Economic Terms
Essays

Sigmund Freud's theories of psychoanalysis - in particular, the concept of repression -- have been liberally applied to interpretations of Henry James' novella, the Turn of the Screw.

By 1970, Newark, New Jersey was already a city in decline. The city, which had been built on a diverse industrial base, had been prosperous through the middle of the 20th century. By 1970, however, the city was poor.

Abstract In basic terms, microeconomics and macroeconomics are both branches of economics. While one concerns itself with economic decisions undertaken at the household or individual level, the other explores the functioning of the economy in overall terms. In this discussion, I take into consideration the key differences between these two branches of economics. In so doing, I will give an example of each phenomenon and later highlight decisions made under both the microeconomic and macroeconomic context.

¶ … National character studies were all the rage in the 1940s and 1950s. They arose during World War II, when anthropologists could not travel to their usual research haunts. They were therefore left either studying…

This paper analyzes and compares the views of Jean-Jacques Rousseau and Karl Marx on the role of property in economic and social relations. Both authors saw private property as the source of evil and exploitation in the modern era. But they offered different solutions to address this problem. Marx advocated a revolutionary struggle and wanted to abolish private property altogether, whereas Rousseau defended limited possession of private property but wanted it to be regulated by a state that represents common will.

This paper answers some basic questions about economics. Some of the subjects covered include the health of the US economy, the efficiency (or lack thereof) of monopolies, how to increase consumer spending, and customer discounts. The economic performance of the US today is compared with the performance of the US five years ago.

According to Paul M. Johnson's Glossary of Economic Terms, an economic entity, whether this be an individual, a household, a firm, or a nation has an absolute advantage over another economic actor to produce a…

A challenge commonly encountered by businesses and professional organizations alike is in the motivation of personnel to perform and to succeed. This results in a set of obstacles to organizational performance,…

According to Sen, democracy is associated with the freedom of thought and action and, deriving from this, the freedom of the individual, political freedom, freedom of the press etc.

A half-century after it was written, C. Wright Mills's The Power Elite remains relevant to American society. Mills's analysis of the ways in which powerful people in different sectors of society share economic interests and so share concepts and access to power remains true of the United States now. We can see many of the same dynamics at work in this election year, for while some of the key particulars of American society have changed, the way in which power interests intersect and reinforce each other.