Macro & Microeconomics Essays

Another most common issue that has emerged in relation to the organization of manufacturing strategies is the essence of research and innovation; this is an incidence that has been witnessed by almost all global manufacturing companies. Experts have asserted that it has been influenced by competition among these countries, thus creating a need for new modes of operations in order to improve the competitive advantages of these companies.

The paper "The Relationship between the Authoritarian Government and the Economy in Cuba" is a good example of an essay on macro and microeconomics. Cuba is a strong state and a regime of authoritarian political influence. Cuba’s authoritarian political structure was set out in the late 1970s through the adoption of new rules in order to enhance a strong legal system.

For instance, in Egypt, the government has spent a lot of money on security leading to the bankruptcy of its economy. Egypt spends over $2 billion on security, of which the money is the foreign aid that the government gets for the United States. Iran spends 30 billion that it earns from its government from oil sales.

The paper "William Baumol: A Famous Economist" is a wonderful example of an essay on macro and microeconomics. Famous Economist William Baumol is a famous American Economist. He has been teaching at the Princeton University for many years. Baumol is very much committed to his work. In the field of economics, he has made many contributions.

The paper "Student Loans and Its Impact on the Economy" is a perfect example of a macro & microeconomics essay. Education is a vital element of the knowledge-based economy, where wages and working benefits are highly correlated with the level of knowledge and specific skills of the employee. Future career perspectives often become the major motivation of an individual’s choice to go to college.

The paper "Do We Need a Lower Canadian Dollar to Be Competitive in the World Market" is a perfect example of a macro & microeconomics essay. The exchange rate is a key economic variable that dictates world economies. The real exchange rate is defined as the rate at which the goods and services of one country are traded for the goods and services of another country (Mankiw, 2014).

A. Roth is the editor of the article titled “Energy Potential of the Russian Arctic Seas: Choice of Development Strategy” published in the New York Times and reported from Moscow. J. Kanter also contributed in reporting. The article was edited on July 30, 2013. The US and European countries imposed sanctions against Russia for drilling new oil resources.

In the recent past, Mexico has experienced difficult times in its economy, though the future looks more promising after the crisis. Mexico has recently undergone turmoil in its economy because it has faced one of the worst financial crises. However, it managed to recover to the extent that the gross domestic product has gone up by about 4%.

Wallerstein conceptualizes a capitalist economy as a world system that emerged in Europe and facilitated the market economy that has driven endless accumulation of capital and wealth by certain nations (Wallerstein 40). The industrial development in peripheral economies is governed by foreign capital and thus globalization creates postimperial sovereignty.

As such, the students will get an opportunity to conduct research on a broad range of topics based on varied perspectives. In particular, the paper will focus on the main beneficiary when it comes to the privatization of the insurance policies.

The paper "Russian Crisis of the 1998 Year: Monetary and Financial Sector" is an exceptional example of an essay on macro and microeconomics. It is with no doubt that the Russian currency crisis of 1998 can be described as one of the worst crises of all time. A currency crisis is an attack on a country’s currency that can culminate in an involuntary devaluation and a likelihood of debt default.

The reverse is true that reduced taxation is not likely to trigger inward migration from other states on a large scale. Often, the issue is not scrutinized in depth by policymakers. Tax reductions after all result in the withdrawal of most vital public services in the field of health and education creating more harm than benefits.

A balance sheet recession according to Koo is characterized by private corporations choosing to save rather than borrow money and use for investment purposes.  Such a move is economically dangerous since it stops cash flow as the corporate sector does not spend the money generated by households thus causing a reduction in total demand.

The paper "Job Insecurity and the Unemployment Rate" is a great example of an essay on macro and microeconomics. Planning our career is very much crucial for obtaining sound growth and gaining higher income prospects in the future. A career plan will be helping me to contrast various career or learning options. I need to justify each choice in terms of growth and earning rate.

 The Budget’s sheer size demonstrates its impact on the resource’s allocation in the Australian economy. Normally, the information contained in the budget is on matters like its economic implications, the political and social priorities of the government, the provision of services and goods, and details on how these priorities will be achieved (Webb, 2010, p.1).

Despite the economic status of discernible by uncertainty, the people of Senegal have established their role as land encounters and dialogue of cultures. Economic changes have led to the involvement of all the social segments migration, particularly international countries in the North. The youths engaged themselves in solving the existential problems.

