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The Economist (2010) reported that as per the statistics available, 85% of Chinese say that they are satisfied with their lives. Moreover, large majorities of people in China say their country’s current economic situation is good, expect conditions to improve further, and think their children will be better off than they are (The Economist).
The growth of the motor vehicle industry will boost the growth of the auto-parts industry. Not only the local automobile industries but many global automobile industries established in the fast-growing Chinese market. The positive state of the market is visible and either the existing industries are expanding their business or new industries are entering the market.
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The Foundation against Homelessness, in the realization of its vision, shall build alternative communities that will provide accessible adequate housing to the needy regardless of color, and belief; and that shall mentally, economically, physically, and psychologically capacitate residents by providing free basic social services and developing economic cooperation within and outside.
At the moment of the subprime crisis, Federal funds were liquidated and rates were lowered down to provide money injection to financial institutions. In the period of last three years, the monetary and fiscal policy has been aggressive due to the falling of money holding capacity by banks and other financial institutions.
XTO operations will not suffer in want of financial resource which the company was facing premerger. This was the constraint the company was facing in harnessing new acreages. The chances of its growth at the phenomenal rate are pretty high by way of reducing its economic cost, and harnessing its resource base fully.
The paper "Illicit Smokes Up 25% since Tax Rise" is a great example of a case study on macro and microeconomics. The article “Illicit Smokes up 25% since tax rise” by Eli Greenblat talks about the effects of increased taxes on the illegal trade and smuggling of cigarettes in Australia.
The topic needs a collection of data from respondents by the process of collating their ideas by taking notes with the use of a question and answer tool. With my personal approach and explanation of the basics of the study to the respondents, we avoid misconceptions from the subject matter and somehow grasp their trust.
The depreciation tax saving is the amount that GP Manufacturer will be saving because as depreciation is charged as an expense in the income statement, the earnings before tax will decrease; hence, fewer taxes will be charged compared to when no depreciation was charged. Thus, the company will save in taxes because of the depreciation.
The rise of mercantilism and its impact dominated Western Europe throughout the given phase. The development of mercantilism emerged as an outcome of friction among the monarchs and the then feudal class focusing basically on who will authorize their supremacy over territories and have immense control over wealth expansion.
The paper "The Market Share of Samsung Smartphones " is a wonderful example of a case study on macro and microeconomics. The demand factors that affect the profitability of Samsung are 1) Income: The affordability factor plays a vital role in the growth of companies like Samsung.
The US economy has many challenges especially from the year 2008 when it experienced a recession, high inflation, and high unemployment rates. The recession is reported to be officially over and a new period of new economic growth is expected in 2012 and in the years to follow. The recession is officially said to have ended by the third quarter of 2009.
Different governments had different fiscal policies thus limited time to implement the already established fiscal policies. A good example is the coalition government that came to power in the UK which accommodated both the liberal and the conservative. This government had a completely different fiscal policy.
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Many people give up seeking the job for the reasons such as they want to retire or for a domestic reason such as childcare. The numbers of employed people are reduced by 169,000 through the broader unemployment rate has remained unchanged in the month of April. The broader unemployment rate takes into account, everyone.
The market (the generic segment) is notable for its high bargain prices from the competition experienced (Duke, 2003). It also has a vast variety of products. It entails the sale of generic cigarettes. Genuine generics are in plain white packages with their contents labeled using black letters. They are known as black and whites.
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Some other cities like Hong Kong struggle through the odds and become financial centers. The book by Kennedy analyzes the situation by drawing from geography, technology, economics, business management, and architecture. In order to look into the issue, the work narrates the history of several urban centers ranging from Venice, London, New York.
With the increase in its consumption by countries like India and China, the world consumption of oil is expected to rise in the future. The world dependence on oil is proving to be very damaging for the country and the environment as well. The production, the use of oil destructing our environment will be harmful to the future generations.
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As the book opens, Cowen examines the dominance of Haitian music among numerous cross-cultural regions. His arguments in this context arise to dispel popular notions concerning the unpopularity of the Haitian entertainment industry that equates the popularity, instead, with the huge financial investments.
As much as it may be said that Iphone5 put some companies out of business, its economic contribution far outweighs the said demerit. With the growing demand for quality smartphones like apple’s Iphone5, the market is bound to see more of these phones which are becoming better with time and advanced in technology.
