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Essay Samples on Macro & Microeconomics

Income determination
market only, but it is a scenario reported by all developed economies from 1982 to 1990. However, the increase in the noninterest income increases more rapidly in large banks compared to smaller banks.9 Therefore, the traditional source of income for the bank is being replace...
Pages: 6 (1500 words) , Essay , Income Distribution , Income Inequality
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Endogenous Generation of First Mover Advantages
We'll take an introductory look at game theory and the terms involved and introduce a simple method of solving games, called backwards induction. “Game theory was developed in the 1950s as a means of using mathematical models to analyze conflicting economic phenomena and to find...
Pages: 10 (2500 words) , Essay
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Monetary Policy Assignment
In the April 2014 press release, the interest rate has been retained the same, showing that the FOMC members are considering the efficacy of the existing monetary policy with regard to the interest rate and its close association with the unemployment rate and inflation rate....
Pages: 9 (2250 words) , Essay , Monetary Policy , Unemployment Rate
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Define the terms constant capital, variable capital, and surplus value. What role do these three factors play in the process of capital accumulation
apital al Affiliation: Capital Capital can be used to mean a number of things depending on a given context. Generally, it refers toall the financial resources that are available to be used at either personal or company levels. It is completely different from money since...
Pages: 6 (1500 words) , Essay , 1984 A
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What cultural challenges do multinational corporations face with people management in some overseas locations Critically discuss using illustrations to demonstrate your argument
Retaining and Engaging a Changing Workforce Retaining and engaging workers in foreign locations is one of the most common challenges faced by multinational corporations. This usually happens because of the difference in culture, in particular, how they are handled in their home country. It is often...
Pages: 11 (2750 words) , Essay , Multinational Corporations
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2014 FOMC Meetings
However, the inflation rate is expected to be above the committee’s objective rate of 2%. With that expectation, the committee confirms to review the Federal fund rate according to information received from inflation growth. If it grows, then the federal fund rates will also increase....
Pages: 12 (3000 words) , Essay
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Economic Development Strategies of China after WWII
China, Deng believed, needed “to carry out major reforms in the various branches of the economy with respect to their structure and organization as well as to their technology” (Schuman 129). This way he hoped that Chinese peasants and industrial workers would garner more benefits...
Pages: 6 (1500 words) , Essay , Going After Cacciato
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Economic Development Strategies of China after WWII
Some feared Chinas opening to the world would allow corrupting influences to seep into society that could threaten Communist rule. Others thought Deng was ditching Communism altogether. As a Communist Deng, rejected large swaths of Maoist doctrine and turned China toward the international capitalist economy. The...
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Should University Education be Free Case of Student loans and whether it cause short term effect of educational debt on job decisions
However, whether they are actually acting as an aid or increasing financial burden is still a question that needs to be answered (Altbach et al., 2009). Furthermore, there is a debate on the fact that education is a public good hence, should be made affordable...
Pages: 10 (2500 words) , Essay , Student Loans , Economics of Education
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The Impact of Global Economic Crisis and Responses To it: The Case of Greece & Turkey
1.2 Culture The Greeks value and adore their culture and history and thus will find it enjoyable sharing and discussing about it with other people and foreigners. However, it is important to avoid the issues of politics and religion as this tend to be sensitive issues...
Pages: 10 (2500 words) , Essay , Economic Crisis
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Critically discuss the view that the Cournot, Bertrand and Stackelberg models of oligopoly are fundamentally flawed and are unable to explain recent events in the markets and industries
q2 Reaction function R2 (q1) q1 R1 (q2) Source: Bulletin of Economic Research Cournot models assume firms do not rectify the mistakes that they had done in previous transactions. In addition, the model may not be applicable to other forms of market such...
Pages: 6 (1500 words) , Essay , Bertrand Russell , Game Theory
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Explain the different reasons why we observe low levels of intake of health micro-insurance in many developing countries
One of the Millennium Development Goals (MDGs) was to provide affordable healthcare through allocating at least 15% of the GDP in the health sector (Diop, 2005). However, with the realization of this goal remaining a dream for most countries in Africa, the government hospitals remain...
Pages: 8 (2000 words) , Essay , Health Insurance , Ignorance
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Sovereign Wealth Funds
Though the asset values held by the ADIA have not been publicly disclosed, yet the estimated valuation of the assets held by the organization is given as USD 800 billion to USD 875 billion. As per the records of the SWFI, the total value of...
Pages: 8 (2000 words) , Essay , Authority
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In professional team sports, the objectives of the owners of clubs and franchises are often thought to have serious consequences for the structure and regulation of leagues. Use economic theory to explain why this might be the case, and discuss the empiri
These leagues are multi-billion dollars ventures that contribute significantly to the GDP of their respective countries. Players’ drafts, salary caps, roster limit, and player trading restrictions govern the labor market of professional sports. Gate collection sharing, collective sale of television broadcasting rights, and joint merchandising...
Pages: 8 (2000 words) , Essay , Major League Baseball , Profit Maximization
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The Debate Over Slavery is Prevalent
Aristotle has asserted that the barbarians were slaves by nature. It is like the superior and inferior relationship existing in the house such as the child to the father, wife to the husband; body to mind, etc. Slavery lay in the slave’s innate, natural inferiority....
Pages: 8 (2000 words) , Essay , African Slave Trade , Atlantic Slave Trade
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Economics for Business: Individual Portfolio
Due to this, UK government has to intervene and provide support by reducing discount rate, equity participation as well as through quantitative easing. Falling Housing Prices One of the key reasons as to why the economy further made a slide into recession was the drastic reduction...
Pages: 7 (1750 words) , Essay , Comparative Advantage
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Explain and discuss the meaning and measurement of income inequality in a developed economy (eg UK).Critically discuss, using relevant evidence, the possible economic causes and consequences of an increase in income inequality for a developed economy
The commonly used measures include the Lorenz curve and the Gini coefficient (Milanovic, 2011 p. 17). The Lorenz curve is important in showing the relationship between the cumulative percentage of households and the cumulative percentage of income. This is done after the households whose data are...
Pages: 6 (1500 words) , Essay , Economic Inequality , Income Distribution
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Discuss the analytical foundations of the Phillips curve
The level of unemployment reduces as the workers demand for higher wages resulting to wage inflation. On their part, firms raise prices as the result of increased demand (Blanchard and Galí, 2007). As the result, the economy experiences a decreasing level of unemployment but a...
Pages: 6 (1500 words) , Essay , Inflation
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Leaving for your consideration
According to Martin Friedland (1970), a history of Canada with its economic, social, political setting could be drafted on the history of Canadian gun-control legislation. (Brown, 2012, p, 1). This research essay will look into the history of gun control laws of Canada, how it has...
Pages: 16 (4000 words) , Essay , Economic Analysis , Gun Control Laws
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The Economies of China and India - Which Country Has the Best Prospects
Performance in the agricultural sector is of immense importance for future policies and strategies to achieve the Development Goals, mostly the crucial first goal of eradicating hunger and poverty, with the exact targets of halving between the years 1990 and 2015, the number of people...
Pages: 8 (2000 words) , Essay
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