According to the World Bank website, the MENA region’s economic destiny of the last 25 years has been shaped by two factors: the economic policies and structures developed by these countries, which emphasize a leading role of the state, and the price of oil. Therefore, to a large extent, this essay highlights the key economic growth determinants.

The paper "Government’s Role in a Market Economy" is an outstanding example of a macro & microeconomics essay. Market economies refer to the commercial activities that are carried out within a country. These commercial entities may involve dealing with foreign countries in terms of imports and exports. Government intervention often depends on the type of economic systems.

The paper "The Extent to Which Tax Avoidance Schemes Are Anti-democratic, and Contribute to Social Inequality" is an outstanding example of a macro & microeconomics essay. In a generic sense, tax avoidance refers to the modification of an individual’s financial situation aimed at lowering the amount of tax owed. The accomplishment of this objective is often through claiming credits and permissible deductions.

The paper  “Global Financial Crisis - Reassessment of Government Intervention in the Economy”  is a breathtaking example of a macro & microeconomics essay. The just ended economic recession is regarded as one of the worst economic crises to be experienced globally after the Great Depression.

The paper  “The Role of Government in a Globalized Economy”  is an outstanding example of a  macro & microeconomics essay. This essay focuses on the roles that national governments have to play in today’s globalized economy. Thereafter we make a comparison of these roles to those that were played by the previous social democratic governments.

The most prior issue should be to sort out the current problem in such a manner so that in the long term the solution would prove more fruitful than the current situation. The public can be provided with a clear explanation for the government’s decisions. With the modern calculation and forecasting techniques such as multiplier and regression, it is hard to miss the long term ill effects of the decisions.

Income inequality is brought about by such factors as disproportionate take-home pay rates, lopsided bequest, and individual preference. Take-home pay rates are disproportionate because of variations in proficiencies.  Bequests are lopsided because there are those who are fortunate to inherit some wealth from their family or friends. 

There are several domains to this inconsistent feature of rationality. The progression of western rationality has to some degree a chief source in the irrationality of the Protestant pursuit for salvation. There is moreover a conflicting association between formal and substantive rationality where substantive concerns of importance are inferior to formal concerns of logic.

Cross price elasticity in particular measures the sensitivity of demand for a commodity with respect to the prices of other commodities. For example, the demand for tea changes as a result of a change in the price of sugar because of tea and sugar complementary goods. The demand for tea also changes as a result of a change in the price of coffee.

The new business venture needs a careful and detailed analysis of the macro-and microenvironment. A new venture, a baby store, will have to take into account internal and external threats and opportunities, customers’ needs, and demands. In this case, SWOT will be used as a thinking framework for identifying Strengths, Weaknesses, Opportunities, and Threats.

China’s GDP structure can be analyzed by probing at the aggregate demand and aggregate supply of the country. Before the productivity growth and market-oriented reforms within the country, the aggregate demand of China is centrally-planned, matching the aggregate supply in the economy which is also planned by the Chinese government.

This theory has wide applications spread across the field of physics, mathematics, and microeconomics (Nien, 2006). Demand refers to the quantum of a product or service desired by the consumers, while supply refers to the quantum of the product or service that the market can offer (Investopedia, 2008). There are two theories allied with supply and demand.

Changes in the international capital markets and deregulation of the 1980s in the US opened new possibilities for raising capital, investing, and hedging risk. The US has a highly developed financial sector. Historically, the US was viewed as a commodity-based economy but has become a services-based economy during the past decade.  

Western nations opted to cut sharply interest rates (Hammes & Douglas, p. 501-509). They viewed inflation only as a secondary concern. To some extent, this measure resulted in stagflation which lengthened and deepened the unfavorable effects of the crisis. To date, suspicion hangs in the air in the public domain.

Internal migration of the rural-urban movement is an essential and inevitable change in the spatial distribution of the population in a given country over a period of time. Changes in the spatial distribution of population and migration are influenced by the features related to the economic development process. 

Globalization is the process through which production, trade, and many aspects of life have continued to be standardized across the world. The recent wave of globalization has led to the expansion of foreign industries in third-world countries. Global capitalism is the situation in which industries are engaging in private investments worldwide.

