Economics essay

The shortage of cadaveric organs for transplant has persisted constantly since early 1980s. This scenario has necessitated the search for alternative organ procurement policies. Any decision made in this regard is very crucial as it will affect the well-being of many patients globally. This paper ...

The International Monetary Fund is an organization that comprises 187 countries across the world. The countries work together towards better monetary cooperation across the globe and financial stability; this cooperation is also aimed at facilitating international trade, providing employment to the ...

Outsourcing is the process whereby a company contracts another company to perform certain services on  its behalf, whereas these services could have been performed in the owner’s house. Examples of jobs outsourced are human resource, IT etc. Outsourcing jobs from America to India has affected ...

The financial sector is very critical to any country’s economy. The banking sector plays an integral part in the well-being of the countries’ macro- and microeconomic. Banking regulations, therefore, exist to guide transactions between the banking sector and its clientele, either individuals or ...

China has in the recent past conquered most of the world in both commercial and diplomatic levels. The increase in the influence of this Asian economic giant has been because of its policies and transparency in its dealings. The fact that the Chinese people are nonpartisan in their association has ...

Ethical business behavior in the current competitive global business environment have become of a great concern to the global business community. Specifically, the concept of environmental pollution has been of great focus as the global organization and business community formulate and adopt ...

Proprietorship refers to a type of business that is owned and run by one person. The individual is responsible for all the decisions and finances of the entity. The entity has no legal separation between the business and the owner. The major advantage is that decision-making is quick since there ...

Capturing Economics Events A ledger is an important tool in business accounting because it is a place, where all groups of accounts (cash, accounts payable, and capital stock) are kept. When making entries in a T-account, receipts are entered in the debit side, while payments are recorded in the ...

Case Study for Chapter 1 A. A good business, according to Buffet and his colleague Charlie Munger, is one with the following attributes: simplicity, high return rates on the invested capital, substantial profit margins on sales, has pricing flexibility, high cash flow, high ROE, strong franchises ...

Among the most critical concerns of monetary policy is determining whether the government should intervene in establishing the exchange rates, taking into consideration the aspect of alterations in the exchange rates indicate a critical communication medium of the net impacts resulting from the ...

The Chinese market is littered with products labeled “Made in China”. This is a clear indication of an economy that is keen on producing its own goods and ensuring that the goods have adequate market locally. However, that has only been possible due to the Chinese consumers who have ...

The introduction of new hybrid automobiles in the automobiles industry will shift the supply curve to the right. Similarly, the consumers will have excitement over the new hybrid automobiles, which are more efficient than the current ones. This means that the demand for the new hybrid automobiles ...

In recent years, the world has experienced a number of economic and social challenges that have put developing countries into difficult situations. The most notable one is the recent global economic crisis that affected the economies of most countries, both developed and developing. However, the ...

The multiplier effect comprises the multiple effects that an initial change in the aggregate demand can have on the level of equilibrium national income of an economy. The multiplier effects are a result of injections into the aggregate demand of an economy. The injections include investment and ...

Currently, China has become the largest automotive market in the world. The country has experienced an emergence of a more dynamic manufacturing sector – the industry of electric vehicles. The government of China has made tremendous efforts at all levels to support programs that encourage ...

When people hear about globalization, the first thing that comes to mind is the economic setup of nations, (Fischer, 2003, p.2). Though this is partially true, globalization will be observed to encompass very many and diverse aspects of a country. After its inception, the concept of globalization ...

Today there are many dramatic and perhaps unprecedented changes in the global oil and gas industry. Such changes include unstable geopolitical relationships, emergence of new competitors, changes in supply and demand dynamics, social and environmental pressures and the demographic shifts. Such ...

In the United States, corporate tax is imposed at the Federal, state and local levels on the income of business organizations treated as corporations for tax purposes. The federal tax rates imposed on a company's taxable earnings generally vary from 15% to 35%. State and local rules and taxes vary ...

The Game theory is one of the branches of applied mathematics which formally studies the ways in which outcomes are yielded by strategic interactions among agents which are economic in nature. The outcomes are produced with reverence to the utilities of those agents and they might not have been ...

The Growing Power of the People's Republic of China China is a country located in East Asia.  This  country  is  considered   one  of  the  worlds  oldest  continuous  civilizations  with  approximately  four  thousand  years  of  history. The  country’s  rapid  growth  ...