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Macro & Microeconomics Coursework

Assignment 6 Labour Movements: Striving for Freedom
Has been made by organizations such as the International Confederation of Free Trade Union in uniting multinational trade unions (Camdessus, 1996). Globalization is a force that cannot be fought, and trade unions must learn to function across national boundaries in the new global economy.Equality within an economy and between different nations is an important issue for trade unions. Because many developing nations have large amounts of unemployed or underemployed unskilled labor, many fear
Pages: 3 (750 words), Coursework
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Economic and Financial Factors that Affect Capital and Revenue Funding For Social Housing
Rather it has led to widespread disparity leading to better lifestyles and slums to coexist. Entry costs being huge have led to the construction of low and middle level households. To this end, the paper endeavors to focus on the gamut of economic and financial factors, which influence the decision made on Social Housing. The study of economic factors pertaining to Social Housing programs are conducted in close relation to the models of granting housing subsidies like tax credits and
Pages: 8 (2000 words), Coursework
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Stag Hunt Game Models
Can be defined as the study as well as the predictions of the outcomes of strategic interactions between economic agents with respect to their individual utilities and preferences particularly in the situations where the outcomes are expected by none of the agents (Fudenberg and Tirole, 1991, p. In a stag hunt game, there is usually one side considered to be risk dominant while the other side is regarded as payoff dominant. Although many analysts regard the prisoner’s dilemma as the best game
Pages: 5 (1250 words), Coursework
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Economic Policie for the Monetary and Fiscal Policy
Demand equals money supply and this is algebraically presented as L (i, Y) = MS where L is the demand for money which is a function of income and interest rate, MS is money supply. Using the empirical figures given above, 5Y – 10i= 300 and this can be rearranged into 5Y=300+10i, this yields the LM curve of Y=60+ 2i. 
Pages: 5 (1250 words), Coursework
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Fiscal policy and government debt
It should be noted that tax policy changes happen due to a variety of reasons. Some are passed for philosophical reasons or to cut on inherited budget deficits while others are instituted when an economy is performing dismally and is expected to suffer further. There are other tax policy changes that are not legislated, these occur automatically as an economy’s basal level of tax is variant and is a factor of income or because of varying stock prices, inflation as well as other non-policy
Pages: 9 (2250 words), Coursework
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Analysis of Bottled Drinking Water
When there is an average demand of bottled drinking water, the demand can be met by the suppliers very easily. However, when the demand of bottled drinking water will increase, it will be difficult for the suppliers to meet the growing demand of consumers. The bottled drinking water is purified by the water purifier companies and is infused with vitamins and minerals.
Pages: 5 (1250 words), Coursework
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Microeconomics
The other result of this survey is that low supply of Internet in rural areas is due to the low demand in these areas because of market size and low knowledge of computers. A study has construed that broadband services will be unavailable in almost 12 percent of U. households because of lack of demand whose one contributory factor is the cost of Internet services (Prieger, 2003, p. According to simple regressions, the extent of Internet supply is limited in areas with high percentage of rural,
Pages: 5 (1250 words), Coursework
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World Trade Organization
The World Trade Organization also failed to make clear the deliberately vague rules on the concluding trade agreements which can allow the developing or less prosperous countries to be influenced by the rich states. There are no such clear rules to protect the farmers or poor people while negotiating with the European Union.
Pages: 3 (750 words), Coursework
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Impact of Convergence on China`s Financial Development and Economic Growth
Classical theories: The Ricardian theory of production and growth are related to the law of variable proportion. The law states that if any factor of production is increased while keeping the other same with no technological changes, there can be an increase in the output but in diminishing rate 
Pages: 11 (2750 words), Coursework
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Real GDP: Solow Growth Model
The predictions of Solow Growth Model are Conditional Convergence for instance if there are two countries which posses same infrastructure, parameters and economic structure then the country having small initial capital will outperform the one which has large initial capital. Eventually, both countries will congregate at the same point where the level of output per head and level of capital per head will be same.
Pages: 8 (2000 words), Coursework
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