [tags: Economics]
:: 2 Works Cited
525 words
(1.5 pages)
Good Essays [preview]
Pure Command Economic Systems - In a pure command economic system, an individual person has little or possibly no influence over how the basic economic questions are answered. Nowadays, the only areas that still have a pure command economy are North Korea, Vietnam, and parts of China. Should these countries keep a pure command economic system. Or should the pure command economic system be taken away from these countries. The pure command economic must be taken away for three following reasons: It has no competition, no development, and no valued goods and services....   [tags: Economics] 634 words
(1.8 pages)
Good Essays [preview]
Diamond Concept: Measuring Competitive National Advantages - Diamond Concept as a Tool for Measuring Competitive Advantage for Nations ( Porter’s five forces were formulated by Michael E. Porter as a framework to analyze industry and business strategy. He posits that countries, just like companies, compete in the international markets for their fair share. According to Davis and Ellis (2000), the focus on competition is diversion from traditional economic thinking. Unlike the previous theories that only work on one or two dimensions, Porter’s theory connects firms, industries and nations....   [tags: Economics]
:: 25 Works Cited
2532 words
(7.2 pages)
Term Papers [preview]
Converging Menger's and Searle's Money Tale - 1. Introduction The present paper aims at scrutinising whether a collective factor whatsoever has been needed to explain the emergence or persistence of money. To choose Menger (1892) and Searle (1995) for this discussion has some exemplary value as both are considered to defend opposing positions. As we shall see Searle considers the presence of collective intentionality as a necessary precondition for institutions like money to occur, whereas Menger bases his account on the sole pursuit of selfinterest of the agents....   [tags: Economics]
:: 15 Works Cited
1873 words
(5.4 pages)
Term Papers [preview]
Spending And Saving On The Internet - Spending And Saving Money On The Internet. National economics plays a large role in the health of every individual's financial success. High school seniors and young adults do not always take the time to understand the mechanics of this truth; it really hits home with people who must work for someone else to earn a living. The status of the national economy is more than just a number, it is the lifeblood of business. The national economy can affect large corporations and small businesses alike. This fact ties into the Internet in one major way-spending and saving money....   [tags: Economics] 635 words
(1.8 pages)
Better Essays [preview]
A Comparison of Capitalism and Socialism - Capitalism is superior to Socialism Capitalism is the world’s very popular economic system based on a free market, open competition, profit motive, and private ownership of the means of production. Capitalism encourages private investment and business compared to a government-controlled economy. Investors in private companies also own the firms and are as capitalists. By contrast, socialism, a government-controlled economy, is based on equality, social justice, and common ownership by the people....   [tags: Economics] 926 words
(2.6 pages)
Better Essays [preview]
Riordan Manufacturing Economic Factors - Riordan manufacturing is one of the top competitors in its market in the field of plastic injection moldings. Riordan produces products to include plastic bottles, fans of all sizes, heart valves, medical stents and custom plastic parts. Riordans customers and markets include; automotive parts manufacturers, aircraft manufacturers, beverage makers and bottlers, appliance manufacturers, healthcare and the Department of Defense. The broader the base of a company's customers and markets, the more economic factors will affect a company's success rate....   [tags: Economics] 1092 words
(3.1 pages)
Strong Essays [preview]
Analysing Current Economic Issues - Demand and supply is considered a basic economic concept, as well as a fundamental part of a free market economy. Demand is the amount of the product or service that consumers wish to acquire. Supply is the quantity of a product or service that is available in the market. The relationship between demand and supply has a great influence on the price of products and services. In the market economy, the distributions of resources are determined by the correlation of demand and supply. Nevertheless, the demand and supply theory will thus allocate resources in the most possible efficient way....   [tags: Economics] 1241 words
(3.5 pages)
Strong Essays [preview]
Free Trade Vs Fair Trade - Introduction Adam Smith, author of The Wealth of Nations, shows support for free trade and emphasises it as a trade policy which ought to be adopted. Krugman and Obstfeld back Smith's support by stating that the efficiency of trade is increased by free trade and accumulates the national income of countries. Free trade is a theory which suggests that each nation benefits in specialising in an economic activity from which it gains absolute advantage, enjoying absolute superiority over other nations in a specif economical activity (Peng)....   [tags: Economics]
:: 26 Works Cited
2355 words
(6.7 pages)
Term Papers [preview]
The Overnight Policy Rate (OPR) - The Overnight Policy Rate (OPR) The Overnight Policy Rate (OPR) is the interest rate that commercial banks charge for lending excess reserve to another commercial bank. Central Bank of Malaysia (BNM) determines the OPR. According to the article Monetary Policy Meeting (n.d.), “The reason why Malaysia uses OPR as one of its monetary policy is because OPR triggers a chain of many events such as: the Base Lending Rate (BLR), short-term interest rates, fixed deposit rate, foreign exchange rates, long term interest rates, the amount of money and credit and ultimately a range of economic variables, including unemployment, output, price levels and inflation which are the micro and macro factors on...   [tags: Economics]
:: 3 Works Cited
1046 words
(3 pages)
Strong Essays [preview]
Is Regional Policy Really Needed? - Despite being one of the wealthiest areas in the world, the EU faces the growing problem of prolific inequality in wealth and competitiveness across the diverse group of countries. This is dramatically represented in the differences of income between Europe’s richest and poorest regions: inner London and Romania. Inner London’s per capita income is a staggering 290% of the EU’s average versus Romania with a per capita income of a meager 23% of the EU average. The European Union has recognized this problem and has taken action by implementing “Cohesion” policies intended to encourage economic convergence, competiveness and financial unity....   [tags: Economics]
:: 7 Works Cited
