Free essays on economics are academic papers written in the field of economics that are available for free to anyone who needs them. These essays cover a wide range of topics, from macroeconomics to microeconomics, international trade, finance, environmental economics, development economics, and more. They can be a useful resource for students, professionals, and anyone who wants to gain a deeper understanding of economic concepts and theories. Free essays on economics can also provide examples of academic writing and research that can help students develop their own writing and analysis skills.
Microfinance and Economic Development of India
Introduction Microfinance is one of the important components of Economic development of India. As it concentrates on those Poor people who are far away from urban areas where economic activity is concentrated that’s why these people have to wait much longer to get the benefits of economic development, because of the non- development of infrastructure, Roadways, technological development and other components of Economic development. Microfinance reaches to these essential developing sections of the society to make the economic development balanced…...
Economics
Does Employee Engagement Really Matter
In my mind, I have a great deal of important things to talk about, but maybe you don’t think so. I am assuming if you have gotten to this point though you are at least interested in exploring what I have to say a little more. For me, I usually don’t take things at face value, even though I tend to trust people until they prove that I can’t. When it comes to doing new things or launching head over…...
Employment
How to Help Provide Affordable Housing for Low-Income Families
This thesis explores innovative design strategies that help provide affordable housing for low-income families in Maseru. The study aims to introduce innovative ideas in Lesotho architecture to help promote the availability of sustainable and affordable housing to those in need. This research should provide information on environmental and financial solutions that can help reduce housing cost cost cost costs. Thus, the problem definition of this thesis is: To answer this question, the research begins with the investigation of the affordable…...
Affordable Housing
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China: A Quest for Global Dominance
Honor Code I have neither given nor received any assistance on this assignment that has not been disclosed in the document submitted. I have not violated nor observed any violations of the Liberty University Honor Code as it applies to this assignment. Signed: Eric R. Day Abstract To truly understand China’s economic emergence over the last decade, we must first explore China’s vast history. Built on Confucian cultural principles, China has seen a rise in its economic fortunes over the…...
China Economy
United Airlines
Let’s state the obvious, as time has evolved so has the way of life. How we eat, how we dress, how we talk and even transportation. We’ve gone from the invention of the model T ford to electric smart cars, but how do all of these ideas get produced or even thought of? During the years 1926-1934 an aviation pioneer named Walter T Varney embarked two companies called Varney Airlines and Varney speed lines. A question that comes to mind…...
TransportationUnited Nations
Why Taking A Taxi Is Better Than Other Forms Of Transport
Transportation mode keeps evolving, and it keeps getting better. Whichever method you choose depends on your budget, time, and comfort. You can self-drive, take public means, or hail a cab. But why should you opt for an airport taxi instead of the others? Take a look at the reasons below to help make a better choice. Saves You Time and Energy Catching a bus or train requires you to be at a designated place to find one. Stopovers are also…...
Transportation
About Bernie Madoff: Infamous Financial Fraud Manager
Bernie Madoff in his infamous financial fraud managed to influence thousands of investors to give out their savings promising them that they would receive consistent profits in return. One of the major networks that played a major role in Madoff’s scheme is the fact that he had established strong social relations. Social relation is often considered a major condition for building trust among those you are working with. Madoff was therefore a well-respected financier through his multimillion-dollar foundation. He engaged…...
Bernie MadoffEconomic DevelopmentFraud
The Impact Of Goods And Services Tax On Fast Moving Consumer Goods In Bangalore
Abstract Goods and Service Tax (GST) is an indirect tax which is levies on the purchases of goods and services. It levies the tax at each level of production and distribution process until goods delivered to final consumers. Therefore, GST helps to detect tax evasion easily. Despite of benefits, certain drawbacks are occurred due to the introduction of GST. Hence, this study has investigated the impact of tax reforms with reference to GST (Goods and Services Tax) on FMCG consumers.…...
BangaloreTaxTaxation In India
Bernie Madoff’s greed
A Ponzi scheme in its purest form can be defined as a fraudulent scam that promises investors high returns with little risk. (Merriam-Webster,’2018) Ponzi schemes naturally require an endless supply of willing participants investing money for a specific purpose. To encourage the thought of success for investors, they are promised things that are highly unlikely to be acquired. However, with so much falsified information and little truth, it is easy to be manipulated. There is a sequence of law and…...
