Economics

World better off today then fifty years ago

Was the World A Better Place Fifty Years Ago?Life was simpler years ago unemployment was not a issue with a good economy taking place people had good paying jobs allowing…

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Cash Crops of Pakistan

In agronomy, the expansion of GDP (Gross Domestic Product) is highly contingent to the mounting exports of cash crops. Pakistan being an agricultural economy is no exception, where exports of…

Sources of finance

Some sources of finance are short term and must be paid back within a year. Other sources of finance are long term and can be paid back over many years….

Invisible Hand

Introduction The concept of “political economy” was formed and became an interesting subject for many economists to research for long time ago. In many different economic conceptions, political economy has…

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…

Essay on PEST analysis

What factors would you include in a PEST analysis and how might you collect the data necessary to conduct one? A market is composed of individuals or organisations who are…

Short Analysis about Causes of Unemployment

A man willing to work, and unable to find work, is perhaps the saddest sight that fortune’s inequality exhibits under this sun ~Thomas CarlyleThe definition of unemployment as explained in…

Milk tea consumers' preference

The underlying foundation of demand, therefore, is a model of how consumers behave. The individual consumer has a set of preferences and values whose determination are outside the realm of…

Advantages and disadvantages of trade blocs

Disadvantages: 1.Nonmember countries of the trade bloc will be ostracized since trade blocs are created to help only their member countries to reduce trade barriers. 2.Member countries will only look…

Admission Peronal Statement

I would like to major in Economics.  Economics, as a field of study, is a very interesting discipline in that it touches on many other subjects.  The relationship between people…

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