1169 words
(3.3 pages)
Strong Essays [preview]
Economics of Market Failure - Market failure has become an increasingly important topic for students. In simple terms, market failure occurs when markets do not bring about economic efficiency. There is a clear economic case for government intervention in markets where some form of market failure is taking place. Government can justify this by saying that intervention is in the public interest. Government intervention occurs when markets are not working optimally i.e. there is a Pareto sub-optimal allocation of resources in a market/industry....   [tags: Government Intervention] 563 words
(1.6 pages)
Strong Essays [preview]
Economics of College - As we grow up, everyone asks us what we want to be when we grow up. Once we get a little older, they ask where we want to go to college. They ask every question imaginable, except how we are going handle the financial responsibility. The decision to attend college quite often results in major student debt. This debt often influences a person’s decisions on where to attend college or if they are able to attend college. With attending college there ensues a large financial burden, but it is difficult to find a job without a degree....   [tags: Finances, College Tuition, Americans, Education]
:: 5 Works Cited
1041 words
(3 pages)
Strong Essays [preview]
Oil and its Economics - Supply of Oil “Since 1974 oil-exporting nations have substantially increased their imports in order to finance development plans and to pay for highly technical military training, equipment, and sophisticated defense systems such as the airborne warning and control system, AWACS. From 1972 to 1983, OPECs imports increased approximately sevenfold. Furthermore, exports to OPEC from OECD as a percentage of the latter's total exports increased from 4.1 percent in l972-73 to 8.8 percent in 1975-82, then to 8.4 percent in 1983; and it dropped to 7.1 percent in 1984.” (http://www.georgetown.edu/users/johnsonj/oweiss/petrod/increase.htm) “Dynamic forces of oil supply and demand led to all excess...   [tags: Economy Petrol]
:: 5 Works Cited
1828 words
(5.2 pages)
Strong Essays [preview]
Is Free Trade Passé? - Introduction In analyzing free trade versus other systems that promote trade in dissimilar ways, one must take into account a 360 degree view of all supporting and derogatory factors of each style. There is no such thing as perfect competition or constant returns; these are both factors that can never truly be in place because of the nature of an economy. The fact is that “economists do not have reliable models” (Krugman, 1987, p139) to truly reflect economic behavior. But for the sake of building theory, assumptions like these must be made to prove points and provide new ideas on age old questions....   [tags: Economics]
:: 3 Works Cited
1831 words
(5.2 pages)
Term Papers [preview]
Explain the main factors that influence the rate of economic growth - Explain the main factors that influence the rate of economic growth Economic growth will be different in M.E.D.Cs than it will be in L.E.D.Cs. The reason for this is that M.E.D.Cs are already developed and vast improvement may not be possible but in L.E.D.Cs they have a long way to catch up so it is easier for them to expand vastly. Economies like China and India have potential for vast economic growth because of a huge population. If these countries got their act together then they would be the world leaders....   [tags: Economics] 519 words
(1.5 pages)
Good Essays [preview]
Examine the factors which explain the differences between economic - Examine the factors which explain the differences between economic growth rates in countries. Economic growth is the long term increase in productive capacity as shown by an outward shift on a PPF curve. The PPF shows the maximum potential output of the economy. Productive capacity is an economies ability to produce goods and services, so if an economy grows, it can produce more goods and services for the population of the economy to use. Differences in Economic growth in countries result due to many factors, such as land and its resources....   [tags: Economics] 943 words
(2.7 pages)
Better Essays [preview]
Why Might Economic Growth Not Always Be A Good Thing? - Why Might Economic Growth Not Always Be A Good Thing. When a country undertakes the challenge of economic growth, it does it for a number of reasons, but possibly the most important of these is to satisfy its population. At the end of the Second World War, South Korea wanted to grow economically in order to escape their predominantly farming lifestyles and to experience all of the benefits of consumerism. But instead what South Koreaand many other developing economies find themselves left with is far from their idealistic dreams....   [tags: Economics] 739 words
(2.1 pages)
Strong Essays [preview]
The Impact of China's Modern Foreign Policies on Economic Growth - The Impact of China's Modern Foreign Policies on Economic Growth Recent Chinese economic policies have shot the country into the world economy at full speed. As testimony of this, China's gross domestic product has risen to seventh in the world, and its economy is growing at over nine percent per year (econ-gen 1). Starting in 1979, the Chinese have implemented numerous economic and political tactics to open the Chinese marketplace to the rest of the world. Just a few areas China's government is addressing are agricultural technology, the medical market, and infrastructures, like telecommunications, transportation and the construction industry....   [tags: Economics]
:: 4 Works Cited
1224 words
(3.5 pages)
Strong Essays [preview]
Kaplan, Lynn White, and Plato on Economic Modernization - Economic modernization is not a remedy for all ills or difficulties. According to Kaplan, this type of advancement, although it encourages individual and group ambitions and progress, weakens "traditional loyalties to the state" (Kaplan, 5). In other words, economic progress is a beast with two faces; progressive and destructive. Modernization influences prosperity within the economic markets, which in turn, encourages individuals as well as groups to seize opportunities, contribute and profit from the expanding market....   [tags: Economics] 1225 words
(3.5 pages)
Good Essays [preview]
To What Extent is Inflation a serious Economic Problem - To What Extent is Inflation a serious Economic Problem ====================================================== Before considering whether Inflation has serious Economic Problems, we have to get to grasp what it exactly is. Inflation is defined as a sustained general rise in prices in the Economy. Obviously the government can't measure every single price change for every single good in the economy, so therefore they take a basket of goods and by using a price index measure a change in it. The basket of good has a representative range of goods and services and it needs to be recorded at a regular basis, to measure how inflation is changing....   [tags: Economics] 1667 words
