Essays on Economy

Abstract

The paper dwells on general equilibrium theory by putting into perspective various critical issues. The origin of the concept of general equilibrium theory is illuminated dating back to neoclassical period. Moreover, various models such as Walras model of pricing and modern equilibrium model is also put into consideration. Finally, the importance and application of general equilibrium has also been discussed at length. General equilibrium theory refers to a concept modeled around theoretical economics. The modern general equilibrium takes into consideration three important interpretations which should be taken into consideration. The idea of general equilibrium theory cannot be complete when Continue reading...

German authority and hesitations have since decided the determination of strategy choices in the EU. There is the inexorably intergovernmental modus methodology of the EU system. Foreign accomplices, for example, the U.S. progressively recognize Berlin as the strategic place in the Euro zone. Concerns about Germany's future remote and security role persevere. The change of political initiative in Berlin was caused by the September 2013. Federal decisions have expanded the interest for investigation of German European, external, and security strategies. Basing on the above notions, it is true that the making of Europe was Germany’s answer to its Continue reading...

OBAMA CARE

Introduction
The term Obama care is more or less a derogatory term coined by the critics of the affordable care act put in place by president Barack Obama. The literal meaning of the term Obama care is quite disturbing to say the least. This is because it refers to the type of care that is more inclined towards president Barack Obama as opposed to the entire nation. The question thus arises as to the true nature of this Obama care and whether or not it favors the greater good of the nation or it is a desperate plan by Continue reading...

Analysis of Political Speech in Linguistics: Obama’s Inauguration speech

Introduction
Language is an important tool used to access knowledge as well as to influence behavior and perceptions. Words evoke emotion and cause strong psychological impacts on the audience. Linguistics is the scientific study of language and is generally descriptive. It explains and describes different language features without subjecting any judgment on whether a particular feature is used in a good or bad way. A political speech relates to matters concerning governance, as opposed to individual or organization affairs. Political speeches provide insight into the political picture of the speaker. Depending on its characteristics, a speech may either move Continue reading...

The Hospitality industry in the U.K

The hospitality is a major employer and is a relevant field the world over. The U.K has made leap and bounds in the hospitality industry and this shows because it is a major contributor in the country’s economy. Like everywhere else in the world, the hospitality industry encompasses several fields within itself. Some of this field include; domestic and foreign tourism, food service and the hotels. The hospitality industry is dependent on several other factors, as a result this makes this industry fluctuate from time to time during an economic year. The hospitality industry can be divided into Continue reading...

Globalization is an integration process that occurs across the world and arises from interchange of products, world views, ideas and cultural aspects. The act of globalization can be traced from the old ages to present modern world (Stromquist M. P 2009). It begun with investments, trade, migration and dissemination of knowledge and was further linked with global climatic challenges, cross boundary pollution and sharing of socio-economic resources. Location of globalization begins at the local, national then regional continuum with economic and social relations organized at all stated levels. Modern forms of globalization can be said to have begun during Continue reading...

Afghanistan occupation: Take a pro or con position on whether the US should pull out of Afghanistan as it is today.

Thesis statement

Public opinion in the United States of America is for the government to withdraw American troops from Afghanistan. I will not support the pulling out of the troops out of Afghanistan.

Introduction

There was information from the White House regarding a statement on the status of the available negotiations between Afghanistan and the United States of America with the main intention of keeping the troops in Afghanistan after the year 2014. The White House and the Pentagon have been Continue reading...

The Ukraine government aims at strengthening the ties between the East and the West promote political stability and enhance better foreign relations. A report analyzing of the role of the government and political leaders was submitted to the Minister of Foreign affairs for effective action. Ukraine has failed to deliver according to the expectations of the citizens since there is a complaint and noticed demonstrations from the public. In this paper, I will provide insight to the political and security association of Ukraine to the European Union and give a detailed analysis of the Association Agreement between the both Continue reading...

a.) Globalization Pressures & Competitive Strategy

Being in Buffalo over a very long time for the Bills does not seem to be the bright idea. Building a new stadium in different proposed destination would be the best idea to ensure that the club maintains its fan base as well as vibrancy. Moving the Buffalo Bills to Toronto, Canada and building a new stadium there would ensure that the club gets more time to play in front of their lively fans. The Canadian Football League is equally competitive. Moving to Toronto as an American Football League club, would allow the club Continue reading...

