Managerial Economics: The Demand & Supply Model Managerial economics is the application of the economic theory using quantitative and statistical tools to analyze how organizations can achieve their aims and objectives. In other words, the manag Continue Reading...
Socioeconomics and Fiscal Policy Current Events Article Review One of the more interesting discussions occurring relative to the purpose and effective use of fiscal policy in today's macroeconomic environment is arguably occurring inside the Europe Continue Reading...
International Trade Free trade, based on the theory of comparative advantage, is a textbook ideal that does not exist in the real world. Free trade would be entirely uninhibited. When Ricardo imagined the idea, just to make the concept work he had t Continue Reading...
Boom in Busts: Good or Bad? There are several pros and cons in the bankruptcy legislation issues. In the current European systems, entrepreneurs forced to file for bankruptcy protection carry business failures and associated debts for years, may be Continue Reading...
Monetary Policy Actions in Recent Months Economic developments seem to have experienced a slow and yet steady development in recent months. A series of factors like household spending and increasing job gains played an important factor in this respe Continue Reading...
Savings and Income Decline as People Increase the Saving Habit Saving refers to the income not spent by the consumer. In other words, savings are the money left when the consumer expenditures are subtracted from the disposable incomes that an indiv Continue Reading...
Foreign Direct Investment Project in South Africa South Africa is a largely free-market economy that encourages foreign investment in private and public sectors. The country is an attractive option for foreign direct investment since it has a transp Continue Reading...
Managerial Economics What does your company produce? What utility or benefits does it provide to the consumer? How do consumers use it? The company is one of the top luxury carpet manufacturers in the world. The benefits provided by the luxury carp Continue Reading...
Operations Decisions Outline a plan that will assess the effectiveness of the market structure for the company's operations. Note: In Assignment 1, the assumption was that the market structure [or selling environment] was perfectly competitive and t Continue Reading...
Nuke Waste Site The author of this report has been ask to consider the test case of an Indian reservation in Northern Colorado that is considering taking on a nuclear disposal site from a corporation in the name of giving jobs to some of their men a Continue Reading...
Stockholders vs. Stakeholders United States HotFeet is an important manufacturer of footwear, with most of its manufacturing operations outsourced to various regions. One of its manufacturing subsidiaries is located in Sri Lanka, where is has succes Continue Reading...
Global Economic Analysis Describe the Economic State of the Country The state of the economy of any nation or region is influenced by the economic conditions that change over time, consistent with the business cycle. The economic state of France, i Continue Reading...
Strategic Analysis and Operations in a Global Economy: Big Data Strategic Analysis and Operations in a Global Economy How does Big Data affect your everyday decision making process? Big data is a common term used for describing large data-whether Continue Reading...
Civil War began, some ardent defenders of slavery -- like George FitzHugh, author of the notorious 1857 polemic Cannibals All!, or Slaves Without Masters -- argued that the abolition of slavery would result in something worse: the spread of the indus Continue Reading...
Demand Estimation QD = -2,000-100P + 15A + 25Px + 10y R2 = 0.85 QD = Quantity demanded of a unit (dependent variable) P (in cents) = 200 cents per unit (price per unit) Px (in cents) = 300 cents per unit (price of leading competitor's product) Continue Reading...
Industrial Revolution: Impact in Middle Class And Working Class / Conditions of Middle Class And Working Class Under Industrial Revolution The Industrial Revolution, was an advancement to new production processes in the period from 1760-1840. This a Continue Reading...
International Business The first thing that can be concluded is that Spain has an absolute competitive advantage in both boats and trucks. Spain's comparative advantage in boats is 3:2 but its comparative advantage in trucks is 2:1. Therefore, Spain Continue Reading...
Economies of South and East Asia Which realm will have the most success in economic growth in the next 20 years? The economy of East Asia has been one of the most successful examples of economic growth that the world has ever known. This region inc Continue Reading...
