Macro & Microeconomics Essays

Today, however, as a result of new regulations and international cooperation to stabilize global and domestic banks, the UK is emerging from this recession. After the UK government spent well over £62 billion to provide banks with new capital infusions the UK improved the majority of its economic weaknesses.

The number of deaths reported to have already come from the Syrian crisis is not accurate, and figures range from as low as 60,000 people to as high as 200,000 people (Black, 2010). This difference in the figures of the number of

Foreign companies are not interested in acquiring the US oil and energy companies wholesomely. Rather, they have preferred joint ventures that allow international investors to gain access to the oil and gas sectors in the US without taking full ownership of the risks and liabilities associated with the oil industry.

The Indian Ocean is strategically positioned to serve the world and provide shortcuts as well as to link different nations. Nearly all nations depend on the Indian Ocean, directly or indirectly. Because of its importance, there are emerging concerns among nations over its control. Different nations are scrambling for its control beginning with the Middle East nations.

Crude oil declined from$ 105 to around $ 82. However, in the second phase, the oil prices for the crude oil dropped further to $ 50 and IMF suggests that a decrease in the oil price was due to increased demand. The estimates reveal that supply outdid the demand during this phase (Zumbruni, Para 1-4).

The number of part-time workers has increased considerably over the past two years as more people are opting for the same. More people are also opting for starting a business such as recruitment agencies which has increased demand at present as more people are approaching such firms to help them secure a job.  

There are two groups in the town one group is that of local people and the other is that of visitors to the town. By increasing the price for the visitors by 25% than that of local people revenues can be increased. When a law restricts the seller to charge any product or service to a certain limit, it is called the price ceiling.

Monetary currency involves impaction of the government on value of currency by involving a vital bank such as the Federal Reserve Board in order to gain control over value of currency and cut down on inflation. This way, the bureau changes the way

None of these sectors of the society are able to operate without the presence of good and capable institutions around to act as the backbone for stable relations to

Marijuana also referred to as cannabis sativa is arguably the most abused drug not only in the state of Arizona but the whole world in general. However, it is illegal in almost all parts of the world including the United States of America specifically the state of Arizona. Legalizing marijuana will increase the revenue collection of the state. 

It defines a good economist as one who sees secondary and general effects and a bad one as the one who only sees the primary effects. The fact that the public are not interested in listening to the long boring facts that happens to be the truth makes it

Price in a competitive market economy serves two major functions; allocation and rationing. A price is useful in rationing the limited quantity of services or goods among the different buyers who would prefer to purchase them. Consider a case where P1 denotes equilibrium price and Q1 denotes equilibrium quantity.

The rich enjoy the benefits that the country experience. The poor and the less paid citizens live below the average income. Those working in public sectors enjoy fewer benefits unlike those working in the private sectors. Those working in private sectors are well catered for as their salaries increase after a period (Incorporating one society 2012, page 12-32).

Externalities occur when the decisions arrived at by a party fail to factor the costs and benefits likely to be imposed on other parties and the environment. From society’s viewpoint, the presence of externalities can make people undertake too much or too little of a given activity.

ousing sector that has not registered the expected results, an occurrence that has been attributed to the high housing rates in recent past (Timiraos). Personally, I share the same ideology as Nick Timiraos that stakeholders in the housing sector should consider reviewing the

. It is recommendable for the construction leaders to keep the workforce informed about the changing economic scenario and its implications for business. The construction leader should negotiate with the followers to bring all employees on the same platform so that they make their best effort to lead the construction company through the time of economic crisis successfully.

Developed nations, such as the US, non-governmental organizations like the UN, and monetary institutions like The World Bank and the IMF can all take part in enhancing development by granting aid and offering education to the poor nations and ensuring that the aid does not end up being embezzled, and also by providing necessary security that is vital for development.

According to Leegin Incorporation, this was bound to promote competition between the retailers in product promotion and customer service. However, Leegin later discovered that one of the retailers, PSKS, was selling its products at a discounted price (Roberts et al., 2007).

An example is the money supply increases from S1 to S2, it means the price of money i.e. the interest rates will go down and the investment climate will foster. This increase in investments will shift the demand curve towards right. Hence with the increase in money supply, the investment increases as it becomes easier for investors to take loans.

When the willingness to work increases in the economy increases then this will result to an increase in the productivity level, under this case, therefore, there will be a reduction in the interest rates in order to stimulate demand for goods and services as more products will be produced in the economy.

The old story of bank failures still continues in the US. In the year 2008, 25 banks were taken over by the federal deposit insurance corporation. There were only three failures in 2007 and none in 2006 and 2005. The failure of the Washington Mutual Bank in 2008 was the largest banking failure in US banking history. 

Arbitration is a faster and cheaper way of litigation. Arbitration basically implies a way in which disputes are resolved with the help of knowledgeable and learned individuals or a panel known as “Arbitrator”. The arbitrator can even be a third reliable party between the two opponents. They make a decision outside the court of law.

This Business Cycle Dating Committee also identify peak and troughs on the basis of pre-defined definitions of recession and expansion (NBER(a)). The definition of recession, which is used by the

The unemployment has disastrously plummeted from the initial levels in a rate that most people never expected. Despite the

In the movie, the workers are not absorbed into other sectors of the economy. Entry of new members into the labor market indirectly increases the reserve army of the unemployed. The reserve army of the unemployed retains down wages in the competitive market for labor. Capitalists aim to maximize their profits through the exploitation of employees.

