Essays on Economics

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.
Fast Food Chain Wendy’s International
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Wendy's International operates a chain of fast food restaurants, primarily operating under Wendy's Old Fashioned Hamburgers, Tim Horton's and Baja Fresh brands. The company has about 9700 restaurants in 20 countries. Wendy's has also been included in Fortune magazine's list of top 500 US companies. It is headquartered in Dublin, Ohio and employs about 58,000 people. The company recorded revenues of $3635. 4 million during the fiscal year ended December 2004, an increase of 15. 4% over 2003. This increase…...
Economics
Internship Report on Meezan Bank
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ACKNOWLEDGEMENT Internship training for the students of Commerce and Business is a complimentary portion of the education, where students are put at various organizations of their respective specialization; to see and apply their theoretical knowledge what they have studied dur ing their academic program at the institute. Meezan Bank is one of those organizations where student can achieve his/her academic and professional knowledge productively. In the preparation of this internship report, I acknowledge the encouragement and assistance given by a number of people from Meezan Bank Ltd.…...
Banking And Finance
The Great Depression Main Arguments and Ideas
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This paper example reveals the main arguments and ideas related to The Great Depression. Read more about The Great Depression in this paper. Even mid-October of 1929, the typical middleclass American saw an"illimitable vista of prosperity" (Dixon 1). The idea of poverty was near to an end; at 1928, President Herbert Hoover stated,"We have not reached the target, but given a chance to proceed together with the policies of this previous eight decades, also we will so on with the…...
Stock Market
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Lost Foam Casting
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LOST FOAM CASTING --------------------------------------------------------------------------------------------------------------------- ABSTRACT: The Report presents some theoretical and practical aspects regarding the casting of alloys in lost foam moulds. The stages of the procedure, the economic benefits and several ecological aspects are synthetically presented. KEY WORDS: casting, alloys, lost foam process, Expanded polystyrene --------------------------------------------------------------------------------------------------------------------- Introduction The lost foam casting process offers several advantages over conventional sand casting processes, such as simplified production techniques and reduced environmental waste due to binder system emissions and sand disposal. The process…...
ChemistryIndustryManufacturingMaterialsMechanical EngineeringPlastic
Pestel for Whisky
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PART A: PESTEL analysis on the external business environment of Malaysia based whisky industry. Political factors•According to International Trade and Industry Minister Datuk Mustapa Mohamed (2010), there will be no tariff reduction on the export of alcohol from Malaysia. This will become a threat to the whisky industry in Malaysia as the price of the whisky will remain high in global market and thus they will lose the competitive advantage on it. The demand of their products will drop as…...
Economics
What are Advantages and Disadvantages of Doing Business on the Internet
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The past a few years saw the boom and bust of the Internet sector, which is perhaps one of the most dramatic business events for several decades. Shutdowns of Internet companies more than doubled in 2001. However, based on a conservative estimate, only at most ten percent of significant Internet companies have shut down or declared bankruptcy. With the burst of the Internet bubble, people now are becoming more rational. Internet has become an important part of business and government,…...
Economics
Critical factors that made the Capetian dynasty so powerful
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There are several factors to be considered when discussing the consolidation of the powers of the Capetian Kings. This essay seeks to outline and discuss three critical factors that made the Capetian dynasty so powerful. These include; marketing the image of kingship through anointing, agricultural development and the importance of succession. The first of the influential powers, which marked out kings, was their anointment. The Church consecrated the king; the ointment using holy oil, the kings where seen to act…...
AgricultureCharacter TraitsDeforestationFranceMonarchyPersonality
Ch 2: The Theory of Production, Cost and the Firm
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2.4 The theory of production, cost and the firm In the production process, firms turn inputs (or factors of production) into outputs (or products) via a process of transformation using the available technology. Inputs can be divided into three broad categories: labour (L), capital (K) and materials (M); and can further divided into subcategories such as: skilled and unskilled labour, fixed and flexible capital and so on. For example, a wind turbine manufacturer uses inputs which include the labour of…...
Economics
Why is Economics not an Evolutionary Science?