Associated with globalization, the information revolution and modern scientific and technological revolution, have made the world closer and more integrated and interconnected. This facilitated the acceleration of the movement of people and products, capital, information, and services, and contributed to the transmission of beliefs and cultures.

There have been many movements throughout human history that have impacted the economy. In the middle ages, the European settlers moved across the world to find new lands and natural resources to exploit.  Back in the 19th century, the industrial revolution changed the way society produced the goods people used in their homes.

URV was converted into an actual currency, the real, in July 1994. The policy according to Franco was relevant for what was happening in Argentina then. There was a dramatic drop in price rates from July 1994 onwards. The hyperinflation was over in 1997 when they reached the standard international levels. 

However, only very little research has been done on the role played by these two on Multinational Enterprises (MNEs).In this context, this essay critically evaluates the role played by the global regulatory regime and global governance on the location and impact of MNEs.

Saudi Arabia has made strategic alliances with various foreign corporations in the field of oil and gas exploration and refineries. It has also forged a strategic business partnership in the various upcoming projects comprising of infrastructure development, education, healthcare, consumer durables, telecommunication, electronics, etc.

During the 2010 Christmas season, the majors' newspapers completely ignored the crash of the Dubai market (considered by many as an economic marvel) and decided to focus only on the leading economic powers of the world that showed economic growth for the first time after the 2008 fiasco, despite the expert views that warned against being too optimistic about the future.

It is not easy to escape the requirement for personal investment and financial. In this time, world economies have advanced to an extent that the affordability of State support at times of infirmity, unemployment, or old age is being questioned since it is driven in large part by the desire to adjust and adapt to the demographic challenges of unemployment, old age, and other problems.

Economic crises are a common phenomenon that affects economies from time to time. In the recent past, the global economy has experienced an economic crisis, which is believed to the worst after the 1930 Great Depression. The crisis was considered severe due to the macroeconomic problem that resulted. 

Cronyism capitalism deepens the economic woes of the country. Ben Ali favors his cronies, which has made them rich, and which continue to be the economic practices up to now (Erlich). One of the reasons why the economy has not improved, despite the absence of Ben Ali, is the persistence of the same families that control key industries and businesses.

These economic impacts can only be ascertained through evaluation and analysis. Evaluation should take place in order to realize what worked as planned and should be maintained and what did not work well and should be improved. The two principal methods that can be used in the evaluation include consumer/participant surveys and business sector surveys. 

The United Kingdom income tax, has relatively changed over the years. Taxation in the United Kingdom has mainly involved, and revolved, around the issue of paying dues, to a doubtful minimum of two levels, which though different, lie in government.Central government revenues are generated mostly from the National Insurance and income tax. 

Research evidence unmistakably identifies style as a major factor influencing buyer’s behavior especially as part of rapidly changing consumers’ lifestyle. Stylish packaging of products is a very important factor nowadays because a majority of people desire to stand dignified in the present highly competitive world and so they regularly prefer style over substance in their shopping routine. 

This implies that there are two nations, two products or goods, and two factors of production. Both countries are taken to have identical production functions: Factors between the two countries are assumed to be immobile. Mobility occurs only between the sectors. There are unambiguous factor intensities for good i = 1, 2 with no reversals.    

This might explain the reason why Adam Smith is commonly referred to as the father of modern economics. This paper aims at discussing the extent to which Adam Smith describes economic relations between people, businesses, and nations as they actually are within capitalism and to what extent does he describe how they should or ought to be.

The underdeveloped countries, mostly deal with agricultural products where the supply curve is said to be inelastic due to the increase in the supply of agricultural products. The developed countries take advantage of the situation and favor offering better products for exchange, thus the income accumulates in the developed countries.

Give that the US is the second biggest contributor to environmental pollution through greenhouse gasses; it should by all means participate in the EU ETS. This way, there would be stricter regulations against pollutant activities which it is abundantly clear present local and international legislation has failed to contain.

The paper "Market Failure - Externality and Improvement of Houses" is an outstanding example of an essay on macro and microeconomics. Market failures happen when unreservedly-working markets, neglect to convey an effective distribution of assets. The outcome is a misfortune of financial and social welfare.

As compared to other systems of transportation, intermodal transportation integrates various types of services and modes of transportation, so as to improve on the good organization and efficiency of the entire process of distribution (Taylor, 2007). Currently, intermodal transportation has been identified as the cornerstone of trade.