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Economic Impact Study

Words: 2259 Length: 7 Pages Document Type: Research Paper Paper #: 36418522

Economic Impact Study: Students at Schreiner University

An economic impact analysis is designed to estimate both the direct and indirect effects on the economy that are associated with any given type of expenditure. In other words, an increase in the demand society has for a product sets in motion a series of various expenditures from the companies and organizations that provide what is needed to make that product. The parts and labor have to come from somewhere, so the economic impact is not just on the company from which the product was ordered, but on that company's suppliers and their suppliers, all the way down the chain. When it comes to services, though, such as would be seen with higher education, the economic impact analysis is somewhat different. Since the student is not ordering a good or a product of any kind from the school, there is more to the…… [Read More]

References

Joint Economic Committee. (2013). The causes and consequences of increasing student debt. United States Congress. Retrieved from  http://www.jec.senate.gov/public/?a=Files.Serve&File_id=d7937b2f-e01c-4721-8b8b-09f5776725a1 

Kadlec, D. (2013). Student loans are becoming a drag on the U.S. economy. Time Business & Money. Retrieved from  http://business.time.com/2013/10/18/student-loan-are-becoming-a-drag-on-the-us-economy/ 

Schreiner University. (2014). Schreiner.edu. Retrieved from  http://www.schreiner.edu/financialaid/value/index.aspx
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Economics as My Intended Field

Words: 448 Length: 2 Pages Document Type: Application Essay Paper #: 92600647

Interestingly, it seems that this feature remains relatively constant regardless of the level of the socioeconomic spectrum. That is fascinating to anybody who comes from a foreign community where Americans are envied and believed to be so much more fortunate than many of us in the rest of the world.

Finally, in that regard, I also anticipate that studying the ethical issues and legal concepts that apply to economic practices, including the intersection between the private business sectors and government. From my perspective, it seems that there are many potential areas of study just in the manner in which the consumerism mentality in the U.S. fueled the housing market bubble and the ways that big business interests profited from those impulses at the macro level while, in effect, destabilizing the entire national economy. Likewise, at the micro level, there is much to learn from the practices of individual lending institutions…… [Read More]

My intended major is Economics, a subject in which I developed an interest in two very different ways. At the level of microeconomics, I have first-hand experience with the challenges of surviving alone in the United States as a self-dependent international student. On one hand, the U.S. offers many potential opportunities; on the other hand, economic survival for working students requires very responsible management of finances and resources. On the level of macroeconomics, I was both alarmed and fascinated by the manner in which the entire U.S. economy nearly collapsed in 2008, just as I was beginning to settle into life in the U.S. In addition to issues of the highly complex interrelationships among and between the business, investment banking, and housing sectors, the situation also highlighted important ethical issues that obviously must be addressed to prevent repeated economic catastrophes.

As a student of economics, I hope to develop a basic understanding of the classic fundamental principles in the field. However, I also hope to study some of the broader ways that economic issues affect and even shape contemporary human societies. Since coming to the U.S., I have learned that the American consumer economy is much more complex than I realized, especially in connection with the extent of consumer dependence on credit to fund higher lifestyles than might be sound economically. Interestingly, it seems that this feature remains relatively constant regardless of the level of the socioeconomic spectrum. That is fascinating to anybody who comes from a foreign community where Americans are envied and believed to be so much more fortunate than many of us in the rest of the world.

Finally, in that regard, I also anticipate that studying the ethical issues and legal concepts that apply to economic practices, including the intersection between the private business sectors and government. From my perspective, it seems that there are many potential areas of study just in the manner in which the consumerism mentality in the U.S. fueled the housing market bubble and the ways that big business interests profited from those impulses at the macro level while, in effect, destabilizing the entire national economy. Likewise, at the micro level, there is much to learn from the practices of individual lending institutions and real estate brokerages and their exploitation of individuals and families brought up on the American dream of home ownership. I hope that my introductory studies in economics will help me identify a more specific academic focus in an area that will allow me to establish a career, ideally in a field that might contribute to resolving some of the systemic economic problems in human societies.
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Economic Events 1980-1989 the Decade of Greed

Words: 2753 Length: 6 Pages Document Type: Term Paper Paper #: 71798083

Economic Events: 1980-1989

the decade of greed. The era of onald eagan when the rich got richer and the poor got poorer. Despite this common wisdom, 1980 started off auspiciously. On May 8, 1980 the World Health Organization hailed "one of the century's greatest medical accomplishments," the final and total eradication of smallpox (Dickson 247). But how quickly times change - barely a quarter century has passed and this same disease is making headlines once again.

Attitudes change also. While many in this day and age would still agree that the 1980's was a selfish period in American history, a sea-change has occurred in the rhetoric issuing forth from Washington D.C. In a very fundamental way, party politics has been thrust aside as concerns for homeland security take precedence over petty partisanship. Michael Barone notes this in his analysis of a speech made by Democrat ichard Gephardt in the Summer…… [Read More]

References

Barone, Michael. "The loyal opposition." U.S. News and World Report. 13 June 2003. 14

March 2003 http://www.usnews.com/usnews/opinion/baroneweb/mb_020613.htm.

Case, Karl E., and Ray C. Fair. "Principles of Economics." Prentice Hall, Inc. Englewood

Cliffs, NJ 1992.
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Economics the Great Depression Origins

Words: 3519 Length: 12 Pages Document Type: Term Paper Paper #: 42829294

The downward spiral of deflation, the collapse of countless banks and other financial institutions, and the unprecedented levels of unemployment all demanded that something be done.

The programs that constituted President Franklin Delano Roosevelt's New Deal were not entirely unknown in the pre-Depression world. Various European countries already possessed social welfare schemes to some extent, but in the United States this was largely new thinking. The changes wrought by the New Deal reflected as much the uniqueness of conditions during the Great Depression as they did the undercurrent of new attitudes and ideas that had gradually been taking hold among America's intellectuals.

FDR's planners acted in the context of changing values, an evolving set of institutions, shifting political and economic circumstances, and the ebb and flow of planning opportunities to create a distinctly national, American form of planning.... They were part of a wide-ranging national debate over how to create…… [Read More]

Works Cited

DUMMY CITATION #1 G.M., Blaauw, G.A., and Brooks, Jr., F.P. "Architecture of the IBM System/360," IBM Journal of Research and Development, Vol. 44, No. 1/2, IBM, January/March 2000 [Reprint of IBM Journal of Research and Development, Vol. 8, No. 2, 1964.]

DUMMY CITATION #2 Anderson, Philip, and Michael L. Tushman. "Technological Discontinuities and Dominant Designs: A Cyclical Model of Technological Change." Administrative Science Quarterly 35.4 (1990): 604fl.

Gibbons, Jim. "Gibbons Tells Congressional Committee to Abolish Arbitrary FAA Retirement Age: Nevadan Calls Current Federal Rule, 'Blatant Age Discrimination.'" Press Release, (United States Congress, Washington D.C., 12 March, 2003).

Wilkening, Robin. "The Age 60 Rule: Age Discrimination in Civil Aviation." (No Date). URL: http://aeromedical.org/Articles/age60.html.
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Economic Turmoil and the Approaching

Words: 838 Length: 3 Pages Document Type: Term Paper Paper #: 55682227

t is explained that the "fiscal cliff" itself refers to the end of Bush-era tax cuts and large spending cuts that will occur at the end of the year if Congress can't agree on a way to cut $1.2 trillion in debt over the next decade. This would lead to income tax and payroll tax increases for almost everyone, with an immediate negative impact on spending and thus on the economy, and with a rising unemployment rate through 2013. The article also cites Ben Bernanke as saying the Fed would not be able to counter or even effectively mitigate the effects of going over this cliff, yet the politics will have to play out before any action is taken by anyone.

lluminating the issue still further, John D. McKinnon, Kristina Peterson, and Josh Mitchell's "Most Households Face 'Fiscal Cliff'" from the November 21st edition of the Wall Street Journal present…… [Read More]

Illuminating the issue still further, John D. McKinnon, Kristina Peterson, and Josh Mitchell's "Most Households Face 'Fiscal Cliff'" from the November 21st edition of the Wall Street Journal present personal stories that typify the impact the fiscal cliff would have for people on various rungs of the socioeconomic ladder. Describing the various tax increases and other effects of the fiscal cliff in general terms first, this article then gives an example of an individual that meets the general description for every basic income/economic bracket identified. A human face is put on the numbers and the rhetoric that have been occupying many headlines and stories in the news over the past months, making the subject more accessible.

The same edition contained another story by Jon Hilsenrath, "Fed Still Trying to Push Down Rates," which details Bernanke's pledge to try to keep interest rates low through 2013 to stimulate the economy. Background information on ongoing unemployment and the dangers of the fiscal cliff are given, and also provides some history of central banks responding to legislative efforts in a spirit of cooperation but not coercion. The article also cites Bernanke's repeated warnings regarding the fiscal cliff and other fiscal policies that portend danger to the U.S. economy (and to the world economy at large), and the need to move beyond partisan politics to arrive at real and lasting solutions for the economy.

