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Essays in economy general

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14 Nov 2023

The Future of the Euro Currency

Essay - 7 pages - Economy general

The currency union is frequently lumped up with the European Union itself, which aims to achieve a more political set of objectives. Regardless, the recent upheavals the Euro zone has experienced since the great financial crisis and the ensuing recession in 2008/2009, have brought into question...

13 Nov 2023

To what extent should economic theory provide expertise for decision-makers?

Essay - 5 pages - Economy general

The use of economic theories can give rise to interpretations, depending on one's ideas, but also to biases that need to be taken into account. For example, the economics of nudge developed by Robert Thaler demonstrates that an economic theory does not necessarily have to be applicable....

11 Sep 2023

Crises of Capitalism: 1847, a 19th-century crisis heralds the future

Essay - 4 pages - Economy general

Between slave societies, characterized not only by exploitation but by the possession of man by man, and capitalist society, where man is free in law but where the labour of those who have only their arms exploited by the owners of the means of production. While capitalism, as the dominant mode...

13 Aug 2021
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It should be illegal to produce and sell tobacco

Essay - 5 pages - Economy general

Over the years, tobacco has been produced in many countries around the globe, especially those from the American continent. In countries like Mexico, Brazil and Colombia, tobacco was considered in the past, as a gift from God, as a product to use in order to conclude a deal or a treaty of peace...

14 Jan 2021
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How has game theory contributed to our understanding of human co-operation and conflict?

Essay - 4 pages - Economy general

Humans come into conflict for many reasons. Conflict can arise due to disagreement, difference in opinion, methodology and values, ownership struggles, and the list goes on. During conflict, individuals or groups of individuals work against each other to achieve separately desirable goals. They...

02 Sep 2020

China and the future world

Essay - 2 pages - Economy general

China is nowadays one of the most powerful countries in the world. In a short time, the emerging country has become a big nation. It is now a superpower that should handle the ascent and certain claims. How can China mix economics development, social and politics claims together?

13 Jan 2020
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Economy - Types, factors and effects of inflation in Malaysia

Essay - 21 pages - Economy general

In the economy, inflation means an increase in the general price of goods and services in an economy from time to time. G. Ackley defined inflation as ‘a persistent and appreciable rise in the general level or averĀ­age of prices'. With the increase in general price levels, each unit of...

05 Aug 2017
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Economic development since the Second World war - (Developed vs. Developing World)

Essay - 5 pages - Economy general

After the Second World War, there have been significant changes in all aspects of life. The increasing concerns about the economic development caught much attention of economists. It is during this era that the European colonization ended and the world seemed to be divided into two parts whereby...

14 Sep 2016
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A marxist view of the 2008 banking crisis

Essay - 3 pages - Economy general

In 2008, there was a major issue facing the American banking sector and the global financial world right now. A catastrophic loss of confidence stemming from a failure of the securities market has caused a number of banks to suddenly find themselves in danger of collapsing. In a sudden need of...

05 Jul 2016
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Cigarettes and taxation in USA

Essay - 3 pages - Economy general

With a country that is plagued with many preventable illnesses and people that are leading seemingly unhealthier lifestyles by the day, it is no surprise that cigarettes contribute much of the nation's ills. Due to the damage caused by tobacco use; especially cigarettes, such as the increased...

29 Feb 2016
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Islamic accounting and financial reporting

Essay - 4 pages - Economy general

To start with, substance over form is an accounting concept which is widely used by all accounting entities. This concept emphasizes more on the reality of the financial status of an entity instead of the legal standards that the entity has taken in its events and transactions as seen in their...

25 Feb 2016
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Economic analysis of Singapore

Essay - 2 pages - Economy general

A highly developed and free market condition is prevalent in the economy of Singapore. Detailed economic analysis done on the Singapore economy indicated that the open and corruption free market condition with stable prices prevail in the economy of Singapore. Export of consumer electronics,...

08 Feb 2016
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Global oil market price

Essay - 2 pages - Economy general

This essay briefly describes the various principles of economics and economic theories that determine the price of the oil in the global market. It describes vividly the major reasons that have led into the decline of the oil substantially over the past 7 years. Therefore, the essay uses the...

08 Feb 2016
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Subsidise for childcare

Essay - 3 pages - Economy general

This essay briefly describes the various principles of economics and economic theories and effects in the childcare. It describes vividly the major reasons and effect that subsidies has on healthcare sector. Therefore, the essay uses the economic principles in giving the reasons for the impact of...

18 Sep 2015
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Criterion referenced tests and the norm referenced tests

Essay - 2 pages - Economy general

Testing is an important aspect of collecting information that is used in the decision making process by the examiner or the teacher or the practitioner. Depending on the use and the decision making process that the results are needed for, there are different tests that can be used to measure...

