Macro & Microeconomics Essays

There is a joint effort in governing the nation by the people and the government. The private sector will work together with the government to boost the economy. This type of economic system works well in nations where the economy improves through the help of companies that are guided by the government in the process of making relevant decisions. 

The proponent of Reaganomics was the fortieth American Democratic President Ronald Reagan. This policy was based on the supply side of the economy. In this theory, it was put that the most viable way to promote the growth of the US economy in the later part of the last century was to cut down taxes, mostly corporate taxes.

It is essential to state that information and technology have increasingly changed many sectors in the world. One such sector is the healthcare system. Technology advances in cloud computing, big data and analytics are examples of sectors in technology that have revolutionized the health care system.

Exchange-traded funds are innovative financial products offering the benefits of mutual funds while at the same time also offering the flexibility to have stocks. The market value of an individual ETF throughout a single trading day depends on demand and supply for each and every ETF. They follow the Index all through, but they act like Equity.

With time, people have adopted this as a culture, oblivious of the exploitation by these moneylenders. It creates a culture of borrowing, and creates a vicious cycle of debt where people cannot save but have to rely on credit.

This essay seeks to examine the effects of the fiscal policies on the private investments, particularly, the fundamentalism of

Based on the reports from BLS measure, a typical American is capable of producing four times as much output on an hourly rate in 2012 just as in 1948.thse growth rates have not been consistent over time.in the past 60 years,

Importantly, the economy is ranked among the biggest economies that guarantee a large degree of freedom. Major improvements that have been witnessed in the economy since 2003 and an increase in government spending, monetary freedom, investment freedom, trade freedom, fiscal freedom, freedom from corruption, and labor freedom.

In other works, it reduces the supply of the crop in the banana global market thereby affecting the supply curve1. It shift upwards and creates a shortage thereby pushing equilibrium price and lowering equilibrium quantity. The demand for bananas from Latin American

India has a system that is demand constraints and market-driven which has not only failed to deliver equality in success but has also not reduced poverty significantly. The flexibility in macroeconomics in an environment that is market driven is not the best solution for sustainability and growth or reduction in poverty.

In writing this article, Talley applies Monetary Policy and the Federal Reserve, one of the macroeconomic concepts. This is evidenced by how he expounds on money supply that comprises of money held in the banks and loans

In terms of consumers, opportunity cost plays a very important role in decision making. Opportunity costs help make more informed decisions and provide a clear idea of what can be gained instead of investing in one place (McConnell, Brue, & Flynn, 2008). Consumers use this as a means to ensure that their investments are put to best use.  

In an open economy, the proportion of a country’s foreign currency earned and spent for purchasing goods and services does not impact the net exports value. If the country’s net exports value is greater than zero, domestic investors are buying assets abroad, increasing NCO. If the country’s net exports value is less than zero, foreign investors are buying assets in the domestic country, decreasing NCO.

This economical problem requires us to solve for the marginal utilities of pints of Samuel Adams Beer and bowls of Legal Seafood’s famous clam chowder as derived by Senator John Joules i.e.MUSA and MUCCThe utility function is given as: U (SA, CC) = 10ln (SA) + 2ln (CC)Taking derivatives, dU/dSA = 10/SA and dU/dCC = 2/CC

As of May 30, 2013 release highlights of BEA, the real GDP grew at the rate of 2.4% in the 1st quarter of this year, which was better than the first quarters of 2010, 2011, and 2012. See Figure 1 in the Appendix Section. In terms of quarterly trend, the data in 2011 and 2012 showed quarterly fluctuation, so the 2nd quarter of 2013 may or may not be lower or higher than that of the first quarter of 2013.

It has adopted both capitalist and socialist ideologies in its economy. To initiate economic development from the countrys roots, China has focused on regional developments that later

Hayes, an economist from Britain who held that economics fill the world with illusions about the society. According to the authors, the deceit surrounding economics capacity to explain the functioning of the society is evident in the futile government

The article comprehensively discusses the main policies that had been taken by the Federal government during the sluggish phase of 2008-2013 to restore equilibrium in the recessionary economy. The conventional monetary policy of the Federal Reserve was mainly based on targeting the federal funds rate.

Researcher contrasted the UK financial scenario during the post 2008 recessional period. Moreover, different factors like the redundancy, credit market fluctuations and inflation of cost. On the contrary, currency exchange rates will be imposed on the trading operations. In the study, researcher has emphasised on the collective demand of the currency exchange rate in the UK.

In the blog article published on 1 May 2013, the writer talks about taking his car to the mechanic for maintenance work. The job did cost him $800. As per the writer, it would have cost him much less for the maintenance, had he been an expert on cars. Still, he does not desire to be an expert on cars.

Offshore-Outsourcing, simple outsourcing process or offshore process are a few of the names that are interchangeably used. Each has its distinct characteristic features. Outsource process incorporates handing over the various tasks and activities of the organization to a new agreed-upon party which is commonly called the third party.

In the process, however, its plan of becoming a key player soon plagued its economy. Powerful as it may be, the United States submitted itself to economic forces. Its military campaigns overseas and its mission of halting the advance of communism throughout the globe posed a problem in its drive to solve the recurring balance of payments deficit.

The argument has been proposed that within fifteen years’ time, due to globalisation, there will be no jobs left in the West because increasingly work can be undertaken in lower cost locations. However, it is abundantly clear to witness that globalisation maintains the direct ability to weaken the Western consumer-driven economy due to changes in both corporate administration of internationalisation policies and firms’ willingness to remain functionable on domestic soil.

