Macro & Microeconomics Essays

The book has a unique combination of economic concept and political philosophy which has been used to present the views. The crux of the book lies in its emphasis on freedom both human and economic, and also the concept of equity. The concept of Adam Smith’s laissez faire approach has been used to point out the essence of freedom and examples have been cited to show the distortions that occur in the economy due to excessive government rules, policies, and regulations.

It is within Macro economics that unemployment rate is discussed. There are two policies in macro economics that determine to explain unemployment and they are fiscal and monetary policies. Discussion Macro economics as field in economics has its roots from business cycle theory and monetary theory.

US Economic Research Paper Proper functioning of the economy of a country is vital for the achieving of the long-term goals and objectives of its population. In the economy, the major drivers are the demand and supply of goods and services, either within the country or outside its national boundaries.

Socially responsible investment is a process that incorporates ethical, social, and environmental considerations into investment decision-making criteria. Unlike conventional investment, socially responsible investment funds apply a set of investment checks or screens to exclude or select assets based on ethical, social, ecological, or corporate governance criteria.

One of the most important changes was the rapid fall in prices of spectacles, because of new entry and increased competition, immediately after the application of those deregulatory policies. However, this sharp decline in prices of spectacles could not be sustained and prices again started to rise due to greater product differentiation.

Even though it is undisputable fact that education and training make a significant contribution to the economy, it is evident that calculation of returns from human capital investments may prove difficult. Lastly, since the impact of education and training on the economy is immense, the government should provide more incentives.

It is also a company that is listed in the stock exchange and has been performing quite well in recent years. The demand for petroleum products is mainly influenced by their prices and the growth rates being witnessed around the world. Many countries have achieved tremendous population growths and require to support their manufacturing industries that mainly depend on petroleum products.

Contemporary global economies operate amidst many turbulences and dynamism. Nonetheless, most economies have been able to exhibit resilience and remained stronger. Economic turbulence and dynamisms have affected different industries within various global economies. China’s banking industry has not been spared from such turbulences and dynamisms hence the need to analyze its technical efficiency.

Similarly, the converse will also hold true. The elasticity of a product with respect to demand will be dependent on several factors. These include the proportion of the product’s rice to the income levels of its buyers, the prices of the substitute and complementary goods, and general tastes and preferences (Gillen, Morrison, and Stewart 1).

These technological developments play a pivotal role in designing and reshaping businesses and economies. Outsourcing phenomenon is inherently driven by the technology and today it has grown into an inevitable business reality, especially multinational business entities cannot escape this reality. 

This essay analyzes factors that must be put into place by various governments in order to improve their economies. These factors include non interference of the state into the running of the economy, zero tolerance to corruption, investing in technological advancement and improving the levels of education.

Introduction The demand for fuel is ever increasing. If the current scenario continues, the oil reserves will soon be exhausted. In this context, use of oil leads to flow of precious foreign reserves from the developing countries and sheds a negative impact on the balance of payments of an economy apart from causing environmental hazards.

Introduction The announcement of the merger was made in March, 2011. The antitrust division of United States Department of Justice made itself clear on blocking the merger on antitrust grounds. They moved to the federal court and ultimately in the last month of the same year the merger was finally abandoned by AT&T.

According to his research, education plays a great role in enhancing the earning that an individual gets. As he was doing his research, he came up with an earning natural logarithm model. This model used different factors in calculating the earnings of different individuals. These factors include the level of education that one has and the experience that one has in a market that has potential.

This essay primarily focuses on theoretic analysis of monopsony model of labor, standard competitive model of labor and the efficiency wage model of labor with an aim of establishing the quantitative impact of fixation of minimum wage on the unemployment. Different types of markets demonstrate different results, when it comes to that relationship

This indicates how unemployment has emerged to be big issue not only a in the united state but also in other parts of the world (Peng & Mike P 146).The news article on “Job-Hunt Time Shrinks in U.S. From Record High” focuses on the issue of unemployment (Steve, Rich & Jeanna, para-1-10).

