Samples Economics

Economics Essay Examples

The story of San Bernardino Bankruptcy Analysis is significantly different from other US towns that faced either insolvency and bankruptcy. The blend of the economic and political reasons made San Bernardino case very different. The city with about 210, 000 residents located about 65 miles east of Los Angeles declared...

1175 words 4 page(s)

Bilateral and multilateral trade agreements have mushroomed in the recent decades. There is empirical evidence that they boost international trade and contribution to the globalization or, at least, the regionalization of economies. At the same time, trade agreements, including their most prominent subcategory of free trade agreements (FTAs), have been...

682 words 3 page(s)

The Central Bank's willingness to control how money flows in the market is based on its intended function, which is to stabilize an economy when the market has become unstable or depressed. The Central Bank's primary goals are to keep employment levels high, ensure stable market prices, and control interest...

662 words 3 page(s)

Competition in the economy encompasses the rivalry among different sellers in given market structures trying to achieve common goals such as increased market share, profits, revenues and sales volumes (Lawson, 2015). Consequently, these sellers compete through manipulating some of their marketing mix strategies such as changing the prices, product attributes,...

1062 words 4 page(s)

At first glance, the decision to review an article on ecological economics may seem to be counter-intuitive. After all, the field of environmental economics itself is relatively new and would appear to be, broadly encompassing. While mainstream in its approach, environmental economics has long been considered by some, lacking it...

898 words 3 page(s)

In the traditional modern economy there is a micro level in which individual makes specific purchase, production and sales decisions and conduct direct transactions with other individuals (Kirst-Ashman, 2014). There are also mezzo systems, which represents a more aggregated level of the system. The mezzo system shapes the micro level...

619 words 3 page(s)

Qatar is an emerging market participant in the market classification review by the Morgan Stanley Capital International (MSCI). MSCI is a US-based firm that provides equity and measures stock market worth and presentation in worldwide emerging index markets. However, MSCI covers different classes of assets in the global market. The...

631 words 3 page(s)

It is a common argument that when economic development takes place in a country the disparities that exist in the that country are reduced and that everyone can therefore be seen to benefit from economic growth and the development that it involves. Despite this, it is manifestly the case that...

622 words 3 page(s)

A black market allows the private buying and selling of goods and services that are forbidden or controlled by the government. Classic examples of goods and services traded in black markets include some forms of gambling, phonographic materials, and illegal drugs. Such markets commonly exist in economies that are highly...

1062 words 4 page(s)

Abstract  This paper investigates the real and potential benefits of the informal economy, or black market. It does so from the perspective of the current global economic crisis, as well as from the eves day lives of people who find themselves embroiled within it. The paper claims that, from both...

1127 words 4 page(s)

The economic and industrial developments of the 19th century brought with them significant social, economic and cultural changes. The Lowell National Park provides a history of these developments. Some of the history includes farm-to-factory transitions, history of immigrant labor, history of development of social classes and emergence of America’s industrial...

636 words 3 page(s)

The Cold War between the U.S. and U.S.S.R was not just a battle for military supriority but also the clash of ideas. U.S. victory in the Cold War helped promote capitalism around the world because capitalism proved itself the best economic system. Capitalism is better than centrally-planned economy because it...

663 words 3 page(s)

The tourism industry has long been a significant source of revenue throughout the Caribbean. Factors such as climate and spending power attract tourists from throughout the world, which largely assists in alleviating the consequences of the limitations in other economic and geographic opportunities. Unfortunately, however, the tourism industry has faced...

297 words 1 page(s)

The United States is in the midst of a global energy crisis. Breaching the end of their reliance on non-renewable energy sources such as oil, coal and natural gas, what has emerged is the viable alternative of hydrogen fuel. In fact, hydrogen power was so enticing that the Bush administration...

333 words 2 page(s)

I think the statement: 'Forecasting in public budgeting is always going to be wrong, therefore it is a waste of time.' is false because there is a reasonable reason to forecast in public budgeting, which is “to err [and to] plan… [That means to] acknowledge and deal with errors” (Swain...

704 words 3 page(s)

As a corporation, Disney has a significant economic impact in three main areas in the United States: The Western entertainment industry, Orlando tourism, and Anaheim tourism. In fact, Disney World in Orlando alone impacted Florida’s gross domestic product (GDP) by 10 billion dollars just from gate admissions and theme park...

626 words 3 page(s)

When studying Economics, students encounter a large number of theories and concepts from various schools of thoughts. The theoretical aspect of the subject is often considered boring and not useful since many people do not recognize the practical value of the studied concepts. Indeed, it may seem that some theories...

624 words 3 page(s)

The North American Free Trade Agreement (NAFTA) was developed in 1994 to encourage the United States to improve trade relations with Mexico and Canada. Mainly, NAFTA incorporated liberalized approaches to trade whereby tariffs were removed to encourage the three nations to increase both domestic and cross-national trade. Particularly, the agricultural...

611 words 3 page(s)

In an article on the 40¢ per gallon price reduction on gas, Chris Isidore claims that the average price of gasoline has decreased since its peak in April by 10%. This is an example of comparing two measures of central tendency without incorporating measures of position or dispersion. While the...

357 words 2 page(s)

Consumers want to have high quality products. They do not want to buy products that work improperly or that fall apart after minimal usage. At the production level, there are many different things that can cause failures in quality. The main reasons for failures in quality are Man, Machine, Management,...

276 words 1 page(s)

Political Environment Online advertising has an interesting political environment because of opposition is some political circles (Burkhalter, 2012). The opposition is due to the explicit nature of some of the advertisement and the ability of the internet to allow unlimited access to material regardless of the age of the viewer....

1109 words 4 page(s)

Wheat is one of the earliest grains to have been utilized as a cereal food source. Wheat possesses the ability to self-pollinate, contributing enormously in the selection of many of today’s domesticated varieties. Archaeological and anthropological records suggest that this first occurred in the regions known as the “fertile crescent”,...

425 words 2 page(s)

a. The target market of the PowerBar, and in fact all other energy bars, consists of busy women with little time on their hands. These are looking for taste and nutrition in the product. Health is a primary concern for these women, therefore they are mindful of the amount of...

622 words 3 page(s)

Outsourcing is regarded as the process where a company contracts some of its in-house services to an outsider contractor, as a way of cutting down on operational costs. Most of the American corporations are hiring other companies or individuals to manufacture for them products that were previously produced in the...

701 words 3 page(s)

Within the scientific world, there are a number of topics that are overwhelming biased through cultural outlook and beliefs in terms of their real world applicability. This is unavoidable, as cultural beliefs heavily influence the perceptions and ability of an individual to understand the world around them, and as such,...

576 words 2 page(s)