Critique of Neoclassical Economics
Time lines - 6 pages - Theories and economic notions
A comprehensive analysis of the neoclassical economic thought, its limitations, and criticisms, including the role of utility, individualism, and the concept of general equilibrium.
Macroeconomics Theory
Course material - 57 pages - Theories and economic notions
A confusion is often made between the level of GDP and the growth of GDP. The growth of GDP is the slope of the blue line while the level of GDP is the relative position of the GDP curve to the trend curve. It's entirely possible for a country to experience strong GDP growth while still...
Introduction to economic principles and terminology
Course material - 20 pages - Theories and economic notions
Economics is currently in a phase of uncertainty: economics is not an exact science. There is a rising trade war between the US and mainly but not only China. The US also has trade disagreements with the EU and its partners in NAFTA (North American Free Trade Association: Canada and Mexico)....
New Theories of International Trade
Essay - 7 pages - Theories and economic notions
Through this quotation from Joseph Stigltiz, co-prize winner of the 2001 Nobel Prize in Economics for his work on asymmetric information, we note the interconnection between countries that globalization brings about: with its advantages but also its disadvantages. A questioning of this process...
The role of transaction costs in the effectiveness of formal institutions and the players involved
Essay - 3 pages - Theories and economic notions
According to rational action theory, economic choices presumed to be free, rational and motivated by personal interest. The rational agent is assumed to take account of available information, probabilities, risk, but also potential costs and benefits of any exchange. However, the functioning of...
NAFTA-Unaccomplished promises
Case study - 7 pages - Theories and economic notions
“Real wages in Mexico are lower today than when NAFTA was approved and have not kept pace with productivity gains.”-This is the official view of Carnegie Endowment for International Peace about the successes of NAFTA on its 10th anniversary in 2004. NAFTA or the North American Free...
What would be the major differences between being a citizen in a nomocratic state and in a teleocratic state?
Case study - 5 pages - Theories and economic notions
Some famous conservative philosophers as Michael Oakeshott define the origins of states by distinguishing two basic types of government: the nomocratic and the teleocratic state. Their conception about the role of state and how it should rule the citizen's life is completely opposed. Indeed,...
The Pharmaceutical Sector: An overview
Thesis - 4 pages - Theories and economic notions
General health has always remained a topic guaranteed to attract maximum attention. In the context of the European countries, must be safe, accessible and affordable for everyone, especially because the European population's expenses have continued to increase over the years. As an...
Sustainable Tourism in France
Market study - 4 pages - Theories and economic notions
The International Fair of Tourism - Map of the World, in Porte de Versailles , Paris, was conducted between March 26 and March 31, 2010. This international tourism fair hosted over 100,000 visitors last year, which represents an increase of more than 8% of visitors over 2009. This strong...
Proposals to face the Euro crisis
Thesis - 4 pages - Theories and economic notions
During a certain period, the funny abbreviation “PIIGS” was to be found everywhere in the news; this referred to Portugal, Italy, Ireland, Greece, Spain, the five European “sick men”, endangering the survival of the Eurozone itself. While their situation still remains...
Competitive Advantage of Wine Industry in France - publié le 14/03/2011
Thesis - 10 pages - Theories and economic notions
According to Michael Porter, any economic analysis should consider non-quantifiable data. He criticizes the lack of comprehensiveness from the the majority of today's economists regarding the evaluation of competitiveness of industries (Porter, 1990). The Diamond Model of Michael Porter for...
Work, employment and unemployment in the US
Thesis - 2 pages - Theories and economic notions
The working population is an aging population, becoming increasingly diversified ethnically and racially, increasingly female (women now represent 3/5 of all new entrants in the workplace) - women often work in pink collar jobs, i.e., they are teachers, salespersons, nurses, cashiers, etc. Many...
Defined-benefit and defined-contribution pension schemes
Internship report - 4 pages - Theories and economic notions
Nowadays pension funds are actors of the financial market that cannot be ignored; for example, the asset traded by these funds represented $29.5 trillion in 2009 and moreover, as stated by David Dodge , "pension funds have already become the largest institutional investors among G-10 countries"....
Investing in the pharmaceutical industry: The homeopathy market
Thesis - 12 pages - Theories and economic notions
When deciding to invest in the pharmaceutical industry, several areas represent interesting alternatives. Homeopathy is one of those alternatives. Even if homeopathy is often questioned, several large companies are making profits in this specific industry. This report analyzes the homeopathic...
Global Wine Wars: New World, Old Challenges
Case study - 5 pages - Theories and economic notions
In order to know if wine is a global or local industry we will assign a score between 1 and 5. (1 means that the assumption is not very accurate and 5 meaning that the assumption is totally accurate.) Globalization factors : •The consumption of wine is now worldwide •Production...