According to the scenario of emerging development of the modern business environment, the technological forces can be regarded as one of the major and effective drivers of globalisation. The rapid advancement of technology plays a vital role in the process of globalisation. Organisations tend to focus on executing their business activities. 

Video game industry in North America Name Institution Date Video game industry in North America Introduction The video game industry in the North American continent is an industry that has offered employment opportunities for many on the global scale through the creation, distribution, and the sale of video game products.

The electronic submission process of various kinds of documents is one of the common activities of the present days. The electronic submission process is simply defined as a process by which acknowledgment, receipt, routing, and notification to the receiving center are sent over electronic networks (Weinberg, 2009)

The micro environmental factors include product, price, place and promotions of products in contest to the market. The macro environmental factors are those factors which are not directly under the control of the firm. These factors include the political, economic, social, legal factors associated with the business in context to the market.

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.

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.

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.

With the lapse of time, cinematography along with entertaining functions also obtained educational influence that lately managed to widen its development and popularization in modern society. A bright example of a movie with deep purport and encouragement for further reflection can be suggested in a work called Modern Times by Charlie Chaplin.

The main focus in this paper is on theoretical underpinning of the economic growth concept. The essay also focuses on interrelationships between the rate of growth and the poverty rate. Scholars have defined economic growth as the increase in the value rated in goods and services produced by countries in relation to their economic activities.

One of the environmental changes that occurred over the organization’s life was the legislation in the 1930s that required listed companies to submit their statements of financial position. This shifted attention to the Anderson whose decision into ethical practice led to the legislation.

Poverty denies the population access to basic resources such as education. This implies that poor families have domesticated poverty. In a bid to reverse their poor state, they peddle their unskilled labor cheaply to foreign companies. Major foreign investors thus benefit from the cheaper operational costs.

This paper focuses on the qualitative evaluation of U.S. current economic policies towards Asian economies. In the age of globalization, the growth of the developed nations became sustainable and the scope for progress of the developing nations improved. The changes in the state of affairs in US greatly affected the Asian economies.

The economic growth of a nation is actually the growth of the Gross National Product (GNP) of a country. This is the measurement that denotes the aggregate value of final goods and services produced by the nationals of a nation, either within their own domestic territory or across the international borders.

The paper tells that the current state of the UK mobile telecom segment is identified by extraordinary competition that hinges on price, package bundling and customer service. The preceding defines the major changes in the market that have been led by changing consumer tastes, demands and increased sophistication with varied packages that this study will delve into.

The author states that the healthcare reform has nationalized its system at the cost of $940 billion.  Such amount is exacted from budget cuts, taxation and government funding. On a positive note, it was perceived to have reduced the national fiscal deficiency by $1.2 trillion. This was perceived as the strategic resolution.

This research will begin with the statement that one of the main trends of development of modern society is globalization. One of the strongest trends in the modern world is globalization. The process of globalization has led to the creation of the united and single world, where national and other barriers do not play the significant role anymore.

According to the essay, fundamentals of the original theory of neutrality of money had been violated many times. Strong argument presented against the applicability of neutrality of money as defined by classical economists is that in most of the cases, prices and wages are sticky in the short run and hence, cannot be altered within a short notice.

This paper focuses on the development processes in three African countries, Libya, Ethiopia and Kenya, and aims to establish what models of development are implemented in each country and the results of their appliance. It was established in the essay, that the four theories of development greatly vary from one developing country to another.

One method of mitigating the problem of time-inconsistency was tried in a New Zealand bank, where the government employment contract contained the clause that the Governor could be dismissed if the inflation rate was more than a certain amount above the government’s target. In the Euro system, the problem of time inconsistency has been solved by banking strategy and transparency.

The investment bubble is now a well-known phenomenon that has taken place in various classes of assets such as real estate, stock market, or bullion markets throughout the world. When a particular class of investment performs extraordinarily well, it draws the attention of a variety of retail investors. Having found an opportunity, they rush and invest in that class of asset thinking a lot of heat is still remaining.