16 Sep 2015
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British university championship : economic impact on the city of Sheffield

Essay - 2 pages - Economy general

This paper entails an analysis of data from a real life sports industry consultancy project. The sport being studied in this case is the British University Championship and its economic impact on the city of Sheffield. SPSS program is used for the analysis. The findings are then presented in...

16 Sep 2015
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The dark side of student debt

Essay - 2 pages - Economy general

Within the past decade, costs associated with college education surpassed inflation by six percentage points yearly. This brought private school education price to thirty seven dollars annually. This just one among reasons why students increased their borrowing. In addition, federal student loans...

16 Sep 2015
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How the UK goverment can stabilize oil prices ?

Essay - 3 pages - Economy general

Everyone in UK has had an experience of the shock for unexpected dramatic change in prices of fuel for instance fuel prices will unexpectedly sky-rocket overnight. Mostly it is the supply and demand case: there is a very high number of vehicles tapping oil and the supply is declining. Various...

15 Sep 2015
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History of private security : the path to professionalism in the security industry

Essay - 3 pages - Economy general

In the United States, private security started as far back as in the mid-19th century. During that time, private security personnel could only be used to fill in the gaps created by the public police forces within major cities which were just forming. Private security historical development...

09 Sep 2015
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Vinten's summation : Ethics and Corporate governance issues

Essay - 5 pages - Economy general

The aim of this paper is to provide a critical discussion of Vinten's summation of the whistle-blowing that “For one thing the whistle-blowing path is not easy, and the bee-sting phenomenon may often apply. One has only one sting to use, and by using it, may well kill off one's...

09 Sep 2015
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Indicators of Chinese current economic strength

Essay - 2 pages - Economy general

Growth in GDP- the reason for choosing GDP is because it has grown by a great margin when comparing 1978 and 2010. “In the year 1978, it was US$230 only and in the year 2010 it had grown to US$4000” (Tong & Wong, 2012) this is a very wide margin.

24 Jul 2015
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Comparing prohibition, the Great Depression and the recession

Essay - 1 pages - Economy general

Our country has the keen ability to solve issues in an unbiased fashion. The skill to overcome obstacles through democracy has allowed our nation to thrive. Over the past century we have found solutions to two problems that seem to be a recurring issue. Our nation's economy has suffered once...

21 Jul 2015
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Industrialization in Germany

Essay - 3 pages - Economy general

This research paper analyzes various aspects of the German economy, tracing its development from the early nineties to the present. The country is an economic powerhouse which has spurred over the years to advance from its financial troubles to become one of the worlds' best-performing...

10 Apr 2015
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Religion and Health: Does Religion Improve Health

Essay - 3 pages - Economy general

The word “Religion” refers to a body of belief and value systems, practices, affiliations and moral values, unique to a particular group of people, which define their understanding of life, relations and humanity. There are many world religions, but the common ones include...

27 Aug 2014
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Impacts of the 20th Century Wars on UK's Housing Stock

Essay - 9 pages - Economy general

UK emerged from the 20th Century wars with different housing needs, which accelerated the divergence of attitudes and policies of social housing. The wars resulted to a decline in housing production for most of the decades, which fell further during the war itself. By 1918, there was a severe...

06 Jun 2014
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The key problems of urbanization :Suggestions and solutions which would form part of sustainable development

Essay - 4 pages - Economy general

It is now a universal fact that living standards depend upon a perfect harmony between humans and their social environment, for example, the function of medical care, education systems, as well as social pension systems. Since the beginning of the industrial revolution, cities have been growing...

12 Dec 2011
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Economic stimulus packages and bail outs

Essay - 3 pages - Economy general

One of the largest and most frightening problems associated with the economic stimulus packages and the bail outs is the idea that the government is simply ignoring the powers and limits the Constitution applies to it. This can be a frightening scenario because the Constitution was put into place...

22 Aug 2011
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John Kennith Galbraith: The Last of the Institutionalists

Essay - 2 pages - Economy general

John Kenneth Galbraith is a very radical economist whose biggest impact took place during the 1950s as the rebound of the Second World War left the United States penniless. Born in Canada but practices in the U.S., John Kenneth Galbraith is one of the most influential economists the United Sates...

29 Jun 2011
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Economic reform in China and Russia: A Comparison

Essay - 4 pages - Economy general

When economic reforms first began in China and Russia, regime stability, when classified as a product of political legitimacy, has, overall, seen only marginal change. Though they are now classified as illiberal democracies, and have opened up economically—China more so than Russia —...

27 Jun 2011
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Cost realism analysis

Essay - 3 pages - Economy general

Cost realism analysis is the process of evaluating the methodology by the offeror to estimate the proposed cost and is done by using information other than cost or pricing data (Cole, 2001). This technique is useful in selecting the offeror that best fits the awards of the contract. It is done...