Economics Essays

Latest Economics Essays

• Strengths and Weaknesses of Sen’s Theory of DevelopmentPublished: Mon, 18 May 2020Extract: 1.      Abstract The first Asian and Indian economist who win the Nobel Prize in Economics, Amartya Sen argues that human development is highly connected with citizen’s capabilities (Corbridge, S. 2002). His impact in economics is significant. Economist Amartya Sen contributed in different social fields such as welfare economics, social choice theory, economic and social justice, […]
• Assessing the Role of Ordering in Sequential English AuctionsPublished: Mon, 18 May 2020Extract: Assessing the Role of Ordering in Sequential English Auctions – Evidence from the Western Video Market Auction Abstract In a sequential English auction, where multiple homogenous objects are offered, it is often found that the price tends to decrease over the course of the auction, which is referred to as the “declining price anomaly”. This […]
• Relationship between Population Decline and Disposble Income RatesPublished: Mon, 18 May 2020Extract: The word “poor” is defined as “having few possessions” by many dictionaries. Merriam-Webster’s online dictionary (n.d.) explains it as “1a: lacking material possessions” and “2a: less than adequate”. Cambridge Dictionary (n.d.) defines it as “A1: having little money and/or few possessions”. I related these definitions to a larger scale and assumed that a poorer society […]
• Relationship Between Labor Market Policies and Labor ProductivityPublished: Mon, 18 May 2020Extract: [1]  While it is commonly acknowledged that the United States has a significant lead among other developed countries in terms of labor productivity, or in other words, gross domestic product (GDP) per aggregate hour worked, little is known about the main drivers of this productivity gap. While Canada is considerably similar to the United States, […]
• Pheonixing Activities in the EconomyPublished: Mon, 18 May 2020Extract: Question 1 The Black Economy Every country has its economic activity that sustains its citizens. According to the laws of the country, reliable economic activity that sustains the needs of a particular household needs to be registered.  The economic activity has to have some certain rules and regulations which it’s entitled to. However, there are […]
• Characteristics of Fordism and the Impacts of Post-Fordism on the EconomyPublished: Sat, 08 Feb 2020Extract: It is widely argued that the era of Fordism began with the development of the model T motor car, the world’s first successfully mass-produced car, at Henry Ford’s Piquette Avenue manufacturing plant in Detroit, Michigan (Bryson and Henry, 2001). From this, a new age of production developed, changing both the economic and the political landscape […]
• Determination of Economic Indicators for WalmartPublished: Sat, 08 Feb 2020Extract:  Last week was a tale of Walmart and how it transformed from a 5 & 10 store to Walmart. There was a look into the financials, stocks, and forces that would affect the stores nationally and globally. A look was also taken at certain areas such as diversity, their traits and a SWOT was accomplished […]
• Capitalism: A Road Towards Global and Financial CrisisPublished: Sat, 08 Feb 2020Extract:  Michael Moore’s Capitalism- a love story is a documentary film about how corporations exploited the public for their own interests on the name of capitalism and its impact on economy. According to him, capitalism, far from being a system that rewards excellence, has turned American society into some business entity that only cares about profit […]
• Non-negative Impacts of Poverty and the Inequalities of GrowthPublished: Sat, 08 Feb 2020Extract: Abstract What would happen if extreme poverty suddenly ended? What if poor nations caught up with rich ones? This paper was written because recent financial crisis has sparked the debate on how to end extreme poverty. This paper aims to provide evidence on the non-negative impacts of poverty and the inequalities of growth. Furthermore, it […]
• How Did the U.S-China Trade War Affect the State of Illinois?Published: Sat, 08 Feb 2020Extract: A trade war is an economic conflict which is the result of protectionism where the Countries that participate impose tariffs to the other party. The increasing of protection leads the parties’ output to move toward an autarky position. US-China Trade War: Since 2018 the U.S and China are in a trade war by imposing tariffs […]
• Formation and Impact of the Informal SectorPublished: Sat, 08 Feb 2020Extract: What is the informal sector? Explain its formation and its persistence despite substantial economic change in cities in late industrializing countries. What would formalizing the informal sector mean in practice? What might be the role of the state? Provide evidence where formalization has/has not worked and offer some reasons why that was case. Introduction The […]
• Microeconomic Analysis of the Boston BruinsPublished: Sat, 08 Feb 2020Extract: Introduction Since 1917, the National Hockey League has been the premier league for hockey players, coaches, and fans alike. Hundreds of thousands flock to stadiums across the United States and Canada to catch a glimpse of their favorite hockey team fight for a chance to win the Stanley Cup. With such a large and dedicated […]
• Will Saudi Arabia’s 2020 Vision Work?Published: Sat, 08 Feb 2020Extract: Saudi Vision 2030 will it work? Economic diversification is now important for countries that depend on one source of income that is affected by prices like oil. No country is important in affairs of oil like Saudi Arabia and the drop in oil prices in 2016 has caused promptly deteriorating budgets of oil-producing countries (Wall […]