Introduction

Elaine Kamarck seeks to explain the bureaucratic approaches in keeping with the information age economy. This argument, although it seems illogical, stems from the assertions that have risen from political leaders that suggest that the government in modern days has shifted from being the necessary solution to becoming a problem. Such statements will not be taken lightly by citizens who look up to the government to provide solutions to the many problems they face. One man who is against such an opinion is Kamarck. Largely, Kamarck supports the endeavors that the government takes in order to make the citizens Continue reading...

Introduction

Today’s world is becoming increasing more globalized as new high tech gadgets make it easier to connect with people overseas and around the world, and countries and regions engage in international trade. Globalization is the increased interaction between countries and cultures of different regions as an effect of trade, the media, travel, education, cooperation, and more. Countries and cultures pick up aspects of the culture, politics, economy, values and technology of those with which they interact and assimilate to some extent toward these countries and cultures. Many associate globalization with westernization, however, the two terms are not actually Continue reading...

Biography on Steve Israel, a U.S. Representative for New York
Steve Israel is a member of the U.S House of Representatives from the Third Congressional District of New York since 2001. Steve is a true leader. He values education. He respects the middle class and the low-income group. Even in the worst situations, Steve always raised his voice and stood up for his people. He has sponsored and co-sponsored numerous bills and voted in favor of several reforms that benefit the public to a great extent. He has been in power since 2001 and never misled his people. He Continue reading...

Introduction

Financial markets in the economy have a role of linking the demanders and also the suppliers of funds. They enable firms and individuals to access capital and invest any surpluses. These are the markets that allow the financial sectors of the economy to run smoothly. However, many individuals do not understand these markets despite their crucial role in the economy. They have varied reasons for their failure to comprehend these markets and these reasons limit their understanding of the markets. This serves as the foundation for the thesis of this paper that is – accountants have a role to play Continue reading...

Insurance company

As of February 14, 2014, U.S. insurance company AIG intended to cut 3% employees worldwide, according to Financial Times. On Thursday, the company announced that the severance pay for 1500 is $ 265 million, thus, AIG continues to reorganize its business.
As of April 10, 2014, AIG had some problems with underwriting profits, nevertheless, despite several problems in the past the company shows some improvements. Smart investors are focusing on the business and the actions of management: by making unpopular moves today, AIG is taking a long-term bet that a simplified, streamlined company down the road will be much more Continue reading...

Answer 1)

Dividing the period of analysis in three periods i.e 1981-1991, 1992-1997, 1998-2011 we could easily interpret the actual trend in the bond ratings by Standard and Poors.
1981-1991: This was the period of slow economic growth and as a result, once could witness that till 1991, number of bonds downgraded had exceeded the number of bonds upgraded.
1992-1997: This was the time of blue chip stocks and when US economy was introduced to the boom of technology. As a result, with the rejuniveation of US economy, the number of bonds upgraded exceeded the number of bonds being downgraded.
1998-2011: Continue reading...

Introduction

Chrysler Group LLC is one of the largest automobile manufacturing companies in the world. Along with General Motors and Ford Motor Company, these three companies are known as the “big three” in the US market. Chrysler is headquartered in Auburn Hills, Michigan. Currently, Chrysler is a wholly owned subsidiary of the Italian Automaker, Fiat S.P.A. The flagship brands of Chrysler are Chrysler 200 and 300, Dodge, Ram and Jeep. The journey of Chrysler was not always smooth. Upon its establishment in 1925, it soon became one of the most popular car brands in USA. From 1930s till late 1950s, Continue reading...

