Economic

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Does economic theory have practical value

Much of the usefulness of economic theory can be found in its application to our personal economic life. That is to say, lurking behind such concepts as opportunity cost, present…

Economic and Social Council (ECOSOC)

Excessive production and abuse of drugs is ravaging to any country’s people as it leads to poor health, unstable behavior, increased crime and unemployment. Afghanistan is one such country. It…

The weakness of European economic integration

With the trend of globalization in all aspects, economic integration is also becoming more and more popular among the regions. Economic integration refers to trade unification between different states by…

Evaluating Different Economic Policies on Exercise

Using the data and your economic knowledge, evaluate different economic policies that could be used to encourage schoolchildren to undertake more exercise. (25 marks) Exercise is a merit good, which…

Economic equilibrium

Exercise 1.  Microeconomic Issue: “Everyone’s Gasoline Problem”The average price for regular gasoline in Atlanta, GA is $3.572. Compared to this same time last month, the average price in Atlanta has…

Why America Should Not Drill In The Anwr

This controversial issue is not new. For many years, people of America have been more than aware of this as it concerns not just their safety, not just their pride…

Aggregate Economic Behavior of the US Economy

The recent trends in the US economy indicated that it is slowing down (in economic terms, stagnating). The widening trade deficit with China is forcing many companies to transfer a…

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