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.
Politicians as the Causes of the Problems in Student Loans in the United States
In this essay Thomas Sowell is taking the position that student loans have many problems that are caused by politicians. Politicians make student loans easy to get for everyone because voters will vote for them and there is a belief that there is a real need for student loans. Politicians believe that we should help those struggling with the loans. One of the points made is that the average student loan for a public college after graduation is only $7,000,…...
MoneySocial IssuesStudent Loans
The Issue of Americans Defaulting on Student Loans
Americans are defaulting on student loans at a record high, while no standards for giving loans are currently enacted. Lawmakers are now speaking out against the no standards policy and exploring setting financial regulations and underwriting standards. Americans are defaulting on student loans at an all-time high, leading to talks about restricting who can borrow money for higher education. For many years there has been no underwriting standards set by the federal government in regards to its student-loan program. Currently,…...
EducationPoliticsStudent Loans
Student Loans: The Bad Decisions in Our College Lives
Student loans are one of the main causes of debt in America, and are very harmful to college students' futures. Did you know that the total estimated loan debt is more than 1 trillion dollars? Getting a student loan is a terrible choice because even after college, it follows you your personal life and makes it much harder, to the point where you will have no choice but to have multiple jobs. Also, even if you have a degree, paying…...
BusinessEducationStudent Loans
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The Regulation of Financial Markets and Interest Rates
Australia's financial system was once divided into banks and non-banks, however this convention has disappeared over time and now many financial intermediaries offer almost all services banks do. However, as banks still control the majority of the financial system, they remain the most important asset to the financial system. One of the two major changes Australia's financial system has undergone through recent decades is the involvement of financial regulation. This important development in the late 1990s aimed to improve the…...
BusinessFinancial MarketsInvestment
Central Counterparties (CCPs) Risk Management for Financial Markets
The utilization of central counterparties (CCPs) for OTC Derivatives brought many important advantages when contrasted with the decision of gross trades or respective payment. To start with, CCPs' risk management was especially dynamic, in view of a few exceptionally modern and actually propelled tools to monitor and oversee crisis (e.g. enrollment, margining and security necessities), including strategies for disaster involvement if there should be an occurrence of the potential failure to pay of one its individuals, which are clearly not…...
BusinessFinancial MarketsInvestment
The Introduction of the Ottoman Empire to International Financial Markets
The introduction of the Ottoman Empire to international financial markets in the second half of the nineteenth century was followed by a rapid expansion in their outstanding foreign debt levels, (resulting in eventual default in..) eventually defaulting on the loans in 1881. The solution was to introduce international financial control (IFC) over the finances of the debtor state to compensate the losses of foreign creditors through regular transfer of revenues, largely through the establishment of the Ottoman Public Debt Administration…...
BusinessFinancial MarketsPolitics
Major Financial Markets in the United Arab Emirates
United Arab Emirates is considered as one of the fastest developing region in the world. The globalization has been giving an opportunity for organizations as well as individuals to enter into the Gulf region and gain the financial benefits. The financial markets have been playing a huge rule in impressive growth rates of UAE. In addition to the domestic organizations, most of the international organizations are also listed on stock exchanges of UAE. This small research paper identifies and analyzes…...
BusinessDubaiFinancial Markets
An Evaluation of Financial Markets in Naked Economics
What the financial markets of today is really a more efficient, sophisticated way of making individuals better off since the dawn of capitalism—raising capital, storing it, protecting it, and using it to make profit. Financial markets have innovations like the advent of computer that dramatically increases the frequency of trade, but the basic principles are the same. Harvard's endowment is the perfect example—instead of hoarding its money, it can invest it and make more money. While investment is risky, insurance…...