Contesting for a political position in the United States has become an increasingly costly affair for aspiring candidates. The need to attract voters through lavishly staged campaigns has led to the heightening of the amounts of money that individuals can contribute to their preferred candidates. This article explains the impact of the Supreme Court’s decision to abolish limits imposed on the election spending. The Court’s ruling was issued towards the beginning of the campaign period, and would most probably intensify the pivotal role that campaign funds plays in American politics. The decision seemed to change the Finance Continue reading...

COMPANY DESCRIPTION

Fantasy Hotels is a leading UK based hotel chain which was established in the year 2004. The company mainly focuses on establishing and running budget hotels across Europe. Over a quick span of time, Fantasy Hotels had grown into a leading player in the European hospitality sector. Even though a budget player, the company’s hotel properties provide all the basic facilities like wireless internet, LED televisions with cable access, swimming pools, dry cleaning, etc. The company manages to provide these additional facilities by charging an extra fees over and above the regular room charges. As Fantasy Hotels is Continue reading...

Macroeconomics 2301

18.04.2014

HCC

Spring 2014
8 week course
The world’s economy has faced several periods of crisis during the last twenty years. The financial crisis in 2008 is the one that is most recent. It emerged in the United States and then spread to Europe, later affecting the rest of the world. The most problematic sector in the US was the mortgage sector, and was one of the main causes leading to the financial crisis. The house prices have been rising from 1998 to 2006, prompting home builders to construct more new houses every year, but these injections helped rising Continue reading...

Efficiency-wage theory states that the productivity of workers has a lot positive dependence on their wages. In a way, it explains the structural unemployment that is, to balance the supply and demand of labor, wages are set above the equilibrium wage. Labor union and other laws and regulations such as minimum-wage laws, also contributes to this phenomenon, and it also set on purpose to increase worker’s productivity. But this does not balance out the business cycle; the market does not clear and hence resulting into involuntary unemployment. There are several models that constitute this theory and explain its Continue reading...

Immigration

Immigration

Introduction

Immigration is the process of people moving from their native country to another country for the purpose of establishing residence in that other country. There are two different types of immigration: legal immigration; and illegal immigration. This paper will discuss the process of legally immigrating to the United States; and the process of people immigrating to the United States illegally. The research will provide data to support that legal immigration is an accepted form of moving to the United States from another country. Evidence will also be presented to show that illegal immigration is an unacceptable means of Continue reading...

Book Review: Realistic Visionary A Portrait of George Washington

Introduction
Realistic Visionary: A Portrait of George Washington by Peter Henriques tries to explain the first president of the United States of America as a person and not a symbol as most books have done. It is because it focusses on both his public and private life. The author looks at the reputation of George Washington as he tries to merge them with the facts about him. The book describes the first president as a war hero who is very serious and uptight. It means that the book explains the character of the president and relates it with the Continue reading...

Tulsa is one of the largest cities in the United States (U.S) and the second largest in the U.S state of Oklahoma, located in the north-east part of the Oklahoma on the Arkansas River. According to 2012 U.S census estimates, the city has a population of 393,987 and serves as the county seat for the Tulsa County, the most populated county in Oklahoma. The Creek Indians of Alabama, under the Indian removal Act of 1830, were the first to settle in Tulsa in the 1830s. The Creeks named their new village “Tulsy”, meaning old town in memory of Continue reading...

Introduction

All over the worlds, people, travel for either business or pleasure. For an individual to be a tourist, on has to travel away from home and spend a period of not less than 24 hours in the destination. In general, tourism has both benefits and impacts that may be affecting both the environment and the general population of the destination areas.
Sustainable tourism is a concept of tourism that is supposed to meet the needs of the people travelling to a destination and the host people in the destination areas while protecting and enhancing the opportunities for the future. Continue reading...

