Free Macro & Microeconomics Essay Examples and Topics

Efficient Allocation of Production Macro & Microeconomics Essay

3 pages (750 words) , Download 3 , Essay

It provides the same level of output of good X as point “a” since we still are on the same X isoquant, but the production of Y has increased since now we are on a higher Y isoquant. Similarly, we could have picked a point on the Y isoquant through point “a” which is tangent to a higher X isoquant. This would imply a higher production of good X.

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The Federal Open Market Committee Macro & Microeconomics Coursework

6 pages (1500 words) , Download 3 , Coursework

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The Federal Reserve Act of 1913 empowers the Federal Reserve Bank of U.S.A to implement the Monetary Policy in the country. The Federal Reserve controls the monetary policy through mainly three policy instruments: open market operations, the discount rate and reserve requirements.

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International Economics and Mundell-Fleming Model: Case Study of Brunei and Bhutan Macro & Microeconomics Essay

6 pages (1500 words) , Download 2 , Essay

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This research aims to evaluate and present Mundell-Fleming model and open economy particularly in the case of Brunei and Bhutan. Brunei and Bhutan had difference exchange rate policies as they resolved to join the global financial market. While Brunei anchored its financial regime on the principles of fixed exchange rate, Bhutan had a regulated flexible system of exchange rate.

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The trend in economic growth of a country Macro & Microeconomics Coursework

13 pages (3250 words) , Download 2 , Coursework

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The researcher will analyse the dependence of economic growth in GDP-Gross Domestic Product-, international trade, years of schooling, the average of annual number of revolutions and insurrections, the average of annual number of political assassinations and finally if the country has oil production and it represents at least half of the annual exports.

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Hyperinflation Phenomenon Macro & Microeconomics Term Paper

3 pages (825 words) , Download 2 , Term Paper

That is, how does hyperinflation come to an end? This question can only be answered in terms of a given government’s commitment to reduce the level of money supply in the economy. Maybe by the disposal of government bonds to the members of the general public so that the money used to buy these bonds is removed from the economy and held by the Federal Reserve.

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Europe as an Optimal Currency Area Macro & Microeconomics Essay

3 pages (750 words) , Download 3 , Essay

Due to symmetrical disturbance and free mobility of production factors the exchange rates remain stable and promote the use of common currency (Krugman and Obsrfeld, p98). It implies that any economic unit could be regard as an optimum currency area if the labour and other factors of production move freely within its region and there is either use of common currency between the regions or the exchange rate remains minimal or unchanged for long periods of time (McKinnon, p173).

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Economic Crisis in Greece and Its Impact on Euro Macro & Microeconomics Essay

8 pages (2000 words) , Download 2 , Essay

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The economic crisis in Greece can be seen to impact the country with respect to its position in the European Union where the adoption of the euro as a common currency has taken place. The budget deficits impacted by the huge amounts of loan and credits obtained by the country has created a greater economic crisis for the country.

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Utopian Economy and Markets Macro & Microeconomics Book Report/Review

3 pages (750 words) , Download 2 , Book Report/Review

Most interesting was the fact that it promoted excludability as the goods purchased by one consumer becomes consumer’s exclusive item which cannot be consumed by others, even if the consumer does not use it.

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Economic Perspectives of Demand and Supply Macro & Microeconomics Essay

8 pages (2187 words) , Download 3 , Essay

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A consumer never demands a good or service simply because a supplier produces them. More specifically, there is no incentive for a consumer to demand goods or services simply because a producer supplies them, but there is an incentive for a producer to supply goods or services simply because a consumer demands them. This is the fundamental concept of the Supply and Demand Paradox.

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Liberian Production and Export of Rubber and Economic Growth Macro & Microeconomics Term Paper

5 pages (1519 words) , Download 3 , Term Paper

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Liberia has previously faced over 25 years of civil unrest and economic mismanagement. Over 270,000 of the population were killed, and over 500,000 were forced to flee their homes as either internally displaced persons or refugees in neighboring countries. This resulted in a drastic drop in agricultural production and the eventual closure of the agricultural-oriented industries.

