As being one of the few survivors of the 1997 Asian financial crisis, People’s Republic of China presents an impressive economic growth receiving global attention in the last two decades. It has economically continued to have an annual growth of 9 percent for more than thirty years (Lin, 2012) and maintained an average four times … Read More»

Dave Levengood “Too Big to Fail” vs. “How an Economy Grows and Why it Crashes” The Great Recession of 2008 was not only the largest economic crash of this decade, it was the largest economic crash since the Great Depression. The Great Recession has been studied extensively since it happened, and there are finite conclusions … Read More»

The 2008 recession was one of the worst economic crises in America since the Great Depression of the 1930’s. Caused by the collapse of an 8 trillion dollar housing bubble, the recession eventually led to the closures of many large banks on Wall Street and insurance firms like AIG, and to millions of Americans losing … Read More»

CHAPTER ONE INTRODUCTION 1.1 PROBLEM STATEMENT The informal sector makes a considerable contribution to production, consumption and income generation, particularly in developing countries. For example, it contributed about 8 percent and 68 percent to the GDP of the United States and Bolivia respectively in the years 2002 – 2003 (Schneider 2005). The sector is also … Read More»

A Journey into Singapore’s Past While the earliest known historical records of Singapore are shrouded in the mists of time, a third century Chinese account describes it as “Pu-luo-chung”, or the “island at the end of a peninsula”. Later, the city was known as Temasek (“Sea Town”), when the first settlements were established from AD … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Absolute advantage theory was first presented by Adam Smith in his book “The Wealth of Nations” in 1776. Smith provided the first concept of a nation’s wealth. Adam Smith is a grandfather of economics because he introduced two important concepts that many of the new trade theories are based on these … Read More»

Background of Adam Smith Adam Smith was a Scottish moral philosopher and pioneer of political economy. Adam Smith is well known with his classic works such as The Theory of Moral Sentiments and The Wealth of Nations. Adam Smith was cited as the father of modern economics and is still the most influential economics thinkers. … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   The appropriate value of t is 2.100. Since we are concerned whether b (the slope of original regression line) is significantly different fro B (the hypothesized slope of population regression), this is a two tailed test, and the critical values are ±2.100. The standardized regression coefficient is 0.063, which is inside … Read More»

INTRODUCTION The World Trade Organization (WTO) represents one of the largest international institutes regulating foreign trade activities in general and its trading sector in particular. The big authority and popularity of the WTO in world economic community are connected, first of all, with practical benefit from participation in activities of this international organization. This benefit … Read More»

a) According to Mankiw and Taylor (2006), unemployment means that inability to obtain a job when one is willing and able to work. Even though there are several different ways to measure unemployment, this can be normally measured in two ways: the claimant count and the Labour Force Survey (LFS). Get Help With Your Essay … Read More»

PEST analysis stands for political, economic, social and technological factors which are used to analyse a macro environment ,market decline or growth, potential before setting up a firm in that particular environment . The output of the PEST gives a clear idea of environmental conditions so that firm can change its mission and vision accordingly. … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   The implementation of such a great idea was and is still thought to be impossible by many Malaysians. The skepticism of many was understandable, but, as the saying goes, “Rome was not built in one day”. The initial efforts needed to bring the Wawasan 2020 vision to life had already been … Read More»

Globalisation and price conscious consumers coupled with ample labour at a very cheap price have contributed towards apparel manufacturing moving in to less developed countries. As a result, developing countries involved in manufacturing gained the technological expertise, foreign investment, employment opportunities and economic growth whilst organisations enjoyed the benefits of cost advantage. However, with disclosure … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   The political and economic world has always been dependent on each other, not one can survive without the other and the world cannot function without both. Countries have been competing in finding the best economic and political combination that brings their countries into the power they need to lead the world. … Read More»

Thailand That have 2 main trends will be discuss. First one is the trend during years 1996 to 1999. From years 1996 to 1999, it was a period that Thailand created the Asian financial crisis and faced the recession from the crisis until the economy recovered. In 1996, Thailand was facing export stagnation because a … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Introduction In order to answer the question of whether ‘the competition is always necessarily beneficial to consumers’, it is vital to address the operation of two extreme sides of the market organisation. The extreme sides of the market organisation are Perfect competition and Monopoly. Once we accustom ourselves with the working … Read More»

The function of any economic system is to produce a set of solutions to the basic economic problem that human needs are unlimited, while the resources required to satisfy them are finite. All economies have to decide what to produce, how to produce and, finally, how to allocate the goods and services once they have … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Foreign direct investment is mainly carried out by multinational enterprises whose economic entities are cross-bordered and presented in two or more countries. This investment often requires a firm from one country account for 10% share at least in the equity capital of another firm in different country. Because of its important … Read More»

As we know that, a country political instability or stability is an important issue to foreign invest. India has been instable politically in the past but it is a slight politically stable in these years. Therefore, our company is investing to the India capital market. There two important political factors that our company need pay … Read More»

In law and economics, the Coase Theorem, attributed to Nobel Prize laureate Ronald Coase, describes the economic efficiency of an economic allocation or outcome in the presence of externalities. The theorem states that if trade in an externality is possible and there are no transaction-costs, bargaining will lead to an efficient outcome regardless of the … Read More»

Jump to: PEST Analysis of PETRONAS | Impact of Globalisation on PETRONAS | Recommendations for PETRONAS The company of my choice is PETRONAS, the petroleum Multinational Corporation based in Malaysia. The paper will outline the background of the company followed by identification of the actual and potential impacts of globalisation on the company. Recommendation of strategies which the company might … Read More»

ADAM SMITH Origin Adam Smith who is commonly known as “father of capitalism” was born in the seaport and manufacturing town of Kirkcaldy, Scotland in 1723. He was the son of Adam Smith and Margaret Douglas (Mastin, 2008). His father was a writer to the Signet as well as the comptroller of the customs whereas … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Adam Smith’s chief contribution was to build a coherent and logical theory of how the economy works. The elements of Smith’s theory were mostly already available in the writings of earlier writers. However, in these writings good ideas coexisted alongside numerous other useless theories. Somebody had to figure out which theories … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Abstract: The purpose of essay wants to explain Adam Smith’s theories of economic growth contributing to the current economic development through investment and capital accumulation. Moreover, this will also shows the role of agriculture in the industry sector and the division of labor in the agricultural sector to the industry sector … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   In the first sentence of “Wealth of Nations, Smith explained his conception of the nature of the wealth of nations. In so doing, he separated his views from those of the mercantilists and physiocrats. The annual labour of every nation is the fund which originally supplies it with all the necessaries … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   After defining Adaptive Expectations and Rational Expectations, explain how the conclusions on the impact of macroeconomic stabilisation policies (and, in particular, disinflation policies) differ depending on whether the agents’ expectations are adaptive or rational. Present arguments in favour or against these two theories. Get Help With Your Essay If you need assistance with … Read More»

