We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Applied Economics - Essay Example

Comments (0)
Summary
As a result, most of its implications have been based on assumptions. Hence, there is need to evaluate impact of financial transaction tax through…
Download full paper
GRAB THE BEST PAPER
Applied Economics
Read TextPreview

Extract of sample
Applied Economics

Download file to see previous pages... Concerning the four countries in question it is evident that the rate of growth of the Gross domestic product varies from one country to another (The world bank, 2014). Based on the comparison among the four countries it is apparent that a high volume of Money at LCU corresponds with a low gross domestic product and a low volume of money at LCU corresponds with a high gross domestic product. Money at LCU is one of the significant economic indicators since it refers to the money that is in circulation (Econstats, 2014). In this case, financial transaction tax will have a direct impact on the money at LCU. In this case, financial transaction tax will lead to a decrease for money at LCU. Based on the relationship between money at LCU and GDP a reduction in the money at LCU will raise the rate of GDP for a given country. Consequently, this will have a reduction in money at LCU will lead to reduction in inflation since it will reduce the spending habits of residents in a country. On the other hand, an increased local currency unit volume will increase money supply, which may lead to inflation (Eisenstein, C. 2011, 295).
In conclusion, an analysis of the four data variables Inflation, money at its local currency unit (LCU), and revenue collected form tax and the gross domestic product outlines that financial transaction tax can have an impact on the economy of a country. Because financial transaction tax can regulate the money supply of a country, it can have an effect on the economic activities of a country. As a result, financial transaction tax can be used to stabilize economic conditions of a ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Applied statistics for economics
Analysis of time series data and forecasting has been used in many fields and most commonly in the stock market prediction using the past data. Time series analysis is a form of statistical data analysis on a series of sequential data points that are usually measured at uniform time intervals over a period of time.
10 Pages(2500 words)Essay
Economics
Federal government uses macroeconomics to assess and analyze the alterations in rates of taxation and supply of money which in turn influence the economic parameters like inflation and unemployment. John Maynard Keynes developed Macroeconomics in order to build theory and policies in order to ensure Great Depression of the 30s does not happen again.
6 Pages(1500 words)Essay
Applied Economics
The bank obtained operational independence to set the UK monetary policy in the year 1997. In April 2013, key operational changes were enacted on the bank since the financial crisis displayed the necessity for a novel approach to financial regulation (Conaghan, 2012).
8 Pages(2000 words)Essay
Behavioural Economics: The New Era
This approach has attracted various criticisms over time which had spurred wide debate among academicians. The recent global financial markets turmoil bears testimony to the fact that economic agents do not always behave in a way, which is predicted by the mathematical model of probability.
7 Pages(1750 words)Essay
Gasoline Economics
power and its regulation (Holdich, & Chianelli, 2008). Equilibrium price is determined more or less by some of the same above factors in addition to the level of supply and the elasticity of supply. In other words the supply of gasoline is relatively inelastic.
7 Pages(1750 words)Essay
Applied Theory of Economics
That is why to capitalize on far cheaper labor in the developing world; production has been increasingly shifted to the developing world to drive costs down. And the very practice has served as the engine of growth for this era of globalization. At no point has the world economy in total been so huge .And both the developing and the developed world has reaped the benefits of such prosperity.
4 Pages(1000 words)Essay
Applied Economics
'Krugman & Obstfeld derive the following basic equation for aggregate demand (AD): The monetary policy implies the quantity of money supplied in the economy. This directly affects the aggregate demand. 'According to DornBusch (2005), a change in the nominal money stock brings a proportionate change in the aggregate demand schedule.'2
7 Pages(1750 words)Essay
The Principles of Economics Applied in Real Life
The unemployment rate in the United States used had been hovering below 5% for the past few years. During the past year the unemployment rate in the United States has nearly doubled to reach the mark of 9.4% as of June of 2009. It seems
2 Pages(500 words)Essay
Business Economics
Moynihan and Titley (2001) have said that United Kingdom was the first country to revolutionize. It is the first industrialized country. However, these days the same country has been undergoing de industrialization. These days it has been
10 Pages(2500 words)Essay
Applied economics
The human capital, as an investment, requires a cost and, at the same time, payment for any return over the monetary or non-monetary lifetime. According to Harmon et al (2003), extensive research works and literature have been
4 Pages(1000 words)Essay
Let us find you another Essay on topic Applied Economics for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us