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Potato Chip Industry Macro & Microeconomics Essay

5 pages (1250 words) , Download 2 , Essay

The perfect economy offers choices that are price-influenced. Question 1. The monopoly market structure is defined as a business environment where the industry and the sole entity are one and the same. In the 2008 Northwest’s monopoly style potato chip industry, there is no substitute for the lone Wongs potato chip products sold in the potato chip market segment.

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What causes inflation Macro & Microeconomics Essay

6 pages (1500 words) , Download 2 , Essay

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Inflation and its Causes Inflation has been one of the major subjects that have been addressed in the economic world and in order to properly understand it, one has to delve into all the aspects that are related to it. The paper will also look into the effects that inflation has on the economy and by extent the society as a result as it attempts to discover ways in which this situation brings about a difference in the way individuals live their lives.

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Does google violate the antitrust law Macro & Microeconomics Essay

3 pages (750 words) , Download 2 , Essay

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Google was charged with antitrust and anti-competition statutes as they were thought to arrange their search results in a way that brings their own products and links above others. Since more than 70% of search on internet is carried out on Google and many businesses depend on online advertising, several giant companies feared they will not show up in search results because Google tends to advertise its own products and hence is giving an unequal opportunity for competition.

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Macro and Micro Economics of the Country Macro & Microeconomics Essay

6 pages (1500 words) , Download 2 , Essay

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Another last task of the paper is to define the so-called equilibrium GDP. In our opinion, one of the most appropriate definitions of the term “equilibrium GDP” is the following. Equilibrium GDP is the output level at which the total amount of goods produced, GDP, is just equal to the total amount of goods purchased.

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Summarizing 9 articles about oil in Venezuela (separately) Macro & Microeconomics Research Paper

5 pages (1250 words) , Download 2 , Research Paper

This caused a problem in the U.S. oil supply. The U.S. oil dependence on other countries has significantly increased over the past decades. This should have been just fine. However, the problems lies in the fact that while more and more of the U.S. oil supply is being imported, the suppliers are becoming more and more from “politically and economically unstable” nations (p.3).

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Australian Economy and Price Stability Macro & Microeconomics Assignment

8 pages (2398 words) , Download 2 , Assignment

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The government of Australia works with the Reserve bank in managing fiscal and monetary policies in the country. The bank was created by parliament in 1960 under legislation known as the Reserve Bank Act, which was proposed in parliament in 1959. The Reserve Bank acts as the central bank of Australia and manages the monetary policy in the country.

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Economic Comparison of China and USA Performance Macro & Microeconomics Research Paper

5 pages (1250 words) , Download 2 , Research Paper

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This paper primarily focuses on comparison of various major economic factors, that characterizes development patterns in China and the United States. These economic factors identified for comparison include labor force, household income, poverty line, unemployment, currency exchange rates, GDP per capita, exports, GDP, imports and others.

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The effect of usury on our lives Macro & Microeconomics Research Paper

5 pages (1250 words) , Download 2 , Research Paper

Despite the objections from some quarters on charging of interest, the major issue relating to usury relates to the moral administration of the interest. This means that the concern tilts towards charging of unreasonable interests, instead of generally condemning interests.

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Lars Peter Hanser Macro & Microeconomics Research Paper

3 pages (750 words) , Download 2 , Research Paper

Hansen is known to have developed a technical econometric model to deal with the world’s difficult questions. In his research, Hansen has applied important economic concepts to study the primary determinants of security market prices, savings and consumption.

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Purchasing Power Parity Macro & Microeconomics Essay

6 pages (1924 words) , Download 2 , Essay

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Differences in both the national spending and the current account imbalances are regarded as variables affecting both the short-run and the long-run deviances. The equilibrium of the real exchange rate may change for various reasons in the long run such as wealth effects and productivity effects (Rogoff 1996, pp. 647-653).

