Economics Essay Topics

New Heritage Doll

Introduction Emily Harris is the Vice president of New Heritage Doll Company’s production division. In mid-September of 2010 she was trying to decide on project proposals for the company’s capital budget meeting in October. Of the proposals presented to her, two of them stood out based on their innovation and ability to strengthen the division’s… View Article

DOZIER industri

Richard Rothschild, the chief financial officer of Dozier Industries, returned to his office after meeting with two officers of Southeastern National Bank. He had requested the meeting to discuss financial issues related to Dozier’s first major international sales contract, which had been confirmed the previous day, January 13, 1986. Initially, Rothschild had contacted Robert Leigh,… View Article

Why is the demand of labor a derived demand?

DQ 1: Why is the demand of labor a derived demand? Explain the shape of the supply of labor curve. What is the relationship between productivity and the wages earned by an employee? What are some factors that determine the level of your income? The concept of derived demand occurs when the demand of product… View Article

FASB Accounting Standards Codification

This section deals with certain general background considerations and information related to the FASC and the answers can be found by clicking the “About the Codification” and “Notice to Constituents” sections on the FASC Welcome Page. This section is a good general source of information about the FASC and should be reviewed prior to starting… View Article

DMC Review Papers

As Mr. Grant, CEO of DMC has realized, the current growth strategy of the company is insufficient. DMC needs to identify their primary business problems and prepare a new or revised strategy with alternative tactics to address it. Even though DMC had grown to become a multi-billion dollar company and consistently ranked in the top… View Article

Competitive Strategies and Government Policies

The electronics industry is in a monopolistic competitive market. This market has few barriers to entry which means there “easy entry for new firms in the long run (Colander, 2010, 361). Further, globalization has expanded this market across the globe with many countries distributing and manufacturing electronic products. Thus, globalization always comes with the threat… View Article

No choice to save land for endangered animals

Nowadays, land supply is one of the critical world problems, which is considered carefully before using that limited land. People transform natural landscapes to human landscapes for farmland, housing, and industry, and it makes many serious problems to wildlife species. Especially to endangered animal, they will lose their shelters and face the end of their… View Article

Poverty in America

Poverty is an epidemic that has swept the American nation many times over. Whether it be quietly lingering under the surface, or blatantly staring us in the face as it is in this current recession, it affects people across America on individual, community and national levels alike. While there are many causes and effects of… View Article

Mercury Athletic Footwear

1. Active Gear is a relatively small athletic and casual footwear company $470.3 million of revenue and $60.4 million of EBIT compared to typical competitors that sold well over a $1.0 billion annually Company executives felt its small size was becoming more of a disadvantage due to consolidation among Chinese contract manufacturers. Specialty athletic footwear… View Article

Worldwide Paper Company

INTRODUCTION In December 2006, Bob Prescott, the controller for the Blue Ridge Mill, was considering the addition of a new on-site longwood woodyard. Two primary benefits for this new addition include eliminating the need to purchase shortwood from an outside supplier and creating an opportunity to sell shortwood on the open market. Also, the new… View Article

Can money buy happiness

Happiness is a feeling we have for many reasons. Many objects and materials can provide the happiness many humans desire. Money can and have fulfilled that happiness which one lacks for many years. There are many ways I think money does buy happiness. Money increases quality of life in which buys happiness. This is only… View Article

The three types of Compensation and Benefits

Compensation and Benefits comes in many different forms. The major goal for compensation and benefits is to reward employees for services provided by an individual for the benefit of the organization. It’s a set of programs, aiming to achieve and attract capable workers to a particular business. Compensation and benefits also helps motivate employees towards… View Article

HIPAA, CIA & Safeguards

First enforcement action resulting from HITECH Breach Notification Rule Blue Cross Blue Shield of Tennessee (BCBST) has agreed to pay the U.S. Department of Health and Human Services (HHS) $1,500,000 to settle potential violations of the Health Insurance Portability and Accountability Act of 1996 (HIPAA) Privacy and Security Rules, Leon Rodriguez, Director of the HHS… View Article

Economics

Southwest Airlines begins a “ Bags Fly Free” campaign, charging no fees for a first and second checked bag. Does this situation best represent producer– producer rivalry, consumer– consumer rivalry, or consumer– producer rivalry? Explain. Southwest Airlines “Bags Fly Free” best represent producer-producer rivalry. Consumers have so many different choices of airlines they can choose… View Article

