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Essay Samples on Macro & Microeconomics

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Features of Different Types of Economic Systems
Capitalism is an economic system in which economic activities are facilitated by means of production that are largely in the hands of private individuals and operated at a profit, for this reason, some of the important features of these economic systems include accumulation of capital,...
Pages: 7 (1750 words) , Essay , Political Corruption , Political
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Fiscal policies are the best way of achieving the macroeconomic objectives of an economy. Discuss
Fiscal policies are the best way of achieving the macroeconomic objectives of an economy Q5 Fiscal policies arethe best way of achieving the macroeconomic objectives of an economy. Discuss. [25 marks] The macroeconomic objectives of an economy are to maximize the levels of...
Pages: 10 (2500 words) , Essay , Government Spending , Fiscal Policy
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Final paper
There are high barriers to entry and exit from this industry, which prevents competitors from entering into it (Amacher& Pate, 2013).It’s a one firm industry in which there is no need for differentiation because no substitutes are available. There is a single product completely under...
Pages: 8 (2000 words) , Essay , Perfect Competition , Oligopoly
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Factors that cause shift in demand curve
This will cause the demand curve to shift to the right. (Bized n.d.) If the good is a normal good, the shift in the demand curve will be towards the right. (Beddone n.d.) Let us consider an example, if burgers are considered as normal...
Pages: 6 (1500 words) , Essay , Demand Elasticities , Demand
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Fiscal Policy - See Order instructions
The strategy, as presented by Great Britain (2011:9), entailed cutting government spending as a means of tackling spiraling budget deficits. It aimed at inspiring a sustained reduction in public spending. Additionally, the strategy also pursued VAT increment from 17.5 percent to 20 percent, cuts in...
Pages: 8 (2000 words) , Essay
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These preferences are modeled through Indifference Curves (IC). IC curve is a compilation of all commodity bundles which offer consumer with the constant level of utility (Chiappori & Ekeland, 2006). For the construction of IC curves, some assumptions have been made, such as:This equation shows...
Pages: 7 (1750 words) , Essay
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Factors & Mechanisms Aiding in the Rise of the Inflationary Performance
It is evidently clear from the discussion that price stability is one of the guiding factors in designing a monetary policy.  Institutionalization of price stability is the major mechanism that would really help in improving the performance of the inflation.  In this way, the inflationary...
Features Of Australian Federal Budget 2011
Wayne Swan, the Deputy Prime Minister and Treasurer of the Commonwealth of Australia, promises that the Australian Federal Budget 2011 will enable the country to return to surplus by 2012-13 and this situation, in turn, may benefit the nation to ease the pressures on inflation...
Pages: 6 (1500 words) , Essay , Budget Deficit , Natural Disaster
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FDI and Technology Spillovers in China
Foreign companies contribute immensely to the growth of the economy in China, even as these are the source of FDI in the country. These foreign-invested enterprises remain core to China's foreign trade even as they continue to contribute to the growth of foreign trade in...
Pages: 11 (2750 words) , Essay , International Trade , Technology
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Free International Trade System
Trading goods and services without barriers are important in the global setting. This practice should be promoted globally. Over and above comparative advantage, a number of theories back up international trade. The prospects of international trade further necessitate the installation of open markets....
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