Economics Essay Topics

Barriers to entry

Monopoly, also known as a monopoly seller, selling alone, exclusive, generally refers only to one or more sellers in the market, through one or more stages, in the face of competitive consumer; and monopsony opposite. Monopoly on the market, can freely adjust the price and yield (not simultaneously adjust). Monopoly can be legally exclusive privilege… View Article

Perfect competition

The focus today’s lecture is the examination of how price and output is determined in a monopoly market. Pure monopoly is a single firm producing a product for which there are no close substitutes. It is important for us to understand pure monopoly since this form of economic activity accounts for a large share of… View Article

Marginal cost

1 Monopoly Why Monopolies Arise? Monopoly is a rm that is the sole seller of a product without close substitutes. The fundamental cause of monopoly is barriers to entry: A monopoly remains the only seller in its market because other rms cannot enter the market and compete with it. Barriers to entry have three main… View Article

Deutsche Brauerei

The agenda attached (EXHIIBT 1) became the focus of Ms. Greta Schweitzer’s concentration for the next 24 hours. She relied on her team from her EMBA class in Frankfurt to assist her with the recommendations she would need to address this board tomorrow morning. Upon initial analysis, it became obvious that DB was in trouble… View Article

The Group of 20

The Group of 20 was created in 1999 to develop a solution to economic hardship and financial crisis. On November 10-11, 2010, leaders around the world gathered in Seoul, Korea. The implementations included ensuring the current economic recovery by creating jobs, this will balance our recovery and increase wealth. Other commitments include strengthening the international… View Article

Big Drive Auto Scenario Pricing

Operations and planning are important to all organizations, supplier’, and customers around the world. Interest rates influence operations and planning, regarding Big Drives assets and liabilities. Low interest rates allow for competitive rates and services. Higher interest rates increase operations costs, reduce business, and lose customers. When costs are not passed onto the consumer, profits… View Article

The Global Beer Industry

In The Economist’s “Sell Foam like Soap” publication, the beer industry and its symbiotic ties to advertising are highlighted and explained in a fashion that relates well to our economic study of the industry. The market structure of the beer industry has led to an effect of high seller concentration that leads our study to… View Article

Economic Features of Beer Industry

The beer industry is incredibly large industry that has an enormous effect on the country, contributing greatly to the society. Two of its main contributions include tax dollars and jobs. The beer industry serves the country through its taxes, jobs, and purchases from other suppliers, its contribution to agriculture and more. The market growth rate… View Article

Global Beer Market Trends

At the turn of the century, the top 10 brewers accounted for just over one-third of global beer sales volumes. The past decade has seen a rapid consolidation, resulting in the top four brewers – Anheuser-Busch InBev, SABMiller, Heineken and Carlsberg – accounting for almost 50% of beer sales volumes and up to 75% of… View Article

National Income and Economic Welfare

National income is a measure of production activity. So, a higher national income overtime should mean more production and more availability of goods and services to the people. Should more goods mean that people are better off? Are they better of in physical terms, or in psychological terms or both? Are there things other than… View Article

Platinum Box Case

The main problem in this Platinum case is the decision whether or not to single source to Jabaking with the expansion of printing equipment. Because Conrad of Jabaking was instrumental to helping Platinum find their feet and establish its ground in the printing industry in 1992 does not necessarily mean Platinum press has to be… View Article

Opportunity Advantage and main challenge for a foreign company that wishes to establish business in China

Economic growth of countries is largely contributed by the competitive advantage that it poses and which puts it ahead in terms of resources over the other economies. Michael Porter describes competitive advantage under factors such as the demand conditions, related industries, factors of production and corporate strategy under his famous competitive “diamond” model. In this… View Article

Perfect Competition

The spectrum of market structures varies diversely from highly competitive markets where there are a large number of buyers and sellers, each of whom having little or no power to alter the market price to a situation of pure monopoly where a market or an industry consists of one single supplier who enjoys considerable control… View Article

The Automatic Stabilizer

In macroeconomics an automatic stabilizer refers to any economic program or policy that automatically increases or decreases to counteract or stabilize the present economic trend without the need for governmental assistance (“Automatic Stabilizer,” 2007). Auerbach & Feenberg (2000) describe automatic stabilizers as “elements of fiscal policy” that moderate fluctuations in aggregate output. From the Keynesian… View Article

Foreign Direct Investment

Foreign Direct Investment (FDI) is a key component of the global capital flow that entails world economic growth through investment opportunities. As an investment tool FDI also affect the aggregated growth of the host country. FDI as a share of GDP has become the largest source of capital moving from developed nations to developing ones…. View Article