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The alternative of the mainstream economic vision of the economy based around equilibrium with one of continual evolution can be traced back to Marx’s Capital with his analogy of the economic system as a biological entity that is ever changing, in contrast to a chemical reaction, tending towards equilibrium. Although, Marx viewed technological change as something that capitalists reacted to, rather than drove, he has been credited with providing one of the first glimmers of the theory of competition through…...
Economics
Wal-Mart’s Chinese Suppliers
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Wal-Mart is the world’s largest retailer. It built to dominance on the mantra of “everyday low prices”. The low price has required Wal-Mart to source many of the goods it sells from factories that operate at the low cost. Wal-Mart has an ethical supplier’s code of conduct. Amongst other things in the code of conduct are: 1. The supplier do not employ under wage labour 2. They must pay the labour at least the legal minimum wage for the nation…...
Economics
Acf Case O.M. Scott & Sons Company
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Estimating Funds Requirements Short-Term Sources of Funds Subject:O. M. Scott & Sons Company Problem:Should the O. M. Scott company keep with its Trust Receipt Plan in order to maintain 25% growth rate. Options: 1. Sell receivables to a third party at a discount rate to receive cash. 2. Issue preferred equity to help finance retailers in holding higher Inventory levels 3. Reduce growth rate to a sustainable Recommendation: In order to maintain the 25% growth, we need to first of…...
Economics
Intermediate Accounting Ch 8
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CHAPTER 8 Valuation of Inventories: A Cost-Basis Approach ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics 1. Inventory accounts; determining quantities, costs, and items to be included in inventory; the inventory equation; balance sheet disclosure. Perpetual vs. periodic. Recording of discounts. Inventory errors. Flow assumptions. 10, 11 7 12, 13, 16, 18, 20 4 5, 6, 7 Questions 1, 2, 3, 4, 5, 6, 8, 9 Brief Exercises 1, 3 Exercises 1, 2, 3, 4, 5, 6, 10 Problems 1, 2, 3…...
Accounting And Finance
What are the main causes of social exclusion
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Social exclusion occurs where individuals become excluded from mainstream society, thus placing them at a disadvantage in terms of life chances. Contrary to the common view that social exclusion is confined only to council estates, individuals from teenage mothers to older adults of various socio-economic levels and family types can easily become excluded from society. This essay shall explain the common occurrences of social exclusion within council estates and their causes. I shall then proceed to discuss the strategies used…...
Human NatureMotivationSocioeconomic StatusUnemployment
‘McDonald’s stands for American cultural imperialism’
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Consideration of the facts, statistics and the phenomenal growth of McDonalds- with a product that is closely associated with American culture- makes McDonalds a form of representation of 'American cultural imperialism' on rest of the world. The essay considers different perspectives about the issue; for example, McDonalds as a global organisation, its justification for the charges made by social activist and consumer's perception of the company image. The essay also integrates the consideration of adverse influences of McDonalds on different…...
AmericaCountryCultureEmploymentFast FoodHistory
Social Class and Correct Answer
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* Question 1 0 out of 2 points | | | Why is ideology more effective than force as a means to maintain stratification? Answer| | | | | Selected Answer:|    Ideology appeals to reason, and people naturally prefer reason over coercion. | Correct Answer:|    Coercion is ineffective because it breeds hostility and nourishes rebellion. | | | | | * Question 2 2 out of 2 points | | | What is the ideology supporting the concept that a…...
CapitalismCasteIdentityPolitical SciencePoliticsSocial Class
SMC Electronics vs Akhter Computers & Others: Court of Appeal Decision
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SMC Electronics Limited v. Akhter Computers Limited & Others Court of Appeal (Civil Division) Lord Justice Henry Lord Justice Latham and Sir Murray Stuart-Smith Lord Justice Henry: Introduction 1 The Claimant, SMC Electronics Ltd, ("SMC"), and the Defendants (all part of the Akhter Group of companies ("Akhter")), both sell power supply units ("PSUs"). PSUs are printed circuit boards with capacitors and other components soldered on to them. This is Akhter's appeal from the decision of HHJ Green dated 31st March…...
