Microeconomics
Case study - 9 pages - Economy general
Consider two individuals (call them A and B) which reflect the amount of two goods (X and Y) they consume. Consider that there are only these two properties to simplify the world in which we place ourselves. In general, we can say that two individuals will not consume the same amount of X and Y....
The key problems of urbanization :Suggestions and solutions which would form part of sustainable development
Essay - 4 pages - Economy general
It is now a universal fact that living standards depend upon a perfect harmony between humans and their social environment, for example, the function of medical care, education systems, as well as social pension systems. Since the beginning of the industrial revolution, cities have been growing...
The economy of Portugal
Case study - 18 pages - Economy general
Portugal joined EU in the 1986 and since then has remodeled its economy in more than one way. Portugal's economy was mostly based on production of agricultural products, where about two thirds of the country was employed in this sector. After joining the EU Portugal has diversified its economy...
The foundation of classical economics
Case study - 5 pages - Economy general
Adam Smith is one of the most influential individuals to have ever lived. His insights and new ideas into the discipline of economics have cemented his place in history as one of the greatest economists of all time. Smith was born in Kirkclady Scotland in 1723, he attended Glasgow University and...
Spain economy: An empirical analysis
Case study - 5 pages - Economy general
Spain is one of the largest economies in Europe with a GDP over 1.3 trillion USD. They experienced an economic boom in the early 2000's as most industrialized nations did. However, with an increasing trade deficit, looming of the housing bubble about to burst and the worldwide financial crisis in...
Labor Supply and Earned Income Tax Credit
Case study - 4 pages - Economy general
Poverty has long been an economic and political issue in the United States of America. Throughout the last century, several anti-poverty programs have been established. One of the most principal of these programs is the earned income tax credit, or EITC for short. The program has an...
Economics is the study of the allocation of scarce resources amongst unlimited and conflicting end uses
Case study - 2 pages - Economy general
In this world that we live in, there exists a problem due to the conflict between the scarcity of resources and the unlimited wants of the people. Economics is concerned with dealing with this problem, as efficiently as possible. Why, then, are resources scarce? The problem of scarcity arises due...
Economics: Taxes and subsidies
Case study - 3 pages - Economy general
There are two types of tax systems that work simultaneously in an economy. These two systems are called direct and indirect taxation. Both of these systems have different effects on the economy in terms of an incentive or disincentive. Direct taxation is levied on the income of people. They pay...
'There can be little doubt that price is the most essential element in marketing mix'. Discuss, with reference to appropriate business examples.
Case study - 3 pages - Economy general
As today's marketing becoming more complex than decades, entrepreneurs desire to seek a useful tool to make their product distinguish from others, in other words, to design a successful marketing campaign. Marketing mix is one of the essential approaches to make business strategy. Capon (2009)...
The invalidity and critics to Pritchett's theory of 'Divergence: Big time'
Case study - 3 pages - Economy general
The agenda of the recent G20 summit in Seoul, Korea, focused on economic recovery, sustainable world growth, and development, reveals that globalization and its effects are at the heart of the most important international debates. While world leaders are concerned with managing the future effects...
South Africa - An investment-friendly economy - published: 26/02/2012
Thesis - 7 pages - Economy general
This paper is devoted to one of the most advanced, broad-based and productive economy in Africa. This paper is about trying to understand how the Republic of South Africa became "one of the most advanced and productive economies" in Africa. We will pay attention to foreign direct investment and...
South Africa - An investment-friendly economy
Case study - 7 pages - Economy general
This paper is devoted to one of the most advanced, broad-based and productive economy in Africa. This paper is about trying to understand how the Republic of South Africa became "one of the most advanced and productive economies" in Africa. We will pay attention to foreign direct investment and...
The Regionalization of World's Economy (An analysis)
Essay - 11 pages - Economy general
The establishment of areas of integration in world trade: The establishment of large regional areas reveals two trends. Within NAFTA, regionalization has led to an intensification of trade within the zone, while in the EU, trade stagnated. Regionalization does not imply a strong increase in...
Entrepreneurial growth - IPO as a means to finance growth
Essay - 7 pages - Economy general
The decision to go public is often described as the most important milestone for a growing company. This process is not a stage that every company will try to reach, because in Europe particularly, the going public process is more an exception than the rule, and it's the decision of the company....
International negotiation and diplomacy
Essay - 5 pages - Economy general
Nowadays the phenomenon of globalization is in our everyday life. International relations between countries or international decisions concerning politics and business are the result of international negotiation. Negotiation is the pursuit of an understanding that is focused on material interests...
