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Macro & Microeconomics Term Paper

Utility and Demand Theory
The diagram above shows the budget line, the maximum number of good X that can be consumed is 15 units while the maximum units of good Y that can be consumed are 10. A change in the price of either good X or Y will shift the budget line, example when the price of good X shifts from price 10 to price 15 then this means that the maximum number of units that can be consumed of good X will be 10 and therefore the budget line will shift.Indifference curve:Indifference curves are curves
Pages: 7 (1750 words), Term Paper
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Opportunity Cost
Opportunity cost can be referred to as the foregone cost or a decision made over a range of alternatives favoring one of the alternatives. It is an important aspect that enhances efficient use of resources.
Pages: 7 (1750 words), Term Paper
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The Business Cycle and Macroeconomic Objectives
B) Peak: At phase three of the cycle i. the peak phase, the level of unemployment is at the lowest and the output of the company is at the highest level. At this level that company’s growth is slowed down and the in some cases even ceased (Sloman and Sutcliffe). Here the balance of payments and the inflation issues are very high and acute.c) Phase4: At this stage, under the assumption that it is an actual recession with the output being faced with high levels of decline. Here the result will
Pages: 6 (1500 words), Term Paper
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Any topic that includes microeconomics
These include, a) Economies of scale, b) Economies of Scope, c) Brand loyalty and product differentiations, d) lower costs for established firms, e) Control over or ownership of, retail outlets or wholesale outlets, f) Control over or ownership of, the key factors affecting production, g) Protection – legally, h)Intimidations, i) Tactics, and j) mergers and takeovers (Sloman and Sutcliffe).Collusion and Competition: There are two main ideas that relate to the markets of Oligopoly. Based on
Pages: 6 (1500 words), Term Paper
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Connection between Neoclassical Economics and The Economic Policies of the President Obama, Psychological Aspect
While proposing that $50 billion be spent right away rebuilding 150,000 miles of roads, 4,000 miles of rail and 150 miles of runway” (cited from PPT presentation).In such a way, Obama’s proposal can have the following impacts: low interest rates (which reduce the value of an early tax repayment) and the fact that businesses are more focused on weak demand than their cost of capital; Making the R&D credit permanent cost $100 billion over ten years but this is only $30 billion more than if
Pages: 6 (1500 words), Term Paper
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Role of the American Government in Creating the Conditions for the Emergence of the Financial Crisis
Apparently, borrowers spent money on houses whose value ended up being far below the loan. Consequently, they could not pay it back. Buyers used too much leverage as they used debt to increase gains, only to find that regrettably, it amplified losses instead. As a result, most banks either were near bankruptcy or became bankrupt.Due to globalization and currency integration such as dollarization, goods and services, stock and financial markets, trade and housing have close inter-connection
Pages: 6 (1500 words), Term Paper
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Please help me to pick a topic for this essay.
In the previous period, the concept of third world was used in regards to geo-political ideologies in the realm of global politics. Moreover, the distinction between the North and South Polarization was also found to have relevance to the levels of industrial practice among the world nations. The First world countries occupied a dominant position in the industrial sphere while industrialization was absent in the Third world nations. In regards to the modern context, the concept of North-South
Pages: 8 (2000 words), Term Paper
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China and the World: Economy and Security
Political leaders like Deng Xiaoping were prominent activists who promoted the cause of privatisation in several industries located in major Chinese provinces. (Woo 1, 8, and 14). The change in the investment patterns in the Chinese economy also contributed to the growth of the region with respect to other global areas. Investment patterns within the country countered changes both because of the increased involvement of Deng Xiaoping and the growing influence of the World Trade Organization on
Pages: 8 (2000 words), Term Paper
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The UK Supermarket Sector Evaluation
The major systems that have enhanced UK supermarkets’ functioning are Electronic Point of Sale, Electronic scanners, and Electronic Funds Transfer System; these systems have assisted inefficient distribution and merchandising activities so that requirements of each company are effectively communicated.