Common LawContractEmploymentJudgeJusticeLaw
Aldi Mission Statement: Aims and Objectives
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Aldi Vision Statement What is Aldi's mission statement? The mission statement of any enterprise must be clear and represent its purpose of existence. It must stand for the ethical positions of an enterprise, image portrayed to the public and more importantly products and services provided by the enterprise (businessplans. org). Aldi stands up to its Mission Statement "Spend a little, Live a lot ". This is a 'one liner' but supported by a set of values. The main mission of…...
EmploymentHuman NatureManagementOrganizational Structure
Deficiencies of the Prevailing Labour Law in Sri Lanka
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DEFICIENCIES OF THE PREVAILING LABOUR LAW SYSTEM IN SRI LANKA BACKGROUND FOR THE STUDY 1. 1. Employment Employment is a An act of employing State of being employed The work in which one is engaged; occupation. An activity to which one devotes time The percentage or number of people gainfully employed: "a vicious spiral of rising prices under full employment" (William Henry Beveridge). 1. 2. Definition of Employee and Employer A person who is hired to provide services to a…...
Economics
Marketing Mix of Telenor
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EXECUTIVE SUMMARY Telenor was launched in Pakistan in March 2005. Despite facing fierce competition it has managed to make its mark in the telecommunication industry and captured a huge consumer base. It is a provider of high quality telecommunications and media communication services and is ranked, as the 7th largest mobile operator in the world, and caters to over 153 million subscribers. Today after six years of its existence in Pakistan, Telenor is the fastest growing cellular network in the country.…...
Economics
Strategic Brand Management: Final Notes
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Has taken significance due to 3 reasons: noise, information overload, skepticism-don’t believe message from companies and connectivity-internet). Takes a network approach. The importance of Buzz depends on the Nature of your product (paperclips vs. movies) The people that you’re trying to reach (younger people are more influenced by peers) Your Customer’s connectivity. Your marketing strategy (if you have a contract, buzz is less important). Buzz is an invisible network-You will never really see how buzz moves from person to person.…...
Economics
Yuchengco Researchpaper
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• AY Foundation The Alfonso Yuchengco Foundation, Inc (AY Foundation) serves as the heart of YGC. It manifests the Group's conviction that social responsibility is a corporation's lifeblood, essential to its survival and success. Established in 1970, this non-profit, service-oriented organization has dedicated itself to the uplift of the Filipino spirit. Using contributions from YGC's member companies, the AY Foundation has various social development programs focusing particularly in the education, health and nutrition sector. Now entering its fifth decade of…...
Stock Market
The Crop Protection Industry
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The AHP firm Cynamid was purchased by German based company BASF in 2000. This purchase results in a reduction of the competitive ability of AHP and increases the threat posed by BASF. Previously Monsanto had entered agreements with Cynamid in which they were able to sell glyphosphate for use in the herbicide created by Cynamid called Extreme. This increase in the products ability to provide protection is an example of Cynamids focus strategy, providing particular customers with their specific needs.…...
Economics
Management Gurus and the Fashions
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The following example essay on "Management Gurus and the Fashions" explores the fact that management gurus and the fashions they have created and promoted have gained such popularity. It begins by explaining what management gurus are and outlines several ones who have revolutionized individuals and organisations. It then reviews the strong character themes and creations that these management gurus have fostered to implement to their followers. This includes religious imagery and social creations. The essay endorses such techniques used to…...
Economics
Spans of Control and Scalar Chain
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Flour Daniels' opted to implement a decentralised structure largely due to them being forced by the changing environment, and as a result of this they merged and became much larger in size. In order to assess this new structure Flour Daniels' would have considered the nature of the product and service being offered, policy making, day-to-day management and standardisation of procedures and contract terms for employees. This would have meant that senior management still needed to maintain effective control and…...
EmploymentHuman NatureOrganizational StructurePolicyTeam
Salesoft Analysis
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Case 15 SaleSoft, Inc. (A) Synopsis Greg Miller and Bill Tanner, Executive Vice President and CFO, founded SaleSoft in July 1993 with the objective of marketing PROCEED, a Comprehensive Sales Automation System (CSAS). While PROCEED had received very favorable responses from prospects, converting interest to actual sales was taking a long time with only five PROCEED systems having been sold to-date. In September 1995, with limited funds and the need to show performance before seeking additional venture capital, Gregory Miller,…...