BusinessFinancial MarketsInsurance
Fighting Inequality: Ideas Proposed by Bernie Sanders, Carly Fiorina and Donald Trump
For this final project, I have chosen to analyze the platform and political history of presidential candidates Democrat Bernie Sanders, Republican Carly Fiorina and Republican Donald Trump. I have examined their records on inequality, how they deal with they have dealt with issue of inequality in the past, how they address it now and ultimately proclaim who I feel has the best plan to combat inequality and which plan will be most effective. To begin, I examined each candidate's position…...
Bernie SandersEmploymentPolitics
The Rise and Accomplishments of the Song Dynasty in China
During the Song Dynasty (960-1279), China boasted the largest cities in the world; Hangzhou, Nanjing, and Beijing. At least five cities had populations of over a million people, and about 50 other cities contained roughly 100,000 residents each. This was at a time when major cities in Western Europe and Asia had decreased greatly in population: Rome fell to 35,000 and Baghdad to 125,000. China's urban residents largely enjoyed a higher standard of living. Song China represented the peak of…...
EconomicsHistory Of ChinaTrade
The Influence of the Fifteenth and Nineteenth Amendment on Voter Turnout in the United States
Both the fifteenth and nineteenth amendment influenced voter turnout by altering the Constitution to influence the amount of suffragists at the poll. The fifteenth amendment increased the electorate body by giving African-American men the right to vote(”Fifteenth Amendment"). In the years after the fifteenth amendment was passed, voter turnout noticeably increased African-American participation in the polls("Fifteenth Amendment to the United States Constitution"). More African-American voters meant more overall ballots cast on Election Day. Voter turnout did not only significantly increase…...
AccountabilityPoliticsVoter TurnoutVoting
A Look at the Society’s Mindless Assumptions in Nikki Rosa by Nikki Giovanni and Richard Cory by Edwin Arlington Robinson
Nikki Giovanniis " Nikki Rosa " and Edwin Arlington Robinsonis " Richard Cory " both reveal that monetary wealth does not bring forth happiness. Each poem embodies unexpected conclusions which lead the reader to realize that the true lives of the speaker are misconceived by societyts narrow-minded use of assumption and face values. Richard Cory, awealthy and unhappy man, and Nikki Rosa, a poor yet happy child, are both lodged by their wealth or lack of wealth, praying that one…...
ChildNikki GiovanniWealth
The Social Experiment in Nickel and Dimed, a Book by Barbara Ehrenreich
The book Nickel and Dimed was created by a journalist who wanted to make her own news. Barbara Ehrenreich, a social change writer with a Ph.D. in Biology, did this by putting herself in shoes many people don't want to be in. In her book, Ehrenreich reflects in her social experiment of stripping away her comfortable life style and survive as a low-wage working class citizen. She would work various low-wage jobs and live off those paychecks. Her paychecks would…...
EmploymentNickel And DimedSocial Issues
An Overview of the Sociological Theories in “Nickel and Dimed”
All Sociological theories can be discussed through Barbara Ehrenreich's Nickel and Dimed and much can be demonstrated. The length of this paper will have brief overviews of Nickel and Dimed while going over sociological concepts presented by sociologist such as Marx, Weber, and Wright. The author's opinion, while present in writing, will be compared to Ehrenreich's experiences as well. Barbara Ehrenreich is a journalist who focuses on socio- political issues and holds a Ph.D. in Biology. The novel Nickel and…...
EmploymentNickel And DimedSocial Issues
The Lives of the Working in “Nickel and Dimed”
In the year of 1776, with a total population of roughly 2.5 million people, the United States of America was founded on the moral premise that, "by working hard, you would have a good life." And yet 237 years later, with a staggering population of roughly 314 million people, does that premise still hold true? This highly debated question was answered in the novel Nickel and Dimed: On (Not) Getting By in America by Barbara Ehrenreich. Here, she explores the…...
