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The body of scholarly literature has so far supported the position that the quality of the teacher is critical to educational outcomes. This is particularly pronounced in children's education. The fundamental proposition is that efficacy in teaching inevitably leads to student achievement or that the quality of teachers contributes to improved learning.
These articles are nowadays being used to present historical economic activities and changes in various countries. The essay that follows examines two articles through an economical view in regard to the topics used to extract information about economic issues affecting countries during the period presented in the articles.
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Further, the price of goods shall impose shifts in the supply curve since manufacturers produce more quantity of products when the prices are higher and reduced quantity when the market prices slump down (Boyes, & Melvin, 2013). Therefore, the supply curve shifts downwards or upwards when the present factors in the market seem to challenge the imposed prices to reduce or increase accordingly.
Political independence of FED Name: University: Political independence of FED It is apparent that financial sector plays a critical role in regulating financial matters in a country, particularly the Central Bank. However, political interference has been blamed for continued interference with how the financial regulators operate.
The annual growth witnessed in Russia from 2000 to 2008 is no longer the case. However, there is a search on the part of countries for newer alternatives to energy sources. Climate change is one factor. The increase in prices in 2007-2008 is another reason.
A closed economy sustains itself and the major players include households, firms, government as well as market factors. A good example of a closed economy is where a country does not deal with other foreign economies. The outer flow in the closed economy is one way.
The new rule based on swap trading in the U.S. helped to tackle the conditions in the derivative market. The cross-border transactions in derivatives were assessed more intuitively as per the new regulatory systems. An improvement in the quality of derivative trading helped the economy to trigger potential investments.
Globalization has become a defining process of the present age due to opportunities and threats it poses to across the globe. All the policy makers are now benchmarking their strategies with the impact of globalization. Globalization is widely facilitated and influenced by technological developments both in North and in the South.
Macro & Micro economics Name of the Student Name of the Professor Course Number Date Macro & Micro economics Doll Production Process There are varieties of dolls that are produced in the modern consumer goods market. Though there are certain machines that help to shape up dolls, the production of dolls is majorly a labor intensive method production that requires more of laborers than capital machinery equipments.
This paper delves into the issues facing the Euro. It addresses the past, current and future situation of the Euro. It compares the Euro with other currencies and looks into the contribution of the Euro to the current crisis that faces the countries in the Eurozone. It explains the political and economic reasons and aspects for the existence of the Euro.
Developed by the Cleveland Clinic of the United States, the clinic provides the Abu Dhabi people with rare health care and medical attention services. Developers describe the clinic as aiming to provide people with a range of tertiary medical services, bringing world’s highest medical services to Abu Dhabi.
The professional quality of teachers has a major bearing on student achievement. Moreover, the teachers’ quality plays an imperative role in attaining desired educational outcomes for the students. However, in various scenarios, teacher quality is severely distracted by different internal along with external constraints.
China’s increasing foreign aid in the last decade is aimed at the benefits of China. The strategy behind China’s aid expansion policy follows a different model than the other developed countries and the US. While the developed countries follow a subscription policy to offer foreign aid, China has resorted to the policy of financing the volume of foreign aid.
The income taxes were reduced to half of the prevailing rates at that point of time and the corporate tax rates were also reduced from 39% to 30%. At present the debt obligations of Puerto Rico has piled up to 87 billion dollars and the country with 3.7 million residents is all set to go bankrupt.
On the other had human beings have unlimited wants. In a free market economy, the forces of demand and supply determine the market equilibrium and the prices are determined by the price system. When a country or a company has a comparative advantage compared to the other countries, producing a same good, the country which has the advantage can supply the good at a cheaper rate compared to the other countries.
The Australian retail grocery market is characterised by low growth in terms of population, comparatively small market, along with large distances. These unique features of the industry have created the requirement of ensuring economies of scale for the retailers which operate in the national level in order to deliver food as well as other grocery products to the customers throughout the market in a reliable manner.
The report will be wrapped up by making recommendations on the basis of the economic theory on which it is developed. This report has also presented some of the suggestions that the policy makers, economists and government of Vietnam can use as it would help in stimulating economic growth in the country.
