Macro & Microeconomics Essays

The concept of globalization can be simply defined as the process through which economies and cultures throughout the world are integrated into a global economy so as to enhance cross border trade, foreign direct investment, sharing technological innovations. As scholars point out, this concept significantly promotes the fast cross-border circulation of ideas, languages, and cultural ideologies.

King (1997) defines a recession as a downturn in the economic performance due to the implementation of faulty monetary and fiscal policies in an economy. Recessions within an economy reduce access to credit and raise the inflation rates to supernormal levels. High levels of inflation result in increased commodity prices within an economy.

Evidence of such can be seen not only in the brief analysis which has been performed but in the way in which Europe’s shareholders use any and all means at their disposal to keep the federation intact.  Similarly, if there was not a groundswell of support among the democratically elected governments of the individuals they represent, such an approach would be summarily impossible.

Two different approaches will be applied to show how those independent variables can affect a country’s ability to win medals at the Summer Olympic Games. The Cobb-Douglas production function will be the main tool used to interpret the effectiveness of the input variables, while the fixed effect model will analyze the topic from many different perspectives.

The conclusion from this study states that although the Syrian Government has made significant efforts of reducing income-tax and increasing subsidies for state sector employees, the country faces varied challenges including high unemployment level, oil resource depletion, poor investments, suction laws, as well as, public and external government debt challenges.

Joel Bakan in his book “The Corporation “critically argues that how cost-benefit analysis being used in the automobile industry in the USA where the safety of the car owners is flouted to keep the cost of a car to the lowest and how corporations maximize their margins by employing sweatshop labor force from underdeveloped nations like Bangladesh.

The BP oil spill in the city is also the current problem in the city. Just like a hurricane, the BP oil spill was a hazardous problem in the city. This oil spill has led to the destruction of several amenities and properties. The BP oil spill first causes an effect on the environment of the city which may cause health problems later.

Nations around the world are advocating for sustainable development due to how important it is to ensure the preservation of the environment for future generations. When it comes to the need for achieving sustainable development, there is always much agreement among all stakeholders that this is a necessity that cannot be overlooked.

Each year between $ 1 trillion and $500 billion dollars is estimated laundered by criminals money laundering is has been criminalized world over because of the negative effects it has on the social-political and economic environments in various countries and if uncontrolled it and result in catastrophic effects. 

Globalization leads to the growing interdependence of countries worldwide through the increasing volume and variety of cross- border transactions of goods and services as well as of international capital flows. Globalization links “distant realities”: “local happenings” are influenced by “events” occurring thousands of miles away, and vice versa.

The people of California enjoyed internet tax-free sales for a long time. While many states introduced taxes for sales made online, California did not adopt the law until recently, when it passed a bill taxing online sales. Officials estimated that this taxation would amount to about $500,000 annually

The paper "Port St. Lucie Housing Market Project" is a wonderful example of a research paper on macro and microeconomics. Over the years, Florida has felt the effects of the national mortgage troubles and housing slowdown just like other places in the country. The ever-presence of constructions has changed, home sales dropped as the job losses in the housing-related industries have worsened.

The paper "The Development and Testing of Heckscher-Ohlin Trade Models" is a great example of a literature review on macro and microeconomics. Early in the pre-historic era, before the system of trade was introduced, people in the villages used to store their excess produced crops and grains (Lundvall, et al., (2011).

The theory of comparative advantage and new trade theory shares a similarity as both advocates for the same principle. For instance, they both relate that for a country to benefit from trade, it has to consider trading between opportunity cost ratios. Correspondingly, the two theories support production which minimizes on the resources used as inputs with the aim of maximizing the profit.   

In summary, the documentary highlights the fact that globalization has enhanced market opportunities since countries at different levels of development can now interact through trade in the free market environment. Trade levels have increased and this means more opportunities for employment around the world.

The crisis led to declining financial stability across nations, especially in Europe and the UAE (Savona, Kirton, and Oldani 73). This decline reduced the growth rates In the GCC countries from over 7.0 to less than 1 between 2005 and 2009 respectively. This is because the GCC nation’s highest ratio of their incomes was through oil revenues.

Free market economy presumes that the forces of demand and supply, as well as demographic factors, are sufficient in solving problems that arise from time to time. Moreover, in neoliberal capitalism, the government is supposed to strictly offer infrastructural support for the markets and leave free markets to solve their economic coordination problems.