These articles demonstrate the ongoing problems faced in the current U.S. economy and contended with by agencies such as the Fed and large government bodies such as Congress. The individual personalities involved also appear to be of importance, and possibly of great hindrance.
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Economics Causes of Contraction 2001-2003

Words: 1894 Length: 5 Pages Document Type: Term Paper Paper #: 54162552

Bush implied unemployment figures were declining and Kerry touted very high unemployment figures. In hindsight, it appears that the labor department statistics concurred with the Kerry camp. When Bush still won, unemployment trend indicators seem to be coming true now and there seems to be more problems on the horizon for the economy. The Bureau of Labor Statistics indicated recently that new jobs being created in the economy were the types of jobs that cannot fuel economic growth. Thus, the economy is and will continue to lose jobs to cheaper labor markets around the globe.

The Federal eserve has dictated the cost of capital for businesses to borrow. Trends show that cash shortages in corporate American are increasing and borrowing heavily will be a likely result. Therefore, future actions of the Federal eserve impacts a major aspect of America's future. Trends to observe by the Fed relate to consumer consumption…… [Read More]

References

Employment Situation Summary. Ed. Bureau of Labor Statistics. 12/3/2003. Department of Labor. Retrieved on 4/13/2005, from  http://www.bls.gov/news.release/empsit.nr0.htm .

Heilbroner, Robert, & Thurow, Lester (1982). Economics Explained: Everything You Need to Know About How the Economy Works and Where it Is Going. Englewood Cliffs: Prentice Hall.

Marx, Karl (1977). Capital, Volume 1. New York: Random House.

Marx, Karl (1978). Capital, Volume 2. New York: Random House.
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Economics in the Last Quarter

Words: 599 Length: 2 Pages Document Type: Term Paper Paper #: 57937733



Another fiscal policy that could be implemented is for the government to spend more, thereby increasing aggregate demand. This may have an impact on consumer confidence about the long-run state of the economy, but those long-run concerns are not driving consumer spending today. At this time, the spending policy is something that government can pursue. If poorly targeted, however, its impacts will be temporary. Indeed, if everybody knows that the measure is temporary, this will not affect consumer confidence or business investment in the long run. However, if the policy appears permanent, then the responses could be more permanent in nature as well.

Lowering taxes on that bottom 80% will increase consumer spending, but again might not improve consumer confidence because it only makes the long-run deficit problem worse. Only spending on job creation, therefore, is recommended because it serves to a) address some of the crippling issues relating to…… [Read More]

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Economics Pick a Marketing Environment and a

Words: 930 Length: 3 Pages Document Type: Essay Paper #: 70115753

Economics

Pick a marketing environment and a popular brand of your coice. Ten discuss te potential impact on te brand of trends tat are observable in tat external environment. How will tey impact te demand for te product? How will tey define wo te competitors are? Wat recommendations would you make to te brand to prepare for te canges your see coming from te environmental trends you observed?

I coose Coca-Cola as te brand of coice. I coose te macroenivronment as marketing environment. Te macro environment constitutes influences from te muc larger global society. Tese include culture, political issues, tecnology, te natural environment, economic issues and demograpic factors amongst oters. Te Coca-Cola beverage, produced by te Coca-Cola Company of Atlanta, Georgia is sold in more tan 200 countries. Te Company produces te Coca-Cola (oterwise called Coke) beverage wic is ten distributed to licensed international Coca-Cola bottlers. It is peraps one…… [Read More]

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Economic and Social Effects of

Words: 9045 Length: 25 Pages Document Type: Research Paper Paper #: 41483765

Many businesses could no longer operate in this fashion and likely closed their doors leading to a rise in unemployment. This is an example of the rule that Hitler had on the Pre-World War II German economy. The people of the nation were completely subject to his policies and because the economy was in such a vulnerable position as a result of the First World War, that Hitler's policies were looked upon as providing assistance to the nation. The research indicates that Hitler's rule over Germany managed to counter the rise in unemployment with institution of the German Labor Service and other workforce and labor programs.

Pre-World War II Unemployment in Germany

etween January 1933 and July 1935 the number of employed Germans rose by a half, from 11.7 million to 16.9 million.

. Under the rule of Hitler, more than 5 million new jobs paying living wages were created.…… [Read More]

Bibliography

Academic Dictionaries and Encyclopedias. "Expulsion of Germans after World War II." Last

updated in 2010.  http://en.academic.ru/dic.nsf/enwiki/38667 .

Brezina, Corona. The Treaty of Versailles, 1919: A Primary Source Examination of the Treaty

That Ended World War I. New York: Rosen Publishing Group, Inc., 2006.
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Economic Profile of the Airline

Words: 2335 Length: 7 Pages Document Type: Term Paper Paper #: 39289430

Not only are they crucial for the movement of people, but they are crucial for the rapid movement of time-sensitive goods. Therefore the government has an interest in the survival of the industry. Government can and has involved itself through monetary policy in sustaining or resuscitating struggling airlines in order to maintain the overall strength of the industry.

Taxation is another area where governments affect the industry. This again relates to the tight margins, as taxation represents a key expense for airlines. Changes in the tax regime directly affect airlines' after tax profits. The government can encourage or discourage the industry based on its taxation policies. The IATA believes the airline industry to be more heavily taxed than some of its substitutes, and has an entire program to deal with the issue of taxation, highlighting taxation's relevance to the industry.

Another way in which fiscal policy can impact the industry…… [Read More]

Works Cited

Pearce, Brian. (2008). Financial Forecast. IATA. Retrieved June 29, 2008 at  http://www.iata.org/NR/rdonlyres/DA8ACB38-676F-4DB1-A2AC-F5BCEF74CB2C/0/Industry_Outlook_Briefing_March08.pdf 

No author. (2008). The Industry Handbook: The Airline Industry. Investopedia. Retrieved June 29, 2008 at  http://www.investopedia.com/features/industryhandbook/airline.asp 

Flint, Perry. (2008). 2008 Forecast: Will the Luck Hold? Air Transport World. Retrieved June 29, 2008 at  http://www.atwonline.com/channels/dataAirlineEconomics/article.html?articleID=2174 

No author. (2008). Chief Characteristic of the Airline Business. Air Transport Association. Retrieved June 29, 2008 at http://members.airlines.org/about/d.aspx?nid=7955
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Economics Growth the Retailer Sector Was Lately

Words: 3394 Length: 8 Pages Document Type: Term Paper Paper #: 93111117

Economics

Growth The retailer sector was lately affected by the back-to-school shopping season, which did not start so well, as midprice department stores, discounters and specialty-apparel retailers announced disappointing sales results during August, which reinforced the already much debated concerns that consumers are not comfortable with the current state of the economy and are reluctant to consume, considering the shaky and uneven economic recovery.

However, luxury department-store chains managed to post significant earnings, as they benefited from the help of an important number of upscale shoppers. Still, the effects of higher gas prices and the rising value of grocery bills, combined with lackluster job growth were severely felt by moderate- and lower-income shoppers.

Michael Niemira, chief economist and director of research at the International Council of Shopping Centers feels that "There's weaker-than-expected performance," due to the fact that "there was a slowdown in spending, but some results are exaggerated by…… [Read More]

References

1. Higher energy prices depress overall economy. Charles Stein.

Knight Ridder Tribune Business News. Washington:

Aug 6, 2004. On the Internet at  http://gateway.proquest.com.libproxy.unm.edu/openurl-url_ver=Z39.88-2004&res_dat=xri:pqd&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&genre=article&rft_dat=xri:pqd:did=000000674708321&svc_dat=xri:pqil:fmt=text&req_dat=xri:pqil:pq_clntid=2877 

2. Retailers' Sales Come In Weaker Than Expected; Soft Results Reinforce Fears About Consumer Confidence; Discounters Saw Biggest Hit. Kortney Stringer.
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Economic Stimulus Banking Firms and

Words: 2615 Length: 9 Pages Document Type: Research Proposal Paper #: 88635423

These can include the stimulus package, though, because the Obama Administration is still offering stimulus dollars to banks and other companies that need help and cannot take care of their customers in the way that they used to and preferred to.

Figure 1: How Severe is the Subprime Mess?

Obviously, the subprime mess is a serious concern for everyone. The stimulus package was designed to help the banks and the people who borrowed from them with the fact that they could not pay for the debts that they had created for themselves. That was true for the people who had mortgages, and also true for the banks that loaned money to these people. The stimulus package was designed to help them both out so that they could take care of their debts and move forward again. However, the economic stimulus package has not fixed everything that was hoped. There are…… [Read More]

References

Anderson, Mark (2009-06-30). "Down in flames: Why Money Store was a bust." Sacramento Business Journal. American City Business Journals, Inc.

"Bank vows $20 billion for green projects." msnbc. 2008-02-06.  http://www.msnbc.msn.com/id/17500301/ .

"Credit Cards' Latest Pitch: Green Benefits." Wall Street Journal. 2007-11-30.  http://online.wsj.com/article/SB120225763311445823.html .

Freer, Jim (2007-03-09). "BofA donates $1M to Camillus House." South Florida Business
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Economics - How China's Economy

Words: 2387 Length: 7 Pages Document Type: Essay Paper #: 51780720



Aside these impacts however, more salient effects are observable, such as a necessity to change internal practices of business. A relevant example in this sense is given by Wal-Mart, in its quality of America's largest retailer, which decided, unlike within the U.S., to allow Chinese employees to unionize (Dessler, 2006). The official approach of the Chinese leaders was that of implementing reforms which further capitalize on the low cost labor force advantage in order to continually attract investors.