The male labour force underutilisation rate increased 0.1 pts to 10.7%. The female labour force underutilisation rate increased 0.2 pts to 14.7%. Labour Force estimates from July 2008 to October 2012 have been revised to align the labour force

The dynamics facilitate the creation and organization of an effective workforce that is able to make a valuable contribution to the increased output and improved performance outcome of the organizational. The workforce needs to be looked upon as valuable human capital whose potential needs to be exploited for gaining leverage in the market. 

Competition law’s primary objective is improving the efficiency of the economy, so that consumers benefit from lower prices, better product quality and enhanced product choice made possible through competition. It achieves this goal by preventing businesses from manipulating the process of competition by agreements with other firms.

The rule of increasing marginal cost states that as productivity increases, the marginal cost of production increases, and the marginal benefits decreases. In our case, the desired results are reduction of weight, and as the person tries to lose more weight the cost needed to achieve this increases explaining why it is hard to lose the last 10 pounds.

To sustain this trend and consolidate its presence in global tourism, the government has invested immensely in several segments to enable efficiency. Heavy investment amounting to billions of dollars has been pumped into infrastructure projects to ease travel and movement both by air and road. 

Democracy safeguards the interest of the people in the sense that just as the real power lies in the hands of the people according to Barber, people elect their owned preferred people based on the choices of policies these have are considered to yield a better payoff for their economic, social, and political needs form the government.

The speed of global transformation is exceptionally fast, and even those who have the expertise to track and evaluate it find it challenging to keep up with its progress. Despite these challenges, the developments are keenly observed and recorded, and the emerging terms soon become common in various spheres of society.  The right term for this trend is globalization.

China is a country that has shown immense resilience in terms of growth and development all over the world. Processes and policies have been followed globally and this is the reason why the Chinese name has become famous. There has been a great deal of development that has happened within the realms of China which cannot be denied.

The agenda included the ongoing talks, which required negotiations on a set of different issues, including both the so-called Singapore issues (investment, trade and competition, government procurement, trade, and the environment, labor market linkages to trade, improvements on trade facilitation) and basic market issues (tariffs and export subsidies).

When individual say one economy is larger, compared to another, an economy is shrinking, or growing, they normally refer to GDP figures (Saylor, 2012). GDP is, therefore, the

The theory of demand and supply is one of the most conventional theories in the discipline of microeconomics that has been the reference point for many to determine equilibrium prices. The intersection between the points of demand and supply forms the basis for the determination of the equilibrium price.

Ibn Khaldun clearly envisages the effect of tax on enticements and productivity he appears to understand the concept of optimum taxation. Ibn Khaldun appears as a forerunner of the prominent American economist Arthur Laffer whose suggestion complements that high rates contract the tax base since decreasing the economic activity.

The government has set a target of 4.5% for inflation. The current rate of inflation is much more than the target. This is why the government is increasing the interest rate prevalent in the country. The IMF in its recent report in April estimated that the country’s GDP will likely decrease due to the strong fiscal and monetary policies of the government.

Goldman’s role in the Tech stocks bubble is evident in the internet era where it took advantage of the investors not knowing about the changes in regulations regarding control of quality standards. It did not observe the new underwriting guidelines and often manipulated

R squared refers to the coefficient of determination and it indicates the extent to which a given data set fits the econometric model. The measure helps in the achievement of accuracy in predictions of some phenomenon. The coefficient of determination is used during hypothetical analysis. The value represents the total number of variations of the model used.

.…….…8 As an active manager of stocks and bonds, we’ve always considered our biggest competitor to be the market indexes. Over time, our clients

The statistics displayed in this particular representative form specifically imply that during the great depression i.e. around 1932 Private sector investments were the lowest hence taxation policies bringing revenue into the country were very small giving a lower annual GDP and in turn resurrecting a crumbling economy.               

The United States is too dependent on oil imported from foreign markets for its energy needs. For many decades, a greater percentage of the crude oil refined in the United States was obtained from domestic oil fields but currently, most of it is imported. This paper will review the information that shows that the United States is too dependent on foreign oil.

The bank’s CEO, Jamie Dimon stated that this debacle was resulting from a combination of several discrepancies including sloppiness in their reporting and bad judgment. Much of the wrath for this detriment is directed to Mr. Bruno Iskil, who heads the London segment of the investment bank. This is majorly due to the magnitude of the transactions he usually undertakes and this has given him a new name “the London Whale”.

In horizontal merger, there is the possible consequence of reduction in the number of participant companies in a sector of business activity, which results in reduced competition. In

Gross Domestic Product (GDP) is the monetary value of all the final goods and services that are produced within a country. In the paper, the data was obtained from the World Factbook. According to the records in the book, it is clearly seen that the Gross Domestic Product of the 22 Arab League members was 2649.6 billion US dollars.

Another economic challenge is that Mexico oil wealth is running out. It is approximated that Mexico has nine years left of oil reserves.

Generally, the circular flow model attempts to explain the circulation of income between households (consumers) and firms (producers) as well as the link between money and resources. Basically, firms employ households (workers), who are compensated for their labour contribution to the production process.

Macroeconomics a branch of economics that deals with the behavior, structure, and decision-making of an economy as a whole has made significant changes worldwide. It is evident that the widespread Ebola, the existing Russian crisis with Ukraine and the Islamic State terrorism will have a negative impact on the global economy in 2015.

It employs the Generalized Methods of Moments (GMM) methodology which facilitates control over unobserved effects that may be specific to a particular State. These effects may result from the joint endogeneity of some of the independent variables in the model. It is important that this is controlled in order to obtain reliable results.