(4.8 pages)
Strong Essays [preview]
Assess the work of Hjalmar Schacht in restoring Germany's economic - Assess the work of Hjalmar Schacht in restoring Germany's economic situation. Germany at the beginning of 1933 had a high unemployment rate, which meant poverty was widespread. Those in work found that their wages declining which had consequences for those who produced consumer goods. International trade, industrial production and national income had all dropped. Schacht had been chosen by Hitler to solve Germany's economic problems due to a couple of reasons. The most important one was the fact he was the man who had solved hyperinflation in 1923 and had brought Germany's economy back on track then; the other reason was because Schacht was strongly right wing....   [tags: Economics] 1016 words
(2.9 pages)
Strong Essays [preview]
Discuss economic arguments for and against imposing substantially - Discuss economic arguments for and against imposing substantially higher taxes on sale of alcohol. Governments interfere in markets and their working with the primary purpose of provision of welfare to people and preventing market failure. There are many methods of intervention such as - taxes and subsidies - buffer stocks - applying maximum and minimum prices - provision of public goods and services - provision of education and training - legislation and market reforms Applying taxes has two purposes: to generate revenue for the government and to discourage consumption and output of certain goods, usually demerit goods....   [tags: Economics] 822 words
(2.3 pages)
Strong Essays [preview]
Solving The Foreclosure Crisis - Fixing the foreclosure crisis seems to be a very complex matter. Yet, if problem solvers simply look back at the basic fundamentals of economics, they will see both what caused the foreclosure crisis and the steps that must be taken to fix it. The so called “housing bubble” began to form in the approximate mid to late 1990s or perhaps even earlier and culminated to burst in 2008, when banks and creditors provided mortgage loans to customers who were not fully qualified. That is to say, customers’ predicted income ultimately did not keep up with their spending habits....   [tags: Economics] 1767 words
(5 pages)
Powerful Essays [preview]
The Inevitability of Capitalism - The exact origin of capitalism is unknown and to precisely trace its inception is, as Joyce Appleby says, a conundrum in itself. However, speculation negating the inevitability of capitalism is an even greater feat and rather fruitless. Appleby’s research and evidence thus far, support a great part of her assumptions retracing the colorful history of capitalism, though her case against its inevitability falls short. The question at hand is whether she provides a compelling case, the answer is yes....   [tags: Economics ]
:: 1 Works Cited
1365 words
(3.9 pages)
Powerful Essays [preview]
France Causes Financial Fret - France Causes Financial Fret In the western world the terms president, and prime minister means, for lack of a better term, the head of a country, the difference is that between Canada and the United States they have one or the other. Back in the Eastern world of Western Europe, France was the first major European country to adopt a semi-presidential system giving them both a prime minister and a president to oversee it all (Allen et al. 109). This is accomplished by giving the president the power of political figure head for the country and allowing the Prime Minister and the government to “…determine and direct the policy of the nation it shall have at its disposal the administration and t...   [tags: Economics]
:: 6 Works Cited
2067 words
(5.9 pages)
Term Papers [preview]
Government and Market Failure - In micro-economics market failure is characterized by resource misallocation and subsequent Pareto inefficiency. Just as the invisible hand falters, so is the case that the unregulated markets are incapable of solving all economic problems. In laissez-faire economy, market models mainly monopolistic, perfect competition and oligopoly are expected to efficiently allocate resources for the “welfare benefit” of the society. However individualistic and selfish private interests divert the public benefits thereby prompting government intervention to correct the imperfection which may lead to disastrous economic impact....   [tags: Economics ]
:: 4 Works Cited
1703 words
(4.9 pages)
Strong Essays [preview]
Crops of the Future - The Crops of the Future In the world of economics, citizens of America are crops of productivity to be harvested. Some grow into attractive stacks of bills, while others dwindle down into piles of dirt-covered pennies. Like any crop, nutrients are needed for growth. The most important nutrient is education. The more information we invest in a person, the more productive he or she will eventually become. That is why high school and college are extremely important in the lives of Americans. With our unemployment rate as high as 8.9 percent, there must be a change....   [tags: Economics]
:: 5 Works Cited
956 words
(2.7 pages)
Better Essays [preview]
Solving The Foreclosure Crisis - When thinking of a solution to the foreclosure crisis our country now faces, we have to analyze how this all started. People cannot afford their mortgages, and since their house is worth less than they are paying for it, now that the housing market has plummeted, why not just let the bank take their house rather than paying. The smart economic decision their by the homeowner would be to let the bank foreclose on their house and look to buy another for much cheaper. That is the problem. Due to the severe decline in housing prices, people who bought their house about five years ago are paying more than the house is worth....   [tags: Economics] 990 words
(2.8 pages)
Better Essays [preview]
Cuban Economics - Introduction Modern Cuba is a country born of struggle. The revolutionary movement that formed the modern day government has remained in power for more than forty years. Indeed, the Cuban government is perhaps one of the most stable governments in the region. This fact is made even more evident by the recent fall of democracy in Haiti. However, the past ten years has seen a marked change in Cuban economic policy. Ostracized from the international community and faced with an embargo imposed by the United States, Cuba has turned to various sources of economic reform in order to survive in a global market....   [tags: Essays Papers]
:: 26 Works Cited
4540 words
(13 pages)
Term Papers [preview]