INTRODUCTION

In this information age, the digital revolution has transformed the industry to an information based economy. Since the late 1970s, the day to day evolution of technology has shaped the modern society by introducing globalized communication. The UK mobile phone network industry is developing day by day by introducing the new-tech systems in the market. O2, Vodafone, EE, T-Mobile, and Orange are the biggest mobile phone network providers in the UK (Rushton, 2012). This report has presented a thorough economic analysis of mobile phone network industry in the UK, considering the biggest network providers in the country.

ANALYSIS OF MOBILE PHONE OPERATORS IN UK

Mobile Phone Continue reading...

Introduction

Rome is believed to date 2,766 years whereby it originated from a small Latin village. Rome grew to be a superpower, dominating the entire Mediterranean for many centuries (Arnason and Raaflaub 35). It was during the rule of the Julio-Claudians that Rome attained its highest levels of wealth and power. It could be referred to as the Golden time of the Roman Empire in terms of arts and literature. However, this period was also marked by notoriety and extravagance. The self-centeredness of the Julio-Claudians was evident, a phenomenon that was apparent in the persisting conflicts of interest and Continue reading...

Middle-class squeeze

In this paperwork, I am going to handle the topic on middle-class squeeze and how it affects the economy, security, and the future of the United States-income inequality.
Income inequality has become a burning issue lately in the United States, whereby, experts are seeing it as a threat that holds back the economics of the United States. President Obama was heard on CNN referring to income inequality as the crucial issue of our era. The rising trend in income inequality over the past years has led to many Americans citizens losing their faith in some key aspects, such as Continue reading...

Globalization refers to the integration across the world arising from the interchange of products, aspects of culture, world views and ideas. Advances in telecommunication and transportation, rise of the internet are some of the major factors in globalization, harnessing more interdependence of cultural and economic activities.

Cons of globalization

According to Steger, there are five claims of market globalization and justice globalization. The first claim is global integration and liberalization of markets. He states that globalism begins with an ideology that attempts to establish a self-regulating market that serves as a model for future global order. The idea offers integration and liberalization Continue reading...

Immigration

Studies indicate that when an issue is raised in interest to the Black and Latino immigration, the congress “glass is always a half full or half empty.” The Latinos usually embrace the die value of immigration while the black often encroaches mainly on their rights and privileges. It was all drama in the month of February when a bi-partisan group of eight senators decided to craft a bill addressing immigration. The bill outlined their intention to bring foreign laborers into the country. This controversial issue is represented again at the front burner for the President and the congress. Unfortunately, Continue reading...

Its impact on the businesses of New Zealand in 2014

(Name of your Institution)

External organisational environment of New Zealand and its impact on the businesses of New Zealand in 2014

Introduction
Since the past few years, increasing emphasize have been cast “on the importance of analyzing the relationship between the organization and its environment (Pfeffer, 1972).” Several researches have been made in order to understand how the external organizational environment, general environment and task environment affect business in a country. “Also known as the operating environment, external organizational environment refers to market conditions, economic and political issues on the local and national levels, demographic factors, and other forces outside of a business that affect the overall success of that business (‘External Environment’, n.d.).” On the Continue reading...

General Electric (G.E) is an American corporation that is a leader in industrial diversified production of such goods as jet engines, plastics and medical imaging, power generation equipment and financial services. General Electric (G.E) highly diversified product line is meant to reduce the company’s business risk (Forbes).

General Electric has a number of strengths. Among the most notable ones include the following:

Industry reputation.
General Electrical is recognized strongly within the diversified industry. Considering the energy infrastructure industry as an example, G.E leads in the areas of development, enhancement and implementation of goods and technologies that focus on gas, oil, wind and water. Most precisely General Electrical is among the leading providers in Continue reading...

The New Deal was basically a series of programs that then then Democratic president of the United States, Franklin Roosevelt enacted between 1933 and 1936 to alleviate the financial and to a greater extent, the economic suffering that had struck the United States as well as other foreign countries. This phenomenon is known today as the Great Depression. The New Deal was the president’s response to the allegedly ineffective economic recovery approach that his predecessor, former president Herbert Hoover implemented.
The New Deal approach was meant to fix the economy from the ground up by making programs that Continue reading...

