Macro & Microeconomics Essays

The author states that the current trends of consumers in the UK market depict that they are moving from one stop shopping to a bulk buying mode as there are various social changes happening in the country. Supermarkets have availability of various non-food items which are usually on sale in the market.

When the difference is negative, the country is said to be having a trade deficit and when the difference is positive it is said to have a trade surplus. The term net capital outflow refers to the net flow of funds being invested by a country in other countries within a certain period (Lukes, 1959). The flow of capital is determined by real interest rates.

The factory should be settled in a position where the transportation facilities are excellent. This would help the company to efficiently transport its manufactured materials to different retail destinations. Other facilities like electricity, and water should be adequately available in the manufacturing outlet of the firm.

Hollywood has provided an artistic understanding of economics over the years. This paper will explore the films I have seen, and their corresponding economic ideas. These concepts were not only limited to the film but also influenced markets after viewing.

Firms buy the cap as permits, which allows them to emit pollutants to a certain limit. The number of permits a firm should have must be equivalent to the number of its emissions. If a firm has to augment its emissions, it will have to purchase carbon credits from other firms, which do not need many permits (Abramson & Kieffaber 2003 p. 8).

The overall macroeconomic picture of the UK looks quite bright as the country remained successful in increasing the real GDP growth until the 2008 recession which hit the country hard and after almost two decades, the country experienced negative growth in terms of real GDP. Recently, the country experienced negative growth in real GDP in 1991.

Economics is an essential function of society, which is interdependent on both the social and political functions of society (Kroll, 1999). Economics affects individuals living in the United States by influencing their standards of living. On the other hand, it affects the firms by determining the scope of their jurisdiction; economics influences whether a firm will engage in domestic, international or both trades (Kroll, 1999).

The share of the realized value for transport, warehousing, post, and telecommunication has declined to 1.96%. Scientific research, technology services, and geological prospecting though have realized a rise in their share (4.74%) of several projects but in terms of realized value, the rise in its share (1.71%) is nominal (FDI, 2012).

It all started in 1929 and the world trade shrank by more than 50 percent. The great depression is known as the worst economic decline in modern economics history. Employment decreased greatly all over the world and poverty reached new levels.

The issue with the water is not available; it deals with the quality of the liquid. The average American uses 176 gallons a day which is very high considering that Africans survive with 5 gallons per day. A country such as Africa faces major problems due to its lack of water because water is a mandatory utility that is needed to perform business.

Due to the on-going liquidity crisis in Europe, the European banks including other financial institutions are facing difficulty in getting access to short-term credit. Aside from its implications to the U.S. economy, the on-going European economic crisis will also affect other global economies.

The concept of poverty is a confluence of social, cultural, political, and economic paradigms which may have marginalized a minority group, deprived a populace, are unable to economically empower a nation, are suffering a dysfunctional government, or maybe of social injustices brought by the disparity in the access of resources and governance.

The demand for goods of various types has decreased, leading to concerns in regard to the potential of industries to pay back the investments made on them (Bank Audi 2008). In Qatar also, similar concerns have appeared even if the actual performance of the country’s industries is, still, at high levels.

The paper used a review of literature related to the debate on legalization of Marijuan in the US and its impacts on the US economy and society. The research hypothesized that the costs related to the legalization of Marijuana outweigh any benefits that can be drawn.

Internationalization of Economies. Using your knowledge and understanding of economic theory, discuss some advantages and some risks of globalization. Assess the arguments for and against floating exchange rates, and the arguments for and against fixed exchange rate.

There is evidence to suggest that the spending reviews have contributed to the effective control and use of public spending.  Assessment of the results of spending reviews has given way on several occasions to changes in spending levels across departments. The reviews also provide venues for fiscal performance assessment by strategic unit.

The commodification of money has resulted in both alienation and freedom for western societies. In investigating this question, I am also compelled to question the virtue of freedom as it is experienced in the western world. Is it truly desired to be free from the social bonds and obligations of a community? I am not convinced.

As the paper stresses the book takes note of world population, pollution, food production, industrialization, and resource depletion as the results contributed and affected by the exponential growth of the entire industry. The book Limits to growth: the 30-Year Update examines that industrial production, food production and etc.