Applying the economic theories in the Market’s Reader to the New Economy - Applying the economic theories in the Market’s Reader to the New Economy In this part of the question, I will describe the old and new Economy, after that I will point out the main characters of New Economy and what is different between NEW and Old Economy. later than, I will discuss the demand of knowledge, ideas, innovation, and individual creative destruction, change in market and competitive as the main resource needed to make economic prosperity. I will discuss Innovation reduce costs and improve product quality and how advances technology achieve the cost reduction and reserve the economic scale in good level....   [tags: Economics] 6039 words
(17.3 pages)
Strong Essays [preview]
Comparison of Economies: United Kingdom vs. United States - Comparison of Economies: United Kingdom vs. United States The United States of America (USA) and the United Kingdom (UK) are similar in many different ways, but their economies are much different. The difference in population contributes to several of the differences between the economies. Vast differences in the percentages of the Gross Domestic Product (GDP) that agriculture, industry and services make up are another way in which the economies differ. Last, the share of trade in each economy is extremely different....   [tags: Economics Compare Contrast] 492 words
(1.4 pages)
Good Essays [preview]
Subprime Lending Only Partially Cause of American Economic Crisis - Is Subprime Lending to Blame For America's Economic Mess. Beginning in late 2006, Americans began to hear news of a weakening real estate market and the expected collapse of the sub-prime lending market. More currently the news is reporting that the American economy in general is in trouble and we are headed for a recession. Most of the reports on the American economy go back to the sub-prime lending market and the increase in sub-prime delinquencies and foreclosures as the reason for the decline in our economy....   [tags: Economics] 1697 words
(4.8 pages)
Powerful Essays [preview]
The Evolving Roles of Women in the Economies of Greece and Italy - The Evolving Roles of Women in the Economies of Greece and Italy The role of women in Greek and Italian culture has come a long way since the ancient days. In patriarchal societies, women were restricted to household chores, and were allowed little to no involvement in politics or economic matters. Since these times, major cultural shifts in each of the countries have helped lead the nations to a more western perception of sex roles in their cultures. In the following paragraphs, we will see how historical events have shaped the roles of women in Greek and Italian culture into their present form....   [tags: Women Economy Economics Greece Italy Papers]
:: 6 Works Cited
1997 words
(5.7 pages)
Powerful Essays [preview]
Tax the Rich - The United States debt and defecit is a major problem in our society. One thing I would propose to the President would be to tax the rich. Time. It's useful to keep in mind how the rich are different. When you are poor, you are willing to trade your time to earn money. When you are rich, you trade your money to get more time. For example, the rich hire people to clean their homes, and they don't waste time shopping for bargains. In business school I learned that when people have different preferences, you can usually find a way to engineer a deal....   [tags: Economics ]
:: 3 Works Cited
982 words
(2.8 pages)
Good Essays [preview]
International Monetary Policies - Economics is defined as the branch of knowledge concerned with the production, consumption, and transfer of wealth. The fundamental principles of economics is clearly laid out, one can argue that the theories discussed in its study are universally accepted as truth. Yet, isn’t it interesting that given this information, the entire world continually fails to implement efficient and effective policies to control their economies in a sustainable matter. This analysis will evaluate the history of international monetary policies, beginning with the international gold standard, which emerged in 1871, followed by its predecessor, the Bretton Woods system, and conclusively the fiat currency system a...   [tags: Economics ]
:: 6 Works Cited
2251 words
(6.4 pages)
Term Papers [preview]
Bernanke on Bernanke - In a recent article in Bloomberg, reporter Jeannine Aversa gives some history and advice for Ben Bernanke, Fed Chief from Ben Bernanke the scholar. Ben's advice in a nutshell. "Be bold." Ben Bernanke began his 4 year appointment as Fed Chairman and 14 year term on the Federal Reserve Bank's Board of Governors February 1, 2006 by President George H.W. Bush. He was appointed to a second term as the Chairman on February 1, 2010 by President Barack Obama. Dr. Bernanke received his B.A. in economics from Harvard in 1975 and a Ph.D....   [tags: Economics]
:: 4 Works Cited
1413 words
(4 pages)
Powerful Essays [preview]
The Foreclosure Crisis - In an ideal economic model, individuals are portrayed as omniscient, rational beings. Optimal choices are calculated in an instant. Market trades are made without hesitation. However, any good-sensed economist knows that such is not the case in the real world. Individuals make irrational decisions all of the time. People buy things that they do not need and cannot afford. They make unprofitable investments. They take up time in making their financial decisions. In other words, participants in the real world economy are only human....   [tags: Economics] 1133 words
(3.2 pages)
Strong Essays [preview]
The Rural Bank - Grameen Bank is fighting poverty in Bangladesh one small loan at a time. The Micro Credit system was developed by Mohammad Yunus who is the founder of Grameen Bank. In Bengali, which is the official language of Bangladesh, Grameen means rural. That is exactly what Grameen Bank is, a rural bank for the poor. Grameen gives small loans that average about eighty-six dollars to villagers in Bangladesh who want to create a new business or build on an existing one. Grameen mostly focuses on women in these small villages because of the cultural limitations that are put on women in Bangladesh....   [tags: Economics]
:: 7 Works Cited
802 words
(2.3 pages)
Better Essays [preview]
Free Market Economy - A free market is a type of market that the government is not involved in. Since the government does not care about what happens, the free market is also called “hands-off” or “let it be economics”. The government is limited to protect the citizens from the danger and that is the major goal for the government. In the free market economy, there are three components of the free market economy: competition, active but limited government, and the self-interest. Competition is one of the main components of the free market economy....   [tags: Economics] 465 words
(1.3 pages)
Good Essays [preview]