• Moral Hazard Perspective of the 2008 Financial CrashPublished: Sat, 08 Feb 2020Extract: The Moral Hazard perspective on the financial crisis of 2008: An Explanation for How Moral Hazard lead to the default on the subprime mortgage, Lehman brothers and the collapsed Enron.   ABSTRACT This article will explain how did the moral hazard become a typical problem I the economy system, and how the asymmetric information lead […]
• Impact of the Decline of US Hegemony on World Economy GovernancePublished: Sat, 08 Feb 2020Extract: Subject: What will be the consequences of the decline of US hegemony for the governance of the world economy? In the discipline of international relations, the concept of “hegemony” is used to define a powerful state that has the ability to lead the international order with political-diplomatic, military, economic and cultural instruments. In history, some […]
• Evaluation of Fiscal Decentralization as an Effective Tool for Government ReformPublished: Sat, 08 Feb 2020Extract: 1. Introduction Fiscal decentralization is the re-formation of governments where power is being transferred from the central government to local government authorizes. Fiscal decentralization enhances corporation, participation, transparency and accountability in public service delivery (Kwon, 2012; Faguet, 2014). The last few decades have seen a lot interest in fiscal decentralisation globally by public administration scholars, […]
• Economic Evaluation of GermanyPublished: Sat, 08 Feb 2020Extract:   Contents Summary Introduction History Economic Terms Economic Analysis of Germany Comparison of Germany to Other EU States. Future Recommendations to The German Economy. Leaders Of German Economy- Conclusion GDP composition by end use Summary   Germany is a country located in the continent of Europe and is a member of Schengen state. Its economy is […]
• Microeconomics Paper on ChipotlePublished: Sat, 08 Feb 2020Extract: Introduction  The purpose of this paper is to conduct an analysis of the Chipotle Mexican Grill in relation to its production, demand, and supply of its product. The paper explores the supply and demand conditions of Chipotle’s products through evaluation of trends in demand over time and analyzing the information regarding supply and demand for […]
• Successes and Shortcomings of Dynamic Stochastic General Equilibrium ModelsPublished: Sat, 08 Feb 2020Extract: A Critical Discussion of the Relative Successes and Shortcomings of Dynamic Stochastic General Equilibrium Models From the late 20th Century, Dynamic Stochastic General Equilibrium (DSGE) models grew exponentially in popularity and prowess, used by an overwhelming proportion of central banks in the developed world (Coenen et al., 2012) to provide (at least) theoretical foundations for […]
• United Kingdom’s Command and Control Approach to Petroleum and Diesel AutosPublished: Sat, 08 Feb 2020Extract: The worldwide mass utilization of petroleum and diesel autos (PDC) has brought about negative externalities on the surroundings and societal prosperity. This exposition will address United Kingdom’s command and control approach: a prohibition on PDCs by 2032 and its helpfulness in combatting market collapse. By assessing the approach’s adequacy and its possible impact on related […]
• Economic Impacts of Natural Disasters on Pacific Island CountriesPublished: Sat, 08 Feb 2020Extract: Introduction Natural disaster frequently disrupts economic and social development in Pacific Island countries (PICs). Over two decades, there has been an increase in the number as well as the intensity of such occurrences and it is the developing states that are bearing the full brunt of these events. Consequently, after a natural disaster, the developing […]
• Impact of Increased Business and Trade on MoroccoPublished: Sat, 08 Feb 2020Extract: Abstract  This report shows a nation that is having an increase of business and trade activities in the past decade and had been achieving high rating in relation to the rest of African countries. Three criteria have been used to identify the capacity of the nation at the moment and its s viability to hos […]
• How Does the Current Global Economy Lack Diversity?Published: Sat, 08 Feb 2020Extract:  “The metabolic connection between so many organisms provides biological synergies, nutrient availability to plants, checks on disease or insect outbreaks, etc.” Diversity in the global economy is essential to sustain a balance and support the variety of****. However, the current global economy suffers from a lack of diversity in a variety of ways. The wealth […]
• Microeconomic Explanations for Fertility TrendsPublished: Sat, 08 Feb 2020Extract: Introduction The economic consequences of population growth have been a recurrent theme in development literature throughout history. However, attempts to analyse the microeconomic explanations for fertility trends is a more recent occurrence. Studies of population growth, in particular on fertility, have consistently pointed to female education as a major influence on differences in fertility rates. […]
• The Association between FDI and GDPPublished: Sat, 08 Feb 2020Extract: Abstract Foreign direct investment is a causing faster growth in many different countries. The way FDI presents itself and its impact on economic growth in the countries has been different in each and every country. There have been many studies with different results on how FDI affects economic growth, but some of the results have […]