An Essay on the Relationship between Andrew Lo’s Adaptive Market Hypothesis and Behavioural Finance 1.0 Introduction When in 1936, Keynes compared financial markets to a beauty contest where competitors had to guess who the most popular choice would be, he did not imagined that economists would become fascinated with the contest for explaining the efficiency or … Read More»

Disinvestment, or divestment, refers to the act of a business or government selling or liquidating an asset or subsidiary or the process of dilution of a government’s stake in a PSU (Public Sector Undertaking). The Indian Ministry of Disinvestment in April 2001 published a manual entitled “Disinvestment Policy and Procedures”. In the introduction to the … Read More»

Monopoly is an industry that has only one firm that sells a good which has no close substitutes. Monopoly firms also represent industries because there are no other firms in the market. Products that are from monopoly market are electricity, water, cable television, local telephone services and many more. Examples of monopoly firm in Malaysia … Read More»

A shift in the demand curve to the left or right represents a change in consumer preferences. A shift to the right indicates that an item has become more commercially desirable and that a larger number will be sold at a given price. A shift to the left is just the opposite, indicating that a … Read More»

Before presenting the results, it is importance to check for the time series data existence of stationary property of each variable whether the variables under consideration are stationary in level form. It is important to ensure that the variables used in the regression are not subject to spurious correlation. We are using unit root tests … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Ethiopia has undertaken a comprehensive tax reform in the past couple of decades with the major aim of creating modern tax system, broadening the tax base, redistributing income and support economic efficiency. Value added tax was introduced in January 2003 as a result of this reform effort with the objective of … Read More»

Question 1 1.1 Introduction Euro (€) currency was created in 1957 and the single currency provides many benefits to the euro region. For an example, Euro currency eliminated exchange costs and fluctuation risks. It gives stability of economic to the euro region, so it allows government to have better long term planning for future. In … Read More»

Most of the countries tried to reestablish the gold standard after World War I, but it had been totally collapsed during the Great Depression in 1930s. Some economists said comply with the gold standard had prohibited monetary authorities from increasing the money supply rapidly enough to recover the economies. Therefore, the representatives of most of … Read More»

Convertible currencies is one which can easily be bought, sold and converted without the need of obtaining a central bank or government agency. There are three types of currencies:- Fully convertible: These can be freely traded without restriction and without required authorization. This helps in development and growth of international markets and also trading in … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Since Payment For Environmental Services creation in 1997 has grown in popularity becoming one of the most effective ways to improve conservation strategies (García-Amado, 2011; Cranford, 2011) . Wunder has defined PES as “a voluntary arrangement where a well-defined environmental service (ES) is… ”bought” by a (minimum of one) service buyer … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   The twenty-first century is enormously marked by increased tendency towards globalization instead of nationalization. This is applicable to most ramifications of human activities, such as industry, trade and finance. Global policies that emphasise networks and solutions as against controls within national boundaries are influenced by liberalization, improved technology, giant leaps in … Read More»

The nations economic structures was formed by the pervasive power of internationalisation which is a substantial phenomenon improved rapidly especially in the last decades. International business, one of the constituents of globalisation and liberalization in today’s world, International business from Toyne’s perspective is the process that” involves the exchange of goods and /or services across … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   An income tax is a rate charged on the income of individuals as well as business (companies or other legal entities). Individual income taxes often tax the total earning of the individual, while corporate tax often taxes net profit of the company. Different tax systems exist, with varying degrees of tax … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Introduction International business is the core theme in conducting business in current era of globalization. In the competitive environment, businesses are competing at global level. In international business a company can engage in either of the two ways such as import or export. Import and export are the two basic and … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   What is economics? Economics is can say as branch of social science that read the production distribution and consumption of goods and service. Definition of economics and associated terms such as scarcity, choice , house hold, goods, consumption, production, and ceteris paribus. Get Help With Your Essay If you need assistance … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   The Market System can be defined as any systemic method enabling many markets to bid and ask, helping buyers and sellers interact and make deals. It is an economic system that relies upon markets to allocate resources and determine prices. Get Help With Your Essay If you need assistance with writing … Read More»

cyber security measures taken to protect a computer or computer system (as on the Internet) against unauthorized access or attack Most people think that hackers are just people that want to mess up your computer, but real hackers break into systems because they want to see what they can do, then they might leave a … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   There is one important distinction to be made. When an economy is generating with excess capacity, GDP may be increased by putting the unemployed resources to work. The problem of economic growth is how to increase output when all resources are fully employed, therefore to an increase in the country’s productive … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   It typically takes the form of starting a subsidiary, acquiring a stake in venture in an existing firm or starting a joint venture in a foreign country. Green-field investment, i.e., establishing an entirely new enterprise in the foreign market. Mergers & Acquisitions, i.e., merging or acquiring an existing firm in the … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   In the following project and in accordance with the bibliography I have been used, I will describe and analyze the flexibility and work. More specifically, I refer to history and the multidimensional concept. Then I will analyze the forms of flexible work, and I will present the advantages and disadvantages for … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Definition Free trade is a type of trade policy that allows traders to act and transact without interference from government. Accordance with the principle of comparative advantage the policy permits trading partners mutual gains from trade of goods and services. Get Help With Your Essay If you need assistance with writing … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Redding (1999) defines that globalisation as the increasing integration between the markets for goods, services and capital and at the same time the breakdown of borders. Other researcher found that the process of globalisation not only includes opening up of world trade, development of advanced technologies such as communication, internationalisation of … Read More»

Globalization activity doesn’t only reduce trade boundary but it lot more effects like one country come closer to the economy of other country, it help in mixture of culture, it helps in transfer information and technology, increase group of buyer and seller of products and services etc. this are only few advantages of globalizations. Get … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Through the years, awareness against smoking has grown indefinitely and nowadays it is a known fact that smoking, as well as passive smoking is harmful to people’s health. This leads us to the danger of these effects in workplaces, which is becoming a serious issue for many people and demand a … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Since the 1970s the ‘globalisation of finance’ has made the economic fortunes of states increasingly interdependent. Until relatively recently international finance was still considered principally to be an adjunct to trade (McGrew, 2007), a necessary mechanism that enabled the exchange of goods and services at the international level. Its phenomenal growth … Read More»

Introduction: International business is the core theme in conducting business in current era of globalization. In the competitive environment, businesses are competing at global level. In international business a company can engage in either of the two ways such as import or export. Import and export are the two basic and primary ways of conducting … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   International trade has always been an attractive idea for merchants and businessman since time immemorial. There is always an opportunity to sell more, make more profits, increase the market share, remove seasonality fluctuations of demand and supply, increase in productivity, and of course a business or even a country learns a … Read More»