Economics as a Dismal Science in Occasional Discourse of the Negro Question by Thomas Carlyle - Economics as a Dismal Science in Occasional Discourse of the Negro Question by Thomas Carlyle In 1849 Carlyle published an article Occasional Discourse of the Negro Question. It was a precursor to Latter Day Pamphlets, which analyzed political questions. The Nigger Question concerned the condition of ex-slaves on the West Indian sugar plantations and suggested that they should be made to work harder. Carlyle thought that excess demand for food in Britain of those days could be contended, if black people of these rich lands worked more....   [tags: Papers] 370 words
(1.1 pages)
Strong Essays [preview]
Empiricism and Capitalism - Empiricism is the theory that knowledge evolves from sense experience and internal mental interaction, such as emotions and self reflection. An empiricist obtains their facts based on close observation and experiment, which is ultimately a use of an inductive thought process. For empiricists, facts precede theories. Most empiricists are impartial, as well as objective observers of facts. A main belief in empiricism is that no one person could obtain knowledge of the world unless they were to experience and reason....   [tags: Economics] 1095 words
(3.1 pages)
Strong Essays [preview]
Religion and Economics in Robinson Crusoe and Protestant Ethic and the Spirit of Capitalism - Religion and Economics in Daniel Defoe's Robinson Crusoe and Max Weber's Protestant Ethic and the Spirit of Capitalism            One of the most recognized and influential theories in sociology appears in Max Weber's The Protestant Ethic and the Spirit of Capitalism, which links the development of capitalism to social and cultural factors, primarily religion, instead of economic factors alone. In his theory Weber concludes that the Protestant Ethic greatly influenced the development of capitalism in the seventeenth and eighteenth centuries....   [tags: Defoe Robinson Crusoe Essays]
:: 9 Works Cited
2790 words
(8 pages)
Powerful Essays [preview]
The Contributions of Adam Smith and John M Keynes to the Study of Economics - Adam Smith was the founder of economics, as we know it today. His thoughts have shaped modern ideas about the market economy and the role of the state in relation to it. Smith laid the intellectual framework that explained the free market (which still holds true today) and laissez-faire. Both are connected with the underlying theme of economic growth. Smith's analysis is not confined to showing the interrelation between the different elements of a continually maintained system. It also explains how the system can generate the continual accumulation of wealth....   [tags: Adam Smith, John M Keynes] 1493 words
(4.3 pages)
Strong Essays [preview]
Sam Vaknin's Psychology, Philosophy, Economics and Foreign Affairs Web Sites - <a href="http://www.geocities.com/vaksam/">Sam Vaknin's Psychology, Philosophy, Economics and Foreign Affairs Web Sites It is impossible to rigorously prove or substantiate the existence of a Soul, a psyche. Numerous explanations have been hitherto offered: That what we, humans, call a soul is the way that we experience the workings of our brain (introspection experienced). This often leads to infinite regressions. That the soul is an epiphenomenon, the software result of a hardware complexity (much the same way as temperature, volume and pressure are the epiphenomena of a large number of gas molecules)....   [tags: essays research papers] 5676 words
(16.2 pages)
Strong Essays [preview]
The Economics of Despair - Since the late 1970s, social science researchers, the media, private foundations, and policymakers have directed considerable attention to the labor market problems of young adults and their families. Most of this attention has focused on high school dropouts, the poor, minorities, and inner-city youth. But an equally troubling—and broader—problem has received comparatively less notice: the steep and sustained decline since 1973 in the real (inflation-adjusted) earnings of young men and women generally....   [tags: essays research papers] 802 words
(2.3 pages)
Strong Essays [preview]
Managerial Economics - Management are responsible for making decisions within firms and these decisions often involve risk and uncertainty. Models have been developed, all of which are based upon the objective of firms, to help identify the decision which must be made in order to achieve the desired outcome (Moschandreas, 2000). The neoclassical model states the firm’s main objective is profit maximisation. However, economists believe it is unrealistic to assume firm’s aim for maximum profits in this modern economy for reasons discussed later....   [tags: revenue, utility, Baumol, Williamson, Marris]
:: 8 Works Cited
2033 words
(5.8 pages)
Term Papers [preview]
Economics 101 - a. Explain why the introduction of a minimum price above the equilibrium price reduces social welfare. “A minimum price occurs when a price is set by the government and firms cannot charge less than this” (Gillespie, 2011) in order for the minimum price to be effective it must be above the equilibrium price - this occurs when supply and demand are balanced whilst disregarding all external factors. (Figure 1) (Gillespie, 2011) The formation of equilibrium comes when the goods demanded are equivalent to the goods provided (DS); this allows the government to set a price floor (P1); this benefits society as in order for the market to be efficient minimum price must be above the; as when the...   [tags: Economy, Price]
:: 4 Works Cited
1109 words
(3.2 pages)
Strong Essays [preview]
Economic Growth - Economic Growth Economic growth refers to the rate of increase in the total production of goods and services within an economy. Economic growth increases the productivity capacity of an economy, thereby allowing more wants to be satisfied. A growing economy increases employment opportunities, stimulates business enterprise and innovation. A sustained economic growth is fundamental to any nation wishing to raise its standard of living and provide a greater well being for all. Gross domestic product (GDP) is the monetary value of all final goods and services produced over a year....   [tags: Economics] 683 words
(2 pages)
Better Essays [preview]
Economic Condition - Economic Condition Economy from anywhere it could be from the United States or even from the UK it self. Can have a huge impact on the firm. The main economical influences on a firm are:- 1) Inflation 2) Exchange rates 3) Unemployment 4) Interest rates 1) inflation In some things the price of them could go up. It's because prices in things when time past generally goes up. For example a time piece costing £1000 today mite go up to £1050 in about a years time, But that is if they area no scratches and it's in a perfect condition....   [tags: Economics] 776 words
(2.2 pages)
Strong Essays [preview]