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Eurozone crisis roars back to savage Spain Article Analysis Macro & Microeconomics Essay

8 pages (2000 words) , Download 2 , Essay

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The borrowing of Spain has increased drastically in past few months and this has reduced the investors’ confidence in the economy making the situation worse for the government since there is less investment and savings in the economy.

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Analisys of demand and supply affecting Shell Oil Macro & Microeconomics Coursework

5 pages (1250 words) , Download 2 , Coursework

The company’s performance has remained a casualty as the FTSE 100 wafted lower for a second straight day. The company’s expectations have been compromised ahead of release of full- year results that sent its B share 2 percent lower (Elder, 2012). The major forces driving the demand for oil include lower refining margins, higher upstream maintenance costs, exploration write-downs and a weak European gas market.

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Involuntary Manslaughter in Criminal Law Macro & Microeconomics Essay

4 pages (1151 words) , Download 3 , Essay

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A murder occurs when a person who commits the crime is of sound mind, alive, and has an intent to kill. Manslaughter can occur with intent but only where the partial defense can apply, like loss of control. A death that results from grossly negligent conduct is also considered manslaughter as well as a death that results from an illegal act involving harming another person.

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Monopoly, Oligopoly, Monopolistic competition, or Perfect competition Macro & Microeconomics Essay

3 pages (750 words) , Download 3 , Essay

Rival firms in an oligopoly match each other’s price cuts but do not match each other’s price increases. Competition in an oligopoly primarily takes the form of advertising and product differentiation. There are a lot of barriers to entry in an oligopoly like economies of scale, product differentiation and brand loyalty, mergers and takeovers etc (Slomon 174).

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Free Trade Zones in the UAE and Economic Development Macro & Microeconomics Research Paper

8 pages (2331 words) , Download 3 , Research Paper

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United Arab Emirates (UAE) has established many Free Trade Zone Areas in order to provide an incentive for businesses to be located in the region. Free trade zones were originally created targeting foreign investors so as to promote foreign trade. They are areas where certain special laws do apply with respect to income repatriation, taxation, ownership, recruitment of labor, and value addition.

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Monetary Unification in Europe Macro & Microeconomics Essay

7 pages (1750 words) , Download 2 , Essay

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This process of unifying European currency started back in the aftermath of World War II and progressed gradually for over 60 years. Critics were so skeptical on the Europe’s idea of monetary unification claiming that Europe was not close to optimal monetary union.

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Competitive Markets & Free-Market Economies Macro & Microeconomics Essay

4 pages (1000 words) , Download 4 , Essay

On the other extreme is the monopoly, a single firm in the whole industry hence there is no competition (Sloman 2007). Theoretically a perfect competition is possible but practically a perfectly competitive market does not exist. Properties of a perfectly competitive market include: 1 Consumers believe the products are homogenous 2 Firms are free to entry or exit the market 3 Buyers and sellers have perfect knowledge (buyers know the price charged by sellers and sellers know about the number of buyers in the market) 4 Minimal transaction costs- the expense of finding a buyer, in case of a seller, or vice versa for a buyer and making a trade transaction are almost negligible (Perloff 2003).

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Biomass Energy in a Future Global Sustainable Energy System Macro & Microeconomics Research Paper

7 pages (1990 words) , Download 2 , Research Paper

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Sustainable development and renewable energy use share an intimate connection. The changes in climate are the topic of the time. The primary and major emission gas for Greenhouse Gases is carbon dioxide. When carbon dioxide goes into the atmosphere and changes the weather conditions, bio-diversity will decrease through an increase in temperature.

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Monetary Policy and Effect of a Decrease of Interest Rate Macro & Microeconomics Essay

6 pages (1708 words) , Download 2 , Essay

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Official cash rate is the rate of interest set by the Board of the Reserve Bank of Australia which is charged on the overnight funds that are borrowed or lent between financial institutions. This implies that it is the rate which is charged by financial institutions in Australia’s banking sector to other banks for overnight loans.