Bernie Madoff
An Exploration of Lucrative Hoaxes
Throughout the annals of the history of man, there has been a myriad of hoaxes. From practical jokes to Ponzi schemes the art of the bamboozle has proven to be an integral part of human nature. Merriam Webster defines a hoax as 'an act intended to trick or dupe' and 'something accepted or established by fraud or fabrication.' (Merriam Webster Dictionary) The tale of fraud is as old as history itself. As the dawn of commerce brought on the personal…...
Bernie Madoff
Madoff’s Deception
During the early 2000s, Bernie Madoff disguised himself as one of the most reliable and successful stock investors in the industry. For years, Madoff served in high-level positions in business and the stock industry, creating a name for himself. When people had the chance to invest with him, they would often jump on the opportunity because of his good reputation, and the reported returns he would bring his investors. In reality, Madoff would take investors’ money and place it in…...
Bernie Madoff
What Is the Use of Green Buildings
Green buildings influence peoples’ behavior in ways that help bridge the gap between. Not only has the threat of global warming heightened concern for the uncertain state of the natural environment, but the potentially devastating problems of potable water, and the consequences of chemical contamination have made sustainability a priority on the world agenda. People may change their political behavior to support policies that foster a sustainable built environment or even stricter environmental protection. Countries such as Taiwan and Jordan…...
Economics
Analysis and Synthesis of Krispy Kreme Doughnuts
Background Info:Krispy Kreme Doughnuts (KKD), is an American based fast-food chain who’s focuses are pastries and hot coffee. Founded by Vernon Randolph in 1937, KKD began as a small business which provided its signature handcrafted doughnuts prepackaged directly to local grocery stores. The smell of the treats being baked created a demand for hot doughnuts right out the fryer, subsequently giving birth to the Krispy Kreme Hot Glazed doughnut. By the 1950s certain technologies were now accessible to enhance manufacturing…...
Economics
Affordable Housing To Low-income Populations
Correlating with the affordability crisis is deficient supply of affordable housing in low-income urban centers. For the poor, there is a fundamental breakdown in needs versus availability. Low-income resident populations face a shortage of affordable housing, so there is a clear need for increased affordable residential units and supply response strategies to offset artificial housing market price increases through legislation (O’Reagan 2016). Unfortunately, the remaining lands to expand on or revitalize in many of these urban regions tend to prioritize…...
Affordable HousingPoverty
Sustainable Water Asset Management System for Madurai City
Abstract This paper deals with the need to sustain the water resource management for Madurai city. Water is essential for sustaining life and at the same time, it is an important component of almost all developmental activities. Effective strategies must consider not only managing the water conservation, but also managing demand better. Sustainable management of water resources is multidimensional and complex process. The purpose of the water management system is to ensure the water storage from available resources. Due to…...
AgricultureWater ResourcesWater Scarcity
City Revamp: More Affordable Homes!
According to an article from the Huffington Post, The average factory worker in the US makes about $23.32 an hour, making the average yearly salary wage about $48,000 yearly. Introducing an employment market that even offers an hourly salary of just $15.000 an hour would still pull many of the city’s residents out of the poverty level. As shown in the tables above, only a slight few households qualify to be considered middle class, while a majority are in the…...
Affordable HousingEconomic Development
Affordable IZ Housing in SF and DC
Arguments regarding impact of inclusionary zoning programs on housing cost and availability comes with mixed review and lack consistent analysis. Scheutz et al empirical analysis sug¬gests that most of the current literature exaggerates both the benefits and the risks of inclusionary zoning programs dangers of IZ ( 2010). Scheutz et al were able to show that a significant number of affordable housing units in the U.S. have been produced under IZ programs in San Francisco and Washington, D.C. during a…...
Affordable HousingMarket Segmentation
The Community Of Santa Monica And Affordable Housing
In the last ten years, the human race has been experienced the many extreme climate events that had never occurred with that high frequency before. According to the Reuters’ 2018 article named “Last three years hottest on record, severe weather hits 2018: U.N” by Alister Doyle, the author reports, “the past three years were the hottest on record and… The Atlantic hurricanes and monsoon floods in India contributed to making 2017 the costliest year on record for climate events.” Particularly…...
Affordable HousingCalifornia
The Cost and Quality of Housing Affects The Quality of Life in America
If you look at the master plan of most metropolitan cities in America, it is almost guaranteed to be a section that outlines the objectives and plans to address economic development in the city’s urban core as well as a section that addresses the need for affordable housing for all residents. It is estimated that in the United States, there is currently a shortfall of 4.9 million affordable units needed to address our housing crisis (Evans, 2018). While research shows…...
