Macro & Microeconomics Essays

The author states that while the southern part of this island formed a separate republic called the Republic of Ireland, Great Britain took hold of the Northern part and 18 provinces are under it. While Northern Ireland forms a part of the United Kingdom, the Southern part enjoys independent and separate governance.

It’s clear that affirmative action is an unfair and outdated social policy that must be repealed for the United States to progress to a more equitable nation. While the policy may have initially served a beneficial purpose, it’s clear that today it functions as a sort of reverse discrimination and it prevents professionals from finding employment. 

The data goes on further to relate these two factors with the ages of women in which it establishes that the older a woman gets, the lower her chances of getting divorced. The odds ratio from the study implies, however, that the higher

The research questions explored by the researchers include: the requirements that a nation needs to meet to hold a significant sporting event, the economic advantages and disadvantages of altering the infrastructure of the host nation and the future benefits of changes in

Large firms are usually very complex and sophisticated, and due to the expansive nature of their operations across the economy, they pose a major risk in event of their failure. This is because numerous small firma and institutions depend on these big firms for the growth and development of their businesses, such as for the supply of their goods and services.

Quantitative easing—QE for short—is a monetary policy strategy used by central banks like the Federal Reserve. With QE, a central bank purchases securities in an attempt to reduce interest rates, increase the supply of money and drive more lending to consumers and businesses.

As such, it is the “pull of tradition and the whip of authority” that steered people to perform their tasks hence there was no need for economics (Heilbroner, 1999, p. 18-21). He

Effective corporate governance is seen to greatly enhance the outcome of a business. By neglecting this aspect, companies have faced even bankruptcy. There are several examples of corporate governance failure. The two major examples are Enron Corporation and Northern Rock Bank. The first was an esteemed energy provider company.

Economic growth can be defined as the increase in the ability of a country to produce services and goods. Economic growth is measured as the increase in GDP. The economic growth of a nation occurs either as the growth of the economy with the help of more resources. Some of these resources include natural capital, physical, and technology.

Various economists have constantly claimed that lack of confidence is a major reason that facilitates financial defaults. It is therefore clear that confidence in economic agents is an

The use of GDP as a measure of economic well-being has several limitations. First, it results in changes in the quality of products by including new goods that replace older products. Second, it does not consider leisure time or how hard people work to produce output; thus, likely to understate change in real income.

Such circumstances lead to a recession of the economy. Keynesian economists suggest that the problem of insufficient aggregate can be solved by government intervention. Hence, it is essential to explore the importance of government participation in business and

In addition, Hong Kong also exports various components of watches including the cases and watch straps just to mention a few. This paper seeks to analyse the external/Macro-environment and Internal/Microenvironment for a possible entry of Peter Roberts watches. This

Based on the paper, free trade has been beneficial to countries involved; however, the extent of benefits in these countries cannot be measured.But seeing that the last free trade agreement was entered 20 years ago, I feel there is a need to revisit its policies. There are considerable changes in technology, communication, and infrastructure as we enter the globalization era.

By way of brief background, MERCOSUR is a trading block in Latin America comprising the countries of Brazil, Argentina, Uruguay, and Paraguay. It has Chile and Bolivia as its associate members. MERCOSUR was formed in 1991 with the objective of facilitating the free movement of goods, services, capital and people among the four-member countries.

This theoretical discussion of economic growth, globalization, and national/political sovereignty constitutes the framework for exploring a case study of two Middle Eastern nations in regard to the measurable effects of these economic principles on their current and prospective economic development, Jordan and Saudi Arabia.

Most of the citizens in the world live and breathe the global capitalist enterprise, enjoying its benefits and having their lives regulated (for better or for worse) by the market, without pondering how this international trade system came to be and who is responsible for its success in ensuring global order.

Furthermore, the GDP does not depict progresses in the quality of life nor the degradation of the environment quality (McEachern, 2011). In addition, this aspect of measuring the economic welfare does not show the decline of the reserve

However, there are myriad of barriers to this international trade that can be categorized as social, cultural, political and economic problems. Social barriers are centered on welfare of a particular community and

In order to reduce the rate of unemployment from 8.2% to a lower rate, the government requires increasing its spending and lowering the rates of taxation. Through lowering the rate of taxation, individuals will be capable of borrowing at low rates, which will promote the establishment and growth of various businesses that can become sources of employment.

Starting from the quantity produced and quantity sold for the first quarter of the Financial Year 2013, in the following graph was depicted the

Therefore, the study aims at proving existence of positive effects of school quality on years of schooling and means earnings of students. The research included a sample from the

e lowest capacity, alcohol abusers at the workplace increase their colleagues’ workloads, cause lower productivity, affect product and service delivery qualities, and in overall view, the employer’s image is tarnished while their health care demands and absence from work

In addition, are effects of exiting the eurozone on both monetary policy and fiscal policy. Finally is how this exit would affect options for financing debt. The problem in

The article, “Uncertainty Is the Enemy of Recovery” by Bill Mcnabb emphasizes the uncertainty associated with the economic development of a country. The major issues such as the slow growth rate associated with Gross Domestic Product (GDP) and the sluggish investment decisions by major business organizations have been more prevalent in recent times.

