The Impact of Microeconomics and Macroeconomics on the Housing Prices in the UK
The United Kingdom housing market is very volatile for many people in the UK, purchasing a house is classified by far the largest of the single economic transactions they make in their lifetime. Therefore, it is far from surprising finding a strong reaction of the public following significant fluctuations in the housing price relative to other goods and services In Ireland, such fluctuations have taken place for the last few years. At the beginning of 1994, the price that was…...
InflationInterestsMacroeconomicsPrice
Economic Indicators
Unemployment refers to the total percentage of a country’s workforce that is unemployed and is looking for a paid job. The unemployment rate refers to the percentage of the whole population that is actively seeking paid employment. This rate is reached at by dividing the number of working individuals by the already working individuals in the work force, In statistics, a rising unemployment rate is an indicator of a weakening economy and necessitates a reduction in the interest rates. On…...
Gross Domestic ProductInflationMoney
GDP: A Country’s Key Progress Determinant?
The “health” of the economy is a constantly debated topic of economics with the modern accentuation of more global economies, the recognition of the business cycle, and alternative indicators to measure the vitality of countries and other regions. The GDP,(gross domestic product), of an economy is one of the most essential determinants of a country or region’s progress, collectively quantifying the aggregate value of all goods and services produced in an economy. The term is used to determine the growth…...
Gross Domestic ProductInflationPoliticsPoverty
The Definition of Economic Growth and Gross Domestic Product
Define economic growth and explain why Gross Domestic Product fails to provide an accurate overview of the quality of life of a nation. Economic growth is a positive change in the level of production of goods and serVices by a country over a certain time period. Nominal growth is defined as economic growth including inflation, while real growth is nominal growth minus inflation. Economic growth is usually brought about by technological innovation and positive external forces. Even though Gross Domestic…...
Gross Domestic ProductInflationPoliticsPoverty
An Introduction to the Gross Domestic Product GDP
The main macroeconomic variables are Gross Domestic Product (GDP). unemployment rate and inflation. They are used by countries to determine their economic status and international competitive ability. The macroeconomic variables can be forecasted to allow the government to make prior arrangements to reduce their effects and probability of experiencing negative trends from them. High rate of unemployment is harmful to the economy as well as high rate of inflation. On the other hand, high GDP in a country is beneficial.…...
EmploymentGross Domestic ProductInflationUnemployment
Brazil’s Social & Economic Policies
Social policy is applicable to many areas of policy which are usually within a political or a governmental setting. The policy can be as well used to refer to the legislation, principles, activities and guidelines that lead to conducive human welfare living conditions During the past decade, the economy of Brazil has undergone a significant transformation, The major changes were experienced at the beginning of 2004 that was seen due to increasing in the per capita Gross Domestic Product (GDP),…...
Central BankInflationPovertyUnemployment
Work Ethic And Motivation
As many students around the world explore further into the school system getting good grades especially receiving an A becomes the focus for a positive future and getting into college. Is grade inflation which is “awarding student’s better grades than earned either to maintain a school's perfect record in academia or from lack of expectations from teachers. Grade inflation affects schools across the United States in public universities and even some Ivy League colleges. Grades given are not a true…...
InflationMotivationPsychologyWork Ethic
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