Affordable Housing
The Biggest Expense of Americans
While housing is a basic human need, the expense of housing has a bigger impact on Americans than any other expenses that we come across in our daily lives. In the last century, buying a home has become increasingly expensive in some areas with the rising number of people. Affordable housing has disappeared in most cities and has led to an increase in the homeless population. “Declining affordability has not only crowded out low-and middle-income buyers but also enhanced pressures…...
Affordable Housing
Father of Modern Economics
Adam Smith was a Scottish Economist and Philosopher who is known as the “Father of Modern Economics”. His greatest works include The Theory of Moral Sentiments (1759) and The Wealth of Nations (1776) out of which the latter became his magnum opus and is under discussion today. In Book 3, Chapter 1, “Of the Natural Progress of Opulence”, the liaison between Towns and Country are discussed. According to Smith, Country presents products of raw produce from harvests and dairies while…...
Adam SmithEconomics
The Father of Capitalism: Adam Smith
Father of modern economics and capitalism, Adam Smith was an influential 18th century philosopher who paved the road towards capitalism in his book An Inquiry into the Nature and Causes of the Wealth of Nations, published in 1776. Prior to An Inquiry into the Nature and Causes of the Wealth of Nations, it was believed that a country’s wealth was determined by how much gold and silver was placed in the king’s treasury. This system is referred to as mercantilism.…...
Adam SmithPhilosophers
Smith on Sympathy in Frankenstein
When Adam Smith defines sympathy as a sentiment that is not "confined to virtuous and humane people" that even "the greatest ruffian, the most hardened criminal, has something of it", it makes us further question Frankenstein's and his monster's humanity or lack thereof. If as Smith suggests that moral sentiments are so deeply rooted within us that our immediate subconscious response to other people's misery is compassion then, why did the author of Frankenstein choose to leave the monster misunderstood…...
Adam SmithLiterature
Benefits of Specialization & Adam Smith’s Ideas
In most economies, specialization allows more products to be created in less time than if everyone decided to create everything for themselves. In Nepal, many citizens decide to learn how to do a variety of tasks, in exchange for keeping some of the money they would otherwise have to pay an experienced worker to do for them. Economists have agreed that this system does not work, and that poverty is a result of this behavior, not the cause. In a…...
Adam SmithBooks
Financial Auditing in Firms in United States
We precociously consume the risk we reduce. Just as advanced automotive safety technology makes for worse drivers*, the prevalence of government mandated auditors in the financial system has allowed us as investors to engage in riskier behavior than we would dare do otherwise. After all, apart from the few of us who are formally schooled in finance, who really glances at a 10-K Earnings Statement? Who reads the Fund Flyers? Who really has any idea where the money in the…...
Audit
An Introduction to the Relationship Between Governance and Internal Auditing
This study examines the correlation between corporate governance and internal auditing. The study also examines the value of internal auditing to an organization and if it should be done away with. It is a hypothesis in the study that internal auditing is an independent profession different from external audit. Evidence shows that internal auditing has in the recent past assumed the status of a full-fledged profession that is very distinct from external auditing. Next, we find that auditors charge high…...
Audit
An Overview of Generally Accepted Auditing Standards
April 10, 1996 Generally Accepted Auditing Standards are those guidelines which auditors must adhere to while conducting an audit of a company's or government entity's financial statements. It must also be stated in the audit report that the audit was conducted following Generally Accepted Auditing Standards. This has been required since 1941 after the investigation of a large drug company, McKesson & Robbins, Inc., which had had funds embezzled by its president and his three brothers. Neither the internal controls…...
Audit
The Importance and Need for Auditing in a Business
An audit is the gathering and evaluation of evidence in regards to information used to determine and report on the degree of correspondence between information and any criteria that has been established. Criteria for evaluating information is also dependent on what kind of information is being evaluated; when a CPA firm audits a company, GAAP or IFRS may be used, but when being audited by the IRS the criteria would be the Internal Revenue Code (Arens, Elder, & Beasley, 2014…...
Audit
Adam Smith’s Problems: The Theory of Moral Senses and The Wealth of Nations
Adam Smith was an economist that engraved his name in the 1700s. He is known as the FATHER of Economics. Nobody truly knows when he was born, but we know that he was baptized in 1723. At this point, Benjamin Franklin, George Washington, and Napoleon Bonaparte were all alive. He died in 1790. Throughout the years we knew for sure he was alive, he had heard of the Seven Years' War, The Stamp Act, The Boston Massacre, The Boston Tea…...