‘BRIC countries’ is the term that was mentioned first time in 2003. It means the four countries’ group: Brazil, Russia, India and China. These countries are at similar stages of economic development and they attract a huge investors’ attention from all around the globe. The analysts who’ve created the BRIC term forecast that China and … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Currency Union are a group of countries that share a single currency. There is a misconception that currency unions are a product of the 20th century globalization, but it is not true. They have existed since the times of Roman, but still they haven’t been adopted as a global financial system. … Read More»

A. Definition: Market economy has become as a norm and accepted by many developing countries especially in ASEAN and China. A market economy or free market economy can define as an economy system based on the power of division of labor in which the prices of goods and services are determined in a free price … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Submitted By: Yatendra Kumar “Discuss the strategic rationales and motives for American companies wishing to execute mergers outside the American borders. Do you think it is correct for the European Union to restrict mergers between American companies that do business in Europe? (For example, the European Commission vetoed the proposed merger … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Economic integration is the agreement between different countries or states to trade by the partial or full removal of customs tariffs on trade amongs the member states,it limits the prices of goods and services for both consumers and distributors since there is no custom duties in place which will then lead … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   One of the most modern approaches followed by almost all corporations in the 21st is internationalization, where a successful firm ventures into the foreign markets and decides to go global in approach, which in turn converts these flourishing domestic businesses into Multinational enterprises (MNE’s) and improves sales and build brand reputation. … Read More»

The Freedom Charter signed and preserved in June 1955 affirmed that the people shall share in the country’s wealth and more significantly ‘the mineral wealth below the soil, the banks, and monopoly industries shall be transferred to the ownership of the people as a whole”. There has been a lot of debate for the nationalisation … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   What are ”non-tariff measures” (NTMs)? As the term implies, any policy measures other than tariffs can be included in NTMs that can impact trade flows. At a broad level, NTMs can suitably be separated into three categories. Get Help With Your Essay If you need assistance with writing your essay, our … Read More»

The advantages and disadvantages of offshore outsourcing to the western countries (and workforce) and emerging-market countries(and workforce) is discussed based on the context of Western countries outsourcing a part of their business process to vendors primarily from developing countries like China, India, Indonesia, Philippines etc. Get Help With Your Essay If you need assistance with … Read More»

Advantages are greater than disadvantages in Oligopoly in the supermarket industry in the UK. In the UK, the supermarket industry is a extremely competitive industry because competition is inevitable. Four main players are included in the supermarket in the UK. Most consumers prefer more to go to the supermarkets such as Tesco, Asda, Sainbury’s, and … Read More»

Introduction International trade and Foreign Direct Investment (FDI) equity flows are the two primary methods in which international business occurs and are amongst the most substantial drivers of present time globalisation. With consecutive rounds of multilateral dialogues at the World Trade Organisation (WTO), barriers to trade globally, have been done away with significantly. Likewise, the … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   In the most industrial countries, the competitive markets are rarely free from government intervention. Governments not only impose taxes and grant subsidies but also regulate the market in a variety of ways. Governments control the equilibrium price and quantity in competitive market to maximize the aggregate economic welfare. (Pindyck and Rubinfeld … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   What is economics? Economics is the study of the forces of supply and the demands allocate deficient resources. Economics is divided into microeconomics and macroeconomics. Microeconomics is something doing with the behavior of firms, consumers, and also about the role played by the government. Macroeconomics is more to inflation, industrial production, … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   This essay will discuss the advantages and disadvantages of the oligopoly market system. Supermarket has brought into the service for man for long. The roots of supermarkets are the Co-operative of the nineteenth century. At the beginning of the early 20th century the people come up to an idea for selling … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Essay title/Question number: Compare and contrast the advantages and disadvantages of three nominal anchors that could be adopted by a Central Bank. Discuss why you think asset prices should or should not be adopted as a target of a monetary policy. Get Help With Your Essay If you need assistance with … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Transnational Corporation (TNC) referred as a large firm with plants or other direct investment that has the power to co-ordinate and control stages in operations of production chain in more than one country, even it does not own them. Transnational Corporation (TNC) provide technology, finance capital, and marketing skills to create … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Transnational Corporation (TNC) can be known as Multinational Corporation (MNC) which is a corporation/ enterprise that have power to control operations such as productions and deliver services in more than one country at a time even does not own it (Peter Dicken, 2007). ITNC have many offices and factories in many … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Remittances have been in existence for a very long time. Although in these current years, remittances have become an enormous phenomenon in international financial transfer. Remittances are becoming a key source of funding for many projects in developing countries. Surveys show that remittances are the second largest financial in flow that … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   In this report we would be looking at the advantages, disadvantages of having an RTA with Malaysia .How would an RTA help the both the countries. New Zealand is already an member of the AANZFTA which includes the ASEAN countries, Australia and New Zealand .How Would and MNZFTA be useful over … Read More»

There is no doubt that today’s world is more affluent and has more advanced technology than ever before ,however, there are famine, pollution, water shortages and development problems in dozens of countries. In that case, many countries and organizations are supplying aid and supporting undeveloped countries. In this context, ordinary people who live in rich … Read More»

Introduction Waqf refers to Islamic public charity or trust for socio-economic causes, whereby the object or property is perpetually non-transferrable. An object, under this type of charity, is donated so that the beneficiaries can enjoy it, or the trustee of the charity is required to give the income of it to them. It has a … Read More»

A Study of the Benefits and Costs which Might Result for UK-based Firms Should the UK Adopt the Euro Name: Louise Tibagalika Introduction The euro is the single currency established in 1999, currently shared by 18 countries of the European Union’s Member States (Ec.europa.eu, 2014). Due to the number of advantages such as the stimulation of … Read More»

Introduction Globalization is a process in which limited societies, economies, and cultures have connected through a global system of trade. The term is sometimes used to refer particularly to economic globalization: the incorporation of national economies into the international economy through trade, foreign direct investment, capital flows, and increase of technology. Globalization is generally known … Read More»

Franchising Franchising is arrangement where one party (the franchiser) grants another party (the franchisee) the right to use trade-name as well as certain business systems and processes, to produce and market good or service according to certain specification. The franchisee usually pays a one-time franchise-fee plus a percentage of sales revenueas royalty, and gains immediate … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp     Title of Coursework (please provide whole question) 2(a) Explain why free international trade can be good for countries’ economies, and examine the attempts to reduce trade barriers in the past decade. (maximum 1,000 words) 2 (b) What negative effects might free international trade have upon countries’ economies, and why might counties … Read More»

Free Trade is imports and exports of goods from countries without any tariff barriers being imposed. Free trade allows prices to be lower for consumers so exports will be increased and there will be a greater choice and variety for the consumer. There are advantages of free trade these are the economy will growth slower … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Introduction Globalization in the world of business is the process of intertwining markets all around the world by means of businesses extending their influence and operation on a global scale driving cross-border trade and investment (The Levin Institute, 2014). It includes the spreading and influencing of “world views, products, ideas and … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Government intervention is one of the hottest topics to the economists. Some of economists say government intervention can recover market failure and prevent worse situation from neglect. On the other hand, there are some arguments that government intervention can reduce the efficiency of market. Both of ideas can make sense. Government … Read More»