The Ecnomics of Medicare - The Economics Of Medicare II. Introduction Clearly, the Medicaid program is ripe for a major overhaul, a task that the federal government has thus far been unwilling to undertake. I chose this topic because I believe that the Medicaid program can be rescued and revitalized by leadership; otherwise, it is likely to be eroded. Medicaid is a government-sponsored program whose objective is to provide patients with health assistance upon meeting specific criteria. Medicaid is an insurance program that is available for disadvantaged persons, including the elderly, who cannot afford health benefits because of low incomes or other factors....   [tags: Management] 2785 words
(8 pages)
Powerful Essays [preview]
Current Economic Analysis - Current Economic Analysis Economics Define unemployment. Provide an example of the three types of unemployment. Which type of unemployment is most problematic and why. What type of unemployment problem(s) does the U.S. currently have and why. What is a possible solution to the unemployment problem(s). Unemployment is the failure of a person to find jobs. (Schiller, 2006) This means that an unemployed person is one that is capable of working and is actively seeking for a job but is unable to find employment, which means that, this person is an active member of the labor force in search for job opportunities but unable to find one....   [tags: Economics Economy] 1989 words
(5.7 pages)
Powerful Essays [preview]
The Economic Theories of Milton Friedman - The Economic Theories of Milton Friedman Milton Friedman, like so many great life stories, was the product of a very tough childhood. He was son to a couple of poor immigrants, born on 31 July 1912, in New York, America. At the age of fifteen, Friedman's father died. Despite this, he won a scholarship to both Rutgers University and the University of Chicago, where he achieved a Bachelor of the Arts degree in economics. The very next year he received an MA at Chicago University. He then worked for the National Bureau of Economic Research (from 1937) while teaching at many universities, but it was only at Chicago in 1946 that he was given the title of 'professor of economics'....   [tags: Economics Monetarist private ownership] 782 words
(2.2 pages)
Better Essays [preview]
If there is a long drawn-out war with Iraq (or any other - If there is a long drawn-out war with Iraq (or any other country), what implications might this have for Britain's fiscal deficit. Also trace out the possible effects, if any, on: a) Monetary Policy, b) Inflation and c) Unemployment. The economic policy followed by a country engaged in war is ,certainly, different of that followed by a country when in peace. Britain now finds itself a few steps away from war with Iraq and the questions concerning the implications of this ,unnecessary for many, war are not little....   [tags: Economics] 911 words
(2.6 pages)
Strong Essays [preview]
Between 1995 and 1997 the effective exchange rate of the pound sterling - Between 1995 and 1997 the effective exchange rate of the pound sterling appreciated by 20%. What factors might explain this increase in the value of the pound. 5. Between 1995 and 1997 the effective exchange rate of the pound sterling appreciated by 20%. (a) What factors might explain this increase in the value of the pound. There are several reasons that contribute to the appreciation of the pound. INTEREST RATES Interest rates have a large effect in a world where financial capital can move freely between countries....   [tags: Economics] 1187 words
(3.4 pages)
Strong Essays [preview]
How is National Income derived? What is the GDP? What information does - How is National Income derived. What is the GDP. What information does it give us about a nation. What is per capita income. If you wanted to know about the economy of a country, which would you consider more important, and why. (25 points) National Income is derived through the overall income earned by a country’s people, including labor and capital investment. Gross domestic product is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products....   [tags: Economics] 566 words
(1.6 pages)
Good Essays [preview]
History in the Staples Approach - Missing Works Cited History in the Staples Approach One of Canada's contributions to the history of ideas has been a kind of historical economics. Now a neglected artifact within the history of economic thought, as economics has moved on to non-historical, modeling approaches to understanding, the staples approach can serve to show how economics can be enriched by a historical dimension. What is the staples approach and what makes it especially suitable to an investigation of how history informs economic understanding....   [tags: Economics] 1287 words
(3.7 pages)
Good Essays [preview]
Perfect Competition - Real Estates - To what extent do real estate agencies in Brisbane match the characteristics of a perfectly competitive industry. For real estate agencies to meet the criteria for a perfectly competitive industry there are three criteria that they have to meet; Many sellers with small firms Homogenous product Easy entry and exit into the particular industry A basic chart showing the distinct qualities of a perfectly competitive industry, one in which any price above the current market price will not be filled, causing producers to become price takers, where they cannot determine the price, only the quantity supplied....   [tags: Economics] 1278 words
(3.7 pages)
Strong Essays [preview]
How Do Markets Work ? - How Do Markets Work . Explain what is implied by the assumption that decision-makers are rational. To what extent is it sensible to think of decisions about marriage and divorce as rational decisions . Economic theory has a tough job. It is essentially trying to distil the complexities of thousands of thought processes, all types of transactions and other various decisions we make every day that are all effected by innumerable variables, into easy to understand, bite sized pieces of individual theory....   [tags: Economics] 1618 words
(4.6 pages)
Strong Essays [preview]
Asian Values: Do they exist? - Asian Values: Do they exist. On the face of it, the existence of ‘Asian Values’ seems illusory. After the humiliation of the 1998 Asian Financial Crisis, the sounding of the death knell for the Asian-values debate seemed imminent. Yet with the recent ascension of China as an economic superpower and similar economic miracles in the East, some began to speculate about ‘Asian Values’ and its inherent superiority in the political, economic and social structures in countries. ‘Asian values’ can be termed as a set of values shared by people of many different nationalities and ethnicities living in East and Southeast Asia....   [tags: Economics] 495 words
(1.4 pages)
Good Essays [preview]
