Macro & Microeconomics Essays

The use of advanced technology took the industrial development on the rise of China. The early development of commerce was facilitated by the productivities in agriculture and use of technology.  The country remained creative for several thousand years and many historians are of the opinion that the country achieved a burst of technology and remained at the threshold level before the industrial revolution. 

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.

United States Trade Deficit Name Course Name Instructor Date United States Trade Deficit Introduction In the recent years, United States has been faced with an unprecedented amount of borrowing. It has also managed to support its overwhelming account deficit without experiencing significant challenges in foreign investors holding its assets.

World Trade Organization (WTO) Impacts Agriculture. World Trade Organization (WTO) Impacts Agriculture The WTO is the sole international organization that deals with the regulation of international trade. Central to the WTO lies WTO agreements conferred and signed by most trading countries and ratified within their individual parliaments.

In the modern world, there is widespread concern about the rise in the amount of violent crime, and it is clear that most of this violence is committed by young men. Sociologists have developed many theories to explain this, including Marxist theories related to power in society and feminist theories related to patriarchy.

It is, certainly, a benefit since the movie audience has expanded. On the other hand, the film has to face increasing competition from other leisure activities as Americans became disenchanted with the type of passive entertainment. So far, Hollywood has been successful in gaining a competitive advantage.

In the real world, the demand of a commodity is dependent not only on its price but also on non-price factors like income of the consumers, taste, and preference of consumers, prices of related products, future expectations of price change, number of buyers, etc. Thus the factors that determine demand can broadly be categorized into two categories; price determinants and non-price determinants.

Many countries have tried to mitigate its effect brought upon by the global recession whilst many other countries are still facing the curse with increasing unemployment rate. The unemployment rate is considered to be a measure through which a country’s unemployment is measured in terms of percentage.

Moreover, the crisis has caused essential societal changes that affect consumer habits and values. Justin and Boris (2011) indicate that the East Asia economy was affected where the GDP was recorded at 4.2, 4.8, 5.7, and 1.9 percent from 2005 to 2008. This led to the ever-recorded decrease in GDP in 2009 which amounted to -4.0 since 1980.

It is factual that money is an important factor in any economy, employment which is the key introducer of money in an economy thus becomes equally important with any factor affecting employment thus affects recession in an economy by extrapolation.

It is projected that by 2020 one billion people will be of age 60 or over and this estimate will double to 2 billion by 2050. It is also estimated that proportion of people age 80 or over will increase to 4 percent from the current proportion of 1 percent.

Money is one of the most important variables in macroeconomics and greatly affects the growth and price levels in an economy. The first section of the paper discusses how the money supply is increased or decreased in the economy. Subsequent sections focus on the relationship between the money supply and inflation and on their interrelationship.

According to the report finance is the backbone of any economy and banking sector is the indispensible part of the financial segment of the economy. UK banking sector was also badly affected by the recent credit crunch that erupted in the mid 2007. At the initial stage of the report the readers would be introduced with the objectives and the contents.

Brazil is among the fastest growing economies of the world. In 2009 it was also one of the top most countries in terms of competitiveness. Brazil has various economic organisations such as the Unasul, Mercosul, WTO and the Cairns group.

Today, unemployment is one of the leading economic challenges facing the United States of America. It has far-reaching impacts on the individual, society and the country’s economic growth. Definition and types of unemployment Unemployment refers to the situation of lack of gainful work engagements usually for a long period.

However, it promoted free-market benefits such as reduced prices and innovative products. The firm adopted the monopolistic strategy that increased profits and control by the company but reduced the consumer’s choices. It is clear that a pure monopoly is likely to limit the variety of products from the market that the consumers can access.

year (a) prev. year (b) (a / b)100 2001 1.4 100.0 1.4% inflation 2002 0.2 101.4 0.2% inflation 2003 2.4 101.6 2.36% inflation 2004 7.1 104.0 6.83% inflation 2005 9.7 111.1 8.73% inflation 2006 14.3 120.8 11.84% inflation 2007 18.6 135.1 13.77% inflation 2008 23.2 153.7 15.09% inflation 2009 -37.6 176.9 21.26% deflation Consumer Price Index of Qatar for 2001 - 2011 2001 83.9 2002 84.1 2003 86.0 2004 91.9 2005 100.0 2006 111.8 2007 127.2 2008 146.4 2009 139.3 2010 135.9 2011 138.5 Base Year 2005 = 100 Growth rate for CPI of Qatar for 2005 - 2009 Base Year 2005 = 100 diff.

