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The United States could benefit from the socialist approach. The country has experienced the negative consequences of the capitalist economic system. The system has strengthened the economy. The United States of America can either choose to adopt the socialist approach or combine the capitalist with the socialist in the model of China.
Since immemorial, powerful nations such as the United States of America, German, Britain, and France have faced this challenge, after losing a famous financier or engaging in lengthy warfare that drained their key financial bases. In the contemporary world, the menace is quite common and manifests itself in different ways that affect varied aspects of the economy.
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China’s economic exposure is relatively moderate, as it has trade surpluses with Europe and United States, its largest trading partners. However, it operates a trade deficit with ASEAN countries, Brazil, South Korea, and Russia. Regardless, the country has an overall trade surplus of $49 in October 2016.
Movements in economic growth affect the business plan in various ways. It determines the output of the products as well as the pricing decisions. It also affects the cost of production because it determines the cost of labor and raw materials. Low economic growth hinders the buying power of the consumers and this affects the profitability of the business.
It is evident from an economic point of view that the consumption of goods and services is affected by various factors. The substitution effect indicates that the fall in the prices of the commodity leads to an increase in the income of the consumers. It is evident that an increase in the income of the consumers increases their purchasing powers.
Trevor Swan and Robert Solow developed the Solow growth model which is also referred to as a neoclassical theory. It is a model of capital growth in an economy with pure production, meaning prices are excluded, and production equals real income. It assumes a closed economy where every individual’s labor input and ideas are constant in the economy (Hoeffler, 2002).
Perfect case studies can be drawn from America and China, whose trade relationship has worked in their favor. The standards of living have improved in the two countries as well as their economies. Employment has stabilized and with the elimination of barriers in the business environment, the ease of doing business has improved tremendously.
Having an investment in bonds ensures that the investor gets a return from three different sources. The first is from the issuer payments of coupons. The second is from the capital gain after the bond matures and is sold. The profits of the investor are the difference between the buying price and the selling price.
The energy sector is responsible for the general welfare and health of US citizens. According to Presidential Policy Directive number 21, the energy department has been outlined to be the provider of the ‘enabling function’ of all important infrastructures driving the United States economy.
Some of the positive effects of globalization are that globalization has led to rapid economic growth, industrialization, the development of transport infrastructure and an increase in employment opportunities. Some of the negative effects associated with globalization in China include population increase, degradation and economic inequalities.
The paper 'The Process of the Globalization of Financial Markets' is a great example of a micro and macroeconomics coursework. Over the last few decades, cross-border financial transactions have increased tremendously due to the rising trend of globalization. Many banks and financial institutions have expanded their operations globally.
The paper “Feasibility of Sharing Business Model for the Clients of Greenville Small Business Development Center ” is an excellent example of macro & microeconomics coursework. Sharing economy is relatively a very new and unique concept that has gained huge attention from individuals and business entities around the world.
The paper "What are the Impacts of the New Anti-Corruption Campaign on China?" is an engrossing example of coursework on macro and microeconomics. Corruption is very rampant in china and the practice has been propagated mostly by traditions and the Confucius form of government that is witnessed in China.
The paper "Effects of Marriage, Divorce and Child Custody on Utility Changes" is a great example of macro & microeconomics coursework. It is critical to ask why people get married. People get married mainly for love, sex, money, and children. These are also the same reasons why people get divorced.
The paper "Arguments for and against Tobin Tax" is an outstanding example of a macro & microeconomics coursework. Professor James Tobin a lecturer at the University of Princeton and one of the US Nobel Prize winner in economics in 1972, made the first proposal for tax transactions that involved the conversion of one currency to another.
The paper “Market Structure of the Low-Calorie Food” is a meaty example of a macro & microeconomics coursework. From Assignment one, Demand equation, QD = -2,000 - 100P + 15A + 25PX + 10I, (5,234) (2.29) (525) (1.75) (1.5), R2 = 0.85 n = 120 F = 35.25
The paper "Federal Budgeting System of Australia" is a perfect example of a macro & microeconomics case study. This paper examines the critical elements of macroeconomics and how it affects and is affected by the federal budgeting system of Australia. It begins by identifying the role of federal budgets in influencing inflation and unemployment.
The paper "Walmart Merger" is a perfect example of a macro & microeconomics case study. For a couple of decades now, Wal-Mart has been characterized as being the leader, the dominant firm and the Big One Retail Company, all relatively smaller firms look up to. The main reasons behind this are multifarious, with the consumers benefitting the most among them.