Pages: 9 (2250 words), Term Paper
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International Trade Administration of North America with Canada and Mexico
Speaking countries of Canada and united states , which are among the wealthiest and most developed nations in the world, and the countries in central America and Caribbean the less developed. Mexico lies in between this two extremes as a newly industrialised country and is a part of North American free trade agreement and a member of organisation for economic cooperation and development. The United States is the largest economy in North America and the largest national economy in the world
Pages: 10 (2000 words), Term Paper
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Chinese Microeconomics Article Review
The strengthening of the effective exchange rate was witnessed by the appreciation of the currency of the country.Concerned authorities were created within the country, which took care of the policies on trade and other policies related to anti-dumping and other issues. The restructuring process paved the way for creation of new trade policies under the state agencies. The policies of trade and foreign direct investment coupled to penetrate into the global platform for China. The transparency
Pages: 3 (750 words), Term Paper
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Production and Cost
Fixed costs are exogenous hence unconnected with the output. The total fixed cost always remains independent for a long time. Examples of fixed costs may include hiring cost of plant and machineries, rent paid by the firm, cost of insurance and managers’ remuneration. However, the average fixed cost falls after long run hence lowering total cost of production. Any increases in fixed cost do not affect the variable cost but eventually affect the net profit of a firm (Geri & Corradino, 2010).A
Pages: 3 (750 words), Term Paper
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*writer can choose the topic*
Deficit occurs in a situation where government purchases and transfers which form the government spending exceed income in form of tax receipts. To cover the deficit in such a case, the government must borrow.The finances of most industrial economies by the end of World War 1 were never as they are presently. The economic boom which followed after world war one led to the reduction of public debt by the first quarter of the century. Currently, debt levels that are hitting the roof are not going
Pages: 5 (1250 words), Term Paper
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The writer of this paper may choose a suitable Topic to suit the paper
While the product design will certainly be proprietary in nature, and will be patented, there is nothing to preclude competitors from developing their own version of the product. The possibility does exist, however, to reach distributorship agreements with various household department stores to make this product the only automated chef that they offer. Barring such agreements, however, there will likely soon be other products similar to this on on the market, as the nature of the technology
Pages: 4 (1000 words), Term Paper
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How do interest rates affect consumers and their purchasing patterns
The rise in interest rates has the general effect of reducing the consumers’ demand for purchasing products. In the case of an increase, consumers try to save and spend less due to a reduced disposable income.On the other side, a reduction in the interest rates will affect the consumers buying behavior in various ways. One way is that lower interest rates will result to reduced returns on savings. Therefore, buyers will prefer to spend more money rather than to save. Therefore, there will be
Pages: 3 (750 words), Term Paper
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Fiscal Deficit and Economic Growth in an Economy
Understanding the gravity of the destabilizing economic and fiscal situation, the present government has shown its active participation towards the implementation of appropriate fiscal modifications within the New Year’s budget. With this initiative, the government perceives towards attaining medium or long term economic and fiscal stability through which the government can continue with its developmental activities. In accordance with the new plan, the government intends toward keeping the
Pages: 16 (4000 words), Term Paper
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Overview of Economic Growth and Development in South Korea
Gross National Product (GDP) is widely used as an indicator of economic development and depicts increased production. It is used as a measure of economic development in South Korea, which reached a high of $1.6 trillion with a GDP growth rate of 2% and $32,272 per capita income in the 2014 fiscal year (Lawn & Clarke, 2014).While applying GDP as a measure of economic development, it is assumed that increased production creates the need for labour thereby creating employment opportunities hence
Pages: 10 (2500 words), Term Paper
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Will be attached, about micro-credit against poverty
Concept of micro loans or the micro credit first emerged in Bangladesh and the development and the success of the concept has lead to the widening and the adoption of the concept in other less developed, developing and underdeveloped countries of the world which includes Indonesia, Bolivia (Roodman and Morduch, 2014). Through the utilization of the micro loans the borrowers are able to purchase the livestock for starting their own businesses. The Grameen approach for extending of the micro
Pages: 11 (2750 words), Term Paper
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The Strategy of Alaska in Saudi Arabia
The board members and corporate executives own the remaining 3%. This has an implication that when the oil sector is performing well the benefits trickles down to the citizens equitably either through returns from mutual fund investments, pensions, etc. (Dyer & Al-Ghwell, 2012). Therefore, oil earnings benefit the citizens in many way including dividends, better economic growth from states and federal revenues, capital projects, and employment opportunities.Alaska depends almost entirely on oil
Pages: 11 (2750 words), Term Paper
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Impact the German state on Europe economy
This paper focuses on establishing the factors that make Germany be at the center of focus in establishment, management and performance of the European Union. It, therefore, targets all the observable economic aspects of this country in respect to its role and extent of influence in the European continent at large and the European Union specifically.
Pages: 9 (2250 words), Term Paper
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