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.
Why Human Resource Is The Most Important Asset
This essay will supply a definition to Human Resource (HR) and find whether HR is the most of import plus in the organisation. The first portion of the essay will discourse the importance of human resource and how is it is indispensable to the success of any organisation. The 2nd portion will place the impacts on the public presentation of an administration. Human Resource (HR) and Human Resource Management (HRM) Oswin (2011) states that human resource is a term used…...
Economics
Hospitality Industry In Hong Kong
Therefore, there are more mainland cuisines traveler came to Hong Kong for business. It benefits to our company as the market are growing to a larger scale. We can gain revenue in accommodating the development of market. However, these issues also attract a lot of foreigner and mainland investors enter to the Hong Kong hospitality market. There are some potential competitors growing up that may be a threat of our company. Consequently, we need to analyze the market more frequently…...
EconomicsHealthHealth CareHospitalHospitality IndustryIndustry
Farming In The Bahamas
There are two (2) main types of farming they are: Subsistence Farming – the practice of self-sufficiency, In the way of the farmer, farming on a small scale, so that It Is enough for their own personal usage. The process of subsistence farming takes place when a piece of land Is cleared using the slash and burn method which Is to cut all greenery on the land down, dry It for a few days or so ,then burn it to…...
AgricultureFarmFarmerFood IndustryNatural Resources
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Swot Analysis Essay
There are many strengths that you could look when viewing a coming and how they would e able to move forward. There are three major strengths in which you should look at in which would include if the company is producing a product with a rather low elasticity of demand. In which would allow the company to be able to make fluctuations to the prices If It would be needed without there being any lost. Also another strength that should…...
Economics
The Subway Paper Bags
The following sample essay on The Subway Paper Bags. There are include, all new and remodeled stores are now using energy efficient lighting saving electricity as well as low flow water faucets saving an estimated 182. 1 million gallons of water annually and today’s the majority of the packaging used in subway restaurant is made with recycled content and 100% can be recycled or composted. Besides, subways are in the process of moving to these packaging specifications globally. Nowadays there…...
Economics
Workplace Observation
The workplace is a subject of many studies because it is characterized by rich diversity, communication practices, conflict management, organizational policies, technology, and so on. The three areas of organizational culture including communication, organizational diversity, and conflict management are challenging aspects in the restaurant business.I own an Italian restaurant named Gabbiano which offers pizza, salads, pasta, and sandwich to our customers. It is located near the ocean; thus, summer is the busiest time for the restaurant. The restaurant also employs…...
CommunicationEmploymentHuman NatureLifeObservationOrganizational Culture
Implementing New Policies
The West Coast City is known for beautiful nature scenery and award-winning urban planning. Unfortunately, same as other urban cities, the City also is experiencing social problems also. Recently public Council approved new implementation of a sustainable and ethical purchasing policy. Sustainable and ethical purchasing considers the health and social impacts of the goods and services being purchased, ethical (e. G. No sweat shop, fair trade), socially responsible (e. G. Human rights, health and safety in workplace) procurement and fostering…...
Economics
Price Sensitive Customers
The Web defines price sensitivity “as the extent to which price is an important criterion in the customer’s decision- making process; thus a price sensitive customer is likely to notice a price rise and switch to a cheaper brand or supplier” (Information retrieved on May 8, 2006 from wps.pearsoned.co.uk/wps/media/objects/1452/1487687/glossary/glossary.html) Miller (2006) defines sensitivity as “the awareness of the consumer to what they perceive to be the window of cost within which they will buy a particular product or service.”Price sensitivity…...
Economics
Traditional Indian Handicrafts
The tradition and culture of a particular place is reflected by its handicrafts items. It carries tales of ancient times of the kings and queens, and tells stories of its heritage. Wooden handicrafts like carved figures, painted figure, chess board, animal figure and other Indian Handicraft Items of wood are designed aesthetically by the skilled craftsman. If you take a closer look at these wooden handicraft items, they represent the spirit of Indian Craftsmanship in true spirits along with style…...
Economics
Difference Between Money And Capital
The total sum of funds represented by the financial markets can be classified under different segments, based on the characteristics of financial claims being traded and the imperatives of different participants. At a broad level, the financial system can be classified under money markets and capital markets. There are quite a few differences between the money and capital markets, but the primary difference is the maturity period of the securities traded in them. Money markets encompass a broad assortment of…...