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When did Globalization Begin is an article written by O’Rourke, Kevin and Jeffrey G.Williamson in 2002. The article seeks to unravel the exact period when the process of globalization began. However, the authors are keen to use only one factor in guiding them to the approximate period when globalization began.
The paper "Economics Assessment of South Korea and North Korea" is a perfect example of a macro & microeconomics case study. Central Intelligence Agency (2013) states “After World War II, a democratic-based government (Republic of Korea, ROK) was set up in the southern half of the Korean Peninsula while a Communist-style government was installed in the north (Democratic People's Republic of Korea, DPRK).”
The paper "Impact of Changing Market Conditions - Marks and Spencer " is a perfect example of a macro & microeconomics case study. Several rapid economic changes all the time more affect many businesses globally either optimistically or unenthusiastically. Technology and globalization have to the highest degree contributed to undeniable changes in the commerce world and the impact is felt ubiquitously.
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One of the essential steps that could be taken was to increase the amount of fine from $3 to more with every repeat occurrence. It is due to the reason that most of the parents might repeat the same thing of coming late sacrificing the amount charged as fines, which might be quite minimal as per their purchase capacity.
The paper "AutoEdge Analysis " is a perfect example of a macro & microeconomics case study. This paper is an analytical examination of AutoEdge in a marketing/ economic context. The analysis is going to focus on certain functional aspects of the company such as market structure, competitor analysis, and market forces with a particular focus on price elasticity, demand elasticity, pricing structure, market position etc.
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The entire intelligentsia was too confident in the narrative that markets are always efficient and self-regulated where the government intervention must be minimal as it would be a deterrence for the market forces. In this context, Rodrick points out the paradox that where globalization is the only way to take millions out of poverty line.
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The writer observes that the economic issues show similarity throughout the capitalism history, typically being composed of boom and bust rhythms. In his book he praises himself since no other economist in the world had foreseen the current crisis with as much clarity and specificity as he did.
The Republic of China has experienced immense economic growth as a developing nation in the past years mainly due to its sustainable trade, social, and health policies. Adoption of the one-child policy after the realization of rapid population growth remained imperative towards realization of a sustainable economy. However, the one-child policy has resulted in imbalance in the female to male ratio.
The paper "Low-Calorie Frozen, Microwavable Food Industry" is a perfect example of a macro & microeconomics case study. The low-calorie microwavable food industry is characterized by numerous sellers. Consequently, improvement in technology and increase in people’s income has increased the demand for microwaves hence raising microwavable food’s demand (Graf &Saguy, 2006).
Conclusively, the IMF policies have played a huge role in enhancing international business. Although not all IMF policies target international trade increments, they have positive implications that facilitate their growth. For example, through trade liberalization international trade has been boosted with more countries joining the trade.
The paper "Tesla Motors Company - Macroeconomic Variables" is a perfect example of a macro & microeconomics case study. Tesla Motors Company specializes in the production of electric cars and components of an electric powertrain vehicle. The company has so far produced various models of vehicles such as the Tesla Roadster an electric sports car, Model S, Model X, and Model 3.
The paper "Technical Analysis and Efficient Market Hypothesis" is an outstanding example of an assignment on macro and microeconomics. Technical analysis refers to a security analysis method that forecasts the direction of prices by studying past market trends especially the prices and volume. The efficient market hypothesis argues that stock markets are unpredictable.
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Admittedly, the journal article selected for writing referee report is the article published in American Economic Review in June 2006. It is written by two able professors DellaVigna Stefano and Ulrike Malmendier who teach in University of California at Berkeley and Stanford University respectively.
The paper "Economies of Cities and Regions: Parramatta" is a worthy example of a case study on macro and microeconomics. Parramatta is a city located in the western part of Sydney. It is known for its nice parks and historic sites. With a population close to 200,000, Parramatta is home to a workforce of more than half of that population.
Poland has had one of the best performing economies in Europe in the past decade. Poland’s economy has been so stable that among all European countries, the county was the only one unaffected by the recession of 2008. Since 2000, the country has been among the best economic performers, emerging 6th in Europe, and 21st globally, as per 2012 (Bielicki, 2005).