5. The Market of Exchange ates

The final step of this analysis is constituted by the look at China's currency policies, in an attempt to reveal if the policies implemented have played any part in the country's competitiveness within the global market. China's currency, the yuan, was pegged to the United States Dollar in 1997, but the link only lasted until 2005. Since then, the mechanism of resetting the value of the…… [Read More]

References:

Brasher, K., 2005, China's Opaque Currency Policy, the New York Times,  http://www.nytimes.com/2005/07/22/business/worldbusiness/22assess.html  last accessed on October 21, 2009

Bruton, G.D., Ahlstrom, D., Chan, E.S., 2000, Foreign Firms in China: Facing Human Resources Challenges in a Transnational Economy, SAM Advanced Management Journal, Vol. 65

Buckley, P.J., Clegg, J., Wang, C., 2002, the Impact of Inward FDI on the Performance of Chinese Manufacturing Firms, Journal of International Business Studies, Vol. 33

Cavanaugh, J., Mander, J., 2004, Alternatives to Economic Globalization: A Better World Is Possible, 2nd Edition, Berrett-Koehler Publishers, ISBN 1576753034
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Economics Goods Returns & Applied Theory Economics

Words: 909 Length: 3 Pages Document Type: Discussion Chapter Paper #: 1459563

Economics: Goods, eturns, & Applied Theory

Economics

There are a variety of good available on the market. Different goods serve different functions within a society's economy. In this brief paper, two types of goods will be discussed: normal goods and inferior goods. The paper will also make mention of the law of diminishing returns and will provide examples of each of the three topics. Finally, drawing directly from contemporary news, the paper will reflect upon an economic issue relating it to concepts recently acquired through the course content.

Contemporary News in Economics: Goods, eturns, & Applied Theory

As the market improves and more people generate greater quantities of income, there are certain products that people demand more because of the increase in their incomes. These are the items that are popular and that many people desire yet the price is just out of their economic means. Once these people generate…… [Read More]

References:

Vega, T. (2012) Substantial Growth in Ads Is on the Way to FaceBook. The New York Times, Available from  http://www.nytimes.com/2012/03/01/business/media/facebook-paves-way-for-huge-growth-in-advertising.html?ref=technology . 2012 February 29.
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Economics Finance MBA Level

Words: 13568 Length: 50 Pages Document Type: Term Paper Paper #: 39727750

disrupting America's economic system is a fundamental objective of terrorists

Even as the world continues to struggle with the terrible shock from the September 11 attacks in New York and Washington, one principle lesson has already become clear: disrupting our economic system is a fundamental objective of terrorists.

Prior to September 11, our economic environment was certainly not immune to terror, in comparison to many other nations; we lived relatively terror-free. Now, however, the aftermath of the terrorist attacks serves as a grim reminder that international relations and security developments can dramatically affect economic performance.

US History is replete with countless examples when macro fundamentals are overtaken by what economists refer to as, exogenous shocks -- surprise events that can profoundly and often unpredictably shift political and economic resources, and send even the most accurate forecasts astray. Commodity shocks, such as the two OPEC jolts in the 1970s, are classic…… [Read More]

References

Bagehot, Walter. 1927. Lombard Street: A Description of the Money Market, John Murray, London.

Balbach, Anatol B. 1981. "How Controllable is Money Growth?" Federal Reserve Bank of St. Louis Review, vol 63, no 4, April, p. 5.

Becker, Gary S, Steven N. Kaplan, Kevin M. Murphy and Edward A Snyder. (2002 / winter). "The Economic Effects of September 11," GSB Magazine, University of Chicago's Graduate School of Business.

Bell, Stephanie. 2000. "Do Taxes and Bonds Finance Government Spending?." Journal of Economic Issues, Vol. 34, no. 3, pp. 603-620.
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The Global Economic Crisis

Words: 630 Length: 2 Pages Document Type: Essay Paper #: 84596405

Economics and Global Capitalism
The problem with the kind of thinking that postulates that human nature is based on self-interest is that underlying this supposition is the assumption that human nature is completely rational and logical and would never do anything to harm itself. This is not the case and economic booms and busts indicate as much. Self-interest is not always aimed towards a positive end. Sometimes, for instance, short-term self-interest is detrimental to long-term self-interest and vice versa. Sometimes people are motivated not by self-interest (at least in a temporal sense) but by charity, kindness, selflessness, self-sacrifice, or altruism. It could be argued that people sometimes believe they will be rewarded in a spiritual sense for these actions, but the basic idea is that they are essentially unselfish acts. Thus, to assert that self-interest is the rational motivating force behind human behavior is to really not understand humanity: humans…… [Read More]

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Economic Crisis

Words: 2582 Length: 8 Pages Document Type: Research Paper Paper #: 52726174

Economic Crisis

The revelation of the financial crisis that unfolded in United States in 2008 is considered to be the worst economic crisis since the Great Depression, 1929. The distinctive causative factors that have contributed to the U.S. economic crisis 2008- 2009 are differentiated by aggravated financial control, higher risks in capital investment, the housing bubble phenomena in relation to the brisk credit expansion. The aggregation of these factors in the U.S. economy directed the economy towards the de- leverage and credit crunches as the bubble burst. The following paper shall be discussing about the degree of correlation between the tax implications policies with respect to the financial crisis in U.S.. The precise review of strong linkages between the taxation and economic crises is the explicit explanation of the crisis that shook America. The paper also highlights the key factors that demonstrated their abilities and rescued U.S. In the economic…… [Read More]

Reference

Carr, D.A. (2011). Responses to Local Fiscal Shocks: Path Dependency Effects of the Clean Air Act. Public Finance and Management, 11(2), 160+. Retrieved March 9, 2012, from Questia database:  http://www.questia.com/PM.qst?a=o&d=5050180027 

Hendrickson, J.M., & Nichols, M.W. (2010). Did Commercial Banks Close Branches in Low-income Neighborhoods in Response to the Cra? Implications for Understanding the 2007-2008 Financial Crisis. Journal of Legal, Ethical and Regulatory Issues, 13(1), 17+. Retrieved March 9, 2012, from Questia database:  http://www.questia.com/PM.qst?a=o&d=5044499375 

Johnson, E.M. (2010, April). Mr. Trust Buster. In These Times, 34, 7+. Retrieved March 9, 2012, from Questia database:  http://www.questia.com/PM.qst?a=o&d=5041402599 

Robinson, S.N., & Nantz, D.P. (2009). Lessons to Be Learned from the Financial Crisis. Journal of Private Enterprise, 25(1), 5+. Retrieved March 9, 2012, from Questia database:  http://www.questia.com/PM.qst?a=o&d=5037768696
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Economic Indicators Savings Rate Economic

Words: 1288 Length: 3 Pages Document Type: Assessment Paper #: 95519489

This economic indicator can be used to determine inequality within a given region or area. It can also be view the capacity for individuals within a particular nation to consume

b. ate of Value- $41,560

c. Source of Information- "Per Capita Personal Income U.S. And All States." Per Capita Personal Income U.S. And All States. Bureau of Business & Economic esearch, 12 Oct. 12. Web. 02 Feb. 2013.

d. Date of information- September 2012

6) Housing Starts-

a. Economic Indicator- Housing starts are usually indicated by the number of privately owned, new houses, under construction within a given period. This data is usually comprised of three, very distinct components of single family houses, condos, and apartment buildings. Housing starts are very important economic indicators as housing is a substantial component of the middle class family's net worth. Home ownership is also a means by which are other industries are successful.…… [Read More]

References:

1) Cooper, Stephen. Census.gov. U.S. Department of Housing and Urban Development, 17 Jan. 2013. Web. 2 Feb. 2013.

2) "Insights on U.S. Mortgage Rates from Tom Reddin." Mortgage Rates RSS. N.p., 30 Jan. 2013. Web. 02 Feb. 2013

3) "Labor Force Statistics from the Current Population Survey." Bureau of Labor Statistics. 2012-06.  http://data.bls.gov/timeseries/LNS14000000 . Retrieved 2012-06-15

4) "Per Capita Personal Income U.S. And All States." Per Capita Personal Income U.S. And All States. Bureau of Business & Economic Research, 12 Oct. 12. Web. 02 Feb. 2013
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Economic Impacts of Regulation Is a Written

Words: 1536 Length: 5 Pages Document Type: Essay Paper #: 85221461

Economic Impacts of egulation

egulation is a written instrument that contains rules with the force of law (Ogus, 2004). egulation as a process involves monitoring and enforcing rules, established through primary or delegated legislation. egulation usually creates, constrains or limits a right. In addition, regulation creates and limits a duty besides allocating responsibilities (Ogus, 2004). egulation may take several forms depending on its application. These includes legal restrictions made by the government, contractual obligations, which binds several parties together, self-regulations by industries, third party regulation, co-regulation, market regulation, certification and accreditation

egulation made by a state tries to produce outcomes that might not occur (Ogus, 2004). In addition, it attempts to prevent or produce outcomes in various places to what might occur. Through this, regulation becomes an implementation object of policy statements. Examples of regulation include controls on prices, market entries, wages, pollution effects, employment of particular people within certain…… [Read More]

References

Amato, G., & Laudati, L.L. (2001). The anticompetitive impact of regulation. Cheltenham [u.a.: Elgar.