Lakeside

Discussion Questions 1. The owners of Lakeside as well as the company’s bank may require that an independent CPA firm perform an annual audit because the CPA firm could have an independence issue. The CPA firm in that Lakeside wants to hire is also the auditors for Lakesides main financial bank. The bank is a… View Article

Trends Paper

Economic trends in the human services field has been very critical to how clients receives treatment that is so necessary for their well being and how human service providers meet the growing needs of clients everywhere. Due to economic hardships, the client suffers because, quality care becomes unavailable, and with an economic crisis, most funding… View Article

Sof Optics

1. See attached slide on final page 2. There are a number of problems facing Sof-Optics (detailed below). The most severe problems are in the CSR department: a. Major problems: i. Going forward, Sof-Optics will be under pressure to lower prices since B&L (the industry leader) just slashed prices by 25%. This is especially troubling,… View Article

Brunswick Plastics

Introduction Brunswick Plastics, located in Canada, is an injection molding company. Brunswick Plastics produces 50 different products; however, they are not reaching capacity. Production required multiple labor hours, and since they weren’t at capacity, they were finishing a little above breakeven. The Division Manager of Brunswick Plastics, Michael Smith was informed of an opportunity for… View Article

The Reasons for Global Inequality

Global Inequality has been and will remain to be an ever pressing issue of concern across many subjects and specifically that of economics. The industrial revolution and globalization are great catalysts to why some nations are so rich and others so poor as they allowed for competition and specialization. There are many other factors as… View Article

Factors of Business

The first implication that will impact The business is the European Union, which has been in a deep recession this is because consumer demand has fallen, whilst unemployment rates are increasing across the European union. This has caused great concern to global markets as the possibility that Greece may not be able to pay of… View Article

National Buy Nothing Day

​A hard-working, single mother receives her pay-check that to her horror reads a measly $225.30. She doesn’t use the money for her, instead she uses that money to care for her two children, she needs to pay the rent, and the electricity but her kids need food to grow. As she heads to the bank… View Article

PROBLEM SET Monetary policy

1. What impact will an unanticipated increase in the money supply have on the real interest rate, real output, and employment in the short run? How will expansionary monetary policy affect these factors in the long run? Explain. The money supply in an economy is the benchmark by which interest rates are determined. The supply… View Article

The Worldcom Fraud

Introduction The purpose of this report is to investigate and discuss the accounting fraud that occurred at WorldCom in order to recommend improved strategies to Berkshire Hathaway’s management for avoiding investments in companies with fraudulent financials. Accounting fraud is a crime committed by high level employees at an organization to manipulate the organization’s financial statements… View Article

Butler Lumber Company

I. Statement of Financial Problem Butler Lumber Company is facing the internal risk of not having enough borrowing power to continue operations as desired. The owner of the company has established a relationship with a new bank to increase their borrowing power, however, based on Butler Lumber Company’s past Operating Statement and Balance Sheet, the… View Article

Eco Polo

1) Identify the change in total revenue (the marginal revenue) from the fourth shirt per day. What price reduction was necessary to sell four rather than three shirts? Marginal revenue for the fourth shirt is $41 even though it price is $44. Price reduction is $1 which is from $45 to $44. 2) What is… View Article

Industrial Revolution

Industrial revolution describes the period between 1750 and 1850, in which tremendous changes characterized by developments in textile, iron were realized. The revolution was spearheaded by Britain. Modern historians refer to these changes as the first industrial revolution (Clark, 2007). The second revolution was characterized by steel, electronics and automobiles and was spearheaded by Germany… View Article

Consumerism

THE DISHONEST FACE OF CONSUMERISM A statistic illustrates that in 1950, there is one car for every fifty people but in 2009, there are more than one car for every twelve people in America. This example demonstrates the increasing effect of consumerism by the end of the 20th century. According to Cambridge Dictionary, consumerism is… View Article

KRISPY KREME

1. What can the historical income statements (case Exhibit 1) and balance sheets (case Exhibit 2) tell you about the financial health and current condition of Krispy Kreme Doughnuts, Inc.? The historical financial statements can tell us a lot about the financial health and condition about Krispy Kreme or any other company. By utilizing some… View Article