Aggregate Demand and Aggregate Supply - Topic 12: Aggregate Demand and Aggregate Supply ----------------------------------------------- 1. Introduction 2. Three Key Facts about Economic Fluctuations 2.1 Fact 1: Economics Fluctuations are Irregular and Unpredictable 2.2 Fact 2: Most Macroeconomic Quantities Fluctuate Together 2.3 Fact 3: As Output Falls, Unemployment Rises 3. Explaining Short-Run Economic Fluctuations 3.1 How the Short Run Differs from the Long Run 3.2 The Basic Model of Economic Fluctuations 4. The Aggregate Demand Curve 4.1 Why the Aggregate Demand Curve Slopes Downwards 4.2 Why the Aggregate Demand Curve May Shift 5....   [tags: Economics] 1609 words
(4.6 pages)
Strong Essays [preview]
The Economic Systems - The Economic Systems Within the overall umbrella of the word "economy", one speaks today of the market economy, the formal economy, the informal economy, the underground economy, the productive economy and perhaps even the reproductive economy, the post-industrial or post-modern economy and the global economy. Thus while the concept of an economy is not fixed but arbitrary, and may have strayed rather far from the management of household resources, it is nonetheless spoken of in official circles as if there were genuine agreement (sometimes almost as if it were tangible, as "we must get the economy back on track")....   [tags: Economics Economy Essays]
:: 7 Works Cited
2509 words
(7.2 pages)
Term Papers [preview]
Commodity History - There are many definitions of a commodity, some more elaborate than others. Examples are: (i) A product which trades on a commodity exchange; this would also include foreign currencies and financial instruments and indexes. (ii) A physical substance, which is interchangeable with another product of the same type, which investors buy or sell, usually through futures contracts. The price of the commodity is subject to supply and demand. Risk is actually the reason exchange trading of the basic agricultural products began....   [tags: Economics]
:: 6 Works Cited
2094 words
(6 pages)
Term Papers [preview]
Macroeconomics Coursework - It is the role of every government to safeguard its people in all matters including controlling the economy. Every economy faces different challenges including the business cycles that may emanate from the global market. In this paper we try to examine measures taken by the UK’s coalition government in trying to ensure that the economy benefits every citizen and reduces the overall burden to it. We consider the recent comprehensive review on spending. Many countries in the world have been suffering a recession in their economies and UK has not been an exception....   [tags: Economics]
:: 8 Works Cited
2033 words
(5.8 pages)
Strong Essays [preview]
Battling Inflation - As prices begin to rise in various sectors of the economy, some businesses are continuing to tread lightly. Keeping costs down has assisted the US economy in balancing the control of inflation better than other countries emerging from the global recession, such as China and Europe. But with the US economy still recovering and inflation rates in other nations rising the concern of slipping back into another recession has become a very real issue. Factors such as supply and demand, price elasticity and inflation are all contributing factors to the outcome....   [tags: Economics ]
:: 9 Works Cited
1608 words
(4.6 pages)
Powerful Essays [preview]
Communist Economy - Communism is considered to be a further step beyond Marxism. It is considered to be a society which is classless. The wealth is redistributed so that the control of the wealth does not lie only in the hands of the rich people. The privately owned businesses are converted into state property which then functions for the benefit of all the people of the state rather than an elite group of people. As the name implies, it is a form of government for the entire community. Communism upholds the idea that the basic needs of society should be provided to all, irrespective of any class differences....   [tags: Economics]
:: 3 Works Cited
1052 words
(3 pages)
Strong Essays [preview]
Free Trade - Free trade can be defined as the free access of the market by individuals without any restriction or any trade barriers that can obstruct the trade process such as taxes, tariffs and import quotas. Free trade in its own way unites and brings people together. Most individuals love the concept of free trade because it gives them the ability to move freely and interact in the market. The whole idea of free trade is that it lowers the price for goods and services by promoting competition. Domestic producers will no longer be able to rely on government law and other forms of assistance, including quotas which essentially force citizens to buy from them....   [tags: Economics]
:: 6 Works Cited
1642 words
(4.7 pages)
Powerful Essays [preview]
Adjustment Lending - In order to improve economic growth, most of the developing and less developed countries asked for aid and borrowed a huge amout of money from international organizations e.g. International Monetary Fund (IMF), World Bank (WB), developed countries, and other donors. However, they still did not elevate their economy. Easterly (2002), a former economist at The World Bank and a professor of economics at New York University claims that aid and lending is not effective to promote economic growth in developing countries....   [tags: Economics]
:: 4 Works Cited
914 words
(2.6 pages)
Better Essays [preview]
Managerial Economic - Introduction (graphics not included) What is the major objective of an organisation. The concept of profit maximisation has survived for many as the major objective for an organisation for a long period. Is this still true in modern business today. Most large firms are being run and operated by management instead of the owners, how they manage the firm. Still maximising the profit, maximising sales turnover or something else. In this essay, I will briefly outline the key points underpinning the economics of a profit maximising firm and evaluate the management model of Baumol (1959) on sales revenue maximisation to examine the modern management’s behaviour....   [tags: Business Economics] 1628 words
(4.7 pages)
Strong Essays [preview]
Economic Indicators - Economic Indicators Economic indicators are various layers of statistics that provide insight and information into how an economy is functioning. An economist might use economic indicators to paint a picture of current economic performance, or make future economic predictions. As a team, we will profile six economic indicators: Consumer Price Index, Capacity Utilization, Unemployment Rate, Producer Price Index, Interest Rate, and Inflation Rate. Historic charts for each indicator are included in our Power Point Presentation....   [tags: Economics Economy] 1788 words
(5.1 pages)
Powerful Essays [preview]