Banking And Finance
Supervisor Best Practices
The term ‘supervisor’ refers to a person who assigns work to subordinates and oversees their activities and performance. In management the first line managers at operating level are called ‘supervisors’ because it is the primary duty of first line managers to supervise the employees engaged in the basic operations (also called operating workforce) (Ahuja, 2005, p.225). Supervision In management, the term ‘supervision’ means overseeing the subordinates at work by their superiors. It is the function of leading, co-coordinating and directing…...
CommunicationEmploymentHuman Nature
Concept Paper About Poverty Introduction
The term ‘poverty’ has become very common in this world today. In fact, it has been a part of the everyday language of most people. But despite the common use of this word, it concept of essence has not been grasp fully or in totality by the majority. Because of this, they are misled to what really is centered on the concept of poverty. For the many, poverty would be defined as just the absence or lack or material possessions.…...
Economics
Coursework on the Topic of Foreign Exchange Markets
The following sample essay is a term paper on the topic of foreign exchange markets. Read the introduction, body and conclusion of the essay, scroll down. The term paper I am going to discuss is about the foreign exchange markets : Definition : The foreign exchange market is the organizational framework within which individuals, firms and banks buy and sell foreign currencies or foreign exchange. The exchange rate of a currency in the market depends on economic factors, political conditions…...
Economics
Uk Supermarket Oligopoly
The supermarket industry in the UK could be described as an Oligopoly Market. Based on your research into supermarkets in the UK, discuss whether this market structure creates a situation that is more or less to the benefit of consumers. For many students studying abroad, they will go to supermarkets every week. The Supermarkets in the United Kingdom sell many different kinds of products and it is easy to find a large supermarket everywhere. There are four big and famous…...
Economics
The Toyota Success Story
The story of Japanese car manufacturing company Toyota is one of the enduring successes in the history of manufacturing industry. From a small, obscure entity in 1947, it has now risen to the second spot in terms of global sales. Over the past 30 years, Toyota Motor Corp. has not only been the envy of the automotive industry “but also been held in high esteem as a symbol of manufacturing and leadership excellence in the business world. In fact, the…...
Economics
Second Half Of The 19th Century
The following sample essay is about the second half of the 19th century. Read the introduction, body and conclusion of the essay, scroll down. The second half of the 19th century introduced a new style of enterprise to America, Big Business. The 19th century values of work and of being an independent business man clashed with the modern 20th century values of extreme expansion with large work forces and of earning the most money possible. The rise of the robber…...
Economics
Devaluation of Currency: Reasons and Effects
The following sample essay on "Bolivar Fuerte": the saga of the Venezuelea Bolivar Fuerte QI : why must a countrys currency must be devaluated? What is failing in the economy? First, the reason would be for stimulating the exports of goods more money in the country push the production, economy in general and employment rate and set premises for economic growth. Somewhere between 92 and 94% of export income in Venezuela comes from oil, and the money obtained heavily contribute…...
Economics
Importance Of Positioning
The role of Positioning for a business organization Nowdays, in the business world it is important to know of every aspect that an organization is going to be into. Market positioning is one of the important roles for advertising and promotion and so do in marketing. It is where an organization needs to be aware of, whether they should position themselves in other related perhaps a more challenging market. According to Belch & Belch (2009, p. 56), positioning is defined…...
CommunicationHuman NatureMarketingMicroeconomics
Better Than: Strategic Management
The relative importance of decision making policy in a certain company may well predict the overall capacity of the business to perform well in the market. In line with this aspect, there are corporate philosophies that were created to help in the process of defining a better way to address the need for development and sustainability. The creation of SWOT and STEEP are just some of the basic domains in aiding the strategic planning process in a certain business.The existence…...
Economics
Porter’s Five Forces Energy Industry
The following sample essay is about Porter's Five Forces Energy Industry. Read the introduction, body and conclusion of the essay, scroll down. The refinery of Cesar has a complexity of 12. 5 making it a very complex refinery capable of refining all varieties of crude and producing Euro 5 grade fuels. This is also among the largest single location refinery in the world, thus leveraging on economies of scale. Therefore Cesar oil faces minimal threat from new entrants. Bargaining power…...
