Macro & Microeconomics Essays

A historical review of the motivation of imperialism suggests a variety of reasons, broadly classified as economic, political, exploratory, religious and ideological, and the most common reason among them is the economic explanations of imperialism. In the European politics of the 1500s, different nations were motivated to dominate other nations.

The recent financial crises are considered as one of the leading crises of the world with relatively no example in the history of mankind. The resulting failure of many financial institutions as well as other manufacturing concerns and gradual decline in the economic activity in most of the developed indicate the overall sensitivity of the crises.

Recycling of paper into different formats promotes sustainable development. Indeed, paper being the most common product found in the household, each one of us is capable of contributing towards sustainable development and become a proactive participant in the conservation and preservation of the environment, through the creative use of paper.

Indeed, unemployment increased considerably during the early 1990s due to economic contraction, however, the problem was tackled in 1993, and the UK government observed a continuous decline in the unemployment rates. The size of the market also increased substantially because of the rise in population and increment in consumer purchasing power.

The main purpose is to find patterns and apply this to predict potential results of alcohol abuse. Practically, it is very hard to model actions since

People from all over the world end up engaging in a symbiotic relationship kind of to ensure the availability of the resources in short supply. The specialization of production, as well as the market institution of trade, antedates the science of economics that currently lies at the heart of modern economies.

He challenges that the problem in our economy is not shortage of capital but weakness of demand, and therefore it is important for worker’s compensation to grow alongside a firm’s productivity. However, the facts

This will reduce each firm’s profit down to zero until there is no incentive for further entry. 40. At any price below minimum average

Willard Mitt Romney, the Republican Party’s candidate for president of the United States in 2012, said that there are 47% of the people would vote for President Obama no matter what. Romney argues that we should cut welfare spending because these people need to take personal responsibility instead of depending upon the government for everything.

An example of a public good would be cable television. The use of cable television in no way diminishes your enjoyment of it, making it non-rivalrous. But, cable companies can refuse to hook your house up to their system, making the good excludable. In this case, the marine is an impure good, marine life acts as a source of food to many people yet the conservation is often done by the state.

The function has one variable input and the rest are assumed to be fixed at a certain amount. The output x is attached is attached to every value of y outputs amounts produced by these input. Points below the curve are

Tax, a compulsory payment by citizens to the government, facilitates the development of public projects. However, several controversies affect the collection and administration of taxes across the world. This arises of the exorbitant imposed on people based on their income levels and wealth accumulation. Taxation should be done on an equal level.

The barriers are contestable because other players in the market see the potential in the market and can fight for a place. Market forces are dominant enough to break a monopoly (Dilek and Colakoglu, 2013). Normally, a monopoly enjoys government protection, and in the case of Forrest, he has no protection, other than the fact that there are no boats.

The changes will include planting crop rows closer to each other as well as ensuring better weed together with pest control that holds the potential of leading to sustainable production and an increase in production of around ten percent to twenty percent. Effective wheat crop management that includes sowing, as well as irrigation, also presents essential measures in ensuring increased production.

According to the report Micro Economic Article: Oil Prices: What’s Behind the Drop? the oil industry was at its peak in several states like Texas providing employment and raising the state’s revenue.The oil business is at the brink of its downfall. It has lost investors, job loss of the oil workers and decommissioning of oilrigs by the companies.

It is worth saying that everything proves the perceptiveness of the air transport branch all over the world. The oil ‘real prices’ have a great impact on this sphere. So, two possible ways of development are possible. Both of these ways are connected with the cooperation with the oil-countries: Russia and the USA.

Increased government spending on roads, bridges, and hospitals will generate employment and inject money into the economy. This would also ensure the success of the industry. Lower labor costs in foreign countries increased competition in USA automakers which encouraged them to cut down the prices of vehicles.

In measuring unemployment, the United Kingdom Office for National Statistics (UK-ONS 2009, p. 7) gives emphasis on the unemployment rate. According to the UK-ONS, the unemployment rate is the proportion of the economically active who are unemployed (2009, p.7). The economically active are either employed or unemployed (UK-ONS 2009, p. 7).

Most of the respondents predict that the United States will maintain steady economic growth until the year ends. Despite a lower-than-predicted growth rate of gross domestic product for the first quarter, the economists believe the decline is temporary and will pick up in the coming months. Economists predict a decrease in oil prices.

The landscape of the economy, however, has changed the idea of living with someone else from choice to inevitability for many, and the selection of where to live and with who to live is changing as well.

Just recently, it was felt that due to civil war in the country, the world might have to do without Libya's oil exports, which is the thirteenth largest oil exporter in the world. This sent shock waves throughout and oil prices rose by $5 to stand at $120 (Oil markets and Arab unrest 2011). It was the expectations of a fall in demand that artificially beefed up demand and therefore the prices rose.

Generally speaking, despite, the increasing economic changes, especially to faster-growing economies like China; it is advisable for such economies to identify all their current and future economic challenges and difficulties thereby addressing them with concerns to other global economic implications.

Coconut Oil is one of the products widely used across the world and this explains its variation in demand. It is worth noting from various economic data that its production and export quota is explained by various factors that range from climate, quality, and socio-political issues. Taking the demand for Coconut In the US, it is worth noting that it is currently down at approximated 40%.

The economic decision becomes more complex in the case of government where there are a lot of things to consider with varying needs and priorities that have to be addressed. In the case stated, reducing expenditures compared to raising taxes to have various repercussions even if both courses of action are unpopular. 