The role of WTO in the process of globalization
Essay - 6 pages - Economy general
1947 - After a war that ravaged the world, the GATT (General Agreement on Tariffs and Trade) opened the door to the internationalization of markets: lower tariffs, dumping and fight against the quota, while a series of measures were taken to move towards greater economic liberalism. 1994 -...
Economic stimulus packages and bail outs
Essay - 3 pages - Economy general
One of the largest and most frightening problems associated with the economic stimulus packages and the bail outs is the idea that the government is simply ignoring the powers and limits the Constitution applies to it. This can be a frightening scenario because the Constitution was put into place...
Why Women are losing ground on Wall Street?
Essay - 8 pages - Economy general
In 2007, 1.2 billion women were working worldwide. It was 200 million or 18.4 percent higher compared to ten years. But the number of unemployed women also grew during the same period, rising from 70.2 to 81.6 million, and in 2007, with an unemployment rate of 6.4 percent, women continued to have...
The negative effects of the globalization process on the least developed countries
Essay - 6 pages - Economy general
The globalization process began thirty years ago with the borders opening promoted by the General Agreement on Tariffs and Trade (now called World Trade Organization). In spite of the fact that 32 of the 50 LDC are members of the WTO, their influence is not as important as the United-State's and...
Assessing the impact of oil on the Norwegian economy
Essay - 3 pages - Economy general
Describing Norway as a wealthy nation almost comes close to using a truism. In terms of Gross Domestic Product per capita, Norway was the 19th richest country in the world in the seventies, and is now ranked second among worldwide, just after Luxembourg. (Halvorsen & Sterno 2008 :28). The picture...
International portfolio's diversification and stock markets volatility
Essay - 20 pages - Economy general
The current paper aims at studying the volatility of thirteen stock markets returns (mature and emerging) by means of ARCH models in order to see its effects on the potential gains of international diversification. Then, we identify the effects of the volatility's temporal variation on the...
Which extension is possible for Europe and and with what consequences? - published: 12/09/2011
Thesis - 18 pages - Economy general
"A day will come when all the nations of the continent will merge strictly in a superior unity and will constitute the European brotherhood" it will have been necessary more than a century so that this premonitory speech of Victor Hugo pronounced in 1849, pass from utopia to the reality. The...
Which extension is possible for Europe and and with what consequences?
Essay - 18 pages - Economy general
"A day will come when all the nations of the continent will merge strictly in a superior unity and will constitute the European brotherhood" it will have been necessary more than a century so that this premonitory speech of Victor Hugo pronounced in 1849, pass from utopia to the reality. The...
Impact on export during the recent financial crisis
Essay - 25 pages - Economy general
The paper describes the export situation during the recent financial crisis. Since this topic is very large, it was impossible for us to cover all of its multiple aspects and we decided only to highlight a small part of it. We confine our analysis by comparing two different types of countries;...
Anti-dumping in developing countries
Essay - 22 pages - Economy general
In most countries of the world, trade policy regimes have moved from protectionism to more outward and liberal trade regimes in the last two decades: tariffs and quotas have been reduced. A work by M. Zanardi and M. Moore (2008) shows that adopting a declining applied tariffs increase the use of...
Economic partnership agreements
Essay - 38 pages - Economy general
The developing countries are negotiating preferential trade agreements with the European Union since always. This paper will explain the different treaties which have been put in place along the way between 1957 and now. Since it would be too long to describe the situation implying all the ACP...
The Informal Economy in Eastern Africa - Definitions, Impact and Challenges
Essay - 20 pages - Economy general
The first studies concerning the informal sector were conducted back in the 1970s. It was first considered as a marginal phenomenon, comprising activities not totally distinct from the formal sector. Since then, more institutions showed interest in this very specific part of the economy and...
Optimum Currency Areas and the Euro-Zone: An Analysis of how the Euro-Zone can become an Optimum Currency Area
Thesis - 4 pages - Economy general
In the following paper, we make use of one of the chapters of our textbook, which focuses on Optimum Currency Areas in relation to Europe. After perusing the information thus provided, we found related articles that would provide us with significant information that would allow us to compile an...
John Kennith Galbraith: The Last of the Institutionalists
Essay - 2 pages - Economy general
John Kenneth Galbraith is a very radical economist whose biggest impact took place during the 1950s as the rebound of the Second World War left the United States penniless. Born in Canada but practices in the U.S., John Kenneth Galbraith is one of the most influential economists the United Sates...
Globalization and its impact: Case of Africa
Case study - 11 pages - Economy general
As defined by the Merriam-Webster English language dictionary, globalization is “the tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe and thereby increase the inter-connectivity of different markets.”...