Economics
Ritz Carlton Target Market
The Ritz Carlton Hotel Company was founded in 1899 by Cesar Ritz. After a successful first hotel opening in Paris, he decided to make the attempt to open a second hotel in London this time. Taking the acquired experience, Cesar Ritz made the big step to expand to the North American market. Today the Ritz Carlton Company counts 38 hotels and resorts across the globe (Sucher, S. J. & McManus, 2002). Following a growth strategy of increasing the number of…...
Economics
Retailing Includes All Activities Involved In The
The retailing industry is one of the biggest in the United States. Retailing includes “all activities involved in selling products or services directly to final consumers for their personal, non-business use. Many institutions – manufacturers, whole-salers, and retailers – do retailing. But most retailing is done by retailers: businesses whose sales come primarily from retailing”. (Chapter 13, p.367) Companies such as Wal-Mart, which lead the retail industry have now become household names and has become an integral part of our…...
Economics
Why Should We Recycle Essay
The recycling process involves the collection, separation and reprocessing already used materials into new products. The process is so called because the process undergoes a severally the cycle of manufacture; production, use…The recycling process involves the collection, separation and reprocessing already used materials into new products. The process is so called because the process undergoes a severally the cycle of manufacture; production, use. Recycling reduces the likelihood of wasting of useful materials and the process thereof of production as well…...
Economics
Egypt Vs Mesopotamia: Similarities and Differences
The reason is that Egypt , although following Mesopotamia footsteps n some aspects, was in a deferent area, had deferent people, different mindsets, resources. No two colonization are completely alike; they all have their own quirks and unleashes. While Mesopotamia used cuneiform as a form of writing, Egypt used hieroglyphics. Hieroglyphics featured picture symbols standing for words, syllables, or individual sounds, and they were written on papyrus. Mesopotamia carved wedge- shaped symbols into clay tablets this process is called cuneiform.…...
AgricultureAncient EgyptCivilizationCultureMesopotamiaReason
Pacific Grove Spice Company
The Pacific Grove Spice Company is currently searching for a new business venture that will help relieve some of the current financial restraints put on the company by their bank. Pacific Grove sources funds through this large regional bank in the form of short-term notes payable (backed by the company’s accounts receivable) and long-term debt supported by the firm’s other assets and earnings power. The bank has been willing to lend up to 81 % of the company’s accounts receivable,…...
Banking And Finance
Opportunistic Model
The overall conclusion of Nordhaus’ analysis is that governments manipulate the economy to increase their electoral results, and be re-elected. This means that inflation may be changed to non-optimal positions to gain public support, and adjust unemployment to more ‘popular’ levels. In the case of this model the problem created by dynamic inconsistency (namely unnecessarily increased inflation) is exacerbated as the incumbent party manipulates the economy in order to stay in office. Despite the promise of this model it has…...
Economics
Parental Investment Theory
The parental investment theory was put forward by Robert Trivers in 1972, and argues that differences between males and females have their origins in the different amount of time, energy and effort being put into having a child. We often hear that males seem to behave in a more aggressive manner, they care more about physical attractiveness in a partner than personality, and that women value financial capacity of potential partners the most (Buss, 1989). An explanation of this is…...
Accounting And Finance
Open Field System
The open field system is an ancient method of farming, which has been succeeded by newer, more advanced techniques. This system covered half the arable land in Britain at one time, mainly in the Midlands, East Anglia, Central and Southern England. Some areas had either never used this method or had been converted to the enclosure method previously. These areas included North Wales, Cornwall and the Lake District.The open field system consists usually of three large fields. The fields are…...
AgricultureCultureFood IndustryNatural Resources
Compare And Contrast North And South Korea
The North Korea is dramatically different compared to the South Korea. Unlike China, which is rapidly developing its economy and diverging from the self-contained world, until this day North Korea still remains undeveloped and backward. Many of those who are not familiar with the affairs in the South and North Koreas might not understand why both regions, which are adjacent to one another, differs so much in terms of political, economic, and social developments. North Korea is a country which…...
Economics
History and Effects of Asuu Strike 2018
The following sample essay talks about the History and Effects of Asuu Strike 2018. Read the introduction, body and conclusion of the essay, scroll down. The Nigerian Educational Logjam The Crisis at RSUST Re-engaged University of Ilorin Lecturers The Seemingly Intractable University of Abuja Crisis IMF/World Bank and Nigeria’s Economic Development 2009 FGN/ASUU Agreement You will recall that ASUU declared a total, indefinite and comprehensive strike on 4th December 2011 in order to prevail on government to sincerely and judiciously…...