In the diagram above, the discontinuity exists when relatively more 1st world inputs are used in combination with lower 3rd world input levels. However, the lower half of the isoquant is continuous reflecting that the given total output level can be achieved at all combinations of inputs provided 1st world inputs are used lower than a certain level (X2*) and the intensity of using 3rd world inputs is greater than a certain level (X1*). 

The author will explain dangers to an economy that inflation, deflation and unemployment present, then why intervention must be calibrated properly. Inflation, which usually occurs during the expansionary phase of the business cycle, is a general increase in the price of goods and services.

Monopoly is a market situation marked by a single seller, many buyers and no close substitutes for the monopolist's product. As there is a single seller and there is no substitute available in the market, the buyers are price takers. Alcoa is a company which owned and controlled every source of bauxite in the US.

How the businesses apply this data and information is decided by the top management. This brief paper examines how businesses apply microeconomics. In his

The Federal Trade Commission’s Bureau of Competition, along with the Bureau of Economics is entrusted with the enforcement of such antitrust laws in the United States. The FTC and Department of Justice review scores of merger filings every year of which 95 per cent have no competitive issues (Federal Trade Commission 2011).

This paper will identify the skills that can be us to measure determine market equilibrium and the importance of such information to business organization. The paper will also analyze the laws of demand and supply in line with their mutual determinants in the

The three types of unemployment are namely seasonal, frictional, and structural unemployment. The seasonal fluctuations in the demand for labor lead to loss of occupation. This form of unemployment is referred to as seasonal unemployment. For example in some colder climatic areas, the workers are unemployed during winter due to weather drawbacks.

It involves many different aspects that aim at improving the relationship between employees and employers and protecting jobs in the country. Labor market regulation, therefore, involves addressing

The factors of production include land, labor, capital, and entrepreneurship. The reward for capital interests, for land, is rent, for labor is wages and for entrepreneurship is profit. The marginal product of labor refers to a change in output as a result of the additional unit of labor. 

However, regardless of the ability of the benefits to sustain unemployment benefits have been perceived to contribute to an increase in the levels of unemployment (Lalive, Vanours, & Zweimüller, 2011). This is because unemployment benefits prompt unemployed individuals to refrain from looking for unemployment.

It determines how much wealth an individual is having, it is also important both as a determinant and outcome of wealth inequality. However, for one to have a good house he is required to have enough money which is determined by the amount he is paid. House ownership is a primary constituent of family circle wealth, and it comes with advantages.

The durable orders became the most dynamic spending sector registering 0.7 percent of the job income-spending index. The durable orders registered 4 percent of the index, a figure up by 5.4 percent from the previous recording. The higher percentage indicates the increase in

The author of the paper states that the industrial thread cartel that was operative in United Kingdom had been spared from any fine since there was “no proof that the undertakings participated in a continuous cartel within the five years preceding the Commission’s inspections in November 2001.

Market failure is a result of the economy’s incapability to allocate resources and is linked with the competition role in goods and services production. Supply and demand are critical in the determination of the price of a commodity in the market. The relationship between marginal utility and total utility tells about the consumer satisfaction.

The euro’s value is deteriorating on a daily basis and the costs involved in protecting commercial bonds are on the increase. The values of capital goods have also been on the decline around the globe. There has been an increase in the investors’ fear concerning the market trends around Europe.

In developing nations, human and capital resources are not highly trained and their productivity rate is quite low. Very few people take up entrepreneurship as an option and advancements

The employment rate went up a lot and it only started to drop a few months ago after nearly reaching 10%. Since more people were out of work the real GDP per capita metric was not able to distribute as much money per person since fewer workers were contributing to the formula.  The dilemma with real wages is much different.

The author states that the invisible hand determines the prices of goods and services based on the supply and demand at the time. If the government set prices for goods, then this would slow down growth in the economy. The invisible hand can force markets to equilibrium much faster than the government can.

Microeconomics is a field of economics, which involves studies of how households, firms, and individuals make resolutions of allocating scarce resources. Microeconomics is the study of the behavior of individual economic units. Microeconomics scrutinizes how these resolutions and conducts influence the supply and demand of services and goods, which determines the prices of these services and goods.

A marketing analysis is needed to analyze the profitability of this new product. According to the study of econPort there are at least six factors

This study looks at several aspects of fiscal policy, first it examines theory and empirical work on the effects of tax policy on economic activity, secondly, the study also implores on the main theoretical ideas and evidence on government debt sustainability, lastly, it looks at the main considerations that governments could/should take into consideration.

There was an increase between 1960-61, the demand then stabilized between 1961-63, there was a decline between 1963-64 then a gradual increase between 1964-1967.between 1967-68 there

For Azure Company, the account of them connecting with the (purchase money security interest) PMSI was the right decision because the PMSI provides support and security in the collateral which maintains the ABC PTY Company making the purchase of the rights to be in question and remain in the collateral hence protecting the ABC PTY Company.

It gives a more accurate figure than nominal GDP as it accounts for the prices of commodities thus a better indicator to economic status of a country. Recession is a term used in economic to refer to a period

Many people from all parts of the world have been visiting the country in all seasons for tourism, and others visit for various reasons. However, the country’s dollar has been the sole

The Paper examines the case of a developing country, Albania, and the fiscal policy taken by the government to maintain and manage the fiscal crises faced by the country following the global financial challenges and the 1998 Civil War. The paper would discuss and analyze the effect of growth based on the components of Aggregate Demand.

Satisfactory explanations and examples are well utilized to show the logic and economical effects and changes that led to a sudden increase in population during the nineteenth century (WaltonRockoff 209). I get a chance to understand the concept of