Grabowski, H.G. (2009). The impact of regulation on industrial innovation: [a workshop on the Impact of Federal Regulations on Industrial Innovations, New York, May 2-3, 2008]. Washington: National Academy of Sciences.

High, J.C. (2001). Regulation: Economic theory and history. Ann Arbor: Univ. Of Michigan Press.

Loayza, N., Serven, L., Oviedo, A.M., & World Bank. (2005). The impact of regulation on growth and informality: Cross-country evidence. Washington, D.C: World Bank, Development Research Group, Growth and Investment Team.
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Economic Final Report

Words: 1317 Length: 4 Pages Document Type: Term Paper Paper #: 87075797

Economic Final Report

Types of economic systems

Economic systems vary from one nation to another. Traditional economic systems refer to an economic system founded by tradition. The services and goods that people provide through the work they do, how people exchange and use the resources are trends that follow permanent patterns. These are not dynamic economic systems because there are minimal changes. In this economic system, people live on static standards. They do not enjoy much occupational mobility and financial mobility (Gregory and Robert 19). However, it is possible to predict economic relationships and behaviors. People are aware of what they are expected to do, why they trade, they know what others should give to them. In traditional economic systems, the interests of the community are of great priority than individual interests. People collaborate at work and labor proceeds are shared equally. However, in some traditional economic systems, individuals respect…… [Read More]

Work Cited

Conklin, David W.; Comparative Economic Systems: Objectives, Decision Modes, and the Process of Choice. Cambridge [England: Cambridge University Press, 2009. Print.

Gregory, Paul R, and Robert C. Stuartl; Comparative Economic Systems. Boston: Houghton

Mifflin Co, 2010. Print.

Keese, Mark, Pete Richardson, and Ge-rard Salou. The Measurement of Output and Factors of Production for the Business Sector in OECD Countries: (the OECD Business Sector Database). Paris: OECD, 2011. Print.
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Economic Globalization Has the 2008 Financial Meltdown

Words: 2832 Length: 11 Pages Document Type: Essay Paper #: 9572312

Economic Globalization

Has the 2008 financial meltdown in the U.S. And the ongoing economic crisis in Europe have practically ended the era of economic globalization?

Following the financial crisis that marred the U.S. economy along with other global economies as well as the ongoing Eurozone debt crisis, there have been projected concerns that this predicament would end economic globalization. The purpose of this paper is to assess this claim. Going by Immanuel Wallenstein's World Systems Theory, the political economy of Third World economies and developed economies of the West are mutually dependent. Wallenstein's conjecture is that the growth and expansion of Third World economies relies on constant interaction with Western developed economies seeing as the world is characterized by a structural division of labor where the developing nations of the Third World provide cheap labor and raw materials while the developed economies are the holders of capital and controllers of…… [Read More]

References

Ebrahimi, H, 2012, "John Lewis warns Amazon's tax avoidance 'will drive UK companies out of business" The Telegraph

Held, David; The Open University, eds. (2004). A Globalizing World?: Culture, Economics, Politics (2nd ed.). London; New York: Routledge, in association with the Open University. p. 84.

Katz, I & Christie, R (2011) "Geithner Called Housing Giants Biggest 'Moral Hazard'" Bloomberg

Lynch, Katherine (2003). The Forces of Economic Globalization. Kluwer Law International
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Economic Trends in Terms of Output and

Words: 1232 Length: 4 Pages Document Type: Essay Paper #: 87710504

Economic Trends

In terms of output and growth, Canada's real GDP was 2.96% higher than it was a year ago, but the growth trend is slowing down from a growth rate high of 3.81% in Q3 2010. Japan's economy has contracted in Q2 2011 by 0.76%. It's rate has been volatile, growing rapidly over the past year only to contract again. The UK's growth rate is 1.63%, and that country has had fairly stable, if sluggish, real GDP growth. The current GDP growth rate in the United States is 2.33%. Real GDP growth is on a downward trend in the U.S. But has maintained healthy levels since Q4 2009.

All four countries were affected by the recession. Each experienced real GDP declines during the 2008-2009 period. Japan was the hardest hit. Yet each nation recovered in 2010, only to see the rate of economic growth slow again in 2011.

Canada…… [Read More]

Works Cited:

BoC. (2011). Inflation control target. Bank of Canada. Retrieved October 20, 2011 from  http://www.bankofcanada.ca/monetary-policy-introduction/framework/inflation-control-target/ 

Estrella, A. & Trubin, M. (2006). The yield curve as a leading indicator: Some practical issues. Federal Reserve Bank of New York. Retrieved October 20, 2011 from  http://www.newyorkfed.org/research/current_issues/ci12-5/ci12-5.html 

Investopedia. (2011). Yield curve. Investopedia. Retrieved October 20, 2011 from  http://www.investopedia.com/terms/y/yieldcurve.asp#axzz1VCSWJAY8 

St. Louis Fed. (2011). International economic trends: August 2011. Federal Reserve Bank of St. Louis. Retrieved October 20, 2011 from  http://research.stlouisfed.org/publications/iet/
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Economics Is the Study of

Words: 931 Length: 3 Pages Document Type: Essay Paper #: 54684209

If there is a risk that one of the family members will lose his or her job, that will add risk to the purchase decision. The riskier the purchase decision, the lower the price will need to be in order to compensate for that. Another factor here is the expected change in housing prices or interest rates. Buyers are inclined to enter the market if they believe that the cost of home ownership will be higher next year, but they may delay purchases if they believe that costs will be lower next year.

ith new home sales last summer, the dip could be in part due to worries about a double-dip recession. The summer was characterized by an inane fight over the debt ceiling, something that shattered confidence of many in the political system, and some of the key actors within that system. A fractured political system is one that…… [Read More]

Works Cited:

Hauser, C. (2011, Aug 24). Sales of new homes fell again in july. New York Times, pp. B.6-B.6.  http://search.proquest.com/docview/884825381?accountid=35812
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Economic Crisis Policies US Current Economic Crisis

Words: 2366 Length: 8 Pages Document Type: Research Paper Paper #: 30617442

Economic Crisis Policies

US current economic crisis is considered to be started from real estate sector. The real sector started to decline in 2006 and it accelerated in 2007 and 2008. Housing prices have fallen from the peak from about 25% so far. The decline in prices left homeowners with no option and they were unable to refinance their mortgages and causes default of mortgages. This default of mortgages and loans swallowed the banks and financial markets such as falling of Lehman's brothers and other anks and blow to rest of economy happened as the whole economy was relying on banks and ultimately it slows down investment in the country and capital flows to other parts of the world like China and India. ank losses cause reduction of bank capital which in turn requires capital reduction thus saving bank from lending. It is estimated that every $100 loss and reduction…… [Read More]

Bibliography

ISR international socialist review. (2009, april). Retrieved from The U.S. economic crisis:causes and solutions:  http://www.isreview.org/issues/64/feat-moseley.shtml 

Journal of accountancy. (2009, october). Retrieved from The U.S. economic crisis: root causes and road to recovery: www.journalofaccountancy.com/Issues/2009/Oct/20091781

Eyes on wall street. (2011, april). Retrieved from Levin coburn investigates casues of financial crisis:  http://www.eyesonwallstreet.com/2011/04/articles/financial-crisis/levincoburn-report-investigates-causes-of-the-financial-crisis/ 

Rude, C. (2009). World Economic Crisis and Fed Reserve Response to it. Studies in Political Economy.
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Economics Total Revenue Represents All the Company

Words: 1456 Length: 5 Pages Document Type: Essay Paper #: 34082090

Economics

Total revenue represents all the company income. Total revenue is calculated by multiplying the price of products with the quantity sold. Typically, total revenue is calculated as follows:

Total revenue = price x quantity

Where price (P) and quantity (Q).

Total revenue=PxQ

As being revealed in Table 1, total revenue is calculated by multiplying price with quantity, when firm produces 2 quantities of goods, firm's total revenue is $10, however, when a firm produces 3 quantities of goods, its total revenue is $15.

Marginal revenue is an additional revenue that a firm generates when a firm sells additional unit of output. The marginal revenue plays an important role in the perfectly competitive firm where a perfectly competitive firm maximizes its profit when marginal revenue is equal to marginal cost. The formula used to calculate marginal revenue is:

Marginal revenue= Change in total revenue/Change quantity.

The average revenue is calculated…… [Read More]

References

Aderton, (1977).Economics. Pearson Education

Sloman, A and Sutcliffe, M (2004). Economics for Business. Prentice Hall.
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Economic Final Report

Words: 1491 Length: 4 Pages Document Type: Term Paper Paper #: 81471613

Economic Systems:

An economic system is basically described as specific set of principles that addresses the production, distribution, and consumption of products and services. The involved parties in the production, distribution, and consumptions processes are usually determined by or dependent on the economic system. Throughout the history of humanity, different types of economic systems have evolved because different societies have placed varying emphasis on distinctive goals and priorities as part of their efforts to obtain answers to certain economic questions. In addition, the difference in economic systems is fueled by the tendency by different societies to develop very broad economic approaches to manage their resources. One of the main reasons for the development of different economic systems is to address the challenge of scarcity. The challenge of scarcity is an essential problem that confronts individuals and nations. hile there are four major types of economic systems recognized by economists, there…… [Read More]

Works Cited:

"Economic Systems." Hilliard Bradley High School. Hilliard Bradley High School, n.d. Web. 18 Mar. 2013. .