Compared to its pre-20th-century roles, the state has taken on vast and new roles, including the provision of health care, infrastructures, and several other programs that usually comprise a contemporary welfare state. The traditional state was mainly concerned with the administration of law and order, provision of natural defense, and several public goods.
Proposed economic policies by countries often receive and attract debates and arguments from key industry players who will be affected when said instruments are adopted. Such is the tax reform. There have been numerous studies that explored the reform’s impact on tax incidence and the new system’s progress.
Conversely, movement along a demand curve follows changes in price. While discussing shifts in the demand curve, various examples were given and supported in a graphical illustration. In the scenario of the service sector, shifts can be caused by changes in employment, expenditure, output, prices, and productivity.
The paper "Causes of Poverty in Saudi Arabia" is a perfect example of a macro & microeconomics case study. Saudi Arabia is among the richest countries in the world. The economy depends on oil, and the economy is growing continuously while the reputation of extravagance and in some instances, excess has been documented.
The paper “Impact of Financial Crisis on the Economy’s Performance” is a forceful example of a macro & microeconomics case study. The financial crisis has a long-term impact on the economy’s performance and is followed by a wave of the government defaulting on its debt obligations.
The paper “Political Economy of Japan” is an actual example of a macro & microeconomics case study. Political economy refers to a perspective drawn upon the economics of a certain country or region, legal environment, and political orientations to elaborate how economic systems such as capitalist, socialist, or the mix of the two influence each other and the Foreign Direct Investment.
My reason for choosing commercial law is based upon my early awareness in this area and a recognition of the global marketplace that has opened up. I realize that the parameters of business are changing and with free trade and the development of the European Union, new scenarios are opening up which present unprecedented legal challenges.
The elasticity of demand would play a crucial role in determining the magnitude of shifts in equilibrium price and quantity. As is evident from the diagram, if the demand curve is elastic (D2), implying customers are quite sensitive to price changes, then the hike in supply causing a relatively smaller fall in prices.
The author states that China's economy is growing rapidly. In 2003, China's GDP was $1.4 trillion. By that measure, China was the seventh-largest economy in the world. The economy οf the United States is still by far the world's biggest and with a 2003 GDP οf $10.1 trillion it is seven times the size οf China's.
The author states that since the world was created, resources were scattered all over its features. Upon the division and conquest of land by man, followed by industrialization, it became impossible for any one economy to provide everything for its people. This resulted in trade between nations.
A memorandum will be sent to the employee association. It will emphasize the fact that the existence and viability of the company are at stake, and that without taking the drastic action of cutting the budget for the ensuing fiscal period, the company will be forced to file for bankruptcy protection.
Effect on quantity supplied operates through influencing the costs of production. If the costs of production increase, then the price at which a seller was willing to sell a given quantity rises. Thus the supply curve shifts upwards implying fewer amounts to be sold at each price. This can occur if, for instance, input prices increase.
The author states that though Childrenswear has underperformed in the total clothing market from the last 10 years, recently the industry is experiencing a significant contribution to the total clothing market. The value sector in 2006 accounted for 35.9% of all UK childrenswear sales, whereas the total clothing market accounted for 23.6%.
An ancient civilization and an emerging economic powerhouse in the heart of Asia, China is quickly developing one of the strongest economies in the world. Chinese products can be found all over the world from Athens to Zurich and since its cautious embrace of a more market-oriented capitalist outlook, the modern People’s Republic of China has exhibited phenomenal economic growth.
There were changes in the regulations as well as laxity in adherence to the normal process of lending and low-interest rates. Equity markets collapsed and the crises spread all over world economies through the credit crunch leading to a recession and solvency in the banking system (BBC News Wed. 21 Nov. 2007).
Contractionary monetary policy will increase the cost of borrowed funds and this may reduce the profitability of a business due to increased production costs. This policy will also discourage new investment due to the high cost of borrowed funds, finally, individuals in the economy will not have excess money that may be borrowed.
These cultural changes are viewed both positively as well as negatively. Some critics’ claim that the changes brought on by globalization is destroying the local culture and tradition. The globalization is now slowly changing itself to ‘Americanization’, with the American culture spreading to most of the countries in the world.