Price Control I. Introduction In a market economy, such as in the United States, the price of a good reflects the demand relative to the supply. This is a term known as scarcity.(Ten Things 2015) When an item has a high price it is said to be scarcer than an item of lower price. By … Read More»

OBJECTIVES England is a country of 63.7 million people. Her economy is the largest economy of the four countries of the UK. UK has importance in textiles and chemical products, beside these the automobiles, locomotives and aircrafts are also the important industrial products. UNITED KINGDOM has the the 3rd in the Europe and 6th largest national economy … Read More»

INTRODUCTION In the 18th and 19th centuries, famous economists such as David Ricardo and Adam Smith agreed to the existence of an invisible force within the market. Markets only relied on deciding prices for resource allocations and meeting the demands for rations. Their decisions were usually based on self-interest only. They did not require any active government … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Because expert systems is important: they have built by the well ESTABLISHED technology, is year to add Importance of computers and not least Require Commitment from users by Developing Their Own or Be used systems on the market. Many expert systems have the benefits bots CAN CAN Also have the riscs. … Read More»

Many researches in UAE have shown that this is only region in the whole world which is mostly dependent upon the non-national labour i.e. labour from other countries. The main reason for this is considered to be the demographic imbalance in the region. These non-national labours are also called as temporary labour. On one hand, … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Introduction Subsidy, can be defined as benefits offered by the government to groups, individuals, or industry in various forms such as welfare payment, tax allowance, keep prices low, induce investment to reduce unemployment, and many more. It is also called ‘subvention’. Objective of subsidy is often used to get rid of … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   The original supermarket was set up in Rochdale, Lancashire in the 1840s. It was established by groups of retailers. Gradually, the supermarkets grow up quickly. In 20th century, supermarket has been developed a shop which selling different kinds of food products. After the Second World War, supermarket developed continually, this has … Read More»

Oligopoly in UK supermarket industry Supermarket, which provides a retail sales service, is an indispensable place for people who buy the daily things. The definition of oligopoly is that an economic condition in which there are few independent suppliers of a particular product that competitive pricing does not take place (Answer, 2010). It is manifest … Read More»

1.0 Introduction Economics involves the choices people make when matching their limitless needs and wants with a scarcity of resources. The word “economics” is derived from the Greek words “oikos”, which means house, and “nomos”, which means manager. So the term originally referred to management of the household. Today, the term has been broadened to … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   The economic systems is one of the branch of economics, the economics is studies about the institutions and the methods by the societies to determine the ownership, direction and allocation of the economic resources. Economic system is the mechanism that deals with the distribution, production and the consumption of services and … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   The economic systems is one of the branch of economics, the economics is studies about the institutions and the methods by the societies to determine the ownership, direction and allocation of the economic resources. Economic system is the mechanism that deals with the distribution, production and the consumption of services and … Read More»

What are the advantages of using markets to allocate resources? To whom do these advantages accrue? Why might these advantages not be realized? Introduction A market indicates to all the buying and selling activities of people that are wishing to trade a service or good. The market consists of suppliers that want to sell and … Read More»

Doctors Without Borders “Doctors Without Borders”, written by Charles Kenny, discusses the advantages of allowing skilled workers to migrate from a “poor” state into a “rich” state and vice versa. Kenny also states that when medical doctors are allowed to migrate and work in other states it can cause all of the states involved to … Read More»

Executive Summary: The Flood of 2010 which affected around 20 million people in Pakistan directly and left them homeless have been the worst flood that Pakistan and the world has ever seen. The research was conducted on the subject of “adverse effects of flood in Pakistan” and how it has affected our agriculture, banks, economy, … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   In the circumstance of free competition, the resources can be allocated efficiently in the market for most commodities. However, such competition mechanism in health care market can lead to ethic issues and inefficiency. Through our research, market failure can be attributed to the following reasons. Get Help With Your Essay If … Read More»

  “How YouTube TV Could Help Google Finally Crack the TV Ad Market”by Mike Shields (2017, March 1)   Advertising is an imaginative and fast-moving industry that utilisations different media outlets to inspire individuals to purchase products and services and change their mentalities, reaches and motivate massive audiences. This industry’s growth increases rapidly because of … Read More»

As you are beginning a career in business you will face many challenges as a woman. The best advice I can give you going forward in your career is to network, find mentorship, and demonstrate leadership roles effectively. It is evident that as women we are taken for granted in the business world and for … Read More»

Firms are all around us and are the main expressers of economic activity in the modern capitalistic world. We observe firms being created, growing, evolving, expanding into new areas by merging with others but also remaining stable, declining, getting acquired and sometimes declaring bunkruptcy. It is clear that firms’ activities vary a lot and as … Read More»

Cigarette smoke contains more than 4,000 harmful chemicals including over 40 that are known causes of cancer. Smoking is a prime factor in heart attacks and causes cancer of the lungs, mouth and bladder. Passive smoking is the term used for exposure to tobacco smoke, or the chemicals in tobacco smoke, without actually smoking. That … Read More»

Affirmative action is an initiative adopted by the South African government, which seeks to correct the imbalance of wealth and provide opportunities to the people who were adversely affected as a result of the apartheid regime. It has created a situation where organizations are required to meet specific employment targets for persons of colour in … Read More»

Introduction The aim of this essay is to compare and contrast the Scottish and Greek planning policy and practice regarding Affordable housing. To have a better understanding on the subject there is an urgent need to examine a variety of factors that have effected the birth and implication of such policies in these countries; such … Read More»

ABSTRACT This research is conducted to access the real estate market in Vietnam and find the appropriate marketing strategies for the affordable housing project by a famous real estate company. Addressing the question of what is demand for affordable houses or apartment in Vietnam now and the potential market for suitable apartments, the research has … Read More»

The report is divided into four parts. Firstly, using ratios as a tool will help in analyzing and evaluating the financial performance of the Sainsbury obtained from the 2008 and 2009 annual report. To show the pattern of Sainsbury’s financial performance for the year 2007 to 2008 a trend analysis will be prepared. Also, developments … Read More»

This case is comprised of various situations that deal with behavioral costs in order to maximize profits. The use of break-even analysis and opportunity cost is used along with recognizing and using the fixed and variable cost. The Hospital Supply, Inc. case is where they manufacture hydraulic hoists and have a normal volume of 3,000 … Read More»