One of the links is the high-speed railway project between Thailand and China that will link the Chinese border to the Thailand ports. China plans to become a high-speed rail power in South East Asia. The project is all about connecting the rest of the World and China in a bid to promote economic growth (Jinchen 2017).

The paper “Effects of Government Structures on Growth, Sustainability, and Development of Nations” is a cogent example of a macro & microeconomics research proposal. Government systems negatively or positively impacted the economic development of their nations. Capitalism is whereby all governmental systems and institutions are democratic in nature and all properties are self-owned by citizens.

The paper “Why and How Nationwide Economy Increase Reshape the Consumption Structure of Society?” is a meaty example of a macro & microeconomics research paper. The economy of a nation or region is a large set of inter-related activities of production and consumption that assist in determining the way scarce resources are distributed.

China is the world's most populous country, with a continuous culture stretching back nearly 4,000 years. China started to come up economically in the 1950s. According to Jinglian, W (2006), the current Chinese economic reforms have resulted in significant progress in the last twenty years. In the early 1980s China dismantled collective farming and allowed private enterprise again.

Although economic conditions are critically important, they cannot be separated from non-economic factors. Conversely, for economic policies to be effective, they must consider the capacity of a society, meaning its institutions and resources, to solve any problems that would result from divisions and tensions which cause recurring violence.

Inflation, in terms of economics, is a universal economic phenomenon in which the prices of all commodities go on increasing except money. All the countries are experiencing problems caused by inflation. The public concern about inflation generally results in outbursts against the ruling government.

In this essay, the differences between moral hazard and adverse section and their effects on insurance markets are discussed. The discussion also shows that there can be different solutions to moral hazard depending on different levels of care taken and different levels of cover. These include partial coverage and observation by insurers.   

The authors cited an economic blueprint that is clearly outdated because the circumstances in which it was originally formulated were much different, with the world's population barely just a little over a billion at that time and natural resources seemed inexhaustible (ibid). Again, oil is an excellent example of then and now.

Cigarette tax increases are recognized as less effective with a quit rate constituting 66%. These data lead to the conclusion that tax increase is only conveniently believed to be the most effective method to combat the smoking rate.  Levy also reveals how ineffective are smoke-free air laws and education policies with their quit rates of 31.8% and 18.2% respectively.

It helps in reducing the imbalances between the rural consumers and the urban consumers and increasing the opportunities of the rural mass. Wal-Mart can offer products at a very low price. Larger the Scale of Production the larger is the cost advantages enjoyed by the producers.Wal-Mart could offer a lower price because of this cost advantage it enjoys and also by forcing the suppliers to lower the supply price.

Although the major argument for economic growth is that of increased living standards, it has to be understood that it cannot be increased merely by an increase in national income. Several other indicators show increased living standards. This might include the quality of education, health, and medicine among other factors.

The trade barriers are broken and the markets are opened up to all. There arises mobility of labour and capital; trade becomes free across the nations. The term globalisation brings about the formation of capitalism around the world. Internationalisation is not the same as globalisation as it still recognises the units involved whereas globalisation takes the aggregate total to be a single society.

The paper “How Demand and Supply Affect Activities in the Property Markets” is a bright example of a macro & microeconomics essay. The concepts of demand and supply underpin the very basics of economics. In a free-market economy, demand and supply interact with each other to determine the market equilibrium i.e. a price at which the number of goods demanded equals the quantity supplied.

The paper  “Recessions and Depression - Understanding Business Cycles” is a meaty example of a macro & microeconomics literature review. In most cases, the economy is influenced either through the directive of the chairperson of the Fed or the president. These controls in the economy are directed through the Federal Reserve's use of monetary policy tools.

The existence of any company is of great economic value to the surrounding community. When a company decides to end its operations either because of poor management or high labor costs this becomes an issue of public concern. Generally, people recognize a company differently and attach different importance to it.

The paper “The Federal Reserve and Macroeconomic Factors” is an informative example of a macro & microeconomics essay. The Federal Reserve refers to a system of federal banks charged with regulating the U.S money supply through the use of Federal Reserve tools such as setting the discount rate and buying U.S securities.

The paper "Competitive Balance in North American Sports and European Sports" is an outstanding example of a macro & microeconomics essay. The approaches and policies used to achieve competitive balance in North American sports and European sports is usually based on an examination of competitive balance philosophy and policy in North American and European professional sports organisations.