Adam SmithEconomics
The Wealth of the Nations
In 1776 a Scotsman named Adam Smith (1723- 1790) published a book called The Wealth of the Nations. The book defended the economic system of capitalism. Key concepts in Smith’s book included stocks, the basic concept of supply and demand, and the force that drove the economy known as the invisible hand. While Adam Smith’s concept of supply and demand is relevant in today’s world, his arguments about the invisible hand and the relationship between wages and stocks have not…...
Adam SmithEconomics
Adam Smith: “A Study of the Nature and Causes of the Wealth of Nations”
Father of modern economics and capitalism, Adam Smith was an influential 18th-century philosopher who paved the road toward capitalism in his book An Inquiry into the Nature and Causes of the Wealth of Nations, published in 1776. Before An Inquiry into the Nature and Causes of the Wealth of Nations, it was believed that a country’s wealth was determined by how much gold and silver was placed in the king’s treasury. This system is referred to as mercantilism. Smith took…...
Adam SmithEconomics
The Impact of Blockchain Technology on the Audit Industry
Abstract This paper explores the impact that blockchain technology has on the auditing industry by analyzing how current audit procedures measure up to the abilities of blockchain. As a result of this technology, this paper further examines the necessary technological advancements and the roles that accountants will play in the future. Top players in the industry such as the Big Four accounting firms and the AICPA were evaluated as to their participation and forecasts in regards to blockchain. Research has…...
Audit
Can Double Entry Principle be Replaced by Blockchain?
A limited amount of academic research that has been conducted on the subject matter rarely mentioned the views to replace the double-entry principle with blockchain. It is pertinent to say that whatever emerges from the blockchain revolution, it is obvious that it played a significant role in the accounting and auditing profession, and could progress faster than expected. Moving accounting from a centuries-old double-entry system to an automated triple-entry system could mean a massive shift for all parties concerned with…...
Audit
Audit History and Modern Standards
Part 1 Internal auditing has been around since pretty much the beginning of time. According to Noorah Al ShamsiShamsi's article titled “A Brief History about Internal Audit Practice”, different reigns of time such as the Zhao dynasty of China and the reign of calif Omer bin Al Khattab established internal and external auditing for use of the cities that were under their command. (Al Shamsi, 2018) Our textbook mention that the beginning of modern internal auditing was implemented by the…...
Audit
Authentication, Authorization, and Auditing
In the information systems authentication, authorization and auditing reflect the main pillars of the information security of the organization. As each of these parameters is very important, it will be described individually as follows, Authentication Authentication is a gateway to recognizing a user’s identity. It is a process associated with an upcoming request having a set of identifying credentials (Killian, 2017). When someone logs into the system, the credentials are compared to those existing in the system and authorized the…...
Audit
All About China Its Culture and Holidays
This was a result of climate differences in the two regions, making it easy to classify the soils into groups. China is the producer of over 95% of the world’s rare earth minerals. China also ranks first in the abundance of minerals like tin and titanium. Coal is in abundance there as well, naturally seating China as a country with very wealthy reserves. China owns more than 15 billion tons of exportable oil reserves, as well. The economy in fishing…...
Economics
Road to Hard Labor
The end of May, 2020 is vastly approaching, where I am going to be closing a big chapter. Shadow Ridge High School has been a key part of my life for the past four years. During this time, I have grown to realize that there are many different paths one pursues after high school. After thinking long and hard over the past year, I have decided to attend Northern Arizona University to study Construction Management. Construction has been something that…...
Economics
Tupac’s Huge Contribution to Rap Culture
When I think about the rap culture and who made a huge impact on a whole generation I think about Tupac. Tupac is an icon for the rap game. Tupac was a songwriter and poet that inspired others. Tupac’s Music The music he wrote were instant hits every time, he started a new flow of west coast rap music with the help of others. He signed with one of the most dangerous record label “death row” in 1995. It didn't…...
1950SLegacyMusicRap Music
Exploring the Earth’s Waters Through Professional SCUBA Diving
While there isn’t a traditional college education required for most jobs in this field, certificate and degree programs in topics related to diving do exist. Degrees in diving sciences and underwater photography are available for those who are interested in specializing in underwater research or underwater photography. SCUBA instructors must take extra courses in addition to the basic diving certification in order to be qualified. They are also obligated to maintain CPR and first aid certification. Although most repair-based diving…...
Economics
Is Globalization Good or Bad?
The real goal of Globalization during the late twentieth century was meant to establish a single market over the entire globe in hopes to improve the living conditions for all people throughout the world. Consumerism and economic nationalism would shift market and marketing power into an equal level of education, shelter, equal justice and poverty. There four main points that globalization was to address, Migration, Education, Trade, and Investments. The government would take a step back in their involvement and…...
Economics
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