"Factors of Production." Enotes.com - Study Smarter. Enotes.com, Inc., n.d. Web. 18 Mar. 2013. .

"Types of Economic Systems." Economic Systems. Shmoop University, Inc., n.d. Web. 18 Mar. 2013. .
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Economics There Are Several Factors That Could

Words: 1221 Length: 4 Pages Document Type: Essay Paper #: 26791415

Economics

There are several factors that could contribute to increased demand for owner-occupied housing in the United Kingdom. Given that this demand is presently suppressed by a poor economy, most of the conditions under which demand would increase involve finding ways to boost overall economic performance. One normal policy prescription, lowering interest rates, is effectively off the table with the current rate at 0.5% and the Bank of England expected to maintain this rock bottom rate for the foreseeable future (Oxlade, 2013). Banks could lower lending rates to buyers, but these rates are usually based on spreads relative to the rate at which banks borrow, so there might not be much flexibility for banks to lower rates profitably.

One way would be to boost the economy through fiscal stimulus, government putting money into the economy instead of taking it out. This would create better demand conditions, and would also give…… [Read More]

Works Cited:

Oxlade, A. (2013). Interest rates at 0.5pc for four more years. The Telegraph. Retrieved April 28, 2013 from  http://www.telegraph.co.uk/finance/personalfinance/interest-rates/9922941/Interest-rates-predictions-Four-more-years-of-0.5.html
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Economics According to Burrow Verard and Kleindl

Words: 1337 Length: 4 Pages Document Type: Essay Paper #: 93223775

Economics

According to Burrow, Verard and Kleindl (2007), "a market economy is an economic system in which individual buying decisions in the marketplace together determine what, how, and for whom goods and services will be produced." Hence in any hypothetical pure market economy, the government of the day does not take an active role in deciding what products the citizenry should buy and in what quantities. A pure market economy is however taken to be a theoretical ideal. Burrow, Verard and Kleindl (2007) on the other hand note that "a command economy is an economic system in which a central planning authority, under the control of the country's government, owns most of the factors of production and determines what, how, and for whom goods and services will be produced." In such an economic system, the government of the day largely dictates the mode of utilization of the various factors of…… [Read More]

References

Baumol, W.J. & Blinder, A.S. (2011). Economics: Principles and Policy. Cengage Learning.

Burrow, J.L., Everard, K.E. & Kleindl, B. (2007). Business Principles and Management. Cengage Learning.
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Economic Indicators Employment Weekly Job

Words: 527 Length: 2 Pages Document Type: Research Paper Paper #: 83863511

The outlook was very negative in August and September -- there were some serious issues such as the debt ceiling debate that could have been responsible for the strong negative outlook. The outlook has turned slightly positive of late though, an encouraging sign.

Overall, the data provides a mixed signal about the state of the economy. The major headline numbers -- GDP and unemployment -- are improving. This is supported by the FOMC's statement, which has shown that rates are going to stay low. However, there are some mixed signals in the other data, including CPI, real earnings and durable goods orders.

The type of number of course is important. Some of the numbers are more sensitive than others, and some are better indicators of the economic conditions of the country. The Philadelphia survey, for example, is regional and subjective, which makes it a less useful indicator. Such data is…… [Read More]

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Economic Depression of Europe

Words: 2122 Length: 6 Pages Document Type: Research Paper Paper #: 43307480

Economic Depression of Europe

An economic depression is more severe than a recession due to the fact that a depression involves drastic decline in a national or international economy, characterized by decreasing business activity, falling prices, and high levels of unemployment.

There were economic depressions in Europe that were experienced before and after the 1870 but with a remarkable difference, being that those that were experienced before the 1870s were less costly in terms of life and resources and took relatively lesser period. Indeed it was a commonplace that every part of Europe experienced one sort of economic depression or the other.

One such economic situation before 1870 was the "little ice age" which began in the late 16th century till around 1950s as indicated by Big Site of History (2011). This was a time when a severe cold that could not be withstood by most crops set in most…… [Read More]

References

Big Site of History (2011). Social Trends in 17th Century Europe: The Problem of Divine-Right

Monarchy. Retrieved July 18, 2011 from  http://bigsiteofhistory.com/social-trends-in-17th-century-europe-the-problem-of-divine-right-monarchy 

Historic UK, (2011). The Great Plague 1665. Retrieved July 18, 2011 from http://www.historic-

uk.com/HistoryUK/England-History/GreatPlague.htm
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Economic Globalization Today the World

Words: 2327 Length: 7 Pages Document Type: Term Paper Paper #: 34601163

"The explosive growth of the global economy threatens the natural systems that sustain life on Earth. Despite some significant successes in reducing industrial pollution and increasing efficiency, globalization is devastating natural habitats, speeding global warming, and increasing air and water pollution" (Anonymous). It is in the nature of such an economic globalization to cause negative effects. Globalization has its benefits as well which hold substantial weight.

Advocates for economic globalization state that it is aimed at removing poverty and increasing wealth among the poor. This has been seen not to be entirely true and the gain of wealth is seen only in the upper or elite classes. The rich are getting richer while the poor are getting poorer. Although food has increased, hunger rates have also increased. It is seen that the top class is becoming multibillionaires and today there are more billionaires than yesterday. However the lower class is…… [Read More]

References

1) Anonymous - Economic Globalization. [Online website] Available at http://ucatlas.ucsc.edu/economic.php[Accessed on: 10/11/2005]

2) Anonymous - Mennonite Central Committee "Economic Globalization." [Online website] Available at  http://www.mcc.org/us/globalization/ [Accessed on: 10/11/2005]

3) John N. Pearson, Jeffrey S. Bracker, Richard E. White - Article Title: Operations Management Activities of Small, High Growth Electronics Firms. Journal Title: Journal of Small Business Management. Volume: 28. Issue: 1. Publication Year: 1990. Page Number: 20+.

4) World Council of Churches - REPORT OF THE POLICY REFERENCE COMMITTEE II. [Online website] Available at  http://www.wcc-coe.org/wcc/who/cc2001/pr-ii3-e.html#glob [Accessed on: 10/11/2005]
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Economics the Dominant Economic Theme

Words: 1262 Length: 4 Pages Document Type: Essay Paper #: 35208956

ealth does not equate to happiness, a sense of purpose, dignity or respect. One of the key underlying assumptions of neoliberal philosophy, as derived from Milton Friedman, is that financial wealth is the ideal end goal of all activity. hile financial wealth solves many problems it does not solve all problems. Opponents of globalization, whatever their other arguments, incorporate this understanding into their protestations.

Naomi Klein goes further, suggesting that the unequal wealth distribution in the globalized economy is deliberate. The march towards globalization is not an altruistic endeavor borne of a firm belief in the power of the free market, but is a calculated strategy on the part of the world's elite to seize the world's wealth and power at whatever expense is necessary. Indeed, any economic benefits realized by the masses are incidental. Casualties -- be they citizens of Iraq, indigenous peoples or indeed any of the world's…… [Read More]

Works Cited:

Harvey, D. (2007). A Brief History of Neoliberalism. New York: Oxford University Press.

Klein, N. (2007). The shock doctrine: The rise of disaster capitalism. Toronto: Random House.

Friedman, T. (1999). The Lexus and the olive tree. New York: Farrar Straus Giroux.

Appiah, K. (2006). The case for contamination. New York Times Magazine. Jan 1, 2006.
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Economic Crisis Iceland 2008 Current

Words: 1162 Length: 4 Pages Document Type: Research Paper Paper #: 38859627

This program is focused onto the following directions:

Generating stability with exchange rates

ebuilding confidence in the monetary policy

Better managing and restricting public debt

eforming and restructuring the banking sector to insure more transparency and the implementation of internationally recognized policies (The Icelandic Government Information Center, 2008).

4. Short-term forecast for the economy

The 2008 has severely impacted the Icelandic economy. In light of the dramatic effects as well as the efforts put into the reconstruction and reconsolidation of the Islanding economy, major growths are not expected. In other words, it is generally assumed that the country will regain its stability through small and gradual victories, which will, for the time being, only manage to stabilize the economy. Growth rates are expected to remain low and for 2010 for instance, the growth rate of the gross domestic product is expected to be close to zero (Central Intelligence Agency, 2010).…… [Read More]

References:

2008, Economic programme in cooperation with IMF, The Icelandic Government Information Center,  http://www.iceland.org/info/iceland-imf-program  / last accessed on August 2, 2010

2008, Economic outlook 2008-2012, Landsbanki,  http://www.landsbanki.is/Uploads/Maillist/Docs/economicoutlook2008-2012.pdf  last accessed on August 2, 2010

2008, Glitnir releases economic forecast for Iceland, IceNews,  http://www.icenews.is/index.php/2008/06/02/glitnir-releases-economic-forecast-for-iceland  / last accessed on August 2, 2010

2010, Iceland economic statistics and indicators, Economy Watch,  http://www.economywatch.com/economic-statistics/country/Iceland  / last accessed on August 2, 2010
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Economics - Macroeconomics Economics Various

Words: 1129 Length: 3 Pages Document Type: Essay Paper #: 75949107

S. The societal system practiced in France serves as a model towards which the U.S. aspire.

President Barack Obama's healthcare reform plan is considered by many as being a socialist experiment that will significantly hurt the economy (CBS, 2009). In opposition, the President has stated that he does not intend to implement a healthcare system that depends on the government. Instead, he would prefer a system in which the government competes with private insurance companies for selling coverage.