Ukraine has endured many obstacles in progressing advancement within the country. Ukraine has faced an expanding economic recession last year (2014). Despite the efforts of fiscal consolidation efforts, the nation's public debt rises rapidly. Along Continue Reading...
Angel Creek Economic Platform of Bernie Sanders Bernie Sanders' economic platform is based on the concept of income inequality. As a socialist liberal, his main thesis is that the U.S. economy is producing wealth, but, at the same time, a large inc Continue Reading...
region has over another in the production of a good. The idea is rooted in the question for maximum economic efficiency from a fixed set of assets. What this means is that even if one region can produce everything better than another region, it may Continue Reading...
Managerial Economics The concept of opportunity cost reflects that when an asset is used, that asset cannot be used for something else. So if she chooses to buy a new car, the resources used to make that purchase cannot be utilized anywhere else. Th Continue Reading...
Economic Ideas Economics can be considered as the study of the allocation of scarce resources that have potential alternative uses among the competing and virtually limitless want of consumers in society. The allocation of resources is necessary bot Continue Reading...
Irish Social Order The chapter "Shops, Pubs and Fairs" is about the basic social order that takes place in Ireland. According to the author, this social order is based on a critical interaction between two realms of this country -- both its towns a Continue Reading...
Turkey's Economic History And Development Turkey is one of the European countries whose economy has gradually grown over time. The phases of growth have seen it grow from a slow and informal country to a modern and great country presently making it Continue Reading...
China -- Globalization and Air Pollution Because China has essentially become, as The New York Times explains, " ... the world's factory floor" by producing electronics, clothes and many other goods for America and other nations (as part of its glob Continue Reading...
Exxon Mobile ExxonMobil is the world's largest publicly traded international oil and gas company (ExxonMobil, N.d.). The industry is multifaceted and is composed of many different segments -- everything from the exploration of oil, the refinement pr Continue Reading...
New Deal and Programs to Cure the Great Depression Back in the 1930s, the Americans experienced the worst financial crisis that has ever occurred in the United States' history. In attempts to get back from this particular disaster, the New Deal- a Continue Reading...
BAILOUT OF WALL STREET VS. THE INDIVIDUAL HOMEOWNER BAILOUT Economic Bailout of Wall Street vs. the Individual Homeowner Bailout Proposal Homeowners are always interested in safe financial arrangements regarding their mortgage plans. However, some Continue Reading...
Demographic shifts have had a major impact on HR departments around the globe. Workforces have become much more diverse and this has caused companies to resort to significant changes in the way they mange human resources (Demographic shifts and the H Continue Reading...
PPACA and its implications on existing health care in the United States. The PPACA (Patient Protection and Affordable Care Act) overviews the following factors: Creates an Individual Mandate: it requires the citizens of the United States to have t Continue Reading...
tells that Volkswagen has been found, and admitted to, cheating on emissions tests for its vehicles. That cheating had shown that diesel was cleaner than unleaded, which in turn resulted in favorable tax treatment for diesel. This in turn increased Continue Reading...
daily living standards for those living in the high income, middle income, and low income countries. Things like life expectancy, healthcare, housing, and education will be considered in the discussion. The definition of social stratification shall Continue Reading...
Food Ethics One might think that there are not a lot of ethical standards and policies that could and do apply when it comes to the manufacturing and selling of food. However, that is far from being the case and this has been true for a rather long Continue Reading...
Healthcare Supply and Demand The best way that Sunnydale Care can optimize health care options for residents of this area specific to the clinic's field of expertise of obesity is to utilize an artful and efficacious combination of both exercise imp Continue Reading...
Adam Smith (Biographies, N.d.) Smith's Biography The Wealth of Nations Book I: Of the Causes of Improvement in the productive Powers of Labor Book II: Of the Nature, Accumulation, and Employment of Stock Book III -- IV Adam Smith was one of the Continue Reading...