Globalization of corporations has led to various pros and cons. Multinational corporations have proved beneficial for the economy and the company’s returns. However, there is more than just the economic perspective of globalization of firms. Most firms have been accused of eco-terrorism, child labor and other unethical issues. Most consumers benefit from cheaper products, but they do not understand what goes on in the production process.
The thesis of my essay is to analyze the unethical issues involved in globalization of companies. These issues include child labor, which is one of the most prevalent ethical issues surrounding the Continue reading...

Abstract

The Nelson – Siegel – Svensson model is one of the preferred methods by which investors determine the value of bonds in the long run and thus make informed guesses as to the viability of each investment option. It is an accurate method of prediction when an investment portfolio needs to be set up. In this paper, by using the Nelson – Siegel – Svensson process, an attempt will be made to inform investors like to the best option for a fixed income portfolio. The paper would demonstrate how the process is to be used and applied to the data related to treasury Continue reading...

Sociological causes of drug use & abuse among college students: An Introduction

The college students, particularly those between the age-group of 18 and 24 are normally registered in colleges and universities. They are at increased risk for involving in risk drinking and other substance use than their non-college peers. These students have a tendency to involve in binge drinking and other drugs than other age-groups, whether or not they are registered in college. Normally, this predisposition arises because of:
- Developmental traits of puberty and maturity, consisting of ongoing brain maturity through in the early 20s and the progress towards greater freedom and independence
- Social and cultural standards of college Continue reading...

In the study of stock market prices, percentage change of interest and, the percentage change of market indices are key determinants in predicting the future performance of the stock market. When buying shares in the stock market, an investor usually compares the current price and, the future expected increase in price, which will result in profits. The future expected profit is usually calculated at the existing interest rates. Any future change in the interest will automatically have an impact on the future expected earnings. For instance, a rise in interest rate may result from inflation. As a result, future Continue reading...

Abstract

Recently, attention has been diverted to clean, alternative and renewable technologies due to the depletion of petroleum resources and increase of the green house gases from the combustion of fuel resources. Fuel cell is the fore-runner of these technologies and has received immense impetus due to its relatively clean source of energy. Fuel-cells are devices that produce electrical energy from chemical transformation reactions. Electrodes are placed within an electrolyte medium that facilitates oxidation of fuel. In these electrochemical reactions, ions are generated that generate electricity. This electrical energy can be effectively harnessed to carry out a myriad of functions. Continue reading...

Executive Summary

Introduction
The main perspective of this assignment is to apply the concept of marketing on a given organization. The company which has been selected for the same analysis is ASOS. Different tools would be applied on the same company in particular, as SWOT, PESTLE, ANSOFF and others. It is assumed in this particular assignment that ASOS is trying to launch a new product of men T-Shirt in the market of the UK and for that stance they want to have a perfect communication or marketing plan.
ASOS plc is a UK’s leading online platform that is associated to Continue reading...

Labor unions are considered to be very beneficial to employees because they advocate for their welfare over their working conditions collectively. The bargaining aims at moving economy in a better direction. Collective Bargaining is the process in which labor management representative bargain an acceptable labor agreement (Blair566). When employees bargain collectively, they get a chance to attach their benefits and wages to productivity gain of the overall economy of the state. A long standing labor organization is capable of improving the quality of future jobs. Collective bargaining results to better management and increased productivity (Blair567). Labor unions increase creation Continue reading...

- At the equilibrium quantity how much annual revenue do the producers receive?
20 $ per crate of oranges
- If the government imposes a price floor of $30 per crate how much revenue will producers now receive?
(80 million crates x30 $) = 2,400 $ million
- Discuss whether producers are necessarily better off.
The producers are not better off because when the prices for the oranges is low, many customers demand for them and this would result to extreme losses. On the other hand, when the price for the oranges is high, few customers are capable of buying them although Continue reading...