The Invisible Hand Principle

The invisible hand principle was developed as an opposition to the protectionist system. This principle is actually a metaphor describing the self-regulating characteristic of the market. In other words, such a system can be implemented due to a combination of factors, like self-interest, competition, supply and demand. Adam Smith, who developed this theory, considered that the action of these forces and their effects are able to allocate resources…… [Read More]

Reference list:

1. Eddlem, T.R. (2009). Obama needs to learn "opportunity cost." The New American. Retrieved February 26, 2010 from  http://findarticles.com/p/articles/mi_m0JZS/is_15_25/ai_n32369481/?tag=content;col1 .

2. Dorrien, G. (2009). Is the Economic Crisis a Sin? Newsweek. Retrieved February 26, 2010 from http://www.newsweek.com/id/206095.

3. Steele Calls Obama Health Plan "Socialism" (2009). CBS News. Retrieved February 26, 2010 from  http://www.cbsnews.com/stories/2009/07/20/politics/main5174417.shtml .

4. Remarks by the President on Financial Rescue and Reform. The White House. Retrieved February 26, 2010 from  http://www.whitehouse.gov/the_press_office/Remarks-by-the-President-on-Financial-Rescue-and-Reform-at-Federal-Hall .
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Economics Optimal Currency Area an

Words: 2259 Length: 7 Pages Document Type: Essay Paper #: 50405286

Thus, a region or nation experiencing economic depression will be unable to use the interest rate lever to boost the economy. Similarly a country with high inflation will be unable to independently raise interest rates to contain inflation. Moreover, Islamic countries, which form a large part of the geography, do not believe in interest rates.

Political barriers -- Political differences between nations make it extremely difficult for them to adopt a common currency. It can lead to a loss in political sovereignty as monetary interests would need to surpass political interests. This is unlikely to be acceptable to most of the nations and the idea of a single currency may be difficult to implement (Gimp, 2008).

Will Pros and Cons change Over Time? Depending On the Country?

The economic conditions to determine a monetary union depend on: the openness and size of the economy involved to trade; the free movements…… [Read More]

Bibliography

BBC. (1997, November 21). European monetary union - pros and cons. Retrieved May 11, 2009, from BBC News:  http://news.bbc.co.uk/1/hi/special_report/single_currency/25081.stm 

Filho, F.F. (2003). Is it possible to achieve a monetary union in MERCOSUR? (South America). Retrieved May 11, 2009, from Vanderbilt University: http://sitemason.vanderbilt.edu/files/egnZLy/Ferrari%20Filho%202.pdf

Frankel, J. (1999, August). No single currency regime is right for all countries or at all times. Retrieved May 11, 2009, from Princeton University: http://www.princeton.edu/~ies/IES_Essays/E215.pdf

Gimp, F. (2008, June 27). A world currency - pros and cons and can it become a reality. Retrieved May 11, 2009, from Piponomics:  http://www.babypips.com/blogs/piponomics/a_world_currency_pros_and_cons.html
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Economics Theory Popular Concept That

Words: 2089 Length: 5 Pages Document Type: Term Paper Paper #: 92797800

He would be faced with deciding whether he must spend all his available resources on goods or services, or whether he must save some of his income so that he would be able to finance some of his needs of his future. When he is taken as a labor resource, he must make the decision whether he must use his time in working for his pay, or whether he must spend it on sleeping and other leisure time activities. ("Decision making using marginal analysis," n. d.)

Similarly, when he is a labor resource, he must decide how much of his time he must spend on education, so that he may be able to maximize his life earnings. On the other hand, if he were an entrepreneur, then he must make the decision on how many people he must hire, or how much he must spend on acquiring a new product…… [Read More]

References

Evans, Edward. (2005) "Marginal analysis, an economic procedure for selecting alternative technologies/practices." University of Florida, Institute of Food and Agricultural Sciences. Retrieved 15 December, 2007 at http://edis.ifas.ufl.edu/FE565

Johnson, Paul. M. (2005) "Marginal Analysis: A glossary of political economic terms" Retrieved 15 December, 2007 at  http://www.auburn.edu/~johnspm/gloss/marginal_analysis 

McConnell, Campbell R; Brue, Stanley L. (2005) "Economics, principles, problems and policies" McGraw-Hill Professional.

McEachern, William a. (2006) "Macroeconomics, a contemporary introduction" Thomson
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Economics Simply Relates to the

Words: 565 Length: 2 Pages Document Type: Term Paper Paper #: 76167885

The need for the preservation of these resources is because of the fact that it is finite or limited. Abused utilization of these resources will deplete it and will eventually endanger the future inhabitants of the earth, leaving them nothing for the production of their own needs. Without the resources, there will be nothing to work on in the first place. Achievement of economic stability is the first step in order to achieve the other social goals. Since there are resources, there can be economic efficiency whereby goods can be produced at a lowest possible cost because of the availability of resources. Economic freedom or the right of a man to engage in voluntary economic activities, economic equity or justice particularly in terms of taxation and welfare economics, and economic security or security in employment can be settled between the government and the people in order to achieve them. All…… [Read More]

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Economic Miracle Japan 1946-1973 Japan

Words: 2610 Length: 8 Pages Document Type: Term Paper Paper #: 3449384

Energy costs increased substantially and the yen's exchange rate was shifted to a floating rate. The eventual recession reduced expectations of future growth and reduced private investment. Economic growth went down from 10% to 3.6% during the period 1974-79 and to 4.4% in the decade of the 80s. ut despite the oil crisis and its consequences, Japan's major export industries stayed competitive through its cost-cutting policy and increasing efficiency. It reduced industrial energy demands and allowed the automobile industry, along with other industries, to improve. y the late 70s, the computer, semiconductor and other technology and information-intensive industries entered a period of rapid growth. During this high-growth era, exports continued to support Japan's robust economic growth in the 70s and in the 80s. However, the problems encountered on account of its growing balance of payments surplus urged for the opening of domestic markets and a stronger focus on domestic demands…… [Read More]

Bibliography

Answers.com. (2007). Shigeru Yoshida. 4 pages. Encyclopedia Britannica: Answers Corporation

Bernier, B. (1980). The Japanese peasantry and economic growth since the land reform of 1946-47. 40 pages. Vol 12 issue 1. Bulletin of Concerned Asian Scholars: Questia Media America, Inc.

Luu, L.T. et al. (1996). Summary report on Japan. Team # 6. Chinman: University of Hawaii..

Retrieved March 14, 2007 at http://www2/hawai.edu/~chiman/file2,htm
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Economics & the Smart Phone

Words: 1380 Length: 5 Pages Document Type: Essay Paper #: 42676189

When unemployment is high, companies may decide to delay the release of their new updated phone as a means to maximize profit. By withholding the release of the phone, not only does demand build but the ability of more consumers to enter into the market to purchase the phone does occur. At this point, the profit maximization curve peaks earlier and is likely to have a prolonged parabola at the top of the curve which is a short-term profit maximization curve.

With a low employment rate, the likelihood of the smart phone market to do very well is limited by the low employment rate and is subject to constraints when considering the smart phone market and the consumer's ability to pay.

Supply & Demand

Law of demand and substitutes how the demand of these phones are very high. Which again ties back to scarcity but how substitutes are so readily…… [Read More]

References

The Economist. Science and technology. Babbage Mobile phones. Good night phone. May 30th 2011, 19:33 by G.F. | SEATTLE
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Economics While the U S Is Only Showing

Words: 1874 Length: 5 Pages Document Type: Essay Paper #: 90964717

Economics

hile the U.S. is only showing the first signs of recovery from the global economic crisis, other nations such as Australia and China have recovered much more quickly. There are a number of factors that have contributed to the disparity in economic performance in the past three years in these different nations. In particular, three factors will be considered. The first is the situation in each country at the outset of the crisis. As the crisis was largely precipitated by a credit crunch, the differences between the structure and regulation of the banking sectors in each country will be given particular attention. The second factor will be the response on the part of each federal government to the crisis. The third factor will be the nature of the different economies -- the degree to which different structures have impacted the recovery process. Lastly, policy implications will be drawn for…… [Read More]

Works Cited:

BEA. (2011). National income and product accounts table. Bureau of Economic Analysis. Retrieved March 4, 2011 from  http://www.bea.gov/national/nipaweb/TableView.asp?SelectedTable=1&ViewSeries=NO&Java=no&Request3Place=N&3Place=N&FromView=YES&Freq=Year&FirstYear=2007&LastYear=2010&3Place=N&Update=Update&JavaBox=no#Mid 

Chinability.com. (2010). GDP growth in China 1952-2009. Chinability.com. Retrieved March 4, 2011 from http://www.chinability.com/GDP.htm

Jones, F. (2011). Krugman: Stimulus didn't fail because it never happened. Moneynews.com. Retrieved March 4, 2011 from  http://www.moneynews.com/StreetTalk/paul-Krugman-Stimulus-Didnt/2011/02/16/id/386333 

Maiden, M. (2009). Australia's banking sector is as strong as a brick outhouse. The Age. Retrieved March 4, 2011 from  http://www.theage.com.au/business/australias-banking-sector-is-as-strong-as-a-brick-outhouse-20090506-avdj.html
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Economics Course Economics Impacts on Many Areas

Words: 1131 Length: 3 Pages Document Type: Essay Paper #: 86387567

Economics Course

Economics impacts on many areas of life subsequently it will impact on many areas of professional life. eflecting on the lessons learned, including the knowledge and skills gained, the real value is in the way that economics concepts can be applied to the real world; not only to explain event that are seen in the macro-environment, but to guide the way personal decisions will be made with that knowledge.