North Korea is among the few countries that still hold on to communist ideologies in the 21st century. Political analysts are of the common agreement that the isolation of North Korea was self imposed. It dates back almost five decades during the reign of Kim Il-Sung who was focused on self reliance. Kim refused to … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Economics is a social science, that studies the production, distribution and consumption of goods and services, and can be used to quantitatively and qualitatively analyze a given market. The question I selected for further investigation through economics is, “To what extent do supermarkets in Singapore resemble an oligopoly market structure?” Get … Read More»

Several economists around the world are wondering whether the majority of Africans are benefiting from investment and profits originating from the continent. African leaders have been in the media claiming that Africa is experiencing one of the highest economic growth rates in the recent past. However, a growing gap between the rich and the poor, … Read More»

Academic Integrity: All work submitted in each course must be the Learners own. This includes all assignments, exams, term papers, and other projects required by the faculty mentor. The known submission of another person’s work represented as that of the Learner’s without properly citing the source of the work will be considered plagiarism and will … Read More»

China and India are the two giant’s economies of Asia, which are now regarded as the “success stories” for their massive economic development for the past two decades. On their way to economic growth they have more dissimilarities than similarities. The most common things among them are their ancient civilizations, population, covering substantial geographical areas … Read More»

Explain the meaning of aggregate supply (AS) and aggregate demand (AD) and explain what factors cause shifts in the curves. Aggregate demand is the sum of all expenditure in the economy over a period of time. AD = C+I+G+(X-M) Where: C = consumption Spending I = Investment Spending G = Government Spending (X-M) = net … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Introduction Collection of revenue and the use of government expenditure which affect the economy is termed as fiscal policy. Fiscal policy can be distinguished with the major sort of macroeconomic policy, monetary policy, which stabilizes the economy by controlling rate of interest and supply of money. Two major objectives of fiscal … Read More»

Introduction Today, China is a hot item in the media because of its fast growing economy. Some people are even afraid of this because they think it is a threat to our own economy. This because of the differences in the political and economical system of china compared to our political and economical systems. Get … Read More»

Abstract: The possible welfare gains and likely beneficiaries for the facilitation of agricultural world trade formulated by the Agreement on Agriculture remains a matter of debate and concerns. Therefore the impact of the Agreement on Agriculture on production, price structure and trade in agricultural sector needs proper introspection and evaluation from Indian perspectives. The paper … Read More»

In 1995, the year that the WTO was established, the first effective rules governing international trade in agriculture and food were introduced. Following the Uruguay Round negotiations, all agricultural products were brought under multilateral trade rules by the WTO’s Agreement on Agriculture. Get Help With Your Essay If you need assistance with writing your essay, … Read More»

Sushree Sucharita Senapati Company Overview Agricultural Bank of China (ABC), formerly known as Agricultural Cooperative Bank was founded on July 10, 1951 and is headquartered at Beijing, China. It deals with commercial banking and financial services. Investment banking, Fund management, financial leasing and Life insurance are also included in its scope of business. The ABC … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Agriculture subsidies are the payments by the government to producers of agricultural products for the purpose of stabilizing food prices, ensuring plentiful food production, guaranteeing farmers’ basic incomes, and generally strengthening the agricultural segment of the national economy. Domestic crop yield can fluctuate considerably depending on the local weather. International crop … Read More»

A STUDY ON AGRICULTURAL WAGE – PRODUCTIVITY RELATIONSHIP WITH REFERENCE TO GROUNDNUT CROP IN CHITTOOR DISTRICT (ANDHRA PRADESH) Dr. E. Lokanadha Reddy,   Abstract— The increase in production and productivity are influencing agricultural wages. But the results of empirical studies have shown a positive relationship between real wages and productivity. It is also observed that the … Read More»

General remarks: The sources should be added The way we do it is like this[1] Also, since there are now sources, I cannot check how valid are your points It is always better to talk about the movement rather than static: E.g. the point with loans. Less loans, more loans than in 2012 (2011, 2012)? … canada/"> Read More»

The macroeconomic linkage between the agricultural sector and industrial growth has been one of the most widely investigated in the development literature. In the early stages, researchers paid great attention in studying the relationship between the agricultural and industrial sectors, and how these sectors were inter-related. They argued that agriculture only plays a passive role; … Read More»

There are several evidences for agritourisms contribution for rural development from various countries. Not only in developed countries, researches in developing countries have also discovered many findings regarding this phenomenon as agritourism has the ability to open up alternative income sources for the farmers as well as for the surrounding community. As it is a … Read More»

The higher education system in Malaysia has since the independence in 1957 been generally treated as a unique global public good due to the inherent positive externalities that are associated in its provision (Sirat et al., 2010; Sirat, 2005). Under this arrangement, the government of Malaysia has had great monopoly over the provisions of higher … Read More»

What is Gold Standard? The Gold Standard is a monetary system in which the standard unit of currency is a fixed weight of gold or freely convertible into gold at a fixed price. Under the Gold Standard system, paper money which circulates as a medium of exchange is convertible into gold on demand. The exchange … Read More»

In June 1969, the first Penney’s store opened in Mary Street, Dublin. Within a year, four more stores were added – all in the Greater Dublin area. In 1971, the first large store outside Dublin was opened in Cork and by the end of that year there were 11 more stores in Ireland and one … Read More»

CHAPTER II LITERATURE REVIEW A literature review is a concise overview of what has been studied, argued and establishes about a topic, it also entails about the major findings as well as reviewing the tools and techniques used by the previous studies. This chapter provides review of related literature associated with Work Life Balance of … Read More»

EXECUTIVE SUMMARY The airline industry has covered a long journey from the day it was started. There are various external and internal factors which affect the performance of the airline industry. The objective of this report is to analyse the variation in prices of the airline tickets by using the economic theory. The airlines are … Read More»

According to the new system, commercial flights are divided into four bands which differ in price and distance. This essay will attempt to determine whether the new policy is justified and how it will affect the market for short haul flights, the competition, environment and the revenue for the government. a) In order to find … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Traditionally all the airports were owned by the public sector. The European airports in major cities such as Paris, London, Dublin, Stockholm, Copenhagen, Madrid, and Geneva were all owned by national governments. The airports outside Europe like Tokyo, Singapore, Bangkok, Sydney, and Johannesburg were similarly owned by their country’s government bodies. … Read More»

Chapter 14 A job-costing system accumulates and analyzes costs separately for each product or small batches of products. Examples of firms that use job-costing systems include law firms and firms that build custom houses. A process-costing system accumulates and analyzes costs by each process (or a department) rather than by each job. Examples of firms … Read More»

Republic Act No. 6848, otherwise known as “The Charter of the Al-Amanah Islamic Investment Bank of the Philippines” outlines that the primary purpose of the Islamic bank is “to promote and accelerate the socio-economic development of the Autonomous Region by performing banking, financing and investment operations and to establish and participate in agricultural, commercial and … Read More»