Poverty exists in every country of this world, hence eradication of poverty is a demand of global justice and this kind of global demand must be incorporated into all areas

Huge growth disparities between the poor and the rich increase the level of poverty to the poor. According to Clack 1800, the majority of the world’s population was comparably poor than their remote ancestors. The lucky denizens in the 18th C

Stagflation is a state of the economy wherein there is high unemployment and the prices of prime commodities are high and also inflation. Stagflation will happen again because we are not in control of the economic situation. There are many factors that are out of our control. In the 1970s, oil prices went up, triggering inflation and high prices of primary commodities.

The identification of opportunities is manifest of the entrepreneurial spirit. The process of venture creation follows a particular path. This includes the planning stage, which involves the identification of a viable opportunity, the application of appropriate technology, the organization stage, and the exchange of ideas.

The group of consumers is technologically oriented and travels a lot making them one of the top-spending customers. Consequently, more marketers and advertisers are increasing the value of gays and lesbians. In order to attract more firms to publish advertisements in their periodicals, gay newspapers redesigned their market strategies.

Piketty accrued immense amounts of data that caused him to deduce that economic equality is not a new challenge. Findings of the basis and effects of capital detail historical revolutions in the focus. These findings enabled Piketty who are applying the evolution of inequality since the onset of the Industrial Revolution.

The global summits will take place in Paris at the end of the year with the goal of limiting the warming caused by human activities. Global warming according to reports should be limited to 2 degrees Celsius, which can be achieved only by reducing the

The response to the attacks by the US has resulted in a loss of liberty and privacy, as the government has used the attacks as an excuse to delve ever more into our personal life. Because of the attacks, library rentals are scrutinized, as is internet surfing. Americans may now be subject to electronic surveillance without warning or warrant.

The vehicles will drive around the buildings until they see another car vacating to reoccupy the parking space. He argues that imposing minimum charges on parking around New York will be of high benefit for the environment and neighborhood

Immigration has been one of the shaping pillars for the United States as a nation, probably more than any other economic, social, or political process. In the past, several transformations concerning the country’s social and economic landscapes, driven by immigration, have occurred in distinct historical times. 

Monopolizing business sectors like electricity industry and gas industry is both beneficial and detrimental to any economy, thus requires maximum

Ethics govern the way persons interact across various entities. Ethics may be developed along personal settings, but are widely acknowledged along communal levels. Some ethics are considered for recognition across the global village, while others are only

One workaround for setting the price is for sellers to charge an entry fee and a very small fixed price for each song. This provides benefits for seller and consumer, as producer surplus can increase and consumer surplus can grow due to the fact that consumers would buy songs than they would otherwise not consider at a higher uniform price.

Due to inflow of foreign commodities, national producers should compete in many different aspects including price, quality, product specification, etc. All this “improvements” due to increased competition is beneficial to final consumers. More competitive

Factor endowment identifies the degree of availability of resources inside a circumstance connected with a discussion. In financial research, the state's aspect endowment can be realized to point out for you the number of aspects connected with output, which is, labor, funds, land and also entrepreneurship attributable to the nation and also which can be taken advantage of with regard to creation (Reinert & Erick, 2008).

It is claimed by some researchers that the financial crisis during 2008 in the U.K. and other Western nations was caused primarily due to deregulation of financial markets, that had significantly gained speed in these nations 1980 onwards. The policy deregulation had drastically lowered control of the government authorities over financial markets of respective economies.

Online music streaming is the enabling of online access to audio contents without the user being able to store the contents permanently on a computing device. This enables the users to gain access to the vast audio collections in different databases without having the need of any permanent transfer of data from and to a computing device.

The rate of change in the price of an asset such as the share of a company is a very strong indicator of the business performance of the company in question and the stock market at large. Meanwhile, Baldauf and Santoni (2011) noted that there are several factors that account for or influence the behavior of assets such as shares.

 Certainly, there are several forces that influence the economic boundaries of firms. The external environmental factors include; competitors, resources, inflation rates, transaction costs, and market trade. Other forces are technology and economic regulations, particularly monetary policies. 

Campo-Flores stipulates that immigrants offer cheap labor, leading to low prices of goods and services in the country. They also help in replenishing the aging workforce in America, which is anticipated to retire in the coming few decades. As a result, the author asks why discrepancy prevails between reality and immigrants’ impact on the economy.

ing the amount of human labor required in production as well as increasing speed of production in various stages of the product development life cycle. Being a rice growing country, the effects of technology on growth in china can best be tested using the rice production change

The comparison is between 1860 and towards the end of the nineteenth century. American industrialization sector lagged behind in comparison to other countries like Germany but towards the end of the nineteenth

Microsoft is mainly a software organization making its money through the sales of the software they develop (Wallace & Erickson, 2010). This is a short summary of what the company does, but it does not tell anywhere close to the complete story. It does not tell you that the company is a business empire that has no equal.

In the last three decades, the last fall in the oil price (2014) was the most significant out of them all. In countries using oil as a major source of production, their GDP halved. In the case of Qatar, the situation is slightly different. This paper seeks to find out the effect of the latest price fall on the GDP of Qatar and its fiscal policy.

The people’s Republic of China (PRC or China, for short) has had a long tradition of isolation. In 1979, Deng Xiaoping opened his country to the world. Although his bloody 1989 put-down of protestors in Tiananmen Square was a definite setback for progress, China is rapidly trying to close the gap between itself and economically advance nations and to establish itself as an economic power in the Pacific Rim.