These markets direct the wealth of investors to those who transform it to capital and use it to develop the economy such as companies and governments. This is a long term investment; investors get

The organization also advocates for perfect freedom of the economy (American Economic Association 1). It does not align itself with any form of economics. The organization has membership from

This trend enables the organizations, to be able to engage its workers in higher complexity of work and also can enable the organization to adjust further it concepts methods, strategies and the skills of its workforce. This trend is

There is a mention of some of the big names in economics, but there are also a few who made waves in the economics field, but little is said about some of them. Joan Robinson is one of the few influences not often mentioned. This is because of some handicaps, which include being a highly unorthodox economist and a woman. This made her fail to appear among the top-tier economists named or mentioned in most economic schools or conversations.

The relationship between financial growth and economic development is a much-debated issue within the realm of economics. From the end of the 19th century to the end of the 20th century many economists devoted their time and effort to providing satisfactory theoretical and empirical explanations on this issue, but in the end, both theoretical propositions and empirical findings failed to reach a common consensus.

Consequently, employee medical claims are on the rise. The CDC estimated the cost of average annual premiums paid by employers in 2010 to be $13,770 for family coverage and $5, 049 for single coverage (1). According to reports by the Wall Street Journal, there was an anticipated rise of 4.4 percent on employer-based benefits in 2014.  

This increase in wages results in firms passing forward the cost to the consumer goods. The high prices for goods and services results in inflationary buildups and vice versa. Inflation rates in Qatar have been fairly average from 2005 to early 2014. According to the World

The author states that the banking system has existed in the economy since a long period of time which was appreciated by many people as well as blamed by many but still the banking system played an important role in the economy. Muhammad Yunus has struggled and made arrangements for providing loans and credit to the poorer people.

The indicators will help the countries know where they range as far as human development is concerned thus making them look for necessary mechanisms to improve on them thus resulting in prosperity.

These restrictions include natural barriers, ownership barriers and legal barriers. A natural monopoly utilizes economies of scale to enable a single firm to supply an entire market at the cheapest cost. Ownership barriers occur when a firm owns large portions of a resource hence their ability to control production, price of the resource and finished product.

Also, there will be more cars struggling to get a parking space and the congestion will contribute to the much time taken to park. c)

This follows emerging markets in the industry with the latest effect being decline in the oil prices globally. Shortage of skills among GCC countries is the major driving force towards diversification.

The resultant effect was the adoption of the term “natural rate” to refer to the rate of unemployment below which the level of inflation would accelerate. This term does not, however, imply any commitment to any specific theoretical explanation, or provide a prediction that this rate would gain stability over time.

The cinema's markets have expanded considerably in recent times with the essence of high living standards of individuals. The most popular box office markets are United States, China, and Japan; however, it is interesting to note that a large number of films is produced in developing nations like India.

These proposed theories are mainly based on good policies and good institutions, which are seen as necessary to economic development. Judging from the historical approach change realizes these countries adopted different policies to achieve dramatic economic development. In his conclusion, Chang views these countries are attempting to kick away the ladder they used to reach on top.

The reforms that were made in China and Russia in the later stages of the twentieth century were very important in that they changed allot of things in the countries. This paper aims at discussing the extent to which economic reform outcomes in China and Russia are different due to the pace of reform.

Instead, tens of millions of Chinese citizens find themselves trapped in poverty and nothing short of economically rated situation Is sufficiently and averages cannot tell the true story of what is going on with respect to

The impression is not purely that security is determined by the custom of living above some verge, however, at the epicenter of contentment is consumption as well as physical belongings. A society where people spend most of their time, resources, and thoughts as well as energy consumption is known as a consumerist society.  One general view of such a society is that the more you possess the happier you become.

cording to Leovy (2015), the police are not doing enough because they are focusing more on prevention of crime in this community and less on arresting and bringing the criminals to justice. He takes note of recent events in areas such as Ferguson where the police have been

As Mahatma Gandhi aptly said, poverty is the worst form of violence. Indeed, poverty deprives entire communities of their well-being and security, deprives them of access to adequate food, safe water, shelter, and clothing, and also deprives them of healthcare and education. Moreover, poverty takes away people’s peace of mind, dignity, freedom, and rights, while also putting their lives in danger and depriving them of a stable future.

The increases in costs arise from the fact that it has to pay content providers such as ESPN royalties on airing their content on their channel.The payment of royalties to content providers is the main cause of the increase in pricing of pay TV within the country, especially basing on StarHub’s case study.

Inflation: for both January and March, FOMC’s reported inflation to have fallen further below the committee’s longer-run objective. Even though it appears that there is no difference in the January and March views, one can conclude that the

A cursory look in any shop window around the world reveals, more and more, cheap technology products from China, Brezis et al. (1993). Since the 1978 initiated economic reforms to a more open market economy, statistics of Chinese global trade have been of colossal sums of money.

The fact is that the economy of this region is in a very strong dependence on the euro and Russia. However, the eurozone economy is slowing (and rather rapidly), as trade and diplomatic relations with CIS. Currency and stock markets of such countries as Poland, Hungary, and the Czech Republic are very heavily dependent on inflows from the single European currency.

There is a significant reason to be worried when there is a financial meltdown in the nation. Its fall would result in sharp economic downturns among other nations.The recession would spill elsewhere in the world through trade. If the product output and the quantity demanded could fall there would be a decline in private consumption.

The idea is to minimize or alleviate antitrust or anticompetitive behavior among firms (Posner, 2001). A recent antitrust investigation case involved Google, where it was accused