The paper "Pros and Cons of Employment of University Workers on Contract" is a good example of a literature review on macro and microecoonmics. According to Kube, Maréchal, & Puppe (2012, p. 1646), companies are concerned about the nature of employees’ motivation plans that may produce desirable results in their businesses.

The paper "Quantitative Easing as a Highway to Hyperinflation" is a wonderful example of a literature review on macro and microeconomics. Quantitative easing (QE) basically refers to increasing the quantity of money supplied or subsequently easing credit settings in the anticipation of inspiring a stationary economy (Taylor and Weerapana 3).

The paper "Fiscal Policies as the Best Way of Achieving the Macroeconomic Objectives of an Economy" is a perfect example of a literature review on macro and microeconomics. Fiscal policies are the best way of achieving the macroeconomic objectives of an economy Fiscal policies can be defined as the government program of making discretionary modifications in the pattern and level of its taxation.

Globalization is the topic of the 21st century. It means different things to diverse people but the most vital aspect is the economic dimension of globalization. Globalization is not only the process of international integration required to increase the world market connections and relations in business affairs, but it is also a connection between and integration of cultures.  

This research will begin with the statement that an exchange-traded fund (ETF) refers to an investment fund that is majorly traded on stock exchange market just like many other stocks. An ETF is in the hold of assets such as commodities, bonds, trades and stocks that are closer to the net value of the assets in the progress of the trading day.

The paper "Evaluation of the Market in the UK Energy" is a great example of a literature review on macro and microeconomics. The office of gas and electricity market (OFGEM) is the regulator of natural gas and electricity in the UK. It has powers of acting so from the government as well as from the community legislation. OFGEM acts as the regulator of the electricity and gas markets.

The paper "Market for Intellect Property" is a great example of an essay on macro and microeconomics. Intellectual property is a term commonly used in reference to creation that results from an individual’s creative thinking. Therefore, an intellectual property might refer to inventions; designs; images; names; and literary and artistic works.

The paper "Whether Keyness Theory and Policy Is Still Relevant to Today's Post-Crisis Situation" is an exceptional example of an essay on macro and microeconomics. In his book “General Theory” Keynes severely made some criticism of the classical employment theory. His employment theory is based on criticism of Say’s classical theory.

The paper "Where Will Next Financial Crisis Begin" is a wonderful example of a literature review on macro and microeconomics. The literature review was done by me, after I came across an article published in the Washington Times, on Thursday, 21st March 2013 by Richard Rahn. The name of the article was “ Where will the next financial crisis begin ?”.

The paper "The United Kingdom’s Housing Market" is a perfect example of a literature review on macro and microeconomics. The 2007 global financial crisis had a great impact on Britain’s housing market. Housing prices suddenly increased to a great extent due to insufficient houses built which affected the demands of local people (Agnello and Schuknecht, 2011).

The paper  “The Poverties in China, India, and other Developing Countries”  is an outstanding example of a macro & microeconomics literature review. Poverty has been defined as the measure of purchasing power parity where the expenditure of the citizens on basic commodities like food is used to measure the level of poverty.

Inflation reduces the spending power of the consumer and erodes the value of their savings. Left unchecked, it can devastate an economy. Though usually caused by government upheaval, short-term spikes in the prices of necessary goods such as energy can cause it. Business can probably have the greatest effect on inflation.

The principles of the WTO trading system are based on trade without discrimination, free trade, predictability, promotion of fair competition, and encouraging economic development and reform. The most-favored-nation (MFN) is required to treat other nations and peoples equally. If the MFN treats one nation a certain way, it must treat all of the WTO nations the same. This applies to all other WTO members.

It is essential to state that the microbes persist to endure despite the fresh invention of Antibiotics. The latest surfacing of several viral and bacterial diseases is gaining fresh mutational advantages in causing uncharacteristic presentations and the rate of incidence of diseases and mortality (Rao, Susheela, & Kumar, 2007).

Today the world is changing rapidly and after a period of 30 years, we would experience a totally new form of the economic environment, which would not have many similarities with the past. Although the USA is considered to be the most powerful economy, its growth has sluggish in the past decades. It is not expected to undergo any rapid improvements in the recent future.

Economics is broken down into two branches. One deals with the basic principles of supply and demand (microeconomics) while the other deals with principles involved in the national economy (macroeconomics). Microeconomics study how decisions of allocating limited resources made by households, individuals, or firms in the market are affected.