In October 2008, almost three years after stepping down as Chairman of the U.S. Federal Reserve Bank, Alan Greenspan, also known as the Maestro, admitted in a Congressional hearing that he had been “partially” wrong in assuming that lending institutions would act in the best interest of their shareholders (Greenspan 2009), thus deflecting blame for … Read More»

Introduction Governments have utilized their political power to raise income all throughout the history to back the objectives of government which is to ensure individual freedoms and to advance the well-being of the society as a whole. This income is for the most part acquired through levy which move assets from private people and organizations … Read More»

Aldi and Lidl are both successful grocery retailer stores that started off their business in their home country Germany and ended up expanding their markets to almost all parts in Europe. In case of Aldi, they even have their stores in Australia and Unites States. They both had the perfect market strategies for their grocery … Read More»

Microfinance refers to a variety of financial services that target low-income clients, particularly women (MIX, 2011). This has become a broadly known sector after the pioneering work and success of Grameen Bank in Bangladesh during the 80’s. Following the ‘Grameen Bank’ model, many companies – Micro Finance Institutions (MFI’s) were set up across the world … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   A market is a place within which suppliers and demanders of any product interact. This interaction determines what gets caused and overwhelmed via the gesture of the market price. All business  organizations must have a relevant knowledge regarding the markets within which they operates. Before discussing the markets which are investigated by the various anti competitive authorities it is very important to discuss the markeet structure … Read More»

The People’s Republic of Bangladesh is a country in South Asia which became independent in 1971 after a glorious nine months of liberation war with Pakistan Army who killed three millions Bangalees. Bangladesh literally means “The Country of Bengal”. Lying north of the Bay of Bengal, on land it borders India and Myanmar, and it … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   A monopoly is a firm producing a commodity for which there is no close substitute. There are usually some forms of barriers of entry. It is difficult to define a pure monopoly as close substitutes are difficult to define. For example, there are no close substitutes for cigarettes, but there are … Read More»

Essential for globalized economy: Communism or Capitalism In this globalized economy now it is a big question for us that, what is the perfect economic system: communism or capitalism? By globalization we can understand cross boarder market. There is an international exchange of labor forces, ideas, capitals, knowledge, products, and services. Now we will focus … Read More»

Alvin Toffler PowerShift: Knowledge. Wealth, and Violence at the Edge of the 21st Century (Bantam Books, 1990, ISBN 0-553-05776-6) This book is the third book in one of the most thought provoking trilogies of our time. This series began over a quarter century ago with Future Shock. The second book, Third Wave, followed in 1980. … Read More»

Macro-economic which is a study about the whole country’s economic includes GDP (Gross Domestic Product), supply – demand, employment, inflation, economic growth and exchange rate. The combination of all the individual market activities (the investment in the private and public sector) works together and creates the national economic. Get Help With Your Essay If you … Read More»

The Indian Economy is the eleventh largest economy in the world by nominal GDP and the fourth largest by purchasing power parity (PPP). Following the strong economic reforms the country began to develop at a fast-paced economic growth, as free market principles were initiated in 1990 for international competition and foreign investment. Economists predict that … Read More»

Economic performance of country can measured using several variable or data. The most common measure used these days is the GDP. In this report we analyze the economies of SOUTH KOREA & JAPAN. South Korea falls under the category of “Newly Industrialized Nations” while Japan is considered as a developed country. Throughout the report & … Read More»

INTRODUCTION: The increasing economic development in UAE and Saudi Arabia has made these developing states an excellent nation for those people who choose to expand overseas or are interested in Foreign Direct Investment (FDI). Globalization aids to strengthen their distribution channel and their economies. Saudi Arabia is rapidly gaining importance as a manufacturer and economic … Read More»

The UK economy is the fifth largest country economy in the world by real GDP. (Economic Watch 2008) From 1992 to 2006, the UK maintained in an average economic growth of 2.5%, without any booms and busts. (Dunnell 2008) This steady growth was probably caused by easy credit and low interest rates, and it encouraged … Read More»

For a long time China was considered to be leading civilization in the world arts and sciences. However in the 19th and early 20th centuries China underwent civil unrest, famines, and military defeats. After World War II, China under Mao Zedong underwent an autocratic socialist communist system. In order to assure China’s power and control … Read More»

The promotion of entrepreneurship as a possible source of job creation, empowerment and economic dynamism in a rapidly globalizing world has attracted increasing policy and scholarly attention and Cameroon is of no exception. Despite the efforts made in addressing the issue, problems of unemployment as experienced by the educated youths and uneducated but skilled youths … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   “Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” –Ronald Reagan (Powell). Change is good to the point where it allows us to grow in the economy as … Read More»

Lisa Krier Introduction It is a well-known fact that in 1998 the four major big tobacco producers, Altria. R. J. Reynolds, Brown & Williamson, and Lorillard crafted a $200 billion legal settlement with the nation’s state attorneys general. For several years, these four tobacco companies have been threatened with lawsuits stating that they did not … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   BP’s (British Petroleum) origins can be traced back to 1901 when William Know tried to explore oil in Persia. The first commercial oil discovery was made in the Middle East by BP in 1908. In 1935, the company prospered and was renamed the Anglo- Iranian Oil Company. The war effort resulted … Read More»

As one branch of economics, Microeconomics focuses upon the problems of decision-making within confined resources allocated. (Bade, 2001) Microeconomics, sometimes known as Price Theory, depend its research objective on the individual or active market single unit and analyze the potential method in maximizing profit and utility via rational and effective distribution of limited resources. The … Read More»

INDIAN FINANCIAL SYSTEM A money market is not a market for money but it is a market for near ‘money’; or it is the market for lending and borrowing of short-term funds. It is the market where the short -term surplus investible funds of banks & other financial institutions are demanded by borrowers comprising individual … Read More»

The extraordinary economic growth and development of East Asian over the last four decades has been remarkable to world. Such as the East Asian Miracle suggested that (World Bank, 1993), it is a “Miracle”. The miracle means rapid social development and economy growth, reduced inequality, rapid output in agriculture, the transformation from high to low … Read More»

People today, live longer and often healthier lives owing to advances in various areas. It is a challenge to maintain and plan longer lives. Societal ageing hampers economic growth and issues such as sustainability of families, the states and communities’ capacity to provide for older people. Get Help With Your Essay If you need assistance … Read More»

Ageing population; its impact on economic growth. 1.0 LITERATURE REVIEW People today, live longer and often healthier lives owing to advances in various areas. It is a challenge to maintain and plan longer lives. Societal ageing hampers economic growth and issues such as sustainability of families, the states and communities’ capacity to provide for older … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   The definition for consumer surplus is the difference between the amount of money money willing to pay by the consumer for a service provided or a good and the actual price paid for the good. Consumer surplus is a measurement to measure the wellfare of fellow consumers who had purchase our … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Introduction The answers start with the basic theories of microeconomics and contact with an analysis of actual cases to solve the following four problems. It refers from the opportunity cost, scarcity of resources, cross-price elasticity, income effect, substitution effect, the producer surplus to long-run equilibrium for a perfectly competitive industry. Get … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Pakistan is the fourth largest cotton producer in the world. This creates a wide market for the prosperous growth of the textile industry since cotton is one of the most abundantly available raw materials in the country which will lead towards industrialization. Textile Industry is, therefore, central to the Pakistan’s economy. … Read More»