The FIFA World Cup has been identified as the world’s biggest single-sport event that takes place anywhere (Aslund, 2012). It is hosted quad-annually, meaning once every four years. Once the World Cup bid is up for nomination, several countries put in a bid due to a number of reasons. Generally, countries put in their bids looking at the merits that they will derive from socio-economic perspectives.

It is important to state that India’s international debt has been rising in the recent past, according to 2012 figures, it stands at 390 US dollars. The greatest contributor to this debt is external commercial borrowing, which was intended to spur growth among Indian companies and to help them meet their import costs.

Great Britain, the United States, Russia, and France were among forty countries that met at Bretton Woods in July 1944 over the issue. The objective of the meeting was to lay the strategy for the international financial order at the end of World War II. The new order was geared toward preventing another economic catastrophe in the world.

Outsourcing had more benefits for the exporting countries and firms than it did for countries and firms who were not exporting. The authors elaborated in this study that a possible reason might be that countries and firms operating internationally have more knowledge about this practice and thus face lowers costs in the process.

The perfect competition market structure is a situation in which traders sell homogenous products, have no artificial entrants and exits to the market and producers are so many that they have no effect on market outcomes. No such industry exists in reality but the ideas and concepts are useful in analyzing how markets are supposed to work.

Each of these elements will be discussed in turn and an evaluation of the facts would be made thereafter. Contracts and their formation and giving legal effect to them is a matter which has been scrutinized critically by case law and statutes. The contract being formed is dependent upon an offer, which in turn requires an acceptance upon the conclusion.

The Department manages everything from tax legislation, federal government – provincial transfers (for health care, for instance) as well as fiscal policy and legislation. This makes selecting a particular policy or two that the Department of Finance should address a difficult task – but there are two that stand out as being ripe for addressing at this particular moment – updating the tax code to provide more benefits to low income families, and altering federal government – provincial income transfers.

It has some of the world’s deadliest destruction devices, including nuclear power weapons, which can clear or wipe half on the world’s vegetation, and every living being. Russia has also participated in exploration of the moon and other planets setting up satellite and other data centers that can be used to track people and devices.

Where the global financial crisis has landed the biggest economies of the world into trouble, it has also offered them another chance to look over their current economic and financial practices. Not only has the crunch changed the way development is judged but has also lead to change in the way development is perceived.

Globalization, without a doubt, is one of the fascinating concepts of the 21st century. Polarized from its very definition to the explicit effects on the trans-border exchanges across the globe, the concept, seemingly, knows not unanimity.

Gaining cooperation from an uncooperative co-worker would be challenging, but I know that I would be able to manage the situation. The first thing that I would do is figure out why my co-worker was acting in such a manner. There must be an underlying issue that is causing them to be uncooperative. Once I know what the problem is, I would work on finding a solution.

According to Menger, economic analysis is applicable universally. Man and his choice are the suitable unit of analysis. Individual subjective preferences along with margin that provide the basis for decision making determine these choices. The logic choice is the fundamental unit of developing an economic theory that is universally valid.

The data collected from the selected Apple store will also be used to calculate the regression analysis, which be used to estimate the forecasted sales and demand for the Ipads. Lastly, the profitability and economic conditions of Apple Inc will be determined and recommendations given for future new or current products pricing.

In this marketplace-oriented financial system, private individuals and business organizations make the majority of the decisions, and government obtains required commodities and services mainly through private markets. US business organizations enjoy significantly superior flexibility than any of their counterparts in Japan and Western Europe starting from taking decisions to developing lay off surplus, employees, capital plant, as well as innovating new goods.

With regards to the social welfare theory that is aptly represented within this particular case, the price ceiling that exists denotes the fact that the individual consumer within the economy will not be expected to pay more than a given amount for a gallon of milk.

Apple is a US-based company that deals with the designing, development and marketing of personal computers, consumer electronics as well as computer software. Having been founded in 1976 by three renowned entrepreneurs namely Steve Jobs, Ronald Wayne and Steve Wozniak, Apple has attained a competitive edge in the technology industry making it an industry leader.