The World of Imperfect Competition Mukoma, Robert. Academia Order Essay Monday, 12 August 2013 Abstract This paper endeavors to elucidate different variations of global market structures, with an emphasis to imperfect competitive markets. To achieve that purpose, examples researched from online business publications and journals have been featured.

The major impediment to economic growth at the present has been the uncertainty on the part of the key economic factors, namely businesspersons and consumers. The businessmen are hesitant to hire and invest whereas the consumers are hesitant to spend because of uncertainty about their prospects.

Most of the Asian economies have weathered the recent economic crisis through either the strength of their domestic demand in countries like India, the Philippines, Indonesia, and Vietnam or through the use of healthy fiscal resources to support exports in countries like China. This good showing of economies in Asia is what holds promise for quickening the pace of the slow recovery in the developed nations.

He answers this question by stating that it is difficult to state if unethical business practices are on the increase in the recent past, or not, though he adds that it appears like it. A contributing factor is an increase in public awareness regarding ethical conduct, with the media actively reporting corrupt cases, scandals, and corporate failures.

What Caused the Bubble and Bust in the US Mortgage Market? The objective of this paper is to study the structure and mechanism of the mortgage market and in the light of these characteristics, analyze the factors that led to its ultimate demise. Identification of the problematic areas within this subject will facilitate the process of finding adequate solutions to those problems through policy changes and other measures that will restore the economy back to its original progressive stance.

China is set to take over the American economy in the near future. This statement is being used by economy pundits these days with more frequency than ever before. Over the last decade, China has seen periods of tremendous growth and prosperity. Not only the Gross Domestic Product of the economy increased.

  The proposals by Weiner are brilliant, but there may be some hindrance. The application of social network principles may not be effective in the end, considering the evils of social networks. Some social sites have experienced a gross violation of their regulations, like impersonation and false identity.

What is Economics? For the individuals, it means giving one`s abilities and spending one`s income in such a way that gives us the most benefit and utility, and for the community as a whole it means using peoples skill, energy and abilities, the land, the building and other economic resources so as to obtain highest possible standards of living .

They also led to the implementation of laws regarding bank-rating methodologies with an aim of improving security for financial capital markets. Saunders, Allen, and Saunders (2010) offer new approaches for value at risk and also provide some paradigms for managing credit risks; thus contributing to successful business performance in the financial markets.  

According to this lending scheme the banks giving cheap loans to small and medium sized businesses will be given more incentives. But unfortunately this scheme has not really produced the results which were expected as lesser then expected loans were provided.

Macro & Micro economics Introduction China is one of the fastest growing economies in the world. Being the second-largest economy, China has shown tremendous growth in the last three decades. According to the estimate of 2012, China’s GDP is US $12.38 trillion (CIA, 2013).

If government interventions and directions are not properly designed and implemented they will not suit the businesses and brings wasteful outcomes. Nations with mixed economies would have gained better business growth and economic growth if they had considered implementing the free market economic system.

Nevertheless, the article notes that a better assistance program will replace the expiring federal unemployment insurance. The federal and state government finances the federal unemployment insurance where retrenched employees get cash assistance on a weekly basis until they find a new job or up to 26 weeks (Mulligan 1).

When general prices of goods and services in a country rise, the value of money drops. This in return leads to inflation. Inflation then in the long run leads to the decrease of purchasing power of a currency. The occurrence of inflation has led to many central banks around the world to operate on a monetary policy regime of inflation targeting.

In order to increase economic growth in the country and increase the level of employment in the economy the government should implement expansionary measures thus the government should increases its expenditure and also reduce taxes. In addition, this action by the government increases the level disposable income thus increasing consumption.

And stressing upon this assumption coupled with the evidence of the behavior of the agents (the domain of social interaction), economics has been able to develop various stylized theoretical models for analyzing those interacting patterns and generating optimal solutions for the attainment of the general welfare of the people.