Opportunities and Limitations in targeting the Grey Segment: Example of the French Tourist Industry
Dissertation - 40 pages - Theories and economic notions
Purpose - To improve the knowledge base concerning the growing senior population. Objectives - Assess the potentiality of the senior tourism market in France, by understanding their behavior and expectations. We also tried to analyze the attitudes of seniors towards advertising and Internet....
The financial crisis: The need for a new system
Dissertation - 54 pages - Theories and economic notions
This thesis is about our monetary and financial system. It starts focusing on the monetary creation, which is the basis of our financial system. After defining the monetary creation process, it is about its control, which has been transferred from the States to the Central Banks to the commercial...
The Tourism sector in Chile
Case study - 8 pages - Theories and economic notions
Between 1973 and the early 1990s, Chile underwent a troubled political situation with a dictatorship situation of the government. Logically, the destinations in this situation remain on the sidelines of world tourism. But when the political crisis in Chile had subsided, giving way to democracy...
India: Its journey from poverty to wealth
Thesis - 3 pages - Theories and economic notions
Nowadays, we observe considerable geographic extension of exchanges and an increasing development concerning the economic, financial and cultural sectors. This phenomenon is called the globalization process and concerns developed and emergent countries. Even though lots of inequalities between a...
Mumbai 's status (2010) - Can Mumbai claim the status of a global city?
Thesis - 3 pages - Theories and economic notions
Nowadays, we notice a huge geographic extension of exchanges and increasing development concerning economic sectors. This phenomenon is called the globalization process and concerns developed and emergent countries. Even though lots of inequalities between a dominated South and a dominating...
The Judgment of Paris: Welcome to the New World of Wine
Dissertation - 7 pages - Theories and economic notions
On May 24, 1976, the InterContinal hotel in Paris was the theater of the biggest disruption ever to happen in the small world of wines. However, none of the actors present at the time were aware of the implications it would later have, and especially not its organizer, British wine-lover Steven...
Inflation - An explanation with examples on how governments can reduce or prevent it
Thesis - 3 pages - Theories and economic notions
Inflation has been a burning issue throughout the centuries. The world is currently going through its biggest financial crisis since 1929. While certain countries including Greece and Ireland find themselves on the verge of bankruptcy, inflation seems to have been stabilized in the other parts...
The crisis of the Gulf state
Thesis - 8 pages - Theories and economic notions
The financial crisis that originated from the Wall Street in the United States has resulted in the collapse of the economies of countries worldwide. It can therefore be considered as a global financial crisis. Saudi Arabia has the biggest market in the Persian Gulf region where the Emirate States...
Does Islamic finance have the potential to develop in France? - published: 25/01/2011
Internship report - 4 pages - Theories and economic notions
Since the opening of the first Islamic bank in Egypt in 1963, Islamic finance has exponentially increased in influence and visibility worldwide. While it remains a small player in the world of finance (0.5%), Islamic finance is becoming increasingly important due to significant increases in oil...
What effects does a weak dollar have inside and outside the U.S.A?
Thesis - 3 pages - Theories and economic notions
The United States dollar is the unit of currency of the United States; it has also been adopted as the official currency of some other countries. Its value has fluctuated a lot since the creation of the European currency, the Euro, and it has had a lot of consequences in the global economy as...
The downfall of Lehman Brothers and its relation to the current financial crisis
Internship report - 15 pages - Theories and economic notions
In this report, we will study the financial crisis experienced by the Lehman Brothers and its subsequent collapse in 2008. Lehman Brothers Holdings Inc. was a global financial-services firm, and one of the most important primary dealers in the U.S. with respect to treasury securities and...
China's economical and ethical rise in the African continent
Thesis - 9 pages - Theories and economic notions
The paper is based on the theme of an article that emphasizes on China's role in Africa. We first learn about the contents of the article and then state the status quo of the collaboration between the country and the continent. After description, we will go through a critical thinking section...
Delaware : A tax haven
Sample letter - 6 pages - Theories and economic notions
When typing Delaware in Google, most of the websites suggested are Corporate Expert Agents that all offer the same service: Advising and helping in the establishment of a company in Delaware. This first obvious observation is a proof that Delaware is a desirable State. In this paper, we will see...
How to do business in China - The author's view
Thesis - 6 pages - Theories and economic notions
The Chinese population is immense, their history is very long and their culture is one of the most complex in the world. China is really a unique country for many reasons. First, we can notice a huge gap between urban and rural areas. China is so vast so there are a lot of cultural and economic...
Gas trade between Russia and the European Union: From tensions to cooperation?
Thesis - 4 pages - Theories and economic notions
In 2008, Russia sold 160 billion cubic meters of gas to the European Union (EU), which represented 70% of Russian gas exports, 30% of the EU's needs and 50% of its imports. For over thirty years, the Russian company Gazprom has supplied the EU with most of the gas required by it. Gazprom...