Economics
Meat Industry Essay
The following sample essay on Meat Industry. The movie that I chose to write about is called Modern Meat and it is produced by frontline. The movie exposes the truth about the history of our meat and diseases. The movie explains how the united states meat industry was dramatically change in the early 19 50s to increase productivity as well as profit. This process would have continued if it wasn’t for the big outbreak that got the public’s attention. The…...
Food IndustryFood SafetyHamburgerIndustry
Neolithic Revolution Essay
The Neolithic Revolution and the Renaissance provided mankind with new ways of life. Although these advancements in architecture, agriculture, education and ideas transpired in different periods of history, they both had massive effects on our way of life today. Without these revolutions, our lives today would be unrecognizable. Life was drastically different before the Neolithic Revolution. During the Paleolithic Period, people were nomads. They lived in groups of 20-30, and survived solely off their surroundings by hunting animals and gathering…...
AgricultureArchitectureBiologyCultureEvolution
Example Of Token Economy
The mode of action of Token Economy aims to increase the frequency of a patients desirable behaviours and decrease that of the undesirably behaviours. Tokens are used to dignify reinforcement and are used as part of a reinforcement schedule. Punishment is implemented by the withdrawal of tokens. There are six main steps: 1. the target behaviour is identified (reinforcement or punishment) 2. the nature of the token is identified 3. depending on how many tokens individual receive over the day, they will…...
Economics
Alternative Courses Of Action
The management team recommends that Superado will push through in paying the employees the full amount of their annual bonuses in spite of the ongoing nationwide recession. As what Superado’s human resources director mentioned, the company’s sales figures would have been in a more unfavorable state had it not been for their highly-motivated employees who provide utmost customer satisfaction. This option will address the aforementioned objectives, which are: ? 95% Retention of employees for the next six months – Considering…...
Economics
Flexible Budget Performance Report
The Little Theatre Case 9. 26 Case 9. 26 After the beginning of the year, the board of directors of the theater authorized expanding the theater’s program to seven productions and a total of 168 performances. Not surprisingly, actual costs were considerably higher than the costs from the planning budget. Grants from donors and ticket sales were also higher. After completing the analysis for the Little Theatre we found that several items could be implemented to have an accurate cost…...
Economics
Medieval Village Life Details
The lord lived in a story house built out of stone. They had space to grow herbs, flowers and vegetables. The manor house had a large garden it has a well in the garden the lord had a fish pond for the fish as for the peasant the only had a house with no windows because the class windows were expensive. The lord had a little amount of glass for the window the people that lived in the manor house…...
AgricultureCultureHouse
Industrialization Essay
The Industrial revolution began during the 1700s in Great Britain. This was mainly due to the large textile production during this time. The grow in textile production was because of the increase in the demand in the wool and cotton industries. New machines were made to help control these demands. But, because the new machines couldn’t fit within the homes of the people like previous times this led to the beginning of Textile mills. But as these mills became more…...
Economics
The Graph Below Show The Post School Qualification
The graphs below show the post schools qualification held by Australians The two pie charts illustrate the percentage of education degree obtained by Australians aged between ’25 to 34′ and ’55 to 69′ in different fields of study. First and foremost, the Social Sciences and Arts have the highest rate of post school qualifications In both groups, while Architecture and Veterinary and Agriculture reached the lowest participation rate In the ’25 to 34′ and ’55 to 69′ aged group respectively.…...
Economics
The College Decision
The following sample essay on "Tamara Draut": The Growing College Gap Draut makes the claim that attending college is a decision students are faced with nationwide. She argues that there’s a gap between class and race dealing with financial problems. The gap has increased due to many cuts in the educational system and how Financial Aid helps the less fortunate but it doesn’t make higher education any more affordable to the masses. Therefore, since the socioeconomic breach continues to grow,…...
Economics
Nucor Case Study
The following section discusses the reasons that Nucor has been able to perform so well in the past. It examines the internal and external (industry) factors impacting success. Industry Analysis This section examines industry forces using Porters Five Forces Analysis (See Appendix 1). Porters Analysis illustrates that both Industry Competition and Barrier to Entry are HIGH. Threat of Substitutes and Buyer Power are Medium and Supplier Power is Low (See Appendix 1 for detailed analysis). However, even in the face…...
Economics
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