Therefore companies or organizations look to put up the recruitment advertisements on the job sites which are accessible all over the world. This provides them the opportunity to select the best brains from the list of applicants.

According to the paper, India and Vietnam are growing into important global outsourcing countries for other economies. The countries are the major players in the South-East Asia, including that they are major suppliers of services and labour. The paper contains recommendations on the strategies that can improve competitiveness of their economies.

Industrial Revolution and Unemployment in UK. Introduction Industrial revolution was dependent on the ideologies of scientists in developed societies. During that period, the UK society embraced the radical revolutionary dynamics in the global society while focusing on technological advancements, and its essence in the assurance of positive acquisition of success in advancements.

A lot of development took place in the 19th century. The large industrial working class replaced craft workers, while the labor market entered a period of labor homogenization. This was followed by a lot of deskilling and mechanization. After the Second World War, the labor market was divided into the primary and secondary labor markets. 

Auspak Avocados, trading as Avocados Export Company (AEC) is one of the biggest exporters of fresh quality avocados to the international business markets. The company operates its business in various regions of the world and might tend to expand its business in Netherlands due to its stronger financial condition and also for raising need of nutritious fruits in the nation.

The project deals with the competitive analysis of a business firm. The market position of the firm will be analyzed in the project. The success or the failure of the firm in recent years and how they can make optimum utilization of their resources will be analyzed. The most important part of the project is the process of value creation for the chosen firm. 

Secondly, there must be no close substitute available for the product offered by the monopolist. Therefore, a sole provider of petroleum cannot be considered a pure monopoly as natural gas is a close substitute for heating or electricity purposes. Thirdly, due to some strong reason there must be barriers to entry and survival of potential competitors in the industry so that the firm’s monopolistic behavior and excessive profits could persist (Baumol, Blinder 2007).

The percentage of spending allocated to obesity and related diseases has increased significantly over the years. This has had adverse effects on the cost of medical care. This indicates that immediate action should be taken to control it. This paper gives an in-depth analysis of the impacts of obesity on the healthcare system.

This paper involves analyzing different market structures. It also analyzes the price and output changes that will arise as a result of the transition from monopolistic competition to a monopoly. This paper also proposes the best market structure to be taken by Wonks in the potato chip industry so as to benefit all the stakeholders. 

Moreover, the emergence of a liberal market has also spurred the growth of different employment sectors both in relation to the developed and developing economies. The project focuses specifically on the Indian economy where the emergence of a liberal market framework has led to the birth of casual forms of employment in sharp contrast to the existence of only organized employment sectors.

The US has acute employment issues with millions of citizens going without employment for a period of more than a year. It must be noted that economic growth is a balance between consumption and expenditure of which growth is drastically reduced due to excessive consumption hence the government has to provide job opportunities.

A clear indication of this can be referred to statements given by France’s President Nicolas Sarkozy and Angela Merkel of Germany on New Year’s Eve. In their respective statements, they warned that things concerning the Eurozone crisis would be getting dire in 2012. The Eurozone will enter a double-dip recession in 2012.

An estate tax, also called inheritance tax, refers to any tax that is levied on assets left behind by a decedent. During the transfer of assets after death, federal governments as well as the state government usually charge some tax. According to the federal government, the 2012 estate tax involved an exclusion of $5.12 million with a top rate of 35%.

The economic indicators contribute in analyzing the performance of an economy and in forecasting the future performance. The major macroeconomic indicators include GDP, inflation and rate of unemployment. The assignment will discuss about the measurements of the key macroeconomic indicators as well as the importance of each indicator.

Medical cover for the top office holders is usually a higher percentage than that of the staff that also does most of the work as well as long hours. A free market is better in that, junior employees are well looked after and motivated. This is done by private companies to better their services and match up with their competitors.

The specific phenomenon is related to the increase in labor costs for the same period. The problem could be resolved by taking measures for controlling inflation. In regard to the Agricultural industry no signs of labor productivity decline have appeared, probably because of the industry’s important performance in terms of the average level of production.