Even though the intended initiative has very strong econometric justification and backing, it cannot serve as an end to a means. Rather, it will be worth it if the bank sees a reduction in interest rates as a means to an end. It was established that existing interventions of economic redemption and revival.
An employer may disregard a potential employee because of their racial prejudices hence limiting them from harnessing from their potential. This is because the job seeker might be from an ethnic minority but their professional skills could go beyond their race as they could be in possession of the required training.
This essay mainly focuses on the assessment of the current macroeconomic developments in the United States. The issues arising from selected policy prescriptions are discussed with reference to government expenditure for maintaining social security system in US. Alternative policy solutions to current crisis are also presented in the paper.
An increase of school tuition should not affect the enrolment for it to increase school revenue. However, you find that even though the increment are within the margins of the tuition that other universities offer, students who are in the lower earning profile will be greatly affected even with minimal increment.
The second determinant is time which affects the price elasticity of demand in such a way that when the consumers are faced with a longer time to adjust to the product prices, then the more elastic the demand of the product becomes. Total revenue also affects the price elasticity of demand in a way that when the price decreases, the quantity demanded will increase thus increasing the total revenue.
In this paper a specific role of microeconomics is explored: how microeconomics can be used for explaining the effects of an economic bailout on the daily life of a city’s life. Reference is made in particular to Detroit and the consequences of the city’s bailout on the citizens from a microeconomics perspective.
The data apparently came from the monitoring agency of the United Nation’s Food and Agriculture Organization (FAO) where monthly food price index was effectively used to measure the apparent changes in international prices of a basket of food commodities.
Macro & Micro economics. The Economic Behaviour of a Firm in a Monopoly Market Structure. Market structures are of various types in the modern economic system. If the analysis is based on the producers market, then monopoly market structure is an exclusive example of a market structure without competition.
While the Republicans prepare to send the bill to the Senate with the hope that it will be passed many, however, believe that a shutdown is most likely. In such a case several thousands of federal workers will work without paychecks and the nonessential workers are likely to face a furlough.
The study is about the market dominance of both the company in terms of different economical parameters. The findings are based on the various article and financial reports published in different magazines, news, and financial report of both the companies and a comparison between these two companies marketing strategies.
30 pages (8375 words)
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, Research Paper
The control of the money supply eventually leads to changes in interest rates prevailing in the economy. These changes are generally introduced so as to influence other macroeconomic variables/factors, which include employment trends in the country, the balance of payments, aggregate demand and supply and production, inflation rates, etc.
The results have shown that the unemployment rate in South Carolina has constantly remained between 6-7%. However, after the credit crunch of 2008, the unemployment rate of the state reached around 10- 11%. The same rate continued until the year 2012. According to the analysis, the rate may also increase in the future (BLS, 2013).
Although economics is a rather complex science, it is nonetheless simplistic about the main theories that constrain behavior. As a function of understanding this to a more complete and well-nuanced degree, the following analysis will discuss how the economic principle of consumer choice and dictating the equilibrium point in supply.
This paper elucidates on the major changes, that took place in the economic front, especially as a result of the crisis, that resulted in diminished access to liquid cash and real capital. Today, building credit has higher prominence than building real wealth because businesses became increasingly dependent on credit to supply goods and services.
It is believed by the analysts in Germany that the primary cause for the Euro crisis is its sticky or rigid policies for all the nations in the EMU. It is believed by them that if ECB does not abolish the views of Bundesbank wisdom while framing its monetary policies, it is difficult to get over with the contemporary Euro crisis (Woodford, 2003).
5 pages (1250 words)
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, Book Report/Review
Sclar. For the completion of the review process, the main aims of the author, his premises and evidences that point out any kind of doubtful assertions or ambiguities will be highlighted upon. In addition, the problematic areas pertaining to the discussions of the author will also be highlighted and discussed upon.
Name: Student Number: Short Essay: Macro & Micro Economics 1. Write a paragraph explaining why a “technology-based” water pollution-control standard might not be the most economically efficient (or cost-effective) way to achieve a given level of reduction in water pollution.