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Hindrances in Chinese Economic Growth Stability Macro & Microeconomics Essay

8 pages (2000 words) , Download 2 , Essay

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Planet’s most populated country, with a population of more than 1.3 billion, and the second largest country by land area, China has over the past few years also marked its importance to the graph of the global economy. The people’s Republic of China has undertaken tremendous growth during the last three decades.

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Demand and Supply of Soft Drinks Macro & Microeconomics Essay

5 pages (1250 words) , Download 3 , Essay

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It will also focus on comparing the perfect market with the monopolistic market and the assumptions related to such a market, i.e. the number of firms in the market, types of products offered by each firm, entry and exit to the industry, and firm’s influence over price. Supply and demand is the main concept on which the whole study of economics is based.

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Pharmaceutical industry: pain relievers Macro & Microeconomics Research Paper

4 pages (1000 words) , Download 2 , Research Paper

Market structure – This section analyzes the characteristics of the market that exists in the US pharmaceutical industry as well as comparison of the US market with other world markets. Producers and suppliers – This part discusses major producers and suppliers of pharmaceutical products in the US market and their performance by use of sales, R&D expenditure and net income as major indicators.

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The Pros and Cons of Minimum Wage using Relevant Theoretical Construct Macro & Microeconomics Essay

8 pages (2048 words) , Download 4 , Essay

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In the United States of America, the minimum wage is constructed around a flat hourly rate where the law specifies the minimum amount of pay to be given on an hourly rate. This law is called the Federal minimum wage bill, which was amended, on July 24, 2009, to reset the minimum wage figure to $7.25 per hour.

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Governments Various Macroeconomic Objectives and Their Importance to UK Economy Macro & Microeconomics Assignment

10 pages (2500 words) , Download 2 , Assignment

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Macroeconomics and microeconomics vary in the scope of study, so macroeconomics covers the aggregate study of various units combined together, while the microeconomics handles a particular unit of an economy. In the overall economic phenomenon of macroeconomics, it handles issues of aggregate investment, consumption, savings and production.

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Supply and Demand Macro & Microeconomics Essay

3 pages (750 words) , Download 3 , Essay

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.

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Principal-Agent Problem and Frameworks Macro & Microeconomics Essay

15 pages (3750 words) , Download 3 , Essay

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The preferences of the agents and the principals differ, and where an imperfect contract exists, the agency relationship can be exacerbated by large information asymmetry. The agent-principal problem became apparent during the Enron scandal and the 2008 financial crisis. Governments passed important regulations.

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Economic Performance of J Sansbury Plc Macro & Microeconomics Essay

8 pages (2655 words) , Download 2 , Essay

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J. Sansbury company operates through a network of over 1,106 supermarkets and convenience stores along with an employee base of 157,000 (J Sainsbury plc, 2013). Company annual reports, various peer-reviewed journals and textbooks news articles, and industry reports have been considered as the main data sources in this research.

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Inflation and Debt Macro & Microeconomics Term Paper

10 pages (2500 words) , Download 3 , Term Paper

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The paper also discusses Cochrane’s key claim and comments on that key claim. It asserts that on balance, there is some weight to the argument of Cochrane relating to the threat of inflation from sustained fiscal deficits and loss of lender confidence in American debt leading to the government needing to fund deficits by printing dollar.

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Southwest Airlines Macro & Microeconomics Essay

7 pages (1750 words) , Download 4 , Essay

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The paper tries to identify the performance of the company before and after the deregulation. It has been noted that the performance of the airline industry has been quite unstable because of deregulation. However, Southwest Airlines has been able to maintain its position because of its innovative strategy of low cost airlines and also due to its commendable service towards the passengers.

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The Minimum Wage Law Macro & Microeconomics Essay

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The US was in grave economic jeopardy, on account of the Great Depression, which lasted from 1929 to the early 1940’s. The enactment of the federal minimum wage law provided an appreciable measure of relief to employees, who were now assured of at least 25cents an hour with a 44-hour weekly work ceiling.