The paper "In-Depth Analysis of the Current USA Economic Situation " is a perfect example of a macro & microeconomics case study. The proper functioning of the economy of a country is vital for achieving the long-term goals and objectives of its population. The main areas of consideration in the economy include labor, capital, natural resources.
The paper "Macroeconomics: Research In Motion" is a perfect example of a case study on macro and microeconomics. In Motion (RIM) is a company whose headquarters are in Canadian. It was founded in 1984. It is primarily known as the maker and provider of Blackberry devices and wireless services (RIM, 2012). The company was listed in 1997 on the Toronto Stock Exchange.
The paper “European Union Ensuring There Is Competition within the Trading Bloc” is a worthy example of a macro & microeconomics case study. Over the years, the European Union has successfully controlled trade dominance through its competition policies, rules, and regulations. Competition in an economy supports economic growth through the incentive to enhance productivity.
The paper "Economics of the President 2013" is a perfect example of a macro & microeconomics case study. This Presidential Economic Report describes the progress made after coming from one of the worst economic crisis. As a nation, Americans can now afford to buy cars more than they have in 5 years and rely on less foreign oil than it has for over 20 years.
The paper "Trade Relationships between the USA and Netherlands " is a perfect example of a macro & microeconomics case study. The Netherlands is a parliamentary democratic system with a legal dominion. The head of the state is King Willem-Alexander who was indicted as the dominion after his mother, Queen Beatrix, was abdicated on 30 April 2013.
The paper "The Greek Economy after the Crisis: Challenges and Responses" is a great example of a case study on macro and microeconomics. Greece is a member of the European Union. The country has been under pressure due to its debt crisis that prompted the EU to put forth stringent measures to help it recover from the crisis (Petrakis, 2011; p. 97).
The paper "What Is Peak Oil and What Are Its Implications for the Main Transport Modes " is a perfect example of a macro & microeconomics case study. This paper aims to study the concept of Peak Oil which is gaining much recognition in the contemporary world. Its implications in terms of transport modes including cars, trucks, trains, ships and aircraft will be discussed.
The paper "Japan Macro and Micro Economics" is a perfect example of a macro & microeconomics case study. Japan economy is ranked as the third-largest in the world in terms of gross domestic product (GDP) and is known as the most developed countries with a lot of innovations. Japan is known as the third-largest manufacturer of automobile and electronic goods.
The paper "The Political Economy of Oil in the Middle East" is a perfect example of a case study on macro and microeconomics. The Middle East is the geographic midpoint of attractiveness for the world’s oil industry. Oil is of fundamental significance in both the international and domestic politics of almost every nation in the region. This includes both the oil importers and exporters.
The paper "The USA Economy and Economy of the Republic of Ireland" is a perfect example of a macro & microeconomics case study. The need to understand to have a better understanding of the state of the country’s economy in the whole call for comparison to other recognized economies in the world. In this case, the USA economy is one of the best models for comparison to the Republic of Ireland.
The paper "Keynes and the Principles of Effective Demand" is a great example of a case study on macro and microeconomics. It is well realized that the advanced consumption hypothesis starts with Keynes's (1973) dissection of consumption conduct in The General Theory. Keynes brought up that the sum a group uses on consumption depends mostly on the measure of its income. (Garcı´a-Lizana & Perez-Moreno)
The paper "Decline in the Value of Currency and Trade Balance" is a perfect example of a macro & microeconomics case study. The key objective of microeconomics is the economy and price stability. The world price in this case is used inclusively in reference to all prices including prices of finished products, the price of production factors, capital market share prices, and the price for a country’s currency.
The paper "Analysis of Importance of Lebanon to the Qatar Airways Future Prospects" is a perfect example of a macro & microeconomics case study. The paper examines important economic indicators of Qatar to evaluate the prospects for Qatar Airways Company, which began operations in the country.
The paper "Investment Industry in New Zealand" is a perfect example of a macro & microeconomics case study. The investment forms an important part of any business. It can be in the form of debt and equity, which are either borrowed or raised as capital from different financial institutions, venture capitalists and general investors.
The paper "The Role and Influence of Russian Ruble in Recent Russian Economy" is a perfect example of a macro & microeconomics case study. The Ruble is the official Russian currency that has not only contributed considerably to the Russian economy but also has had a huge influence on the economy as well.
The paper "GCC Central Bank, Its Structure and Its Comparison with European Central Bank" is a perfect example of a macro & microeconomics case study. The purpose of this report is to identify the structure, arguments for and against, and functions and purpose of the suggested GCC Central Bank. The report has found out that the structure of the GCC Central Bank has four main components:
The paper "An Emerging Market Economy and Its Industrial Structure" is a perfect example of a case study on macro and microeconomics. An emerging market economy (EME) refers to an economy that has per capita income that ranges from low to middle. The term was instituted in 1981 by Antoine W. Van Agtmael of the International Finance Corporation of the World Bank.