EmploymentNickel And DimedSocial Issues
A Comparison Between “Grapes of Wrath” and “Nickel and Dimed”
After World War II, compensation has increased while discrimination, members of unions, and workers with benefits decreased. Themes of rich versus poor and corporate greed from Grapes of Wrath by John Steinbeck and Nickel and Dimed by Barbara Ehrenreich portray the low wage working class during the Great Depression and in 2001, respectively. Minimum wage jobs and its compensation, discriminations, unions, and benefits have all changed, drastically or slight, throughout the years since the Great Depression. The Great Depression of…...
Minimum WageNickel And DimedUnemployment
Summary of Nickel and Dimed by Barbara Ehrenreich
In the book, Nickel and Dimed: On (Not) Getting By in America, the author Barbara Ehrenreich investigates the impact the 1996 welfare reform act had on the working poor in America from the perspective of an undercover journalist. On August 22, 1996 then President Bill Clinton signed "The Personal Responsibility and Work Opportunity Reconciliation Act of 1996" or the 1996 welfare act which replaced the Aid to Families with Dependent Children (AFDC) program with the Temporary Assistance for Needy Families…...
EmploymentNickel And DimedPoverty
The Role and Importance of the SAP Software System in Supply Chain Management
Work related processes can be a big challenge for business organizations particularly in ensuring the efficiency of the various operations within the company. The previously used methods such as direct recording of data such as the pen and paper method or the excel sheet application have exhibited numerous flaws with respect to efficiency of operations. In this regards, the SAP system will ensure that the company's processes are run in the effective way particularly in ensuring correct handling of the…...
Cost Accounting
An Analysis of the Six Mega-Trends of Today’s Chinese Economy, Balance Sheet Formula and Society in a Book by Woetzel and Towson
I really appreciate authors Woetzel and Towson's attitude of cutting to the chase of the story and not taking too much of the reader's time. Overall, I think the book does a great job of focusing on the six mega-trends of today's Chinese economy and society (internet, urbanization, manufacturing scale, the brainpower behemoth, rising Chinese consumers, and lots of money), and how these trends are big and "drive economic activity on a very large scale". The authors introduce each topic…...
Balance Sheet
A Discussion on Four Different Types of Financial Statements and Balance Sheet
In every case, having financial statements come in handy for every single person whether they know it or not. Financial statements come in all shapes and sizes. Some are extremely long, and some might only consist simple in a matter of small numbers. Financial statements are documents that are used to inform the company, or business, of what decisions could possibly be made for the upcoming future. There are four different types of financial statements that I am going to…...
Balance Sheet
The Brick-and-Mortar Bookstores of Amazon, the Benefits to Bookstores, and Balance Sheet of the Company
Amazon is a company known for its innovative ideas and its successful business decisions. In 2013, Amazon's CEO, Jeff Bezos, first spoke about Amazon Prime Air. This service plans to use drones to deliver lightweight packages to buyers in less than half an hour, assuming the buyers are within a close radius of an order fulfillment center. In November 2015, Amazon opened its first physical bookstore in Seattle, and the company plans to open 300-400 bookstores across the country. This…...
Balance Sheet
An Overview of the Success of Netflix in the Entertainment Industry
In 1997, the DVD mailing company "Netflix" was established in Scotts Valley, California. In 2007, Netflix became a subscription based streaming service of television shows and movies. In the past few years, Netflix has had a significant effect on both the movie and television industries. In previous generations, in order to see a movie, a visit to the movie theaters was required. Later on, there was the introduction of video rental shops such as Blockbuster; Netflix quickly overtook such companies.…...
Balance Sheet
Balance Sheet Counting: An Analysis of Financial Ratios Used by a Financial Analyst
Ratio analysis is a quantitative method of analyzing information recorded in a company's financial statements. The information used for analysis include those on the balance sheet, income statement, and cash flow where the ratio of one item or combination in relation to the other is calculated. The financial analysts aim at evaluating the operation and performance of a company regarding efficiency, liquidity, solvency, and profitability. The calculated ratios are monitored, and trends studied to determine if the ratios are improving…...