Economics is the social science that deals with money, markets, individuals, investments, the economy, etc.  Economics has two main branches “Microeconomics and macroeconomics”. Microeconomics deal with individuals and how they earn their livelihood whereas macroeconomics deals with aggregate issues or the economy as a whole. Macroeconomics consists of concepts that can be applied to the entire world. 

The theoretical basis of anti-competitive behavior is to support the contention that consumers benefit from having choices among products on the market and competition is good for creativity and innovation. On the other side of the argument, intellectual property rights conferred on the owner a high degree of autonomy over the subject property. These were the arguments debated in Microsoft v EU.

A rise in the European Central Bank’s targeted inflation rates according to the German government this year. Due to increased holiday accommodation and travel and tourism costs, a 2.3% increase was witnessed in the Consumer Price Index which has led the government to undertake sharp steps such as decreasing the cutting down on interest rates.

Four to five billion people joined the global market economy when the Soviet Union fell apart, and China merged with the global trading system (Eckes, 2011, p.viii). This turn of events in history led to the epoch of deregulated capitalism spearheaded by one powerful nation, and that is the United States (Eckes, 2011, p.viii).

Dambisa Moyo has an exceptional background in the African economy since she has degrees from prominent learning institutions such as Harvard and Oxford. She has also worked in major organizations globally such as World Bank and Goldman Sachs (Collier, 2009). The concept of the book is accepted because it has outstanding information.

Many weak banks in Europe have been saved off or given a breather by the European Central Bank by providing cheap credit to them. Time being, it might arrest further economic downturn. The noteworthy point is that the credit has been made available to them for the duration of three years giving them ample time to readjust their strategies.  

Though Marx affirmed no formal definition of the term, he did claim that commodity may exist as a form of value so that on this basis, the analysis of commodity in relation to value eventually justifies its meaning. In the attempt to determine what commodity is within the realm of value, Marx particularly identifies it with use-value as well as exchange-value.

If interest rates are high in the domestic market, foreign investors reduce investments hence decreasing money demand but if interests are low, investors demand more money for investments leading to an appreciation of the domestic currency. Volatility in exchange rates is a result of short-term determinants such as exchange rate expectations.

New Zealand is an island nation in the southern Hemisphere. It is an isolated island with many islands around; it has unique plants and animals (Britton 4). The Polynesians were the first people to settle in New Zealand. The New Zealand people are the descendants of European immigrants and native people of Maori.

By August 2012, Apple topped the market value of $622 billion, thus becoming the first ever company throughout the history to have touched this apogee. The research firm FactSet which keeps the record of investment funds, about 2555 institutional investors owned Apple’s stock as of 30 September 2012 just behind the Microsoft stock of 2590 (Mangalindan, 2012).

There is a possibility of having both favorable and unfavorable economic conditions leading to an increase in the number of employed and unemployed people. They may be substantiated by the Keynesian theory of economics which holds that a trade-off exists between unemployment and inflation, this trade-off may be presented using the Philips curve.

Agricultural Tourism in Cameroon. Cameroon is famous as the ‘melting point of Africa’ because of its diversity. It possesses all sorts of African crops such as sugar, coffee, etc, Landscape including mountains, beaches, deserts, etc and African inhabitants who belong to entirely different ethnic backgrounds and speak different languages.

Price is a key determinant in the product quantity for supply. Supply is usually monitored by a specific graph drawn based on a supply schedule. The Supply schedule comprises the price listed against quantities supplied and the graph is referred to as a supply curve as shown in Figure 1. The curve signifies a law of supply implying the more the price is, the more a quantity is supplied.

The advancement of technology is a huge step forward for SMEs in the country. SMEs need to grab this opportunity to expand their business within as well as beyond geographical boundaries. The matter of the financial condition of the entrepreneur crops up. This leads to diverse levels of commercial development for these businesses.