Economics
Hunting and Gathering vs Sedentary Living
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Gathering and There are many events in the past that changed the course of history. The Neolithic Agricultural Revolution marked the transition between gathering and hunting to sedentary lifestyles. There were benefits to this change that have lasted until societies today. As well as benefits, there were also costs that effected people’s lives. The role of men and women shifted and things were slowly started changing to a world that is much like society today. Moving from gathering and hunting…...
AgricultureCivilizationCultureHobbyHuntingLaw
Case Analysis on Are They Ready to Put Avocado on Their Face?
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I. Point of View The point of view of Mr. Ricky Bautista, president of Vive Chem Philippines (VCP), and Mr. Willy Tan, King Matches Corporation’s product manager, were considered since they can best tackle the problem, suggest and analyze proposals, decide, implement and follow-up the resolution that was chosen. II. Market Situation Analysis 1. Opportunities - threats analysis. A. Opportunities: • There a high market potential on herbal-based astringent. ? Since all the current brands in the market were chemical-based,…...
CommunicationInnovationMarket SegmentationMarketingMicroeconomics
Week 6 Discussion
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Haley Romeros had just been appointed vice president of the Rocky Mountain Region of the Bank Services Corporation (BSC). The company provides check processing services for small banks. The banks send checks presented for deposit or payment to BSC, which records the data on each check in a computerized database. BSC then sends the data electronically to the nearest Federal Reserve Bank check-clearing center where the appropriate transfers of funds are made between banks. The Rocky Mountain Region has three…...
Economics
Case Study for Banco Filipino Closure
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OVERVIEW OF THE CASE “Subok Na Matibay, Subok Na Matatag” (Tested Strong, Proven Stable), the slogan of once well-known and once most popular bank in the Philippines, the Banco Filipino, formerly known as Banco Filipino Savings and Mortgage Bank, but surprisingly, it was closed twice in 1985 and in 2011 in the history of banks in the Philippines. Banco Filipino started its operation in 1964, founded by Tomas Aguirre and was known as one of the thrift bank. The Aguirre…...
Banking And Finance
Analysis Into the Vertical Integration Across the Value Chain of Sony
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“The greater a firm? s ownership extends over successive stages of the value chain for its product, the greater the degree of vertical integration” (Grant, 2010, pp354). The consumer electronics industry value chain is depicted below: Thus a firm can be said to be vertically integrated if it owns and operates each of these stages of the value chain. The consumer electronics industry has many players who produce goods for purposes such as entertainment, communication and work. There are many…...
Economics
Slow Productivity in Construction Industry
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Nowadays, the growth of construction industry’s productivity is slow, unlike the manufacturing sector, where standardization of components, mechanisation and innovation greatly enhance the rate of production, that is because of the procedure of construction industry is more complicate and always take longer time than manufacturing sector. Therefore, the supply to meet the needs and demand of housing and infrastructure is a very slow process. This is a serious problem which indicates that over the past 40 years, construction projects have…...
Economics
Mao Zedong: Biographical and Political Profile
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Mao Tse-tung (Zedong) was the official first leader to The Central Committee of the Communist Party of China, and no other name in the history of modern China has a more synonymous connotation with the total practice of communism and collectivism than Mao. Born on December 28, 1893, Mao was brought up in a predominantly non-industrialized, agrarian society that had gone through little social change in centuries. The country suffered from extreme poverty, isolationism, illiteracy, disease and infighting among various…...
Accounting And Finance
International Business Country Analysis: China
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At 9.6 million square kilometers, China is one of the biggest countries in the world. It contains the world's biggest city, Shanghai, and is ruled from the capital of Beijing in the east. China has been the world's most populous country for centuries and it makes up one-fifth of the world's total population. Over 1.3 billion people live in China, which makes every five people in the world Chinese. China is the scene of the most extraordinary economic, social and…...
AsiaBusinessChinaCountryEconomicsIndustry
Donner Company Example
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The following sample essay on Donner Company Example tells about production techniques. The company has specialized in making circuit boards for experimental devices and for pilot production runs. The basic work process can be divided into three important stages - preparation, image transfer and fabrication. The company's president - Edward Plumper believes that the company is more adept than its competitors at anticipating and resolving problems inherent in new designs and prototype production techniques due to highly skillful employees with…...