Balance Sheet
Understanding Balance Sheet and Its Impact on Businesses
In the present era of escalating globalization, and heightened currency instability, changes in exchange rates have a significant effect on companies' operations and productivity. Exchange rates volatility affects not only multinationals and large co operations but also small and medium sized enterprises as well, taking into account the people working in their dwelling country. While appreciating and controlling exchange rate risk is an issue of apparent meaning, to owners of businesses, investors should as well be familiar with it because…...
Balance Sheet
Donation as a Way to End Hunger All Around the World
There are millions, even billions, of people dying of starvation all around the world, while there are other people living comfortably or even living off of excessive amounts of food. As the cost of living continues to rise, people in these smaller countries continue to suffer. Hunger as been a constant problem for people all over the world that continues to grow more rapidly. Donations have been taken through numerous process such as canned food drives, stew pots, money, and…...
Donation
The Factors Responsible for the Distribution, Size, and Frequency of Charitable Donation
Charity is a practice which enables people to support specific causes, associations, institutions and individuals by making occasional and/or regular charitable donations. In spite of its altruistic and non-profit nature, charity giving is a very large market which has caught the attention of numerous experts who have attempted to determine why people choose to donate and what factors affect the distribution, size and frequency of their donations. (Kolm, S. C. and Ythier, J. M., 2006) Even though corporations and foundations…...
Donation
The Role and Importance of the SAP Software System in Supply Chain Management and Cost Accounting
Work related processes can be a big challenge for business organizations particularly in ensuring the efficiency of the various operations within the company. The previously used methods such as direct recording of data such as the pen and paper method or the excel sheet application have exhibited numerous flaws with respect to efficiency of operations. In this regards, the SAP system will ensure that the company's processes are run in the effective way particularly in ensuring correct handling of the…...
Cost Accounting
An Analysis of the Budgeting Process of Lincoln Hospital
Budgeting at Lincoln Hospital is a continuous process that happens on an annual basis and occurs at nearly every department in the hospital. The budgeting plan process begins with the planning stage that considers the provision of quality medical care, programs and services and then continues with the establishment of individual hospital departments' operating costs such as the approved salary program for staff, fringe benefits, supplies and other operating expenses. The final hospital's budgeting plan is a consolidation of several…...
Cost Accounting
The Cost Accounting Branches of a Nonprofit Firm: A Review
Accountants are the people with the mandate of keeping the financial accounting records. They are responsible for reporting, organizing and analyzing company records under the stipulated set of rules, code of ethics, regulations and accounting procedures: profits preparation and loss statements and monthly closing and cost accounting reports. Accountants also bring together and analyze the available financial data to prepare entries to accounts, such as the general ledger accounts, and file transactions within the business. This helps to establish, maintain,…...
Cost Accounting
A Study of the Cost Principle of Accounting
Cost principle recognizes that transactions are recorded as they occur in the money value at that time. The effect of recording these transactions at historical cost is that in both the revenue statement and the balance sheet there will be a mixture of cost incurred in various periods. Accrual Principle recognizes of an expense for benefit received but not yet paid for, or the recognition of revenue that has been generated but for which cash has not yet been received.…...
Cost Accounting
Information to Prepare Students for Their Future as Finance Professionals
Introduction When it comes to studies related to investments, the field of Finance comes into play. Finance can also be simply called the science behind managing money. Finance is most commonly compounded of Public Finance, Personal Finance and Corporate Finance. Furthermore, Finance departments are omnipresent and an absolute necessity of an organisation with their coverage of dozens of activities such as bookkeeping, providing timely, essential and accurate financial information in forms of altering financial reports in order for firms to…...