Malaysia, a mixed economy attempts to combine the advantages of Free Enterprise System and the Central Command System. The price mechanism is allowed to operate but in some cases the price mechanism fails or works against public interest. Identify the ways by which the State can intervene to correct the defects. Get Help With Your … Read More»

Market structure is talking about interconnected characteristics of a market, such as the number and relative strength of buyers and sellers and degree of collusion among them, level and forms of competition , extent of product differentiation , and ease of entry into and exit from the market. Market structure have four basic types, those … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   The neoclassical approach to labor market analysis is based on the analysis at the microeconomic level. It uses the methodological tools of microeconomic theory to analyze the labor market, i.e. to explain how the balance salary is determined salary and the required and offered amount of work. It suggests that the … Read More»

The oligopoly refers to the market structure in which a small number of firms hold the dominating power within the industry. This leads to a highly concentrated market. The music recording industry can be considered an oligopoly as this market is dominated by a small number of firms (major record labels) . 80% of the … Read More»

The tea industry in India is about 172 years old. It occupies an important place and plays a very useful part in the national economy. Robert Bruce in 1823 discovered tea plants growing wild in upper Brahmaputra Valley. In 1838 the first Indian tea from Assam was sent to United Kingdom for public sale. Thereafter, … Read More»

Analyse the UK’s balance of payments for a period of 10 years (data given in Tables 1 and 2). The analysis should include examinations (presentations of statistical data with discussion based on theory, journal articles, and examples from the market) of the current account balance and capital/financial account balance. Document the trends and investigate the … Read More»

Malaysia has a counterfeit market value of $378 million, with software dominating $289 million of that market value. (Havocscope Global Market Indexes, 2008). Most often the news broadcast on counterfeiting in Malaysia are usually associated with branded goods, and now, these items are circulating in the form of essential products and used on a daily … Read More»

“Critiques of globalisation argue that as a result of failures to deal with risks to international stability, the basis of global order has been at risk and political and economic disorder like that that followed the collapse of 19th century globalisation may not look impossible. “Do you agree? Get Help With Your Essay If you … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   “The nature of competition and its consequences on key economic variables, such as prices, profits, and growth, have always been important for theoretical and empirical investigation.” (Tsalik and Tsoulfidis, 1998, p.187) Many non-economist and even many economists use the term competition loosely to apply to markets that we refer to as … Read More»

Farm data recording has always been a myth in Pakistan and analysis system is obsolete and cannot provide any reliable picture of gains and expenses incurred on dairy farms. Present study was conducted to know the financial pace of Pakistani buffalo dairy farms. A cost of production analysis questionnaire developed by European Dairy Farmers (EDF) … Read More»

Malaysia is a growing and relatively open economy. Three years ago, according to the World Bank (2007), the economy of Malaysia was the 29th largest economy in the world by purchasing power parity with gross domestic product estimated to be $357.9 billion for the particular year. Get Help With Your Essay If you need assistance … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Increase of agricultural exports from Nigeria is important for both countries. Whilst agriculture in Nigeria, which for many years has become subservient to oil, is being re-invigorated, the UK is looking for new, reliable and economic sources for supply of agricultural products to meet its increasing demand. The two countries should … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Since the publication of Porter’s book, The Competitive Advantage of Nations in 1990, it has attracted considerations from other scholars. Porter used the Diamond model as a theoretical framework for analyzing the national competitiveness, explaining “Why do some social groups, economic institutions, and nations advance and prosper?” Although Porter’s Diamond framework … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   The purpose of this essay is to use game theory and barriers to entry to analyse strategic business decisions in the US ready-to-eat breakfast cereal industry. An industry analysis was done using different published journals. An overview of the oligopoly industry was also done for a broader understanding of the ready-to-eat … Read More»

In contrast to budget deficit, which is nothing more than the difference between the expenditures of the government and the tax revenues that government receives (Galbraith and Darity,1995), the fiscal deficit is the difference between what government spends and what it earns, expressed as a percentage of GDP. Get Help With Your Essay If you … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   The household is the basic unit of analysis in many social, microeconomic and government models. The term refers to all individuals who live in the same dwelling. In economics, a household is a person or a group of people living in the same residence. Household are owners of the factors of … Read More»

Dollarization occurs when a country uses US Dollar or other currency instead of or along with local currency. The picture of dollarization can be as follow: using dollar for bank Deposit, paying debt, buying goods and service, measuring national budget. 1 There are three types of dollarization: official, semi-official, and unofficial. Official dollarization occurs when … Read More»

Textile and Garments is considered the most important sector of Pakistan’s economy and the largest industry with a 46% share of total manufacturing. Accounting for 67% of exports, employment for 40% of the workforce and a 10.20% share in GDP confirms the importance of this sector. Pakistan’s large available human resource pool offers an important … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   Grameen Bank (GB) is called the bank of poor people in Bangladesh. It has been established for the welfare of the poor village people of Bangladesh, which becomes a role model of the world of micro credit banking system. At the beginnings of Microcredit, Dr. Muhammed Yunus who is an economist … Read More»

1. a.) Highlights of scientific studies in an advertising campaign that find drinking milk can help reduce weight gain. The campaign will positively affect both the price and the quantity demanded, as a result more consumers will demand for large quantities of milk. High demand will cause a shortage of milk supply, therefore the quantity … Read More»

The global financial crisis has a negative effect on global economies. It was lead to a significant reduction in growth on economic. So I would conduct expansionary monetary and fiscal policies to stimulate macroeconomic, in order to evaluation the effects of policies I will analysis and discuss underlying economic model which is the Mundell-Fleming model … Read More»

To develop a SWOT analysis of the company, we need to analyze all its components: strengths, weaknesses, opportunities, and threats. To analyze the opportunities and threats of Lacnor, we will use the two main techniques: PESTEL analysis (macro analysis) and Porter’s 5+1 forces (micro analysis). In this section, we will begin by PESTEL. Political: 1) … Read More»

My purpose is to analyse the tea industry in Sri Lanka and identify the global identity of our tea. Sri Lanka is the largest single tea producer in the global market. Determining the production and accepting the market forces is important to us to consider as an exporter. Identifying the market structures and how government … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   According to the definition of the World Intellectual Property Organization (WIPO), intellectual property now applies to creations of mind or invention; literary and artistic works; and symbols, names, images, and designs used in commerce. Legally, intellectual property includes patents, trade secrets, trademarks, and copyright. Scholars prefer an even broader view of intellectual property. … Read More»