The knowledge that an employee possesses originates from either classroom or on-job-training and more often both. In the recent past, there has been a great controversy as to whether on-job-training or school education is more effective in equipping an employee with effective working knowledge.
4 pages (1000 words)
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Economic forecasting is an important decision-making tool for governments and businesses as they project on the financial strategy and policy. Annualbudgeting and forecasting cannot keep pace with today’s vibrant business situation because the information produced is irrelevant andoutdated.
9 pages (2644 words)
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The FIFA World Cup has been identified as the world’s biggest single-sport event that takes place anywhere (Aslund, 2012). It is hosted quad-annually, meaning once every four years. Once the World Cup bid is up for nomination, several countries put in a bid due to a number of reasons. Generally, countries put in their bids looking at the merits that they will derive from socio-economic perspectives.
The paper has paid special concentration upon the risk tourism by elaborating the financial aspects related to the tourism and tourists as well with the purpose of defining whether or not the curse of terrorism has challenged the financial position of the tourists on the one hand, and the individuals associated with the tourism industry on the other. The paper also aims to elucidate the measures adopted by the authorities with regards to risk management in tourism industry.
3 pages (750 words)
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, Personal Statement
An economic decision involves weighing the related costs against benefits. Also, making an economic decision depends on self interest where a person looks for ways of maximizing the utility gotten from the expenses. Money only influences how much one can afford when allocating to different wants.
According to economic analysts, natural disasters have affected the economy immensely through the loss of the labor force, destruction of investments, and laid out infrastructure. As witnessed, some natural disasters occur within several seconds but the effects that they cause could be devastating.
The scholarly articles chosen for this analysis address issues that are related to China’s social security. The three articles are consistent with the general trend exhibited in the discipline and will thus form the backbone of this analysis to cut across the discipline.
By much the same token, the ability to move products from one place to another is one of the main ways through which a modern consumer era has come to be exhibited within the United States and elsewhere throughout the world. With that being said, it must be understood that the factors which drives the supply and demand for oil are both interesting and help to denote a great deal with regards to the way in which economics impact on the lives of everyone around the globe; due to the finite distribution resources.
In this market, firms enjoy normal profit and the price is equal to the average revenue. This market structure is considered a benchmark for making comparisons with other market structures since it displays high levels of economic efficiency. Allocative efficiency: In the perfectly competitive model price (P) equals marginal cost (MC).
It is shown in the essay, that the various ideas of explaining the development have different areas of emphasis because the theorists who advocate for them feel strongly that their ideas ensures economic growth. These ideas offer different explanations to development and current or future trends of growth for a country.
At the quantity q* the price Pm would be set where goods produced by the firm are supplied at the minimum average total cost i.e. P=MC. This is called Productive Efficiency where the long run equilibrium is reached by the firm in a perfectly competitive market.
The conditions and the consequences of education are varied and in trying to get into too many numerical exercises while doing the empirical analysis, the main essence might be lost in the process. There might also be bias in the selection of the sample. The educational levels of regions and communities vary.
The jet fuel is one of the largest and volatile expenses that the airline incurs. For instance, in 2013 the fuel rose to 26% per gallon from the end of July 2013. Every increase in the price per gallon costs the airline $180 m per annum. Therefore, after two years of recording profit, the United States airline industry lost $4.3 B in the first quarter from the currently available financial statistics (Lehman, 67).
Capitalism is defined as an economic system under which services and goods are owned by the private sector, whereas decisions on distribution, investments, and pricing are made based on a free market system. Socialism, on the other hand, is defined as an economic system whereby the government, whichever party is in power, administrates and owns distribution and production.
Entrepreneurship and technological advancement, in carpet making, are hindered by a lack of financial capital since the population’s income levels are predominantly low. Social capital affects the country’s carpet making process, which revolves around mutual appreciation.
“Farmers and land owners earned huge profits, which attracted planters to the fertile lands of Gulf States. As far as the soil was fertile, farmers were assured of abundant harvest and high rewards “ (Calvo, para 1)As rewards from cotton farming increased, southern planters procured more captives to work in cotton lands and grounds to produce more cotton.