Corporate Finance
The Concept and Role of Full-Cost Accounting
Question: Explain the concept of 'full-cost accounting' and the role it plays in Schmidtz's argument. To commence with, in fundamental terms, one could proclaim CBA-otherwise deemed as 'Cost-Benefit Analysis can be accounted as an analytic, systematic tool, manipulated in order to make decision for, perhaps, almost anything. Now, in addition, because many spates and variations of CBA exist, it is quite veracious, there are, of course, some forms of BA no ethicist would defend (Schmidtz, 2001). Among the few, CBA…...
Cost Accounting
An Analysis of the Conflicts That are Relevant to Corporate Finance
In the corporate finance, agency problems are those that refer to the conflicts that exist between the management of the company and their stockholders. These conflicts are relevant to corporate finance since the managers of the company, who are meant to act for the best interest of the shareholders often, fail to do so as expected of them. These managers, who act as agents of the shareholders, are meant to make decisions, which are geared towards maximizing the stockholders' wealth.…...
Corporate Finance
Improving Revenue Recognition Standards
New Revenue Recognition Standards Revenue forms one of the measures widely employed by businesses and investors to gauge the performance of an organization as well as its several prospects. However, guidance on revenue recognition differs in the context of GAAP (Generally accepted principles) and IFRS (International Financial Reporting standards), and it is widely believed that there is a need for improvement to make both of these standards better. The FASB developed new approaches to revenue recognition on the 28 of…...
Revenue Recognition
The Problems Created by Pesticides in Silent Spring, a Book by Rachel Carson
In the book Silent Spring, written by Rachel Carson reminds us of how the effort to control insects in the past has created problems in our ecosystem including animals, plants and human. Rachel Carson explained the effect of pesticides in our environment and how animals, plants food were the victims of mans obsession to control pests without realizing the potential treat that would cause serious problems in the ecosystem. Due to Silent Spring, people began to realize the negative impact…...
Pesticides
The Importance and Dangers of Pesticides and Herbicides
As long as the human race has been cultivating the soil, we have had to deal with other vegetationthat ends up competing with the crops. People have tried many methods to get rid of thesepesky weeds but they always seem to come back. This eventually led to development ofpesticides and herbicides. Herbicides allowed people to kill off the unwanted weeds. Over timethese herbicides became more and more specialized allowing them to only harm certain weeds asneeded such as broad leaf…...
Pesticides
The Effects of Pesticides What Are the Alternatives
America the Beautiful! So why are we destroying it every day with the use of pesticides? It has been proven that pesticides have effects on its surrounding, although made to improve earth's resources, they typically take there negative effect on the environment in time. Pesticides affect more than the environment; they also affect the animals and humans living in the environment. There are alternative, to this major problem but, we as the caretakers of earth must act fast. In the…...
Pesticides
The Adverse Effects of Chemical Pesticides to Human Health
The subject of chemical pesticides is worldwide known because it is something that is being used in plants, crops, and in everyday foods that we eat. It has a huge effect on our health, and can have some serious effects on our immune system. It also is not good for the pollution either. Chemical pesticides have been used to limit the number of pests that damage crops and reduce farm productivity. The four types of pesticides that are common are…...
Pesticides
A Survey on the Health Effects of Pesticides
The following section is dedicated to a survey of the existing literature on the health effects of pesticides. It focuses on agriculture exposure, so potentially harmful substances other than pesticides and different frameworks are out of the scope of this review. The analysis distinguish among three types of studies depending on the people exposed: studies analyzing the potential effects of pesticides on the health of people with direct exposure, (il) studies analyzing health effects of pesticides on members of a…...
Pesticides
A Look at Pesticides, Mining Methods and Oil Sands Versus Tar Sands
Pesticides are substances used for prevention and termination of pests. Pests are all the materials that are unwanted including animals and plants. The use of pesticide has its advantages and disadvantages. Some of the advantages associated with pesticides include productivity of crops. Pesticides eliminate pests which attack crops, leading to lower yields. These pesticides help in curbing the situation which helps crops grow better. The other advantage of pesticide includes its control of disease spreading. These pesticides combat the spread…...
Pesticides
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