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Political Economy In The World: Rebirth Or Failure Macro & Microeconomics Essay

4 pages (1000 words) , Download 2 , Essay

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Political boundaries, economic boundaries. Apparently distinct and separate, but actually living in perfect symbiosis. Economic boundaries change abruptly and this is due to the fact that today we have an increasingly evolved world with an increasing number of technological services on offer.

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Housing in Metropolitan America Macro & Microeconomics Term Paper

4 pages (1000 words) , Download 2 , Term Paper

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The purpose of this paper is to analyze the different aspects that contribute to the decline of the available housing units in America and to offer right options for the formulation of policies that will increase the number of affordable housing units. A majority of people are affected by decrease in the availability of affordable housing units.

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Significance of Performance Management in the Middle East Macro & Microeconomics Essay

11 pages (3178 words) , Download 2 , Essay

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In an organization with effective performance management, the managers perform the performance management process and carry out each component of the process effectively. Only planning for any business is not sufficient, a company also needs to concentrate on the way by which a task can be accomplished. Here lies the need for performance management.

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Micro-Economic Principles Macro & Microeconomics Assignment

7 pages (1889 words) , Download 2 , Assignment

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Here, it can be seen that if the U.S. concentrates only on the production of clothing and India produces only food (i.e. both the nations follow specialization), and then exchange their commodities, both the nations will be able to gain from this setup. Therefore, according to Adam Smith, absolute cost difference provides the basis for international trade. (In this example labour hour is taken to be the only resource of production.)

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International Monetary Fund Macro & Microeconomics Essay

4 pages (1000 words) , Download 2 , Essay

The overview consists of the establishment reports of the IMF. It follows with the merits and the demerits of the International Monetary Fund (IMF) along with the major roles being played by it. The study also includes the major criticisms of the International Monetary Fund (IMF) (The World Economy, “The International Monetary Fund”).

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Hurricane Katrina on the Coast of the United States Macro & Microeconomics Research Paper

9 pages (2535 words) , Download 3 , Research Paper

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Hurricane Katrina passed into the Gulf of Mexico presenting a huge threat to the coastal areas of Mississippi, Alabama, Louisiana, and New Orleans. Then, in the early morning of August 29, 2005, Hurricane Katrina came ashore at the mouth of the Mississippi near Orleans with 140 mph sustained winds and storm surges two stories tall.

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Analysis of the Tiebout Model Macro & Microeconomics Essay

6 pages (1756 words) , Download 2 , Essay

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The Tiebout model is an economic model explaining competition among the state and local governments. The principle of Tiebout’s theory is that the mobility of citizens (consumer voters) coupled with inter-jurisdictional competition can lead to a resourceful allotment of resources to the public sector (Billings 2008, p. 36).

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Should the Fed Focus on the Role of Money in the Conduct of Monetary Policy Macro & Microeconomics Research Paper

3 pages (750 words) , Download 4 , Research Paper

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They basically seek a reduction in risk before investing their money (Smets 1260). Due to this, decision makers need clarity about price rises, joblessness, interest rates plus economic escalation. The government can influence these factors through monetary policy (MCcallum 1787).

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Forecasting the Future of the US Economy Over the Next Year Macro & Microeconomics Research Paper

5 pages (1250 words) , Download 2 , Research Paper

This has been regarded as the consequence of the recent global financial crisis. Weighing various forces, positive as well as negative, which are most likely to affect economic activity in the short term, most of the economic forecasters have projected their recent growth predictions earlier forecasts.

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Endogenous Growth Theory Macro & Microeconomics Essay

3 pages (750 words) , Download 4 , Essay

The paper focuses on endogenous growth and utilises two major approaches to deal with the issue. These are namely the convergence controversy approach and the state of market competition (Romer).

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Macro & Microeconomics Essays