The first indicator of the lessons and concepts taught in the class being absorbed and developing into transferable knowledge has emerged with an increased understanding of the way that the economy operates and the influences which are present in the economy that are driving up prices.

There are many examples of the economic concepts; one example is the way that supply and demand has impacted on oil prices which has had a knock on effect in the economy as…… [Read More]

References

Baye Michael, (2007), Managerial Economics and Business Strategy, McGraw-Hill/Irwin

Greimel, Hans, (2012. April 30), Toyota wants high-volume U.S. Prius output by '15; Hunt is on for N.A. hybrid parts suppliers, Automotive News, p4

Nellis JG, Parker D, (2006), Principles of the Business Economics, London, Prentice Hall.

Scholes, Louise; Siegel Donald S; Wilson, Nick; Wright, Mike, (2012, Feb), Private equity portfolio company performance during the global recession, Journal of Corporate Finance, 18(1), 193.
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Economics of International Trade China Exploring the

Words: 1318 Length: 4 Pages Document Type: Essay Paper #: 34964020

Economics of International Trade China

Exploring the Economics of International Trade: China

"Chinese international trade has experienced rapid expansion together with its dramatic economic growth which has made the country to target the world as its market," and its expansion has only continued to show powerful growth within the international economic marketplace (Sun & Heshmati, 2010, p 1). After China was reopened to trading with the West in 1978, the country has really took off in becoming one of the world's biggest producers and exporters of a plethora of different goods. China has grown tremendously as nations like the United States have become their biggest trading partners. In response, China has helped refuel this growth with the manipulation of their currency and their heavy investment in the U.S. dollar, which ensures them a more competitive position for their exports.

For generations, China had closed itself off to trading and interacting…… [Read More]

References

American Manufacturing. (2012). China and currency manipulation. Issues. Web. Retrieved September 4, 2012 from  http://americanmanufacturing.org/category/issues/china/china-and-currency-manipulation 

Barboza, David. (2012). Business and economy in China. New York Times. Web. Retrieved September 4, 2012 from  http://topics.nytimes.com/topics/news/international/countriesandterritories/china/business_and_economy/index.html 

Congress Quarterly. (1999). The consumer culture. CQ Researcher, 9(44), 1001-1016.

Manzay, Terrance. (2010). China export industry dominates worldwide. Article Snatch. Web. Reprieved September 4, 2012 from http://www.articlesnatch.com/Article/China-Export-Industry-Dominates-Worldwide/3853472#.UEZqYKNIuHY
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Economics UK Economy an Analysis of the

Words: 1009 Length: 4 Pages Document Type: Essay Paper #: 7591785

Economics

UK Economy

An analysis of the latest figures for key economic indicators and the factors which have affected these indicators. This should include the figures for unemployment, inflation and economic growth.

Unemployment

The unemployment rate is a very important indicator of the overall health of the economy. Currently the unemployment rate is at 7.8% (Office for National Statistics, 2012). However, this figure does not affect the population equally. Different segments of the population have different employment rates. Furthermore, the unemployment rate does not include people that are not actively seeking employment. In the chart these people are considered to be "inactive." Another interesting item listed in the report is that the unemployment rate for the youth demographic was falling due to a record number of 16 to 24-year-olds being enrolled in some type of educational program.

Employment in the UK has suffered from recession. In 2008 there was a…… [Read More]

Works Cited

Financial Times, 2013. Question 3: Fiscal Policy. [Online]

Available at:  http://www.ft.com/cms/s/0/1115c770-545a-11e2-9d25-00144feab49a.html#axzz2IAShLpER 

[Accessed 1 January 2013].

Kirka, D., 2011. UK recession fears grow as manufacturing drops. [Online]
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Economic Indicators Are Used to Measure the

Words: 1305 Length: 4 Pages Document Type: Term Paper Paper #: 43863270

Economic indicators are used to measure the financial health of the economy. There are many methods and tools for measuring the economy and every economist has his favorite method. The health of the economy is measured by tracking certain indicators. Different economists use these indicators in various combinations. Some economists place more or less weight on different ones in making their predictions about which direction the economy will go. It is important to note the differences in measurement when assessing the opinions of popular economists of today.

This paper will be primarily concerned with the indicators, which would indicate whether we are currently in an inflationary economy or a deflationary economy. A recession occurs when real GDP declines for two successive quarters. However, the National Bureau of Economic Research (NBER) officially defines a recession as a "significant decline in activity spread across the economy, lasting more than a few months."…… [Read More]

Works Cited

Canto, Victor A. Crisis Revisited. Bizjpirnals.com. 2002.  http://sanjose.bizjournals.com/sanjose/stories/2002/03/04/daily12.html . Accessed April

Clifford, Stephanie. How to keep tabs on the United States economic health.

Cheat Sheet: A Civilian's Guide to the Economy. 2002 Business 2.0 Media Inc. August 2001 Issue. http://www.business2.com/articles/mag/0,1640,16701|5,FF.html. Accessed Hester, William. Focus on Fed Funds. Bloomberg.com. October 1999.  http://www.bloomberg.com/personal/archives/mw_A9910_econ.html . Accessed April 22,

Morrison, Joanne UPDATE 1-U.S. fourth-quarter GDP growth revised higher. Reuters News
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Economic Environment Analysis for a

Words: 1206 Length: 3 Pages Document Type: Essay Paper #: 81055331

00). This is below the EU, where they have a rating of 42 or a PPP of $32,500.00. (Czech epublic 2010) 1 When you compare the two numbers, the purchasing power is lower in the Czech epublic in comparison with the EU. This means, that labor costs are much lower in relation to the rest of Europe. When you put this together with the increases in the GDP over the last two quarters and the fact that the banking sector, was undamaged from the financial crisis; means the Czech epublic has outstanding opportunities for addressing the needs of the company. As the country's costs, the business friendly atmosphere and prudent practices of government policies are creating the ideal environment for a European call center to flourish.

isks

Despite the obvious advantages, there are risks of relocating to the Czech epublic the most notable would include: the underlying cost structure. While…… [Read More]

Reference List

1. Czech Republic, 2010, CIA World Factbooks. Available from
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Economic News Story Streitfeld David

Words: 580 Length: 2 Pages Document Type: Term Paper Paper #: 9795855

However, Bernanke remains unwilling to use his power to lift economic growth and reduce unemployment. One reason for not wanting to take active steps to speeding up the U.S. economic growth is a worry that the financial markets are fragile. So, it seems that the Federal Reserve are simply willing to accept high unemployment rates for years to come, instead of risking a perhaps worse situation of market panic, a rise in long-term interest rates, and even higher unemployment.

) Mulligan, Casey B. "Don't Fear Inflation, if it Comes," 2 June 2010. http://economix.blogs.nytimes.com/2010/06/2/dont-blame-the-next-inflation-on-politicians/?ref=economy

Inflation occurs when the demand for goods increases more than the demand for dollars and other related assets. Economists have no doubt that the significant deflation that occurred in the U.S. In 2008-2009 was the result of a "flight to quality," as opposed to a sudden reduction in the demand for goods and increase in demand for…… [Read More]

3) Mulligan, Casey B. "Don't Fear Inflation, if it Comes," 23 June 2010.  http://economix.blogs.nytimes.com/2010/06/23/dont-blame-the-next-inflation-on-politicians/?ref=economy 

Inflation occurs when the demand for goods increases more than the demand for dollars and other related assets. Economists have no doubt that the significant deflation that occurred in the U.S. In 2008-2009 was the result of a "flight to quality," as opposed to a sudden reduction in the demand for goods and increase in demand for dollars. However, economists agree that inflation will occur in the future if the demand suddenly shifts in the opposite direction. but, that is where the current debate lies. Some economists say that investors over the next years will continue to demand dollars, so future deflation is more likely. On the other hand, some economists predict that the government budget is unable to be sustained as is, given the multitude of promised public spending and a lack of desire or power to raise taxes. Overall, one can conclude that inflation has the potential to be a positive thing to hope for, seeing that it might be able to help alleviate some of the damage done by the housing market to wider areas of the economy (raising prices of homes and other articles).

4) Hook, Janet. "Big issues remain in financial
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Economics and the Environment Although

Words: 1394 Length: 4 Pages Document Type: Research Proposal Paper #: 20153535



Meanwhile, Dwight R. Lee (writing in The Independent Review, 2001) points to a situation where a powerful environmental group (Audubon Society) has cooperated with an energy company and both have profited. Free market environmentalism has shown the way for profits and preservation at the same time in this case. The Audubon Society (AS) owns the 26,000-acre Rainey Sanctuary in the swamps of Louisiana, and while the group is opposed to oil drilling and gas drilling in 99 out of 100 cases, the AS has "been willing to accommodate the interests of those whose priorities are different" (Lee, p. 219). Those interests include allowing thirty-seven wells to be exploited for oil and gas in the Rainey Sanctuary.

