Economics essays

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Small Players Flock to India

With the decreased cost of transport making trade across international boundaries ever more feasible for small to smaller organizations like Leethal Fashion Accessories to seek to reduce overheads by outsourcing key aspects of the production process. It can be argued that while outsourcing is an increasingly necessary activity that smaller companies must engage in to […]

Simulation of a Federal Reserve

Federal Open Market Committee (FOMC) is the policymaking arm of the Federal government. It was formed by the Banking Act of 1933. The committee meets eight times a year to discuss the monetary policy of the country. As the advisory team, we have done the research and come up with recommendations that will ensure the […]

Global Marketing: Costco Advices

Costco Wholesale Corporation is the company that is working internationally and well known as a shopping brand as for the ordinary customers as for retailers. This company has entered the scope of markets in US (native country), Canada, UK, Japan, Korea and Taiwan. As well known brand company used the global strategy for its expansion. […]

The Economics of Protectionism

The history of international economic relations is associated with the development of two concepts in the approach of international relations and as a result of it – the two trends in the state of foreign policy. Protectionists consider the necessity of the implementation of the state protection of domestic producers from foreign competitors. Free traders […]

Financial Guarantee Insurance

Financial guarantee insurance refers to an insurance policy that covers an entity against the financial loss emanating from the inability of the borrower to settle the loan (McKnight, n.d). The policy might also cover the entity against losses incurred from reduced interest rates that adversely affect the lender. Moreover, the policy can cover an enterprise […]

UK Healthcare System

The United Kingdom is a well-developed country with a stable economy. It has significant political, cultural, military and scientific influence on all Europe. Its healthcare system is one of the best in Europe. The aim of this paper is to show all sides of the UK healthcare system, its advantages and disadvantages. The United Kingdom […]

Substitution and Income Effects

The situation of price change for any good or service on the market is well known in any model of national economy. It occurs constantly and for various reasons. The change in prices of goods particularly affects the welfare of the consumer: when the price of a product that one buys increases — consumer welfare […]

Black Rhino

The concept of a free market can be utilized in conserving wildlife in a bid to save the black rhino. The black rhino is becoming an endangered species regarding the increased poaching, and lack of proper regulations to check game hunting. For instance, South Africa allowed game hunting on black rhinos at a time when […]

Keynesian Stimulus vs. Austerity Concept

In the everlasting debates for which economic theory and approach is the most effective, researches unfortunately often remain on theoretical side and tend to forget, that times and circumstances have significantly changed since these theories were introduced. Each national economy is unique, deeply connected with government policy and depends on the plenty different factors. However, […]

Global Market Change

The peak of the world financial and economic crisis in 2008-2009 appeared to be a “tough” exam for the global financial system and the global market. The financial crisis began in the U.S in the summer of 2007, spreading globally afterward. The crisis took place mostly in the US and Europe, “while the banking sectors […]

Unsightly Bank Fees

Unsightly charges and fees are those costs banks charge their customers that are hideous in nature. This paper explores the possibility of these lending institutions changing from such a practice and disbanding such a culture. The charges are normally not well understood and known to the customers. Quite often, bank account holders cannot be able […]

Commercial Law

Usually, the third party in most commercial contracts there is not much concern about the existence or identity of the undisclosed principal. The papers therefore sets out to explore how the third party can be protected by law and analyze the possibility and legality of having the undisclosed principal’s identity be revealed oblingly.As it is, […]

Consultative Selling

Customer behavior is an interesting topic. The way customers behave differs although certain similarities can be discerned. Irrespective of the deviations that customers reflect, attitudes, personalities and motives influence purchase decisions greatly. Based on the varied behavior of consumers, different selling approaches such as consultative selling are employed. Such methods lead to varying degrees of […]

Marketing of the Company

Whether one is working at a well-known or upcoming company, the pressure to deliver remains immense. Since competition is stiff, marketing budgets are often cut. Hence, marketing departments need to achieve their goals using the available resources. Since I have acquired new knowledge in marketing, I intend to utilize it in my workplace. The proposals […]

Macroeconomics

In this paper, an analysis and discussion of various macroeconomic concepts are discussed as different variables are applied or varied. This assignment is done under three questions; question. It is assumed that the Federal Reserve strictly follows a rule of keeping the interest rate at 3% per annum. Initially, this interest rate equates to the […]

Rent Seeking Behavior

Economic inequality has been eminent in the United States, and according to Joseph Stiglitz, the inequality has been created by the market forces, which are protected by the government policies. Stiglitz blames the government for the inequality that exists in America today. He asserts that the inequality emanates from what the government does, or what […]

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