 Reference this Share this: Facebook  Twitter  Reddit  LinkedIn  WhatsApp   International business is the core theme in conducting business in current era of globalization. In the competitive environment, businesses are competing at global level. In international business a company can engaged in either of the two ways such as import or export. Import and export are the two basic and primary … Read More»

Agency theory is one of the most important concepts of the business areas especially financial economics. Because of its importance, this theory is included in most of the introductory chapters of the modern financial economics books and publications. It is commonly cited as one of the key areas for progress and improvement of the modern … Read More»

Abstract This paper discusses the various types of approaches to bargaining models, namely indifference curves and iso-profit curves, monopoly union behaviour and efficient contracts. Then we go on to study the concept of efficiency wages in a unionised as well as a non-unionised environment and with the help of existing economic theories we develop a … Read More»

Anton Mokbel Answering Question 2: “What was regarded as a region peripheral to the centre of world events or as a source of threats to Australia, has come to be seen as an area with which Australia’s future is inevitably interdependent.’ (Bill Hayden, Minister for Foreign Affairs, 24 October 1983) Critically examine the main political … australias-economic-engagement-with-asia/"> Read More»

Macro Comp Question 1 August 2015 Suppose there are two types of households in the economy. “Borrower” households borrow funds from “lender” households to purchase housing. Borrower and lender households differ in two ways: first, only borrowers value housing, while both types value non-durable consumption. Second, borrowers discount future utility flows more heavily than lenders: … Read More»

One of the most difficult subjects in economics in the business cycle or the pattern of contraction and expansion seen in the overall economy, this is a major factor that will effect the profit and sales performance of all companies to an extent. On average business productivity in EC has expanded at a rate of … Read More»

Canadian Health Care Canada is regarded as having one of the best health care services systems in the world. All Canadians residents are eligible to health care irrespective of income and health. However, like any benefit, there are a few exceptions that are governed in the policies of the provincial or federal governments. Although this … canadas-healthcare-system/"> Read More»

Introduction Capital Asset Pricing Model (CAPM) is the backbone of modern portfolio theory. According to CAPM, the expected return on stock is a function of its relationship with the market portfolio defined by its beta. However, Eugene Fama and Kenneth French (1992) brought together two more factors and found that stock return is based on … Read More»

CACP – The data source which is an important source for wages in rural India unfortunately does not publish the wage data from these studies. The cost of cultivation scheme collects data from the selected household at regular intervals on all aspects of farm business. The valuation of human labor has always been a problematic … Read More»

1. Introduction The given data represents the chicken meat demand over the time period of several years from 1980 to 2014 in a certain company who is producing chicken meat to the market. In today’s competitive market chicken meat demand is depend on many external factors or determinants. Several determinants of them are Income of … Read More»

Introduction This paper looks at the developments that Chile as a country has achieved so far. It employs one on one interviews with citizens of Chile while also conducting research on available literature on whether the World Bank and the IMF have been instrumental in the development of Chile or not. Get Help With Your … Read More»

Yashwardhan Banthia   “Do the classical economists constitute a coherent school of thought in the history of economics, or are they rather a loose grouping of writers whose differences are more salient than what they have in common?” Abstract This paper will discuss the analysis of capital accumulation, income distribution and technological progress expounded by … Read More»

Table of Contents (Jump to) TASK1 1.0 DEFINITION OF OPEN ECONOMY AND CLOSE ECONOMY 1.1 DIFFERENCES BETWEEN OPEN ECONOMY AND CLOSE ECONOMY 1.2 COUNTRY WHO PRACTISE OPEN ECONOMY AND CLOSE ECONOMY 1.3 CONSUMPTION AMONG OPEN ECONOMY AND CLOSE ECONOMY 1.4 INVESTMENT AMONG THE OPEN ECONOMY AND CLOSE ECONOMY 1.5 IMPORT AMONG THE OPEN ECONOMY AND … Read More»

SUMMARY Ethiopia is the home and basis of inherent resources and coffee Arabica diversities. It relies greatly on export of key agricultural products in which coffee is the major and significant crop. The country has a reputation of high quality coffee due to its branded varieties of coffee. But, most of the coffee farmers in … Read More»

Annual Report Analysis of Hindustan Construction Company Limited Tejas Vaidya Construction Sector Analysis: Construction in India has become a key contributor to the economy of India in the recent years. It ranks 2nd in employment and contribution to the economy only after the agriculture sector. This sector also ranks 2nd when it comes to FDI inflows. However the … Read More»

1.0 Introduction of Question 1 Nowdays, there are many types of notebook in the market. Consumer can choose them by their preference and demand of notebook. An increase in demand for notebooks decline the quantity of demanded, but quantity supply constant. Everyone also have their desire to buy the more better notebook that have new … Read More»

TABLE OF CONTENTS 1) COVER PAGE………………………………………………………………………………………………………………….PG1 2) TABLE OF CONTENTS…………………………………………………………………………………………………….PG2 3) OECD…………………………………………………………………………………………………………………………….PG3 3.1) PREDICTIONS OF USA ECONOMY……………………………………………………………..…….PG 3.2) SOLUTIONS …………………………………………………………………………………………………….PG 4) IMPORTANCE OF DEFICIT REDUCTION…………………………………………………………………………PG3 4.1) OBJECTIVES OF DEFICIT REDUCTION………….……………………………………………… PG 4.2) DISADAVTANGES ………………..………………………………………………………………………PG4 5) SUBSTANTIVE KEYNESIAN STIMULUS PACKAGE…………………………………………………………..PG4 5.1) REFORM OF THE TAX SYSTEM……………………..……………………………………………….PG5 5.2) FISCAL POLICY………………………………………………………………………………………………PG5 6) CREDIT CRUNCH…………………………………………………………………………………………………………PG6 6.1) MONETARY POLICY 7) … Read More»

Country Report: Bangladesh Course Name: Development Economics Course Instuctor: Mehwish Ghulam Ali Group Members: Hina Naz Nagi Hina Jawed Palwala Abdul Ahad Aishah Siddiqui Saad Khan Contents Millennium Development Goals: Development Indicators: Industrial Analysis Economic Analysis Employment and Dependence on Formal and Informal Sector Urban Informal Sector Population Growth and its Implications Population Control Policies Urbanization … Read More»

Profit Sharing, Revenue Sharing, Piece Rate, Time Clocks and Spot Checks   Submitted by Group 6:- Neethi Nair-14020541031 Neha Paswan-14020541032 Nilesh Tayade-14020541033 Nishant Thool-14020541034 Nishith Mohanty-14020541035 Nitish Vats – 14020541036 Akanksha Chaudhary – 14020541065 Profit Sharing:- Profit sharing are the commission plans to introduced by business firms that provides direct or indirect wages to the … Read More»