You own a local sub shop in a college town. You primarily serve two groups of people: local residents (both students and other local residents) and visitors to your town. Devise a price discrimination strategy that will increase your revenues compared to a single-pricing strategy.

Globalization is a significant but not a new economic phenomenon. World Bank throws out that there were three main globalization waves since 1870 where the global economy, capital flow and migration have been increasing dramatically.

How many students will still have a demand for it and how many students will not join? We also measured the elasticity of demand. We also wanted to find out how the trends were among females and males, were they different or were they pretty much the same or they both were indifferent towards such changes?

Cole attempts to contradict what he terms the five ‘current myths that distort public debate and government policy relating to immigrants’. While his points are generally popular, they still represent an entirely biased viewpoint. The immigration issue is an emotional one for many and is usually one of the more important issues for voters.

After all, no economy is safe from depression and market forces continue to follow cyclical trends. The discussion below will tackle some of the important aspects related to depression. These subjects affect all players in the economy. In addition, some concepts will be explored and discussed in relation to depression.

Now, views are being raised about the possibility of reintroducing the Gold Standard as the common currency for transaction, with economic experts favoring as well as opposing it. With the earlier practiced Gold Standard exhibiting both benefits as well as negative results, the current plan could also have similar advantages and disadvantages.

Particularly, the developing countries become a victim of such situation. Thailand, Indonesia and other countries of East Asia during late 1990s are particular examples. The situation is clearly described by Professor Joseph Stiglitz, a chief economist and vice president of World Bank during 1997 to 2000.

The company has been propelled to greater heights by its good managing performances, which have consequently enabled it to develop into what it is today. In addition, the British Airlines Company is one of the best companies in the aviation industry. It is now a dominant player in the aviation industry, having managed to withstand competition from other airlines, especially low-cost airlines.

Countries that have a high rate of unemployment are said to underutilize their resources. As the world’s population grows, job opportunities continue to shrink. This situation is getting worse by the day, as countries that have demonstrated their ability to eradicate unemployment has fallen into it again. For instance, in 2011, the USA plunged into its worst unemployment rate in decades, 7%.

The government exercises its borrowing authority when there is a shortfall between its expenditure. This occurs after the Canadian Parliament authorizes the government to do so through main estimates and in interim supply. The government borrows majorly through issuing treasury bills and marketable bonds in domestic and foreign markets.

Algeria is a North African country that borders the Mediterranean Sea, Morocco, and Tunisia. Most of the country's land is plateau and desert with arid to semiarid climatic conditions. The Algerian economy is highly dependent on oil and natural gas export in addition to Agriculture. About 45% of Algerians live in urban areas.

In our everyday lives we are faced with various choices we have to make and in most cases, we have to forego one option in favour of the other. This is what economics is all about; making choices among alternatives bearing in mind the scarcity of resources.  In other words, economics is about the efficient allocation of scarce resources (Wessels, 2006).

An oligopoly is best defined as a market structure in which there are is small volume of sellers that dominate the industry (Hirschey 2009; Hirschey and Pappas 1995). The sellers involved in the oligopolistic market structure are usually quite large, therefore their actions and strategic intentions strongly impact the market.

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.

Macro & Micro economics Contents Contents 2 Introduction 3 Causes and Mechanisms of the collapse of the world trade 3 Current Trade Policies in Response to the Global Recessions 7 Policy responses on negative impact on the trade balance were implemented in the UK 8 Effectiveness of the EU trade policies in the long run 9 Conclusion 11 References 12 Introduction The Great Depression was one of the most severe economic downturn that the world faced during the twentieth century in the pre-World War era.

The equation, which determines this relationship, is presented as: E(Ri) = RF + ?i [E(RM) - RF] (Giovanis, 2010) The CAPM model is based on various assumptions, which in turn have implications on the application of the model in the actual scenarios. By assuming that investors in general tend to avoid risk and prefer such investment opportunities only by considering the returns associated with them together with the variations in the returns related to assets.

Greenhouse gas emissions and price elasticity of transport fuel demand in Belgium. In the article, “Greenhouse gas emissions and price elasticities of transport fuel demand in Belgium” the price elasticity of demand for fuel plays a significant role in analyzing the reduction of greenhouse gas emission from Belgium transport sector through intervention by the Belgian government.