Supply Side Keynesianism - Supply Side Keynesianism A President is measured by how well the economy did during his term in office. More specifically is whether unemployment went up or down, and did they help the economy to fight inflation. Two basic modes of thought on the subject have pervaded public policy since World War II: demand-side and supply-side economics. Demand-side economics is generally known as Keynesianism, named after the English economist John Maynard Keynes. He believed that governments should force interest rates down by printing money and lending it from the central bank at a discount....   [tags: Economics]
:: 1 Works Cited
660 words
(1.9 pages)
Good Essays [preview]
International Capital Mobility - International Capital Mobility International Capital mobility- the free flow of investment financing from one country to another is a hot topic in the world of economics. A common question that rises when discussing this matter is, does capital mobility benefit developing countries. As with most other subjects the answers tend to vary. In this paper I will shine light on the point of view of two respectable economists concerning the positive and negative affects associated with capital mobility....   [tags: Economics]
:: 4 Works Cited
1752 words
(5 pages)
Powerful Essays [preview]
Keynes Macroeconomic Theory - How did Keynes's idea of the reasons for the macro-economic instability challenge the prevailing economic orthodoxy. After 100 years of the industrialization era modern economics began to see a change and shift of ideas. These ideas were brought to the front by John Maynard Keynes, who in 1936 transformed much of the modern economics by a single book The General Theory of Employment, Interest and Money. Keynes also wrote other titles as well as ‘A Tract on Monetary Reform (1923)' which was an attempt to secure a monetary policy instead of the gold standard....   [tags: Economics] 1166 words
(3.3 pages)
Good Essays [preview]
Supply And Demand - Laws of Supply and Demand The market price of a good is determined by both the supply and demand for it. In the world today supply and demand is perhaps one of the most fundamental principles that exists for economics and the backbone of a market economy. Supply is represented by how much the market can offer. The quantity supplied refers to the amount of a certain good that producers are willing to supply for a certain demand price. What determines this interconnection is how much of a good or service is supplied to the market or otherwise known as the supply relationship or supply schedule which is graphically represented by the supply curve....   [tags: Economics] 1824 words
(5.2 pages)
Powerful Essays [preview]
Bariers To Exit - Barriers to exit What is the process of exit from an industry. Is it efficient or inefficient. Classics on investment behaviour, such as Salter (1966) and Nickell (1978) and introductory economics text suggest that the exit process works well and that the least efficient plants close first. There are many examinations made which proves that non-optimal exit behaviour may occur, stressing the problems arising from game playing between competitors and game playing between firms and governments. Six major exit barriers are identified from the literature review, based on Porter's classification of the barriers as economic, strategic and managerial....   [tags: Economics] 1703 words
(4.9 pages)
Strong Essays [preview]
Indian European Coexistance - It is when an economy is at equilibrium that it works best. The one single point where the supply and demand lines interject that keeps everyone happy and allows the economy to thrive and expand. This is something that any person who has taken an introduction course in economics learns on their first day. But what happens when a person or a group of people is thrown into an elaborate and foreign economic system with no prior knowledge or experience. The result is the complete and total abuse, disrespect, and eventual annihilation of that person or group....   [tags: Economics] 1245 words
(3.6 pages)
Strong Essays [preview]
Economic Growth - Economic growth is the most important study in economics today. The first book on economics was by Adam Smith The Wealth of Nations the full title was the Inquire Into The Nature And Sources Of The Wealth Of Nations. “Economic growth determines a countries future, and economic growth in the past determines a countries present as far as it’s material values are concerned.” (Buechner Recording) So every material value of the modern world is a result economic growth in the past, or your standard of living is the result of economic growth in the past....   [tags: Economy Economics Governmental Essays]
:: 6 Works Cited
7907 words
(22.6 pages)
Strong Essays [preview]
Economic Accountability - Economic Accountability Preamble The next president of the United States must work to achieve the four goals of economics: efficiency, equity, stability, and growth. Efficiency or an economy that produces the products people want at the least cost can be achieved through the continued strength of antitrust laws to retain a competitive market. Efficiency can also be achieved if national defense spending is cut in order to eliminate programs which are not vital to our sovereignty and safety. In order to achieve equity we must work to strengthen education, social security, and environmental programs....   [tags: Economics Politics Papers]
:: 10 Works Cited
3173 words
(9.1 pages)
Research Papers [preview]
Monetary Policy - Monetary Policy Paper Introduction Fiscal and monetary policies focus on quickly returning the economy to sustainable, healthy growth. Any type of fiscal relief package will boost consumer and business spending and can augment the nation's long-term growth potential. Expansionary monetary policy can stimulate growth and provide insurance against the possibility of deflation. This paper will present information on four topics: (1) tools used by the Federal Reserve to control the money supply, (2) how these tools influence the money supply and in turn affect macroeconomic factors....   [tags: Economics] 1644 words
(4.7 pages)
Powerful Essays [preview]
Executive Summary - Executive Summary This report will look for alternative ways in which the London Underground can change their prices in order to reduce their loss in terms of total revenue. The report will both identify and analyse these alternative methods in an attempt to find the most suitable way of increasing the revenue for the London Underground. The report will also look at how elasticity plays a key role in determining any decisions as well as the outcome of these decisions made. The London Underground is at this very time running at a loss and is in urgent need of things being turned around....   [tags: Economics] 988 words
(2.8 pages)
Strong Essays [preview]


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