The paper “Venezuelan Economy and Problems” is an intriguing example of a macro and microeconomics case study. Venezuela as a state is suffering from severe political, economic, and social problems that affect its population. Economic problems are considered as some of the major issues affecting its growth and development.
The paper "International Political Economy - the United Arab Emirates" is a perfect example of a macro & microeconomics case study. The UAE is a country that consists of seven emirates such as Abu Dhabi, Dubai, Sharjah, Ajman, Ras al-Khaimah, Fujairah, and Umm al-Quwain. Abu Dhabi is the capital of Dubai and it is the biggest emirate in the country.
The paper "Trading Economic in Turkey Crisis 2001" is a perfect example of a macro & microeconomics case study. The Turkish economy has faced occasional economic crisis since the 1990s. Some of the major crisis occurred between 2001 and 1990. The main causes of this crisis were grounded on international macroeconomics and domestic instabilities. However, the main focus of this paper is the crisis that occurred in 2001.
The paper "Impact of Recession of Japanese Economy" is a perfect example of a macro & microeconomics case study. Japan has the third-largest economy in the world judging by the nominal GDP of the state, however, the purchasing power indicators place Japan to the fourth-largest world power. Also, various economic indicators further place Japan as the second-largest economy of the developed world.
The paper "The Role of IMF and the Exchange Rate Regimes" is a perfect example of a macro & microeconomics case study. There is a constant question of international economics of what is the optimal choice of exchange rate regime. The Second Amendment to the IMF’s Articles of Agreement has enabled the member countries to adopt the exchange rate regime of their choice (Articles of Agreement, 2011).
The paper “Use of Chandler’s Model in Explaining Long-Term Competitiveness of Leading Economies” is a meaty example of a macro & microeconomics case study. Alfred Chandler introduced the Chandler model. With the help of this model, a detailed analysis of the firm can be done. Based on this model Alfred Chandler developed a theory that focused on detailed observation and analysis of the business.
The paper “World Trade Organisation and Other Organisations in New Economic Context” is a thoughtful example of a macro & microeconomics case study. A political economy is a relationship between economics, law, and politics. It also focuses on how institutions develop in social and economic systems like capitalism, socialism, and communism.
The paper "Vodaphones Internalisation in Egypt" is a great example of a case study on macro and microeconomics. Affiliation Internalization theories are strategies that most multinational and other focus on when trying to venture into a new market. A lot of company’s model considered both the advantage and disadvantage.
The paper "Tanker Shipping Market Analysis and Forecast" is a perfect example of a macro & microeconomics case study. Economists believe that although forecasting is an easier task, making it successful might be a bit difficult. Several forecasts do not always end up being right; with just a few being successful (Stopford, 1997, p.490).
The paper "Analysis of the Market in which Apple Inc. Operates" is a perfect example of a case study on macro and microeconomics. Apple Inc is a world-famous IT company that manufactures various electronic products and it is headquartered in California. The company is known for its high-quality goods that are served to the customers (Osterman, 2006).
The paper “Economic Analysis of Canada and Australia” is a bright example of a macro and microeconomics case study. A multi-faceted analysis of the economic activity in Canada and Australia will reveal a very interesting scenario. Summarily, both countries have posted perpetual growth in the last five decades.
The paper "An Analysis of the Impact of Changed Economic Circumstances and an Evolving Regulatory " is a perfect example of a macro & microeconomics case study. This report provides a review of the Downer group of companies (listed on the Australian Securities Exchange, ASX) based on its historical analysis, application of the accounting standards, and information derived from the economic environment.
The paper "India’s Growth Policies and Strategies" is a perfect example of a macro & microeconomics case study. It is the context and circumstances prevalent in any nation that should determine its policies and strategies of growth. This is supported by practical situations in countries and the context of their operations as illustrated by researchers and analysts.
The paper "China’s Economic Growth, Its Entry to the World Market" is a perfect example of a macro & microeconomics case study. The essay will discuss and explore the statement from the book India, China and Globalization written by Piya Mahtaney which was published in 2010. The statement was extracted from page 159 of the book.
The paper "Chinese and Australian Investments" is a perfect example of a macro & microeconomics case study. Chinese investment has in recent years been remarkably successful in being attracted by Australia. In fact, Australia has been the very destination for China for foreign investments since the mid-2000s.