According to Lee, the AS has received royalties of more than $25 million from those 37 wells, and in the meantime the technology used in the oil and gas development has prevented any spills…… [Read More]

Works Cited

Anderson, Terry L., and Leal, Donald R. Free Market Environmentalism. New York: Palgrave

Macmillan, 2001.

Lee, Dwight R. "To Drill or Not to Drill: Let the Environmentalists Decide." The Independent

Review, VI.2 (2001): 217-226.
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Economics in the Real World

Words: 1077 Length: 4 Pages Document Type: Research Proposal Paper #: 51454079

Two alternative solutions are available. The first sees that the U.S. federal authority uses the budget allocated to support the development of the national industries, without raising barriers to imports. The second possible solution is for the United States to strive to increase its exports by focusing more on international operations.

Criteria / goals

The evaluation criteria for the proposed solutions revolve around the benefits they generate, as well as the costs they imply. Otherwise put, the decision will be made in accordance with the arguments in favour and against each of the two alternatives, and by the solution's ability to meet the established goals. These goals include the insurance of economic stability within the United States (for all population, corporations and the entire system), the maintenance or even development of international relations, as well as the sustained development of the domestic industries.

Evaluation of alternatives

Alternative 1:

Pro: does…… [Read More]

References

January 29, 2009, Buying American, the Economist, last accessed on February 5, 2009

Steps in the P.A.C.E.D. Model, the Gus a. Stavros Center for Free Enterprise and Economic Education

http://stavros.coedu.usf.edu/EconomicLiteracy/sld019.html. Ast accessed on February 5, 2009
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Economic Impact of Katrina Impact

Words: 6883 Length: 20 Pages Document Type: Term Paper Paper #: 70792841

This is a pattern that is relatively consistent over a long time period (Clayton & Spletzer, 2006). The only difference in 2005 was that unemployment claims did not rise in the fourth quarter with the drop in jobs, as they had done in the past.

It is difficult to draw definitive conclusions as to where these employees went in the fourth quarter of 2005. To do so would be filled with generalizations that do not account for all of the factors involved. However, it can be surmised that in the fourth quarter of 2005, workers in New Orleans went elsewhere and were dispersed into other economies. Statewide numbers do not support a change that is significantly different from other years. Therefore, it does nor= appear that this diaspora had an impact on a state or national level. The only reasonable explanation is that unlike other years, where workers filed unemployment…… [Read More]

References

Arnall, D. Two Years Later: Katrina's Economic Impact. August 28, 2007. ABC News. Money. Retrieved May 19, 2008 at  http://www.abcnews.go.com/Business/story?id=3529341&page=1 

Bureau of Labor Statistics. (2006) Hurricane Information. Katrina and Rita. U.S. Department of Labor. Monthly Labor Review (August, 2006),

Clayton, R., & Spletzer, J. (2006). Worker Mobility before and after Hurricane Katrina. Monthly Labor Review. 129 (8), 14-21. Retrieved may 19, 2008 at  http://www.bls.gov/opub/mlr/2006/08/art2full.pdf .

Colgan, C. & Adkins, J. (2006). Hurricane damage to the ocean economy in the U.S. gulf region in 2005. Monthly Labor Review Online. 129 (8). Retrieved May 18, 2008 at  http://www.bls.gov/opub/mlr/2006/08/art7abs.htm
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Economic Crash Can Be Viewed From a

Words: 1487 Length: 5 Pages Document Type: Essay Paper #: 62861911

Economic crash can be viewed from a number of perspectives ranging from causes and effects to the 2008 Crash's resemblance to the Crash of 1929, which began the Great Depression. This paper will consider the 2008 recession from the standpoint of the financial banking industry, which, according to economic journalists like Matt Taibbi (2010), played a major and significant role in the crumbling of the nation's economy -- just like it did in the Lawless Decade also known as the oaring Twenties.

Big Banking Meets Big Government

What has now become known as the Era of De-egulation actually had its beginnings in the 80s decade known just as much for its rampant excess as the early 20s were known for their unbridled lawlessness. Yet, while the latter enjoyed the snubs-to-the-law bootlegging speakeasies, the former enjoyed the merging of the financial sector with the political -- which began during eagan's tenure…… [Read More]

Reference List

AP/HuffPost. (2011). Charles Ferguson's Oscar Speech Rips Wall Street: 'Inside Job'

Director Levels Criticism During Acceptance. HuffPost Business. Retrieved from  http://www.huffingtonpost.com/2011/02/28/charles-ferguson-oscar-speech-inside-job_n_828963.html 

Sann, P. (n.d.). The Lawless Decade: A Pictorial History of the Roaring Twenties.

Retrieved from  http://lawlessdecade.net/
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Economic Advisor to a Less-Developed

Words: 982 Length: 3 Pages Document Type: Essay Paper #: 26426474

The nation will enforce law and order to protect its public property, regulate monetary frameworks and correct market failures. The government will be responsible for protecting private life of its citizens and property (Grant & Vidler, 2000).

Market and Competition Forces: the country's economy should be designed in such a way that it will promote competition. This is because competition means a fair deal in obtaining results. The government should increase sellers and buyers in the market because this would promote competition thus increasing the quality and efficiency. With competition, the country will be able to control and manage different functions of its economy (Grant & Vidler, 2000). Demand and supply are the prime market forces determining the production of a country produces and the suitable ways to do so.

Market equilibrium, price and output, are determined by market forces. Therefore, I would recommend that any least developed nation to…… [Read More]

References

Bahl, Roy, W. (2008). Land taxes vs. property taxes in developing countries. Cambridge,

MA: Lincoln Institute of Land Policy.

Grant, S. & Vidler, C. (2000). Economics in Context. New York: Heinemann.

Hyman, D.N. (2011). Public finance: A contemporary application of theory to policy (10th ed.).
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Economic Situation Looking at the Economy From

Words: 908 Length: 2 Pages Document Type: Term Paper Paper #: 27289151

Economic Situation

Looking at the economy from a macroeconomic viewpoint means looking at a more broad approach to individual economic factors, weighing those factors, and making a determination as to whether the economy is stable and improving for the populace. Sustainable growth is one of the goals of economic development, and while there are peaks and valleys, the overall level and growth filters down to many factors. A booming economy, for instance, will create money and produce goods and services while affecting GDP, unemployment, inflation, interest rates, and prices. Policy can change these factors, increase or decrease confidence and spending, and the movement of money. However, in the 21st century, economic health is tied not only to countries, but to global issues of import and export, health of other economies, and the combination of factors that has become even more complex (Alesenai, 2003).

In the U.S. economy, most scholars see…… [Read More]

REFERENCES

Credit Ratings: How Fitch, Moody's and S&P Rate. (2012). The U.K. Guardian. Retrieved from:  http://www.guardian.co.uk/news/datablog/2010/apr/30/credit-ratings-country-fitch-moodys-standard 

Economy at a Glance -- The United States. (2013). U.S. Department of Labor Bureau of Labor Statistics. Retrieved from:  http://www.bls.gov/eag/eag.us.htm 

Jobless Claims Fall More than Expected. (February 14, 2013). The New York Times. Retrieved from:  http://www.nytimes.com/2013/02/15/business/economy/jobless-claims-in-us-fall-more-than-expected.html?ref=economy&_r=0 

National Economic Trends. (January 30, 2013). The Federal Reserve (St. Louis). Retrieved from:  http://research.stlouisfed.org/publications/net/page24.pdf
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Economic Value Added EVA Accounting Practice

Words: 1266 Length: 4 Pages Document Type: Term Paper Paper #: 85047464

Economic Value Added (EVA) Accounting Practice

Although Economic Value Added (EVA) is not a new concept in economics and financial theory and is based on the 19th century concept of "economic profit," it has only been widely adopted recently by business firms as an accounting practice. In this paper we shall describe what EVA is, and look at its pros and cons from the point-of-view of the company adopting the practice and the investors. We shall also discuss how EVA differs from some other emerging accounting practices and the major issues relating to EVA as compared to other commonly used accounting principles. Finally, the possible problems and opportunities that a company adopting EVA principles can face shall be examined.

What is Economic Value Added (EVA)?

Economic Value Added (EVA) is the after-tax cash flow generated by a business minus the cost of the capital it has invested to generate that…… [Read More]

References

Keen, Peter. (1999). "Economic Value Added.(EVA)" Every Manager's Guide to Business Processes. Retrieved on April 20, 2003 at  http://www.peterkeen.com/emgbp007.htm  kel inen, Esa. (1998). "Economic Value Added as a Management Tool." Retrieved on April 20, 2003 at  http://www.evanomics.com/ 

Shand, Dawne. (October 30, 2000). "Economic Value Added." COMPUTERWORLD. Retrieved on April 20, 2003 at  http://www.computerworld.com/managementtopics/management/itspending/story/0,10801,53001,00.html 

Stewart, Bennet (1999) "What is EVA?" Stern Stewart & Co. Web site. Retrieved on April 20, 2003 at  http://www.sternstewart.com/evaabout/whatis.php 

This cost reflects both the time value of money and compensation for risk -- the more risk associated with a firm, the greater the firm's cost of capital.