Managerial Economics and Its Application in Banking Sector a Case of NMB

Is a branch of economics that applies microeconomic analysis to specific business decisions. It bridges economic theory and economics in practice. Managerial economics provides a set of tools, techniques, methodologies, guidance and insights that can help in making better and value-adding decisions in business and for analyzing decision problems and developing criteria for choosing the… View Article

Global Core and Periphery

LO: to discuss the spatial pattern of global interactions through the mapping of core areas at the focus of interaction (network hubs/nodes), the peripheries and areas relatively unaffected by these interactions. Global economy – basic features * Single world market – producers to exchange rather than use. Price is determined on a global scale *… View Article

Exim Policy India Analysis

EXIM policy should be more transparent which should favour export environment The EXIM policy (Foreign trade policy) was announced on 27th August 2009 for the period 2009-2014. It was announced at a juncture when the world was recuperating from the economic downturn. The downturn had caused a sharp contraction in international trade and adversely impacted… View Article

Economics Unit – housing prices from different cities

The cost of housing is commonly the reflection of the value of the land plus the price of the house and the amenities that come with it. This is often affected by what’s around the place, the nearest recreation areas or sceneries. This affects how housing is priced, and is also usually affected by the… View Article

Effectiveness Of Monetary Policy

Monetary policy is basically a stabilization policy adopted by a country to deal with various kinds of economic imbalances that occur in the country. It’s a flexible instrument which allows authorities to move quickly to achieve stabilization, since it deals with the monetary aspect of the general economic policy. It controls the supply of money… View Article

Environmental Economics

Effluent charges are a fee or tax to be paid on discharges into the environment, based on the quantity or quality of discharged pollution. Effluent charges are an instrument used for environment control which has been widely advocated by economists. Not infrequently it is claimed or implies that the result which would follow the imposition… View Article

Environmental Economics

Agriculture has an instrumental role and close association in preservation and conservation of the environment and economic development. It promotes environment diversity and enhances the creation of artificial habitats. The green biomass that covers many fields forms a basis of aesthetic to the human emotions. Intensified uses of chemical in agricultural production threaten the above… View Article

Underground Economy

Every year, economics becomes a hot-button issue for politicians and ordinary citizens across the country. Politicians stake their careers on promises of economic revitalization, and individuals grouse when the forecast for the national economy is less than inspiring. Most economists measure an economy’s health by a variety of factors, such as the Gross Domestic Product,… View Article

Economics

And economy is a system that deals with human activities related to the production, distribution, exchange and consumption of goods and services of a country or other area. Lionel Robbins defined economics as “the science which studies human behavior as a relationship between ends and scarce means which have alternative uses. ” (Robbins L. 1932)… View Article

International Economic

Globalization process refers to the worldwide incorporation of economic, cultural, political as well as religious and social arrangements. There are other definitions with the IMF referring it as the growing economic interdependence of nations globally through improving quantity and range of inter-country trade, free international capital flows and extensive widespread of technological knowledge. Economically, it’s… View Article

Economics Questions

1. Housing Prices 1.1 Fundamental and Non-fundamental Factors Pricing of a product depends on many factors such as demands for the product and how excessive the product exists in the market (supply). Housing price is influenced by `fundamental` and `non-fundamental` factors. The fundamental factor inn housing price is about supply and demand (Himmelberg, Christopher, and… View Article

John Maynard Keynes, the Father of Modern Theoretical Economics

John Maynard Keynes (5 June 1883 – 21 April 1946), a British economist known also as the father of modern theoretical economics, had made a great impact on contemporary economic as well as political theory. His ideas were tapped by governments for their fiscal policies. He is most well known on his interventionist policy when… View Article

Economics – Short Answers

Answer #1 One of the problems that concern me right now would be the continuous increase of prices of petroleum products in the market which greatly affected my budget. Moreover, the said hike of oil prices causes our economy to perform badly for the past quarters which indirectly affects the prices of major commodities in… View Article

Economics

Poverty can be measured on different scales through many ways like through a Lorenz curve, a graph of the cumulative distribution function of a probability distribution which is used in representing income distribution. Lorenz curve shows distribution of assets and is considered a measure of social inequality. Gini coefficient can also be used in measuring… View Article

Economics

1. What did Keynes think some of the chief benefits and defects of capitalism were? Keynesian theory which was developed by Keynes advocates for a mixed economy where the government and private sector are important. In Keynesian model economy is assumed to be below full employment.  Keynesian argues that the aggregate demand for good which… View Article