IndustryInventoryManufacturing
Gmg Airlines Objective, Human Resourses Management, Recruitment Policy
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1. INTRODUCTION GMG Airlines is a largest private airline of Bangladesh with its head office in the AAA Tower in Nikunjo-2 Dhaka, Bangladesh. It is Bangladesh's largest and oldest private airlinecitation needed operating domestic, regional, and international services, upholding the image of Bangladesh to the world. Its main bases are Shahjalal International Airport, Dhaka, and Shah Amanat International Airport, Chittagong. On 17 June 2009, Beximco Group bought a stake in GMG Airlines and has injected cash in the airline. *…...
AirlineBusinessEmploymentInterviewLawLaw Enforcement
Supply and Demand – Case Study: Cabbage Patch Kids
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Turning the Supply Chain into a Revenue Chain Turning the Supply Chain into a Revenue Chain by Gerard P. Cachon and Martin A. Lariviere • Print • Email • Purchase Article FEATURED PRODUCTS [pic] Guide to Getting a Job by Gill Corkindale, Daisy Dowling, David Silverman, et al. $19. 95 Buy it now » [pic] Management Tips: From Harvard Business Review by Harvard Business Review $18. 00 Buy it now » [pic] Lords of Strategy: The Secret Intellectual History of the New Corporate…...
Case StudyEconomicsEducationLearningStudySupply And Demand
Human Capital, Human Assets & Intellectual Capital
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This essay discusses and explores the terms "Human Capital", "Human assets" and "Intellectual capital". Human capital is a way of defining and categorizing people's skills and abilities as used in employment (Economic Review, 2004). According to Robert Heller, "A business can realize the benefits of its greatest asset by winning the hearts, minds and spirit of people". Human assets are those personal qualities and characteristics that enhance the individual health, happiness and well being of each family member. The intellectual…...
Economics
Factors Influencing the Adoption of Mobile Banking
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The following sample essay talks about the factors influencing the use of mobile banking. Read the introduction, body and conclusion of the essay, scroll down. Factors influencing the use of Mobile Banking: The case of SMS-based Mobile Banking offered CHAPTER ONE INTRODUCTION Mobile banking is an application of mobile computing which provides customers with the support needed to be able to bank anywhere, anytime using a mobile handheld device and a mobile service such as text messaging (SMS). Mobile banking…...
Banking And Finance
Walgreens Strategic Analysis
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Veronica Washington 0180175 Walgreens Pharmacy (WAG) An Industry Leader at the Inflection Point The following report is an in-depth discussion of Walgreens Pharmacy with an analysis and assessment of the company’s strategic initiatives. Each strategy yields a direct purpose of diminishing the influence of a specific force from Porter’s 5-force Model as the supporting data culminates an outlook on the company’s future. COMPANY OVERVIEW Charles Walgreen of Chicago, Illinois, pioneered the first Walgreens in 1901, with corporate headquarters now located…...
Economics
Case Analysis of Donner Company and Eiic
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The following sample essay is a case study of Donner and Eiic. To read the introduction, body, and conclusion of the essay, scroll down. The Donner Company manufactured printed circuit boards to specificaiton of a variety of electronics manufactures. It produces and sells goods to its customers. While EIIC is an insurance company which focus mainly on engineering insurance. It produces and sells service to customers. Problems for Donner Company: 1. For operation problem, there is a production bottleneck exist…...
EmploymentEngineeringHuman ResourcesInsurance
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FAQ about Economics

What are Advantages and Disadvantages of Doing Business on the Internet
...As long as this inequality persists, the problem cannot be totally solved. Therefore, the impact of e-commerce has two sides. Although its overall impact on the world is positive, we cannot assume that, for any single country under current conditions...
Why is Economics not an Evolutionary Science?
...With the theory of path dependency we have seen how decisions in the past may influence our decisions today, but to take the next step to understand what moves the system from one pathway to another we need a framework which can draw out in greater d...
What are the main causes of social exclusion
...The government and their housing organisations have lost the trust of those that have become excluded from society and left to take care of themselves. This has inadvertently created an exodus of people with particular group norms that do not fit in ...
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