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Economics Essays

Samsung Company Review

Introduction Samsung is one of the leading global producers of electronic devices. Lee Byung-Chull founded the company as a grocery trading store in 1938 in Korea. At that time, the company majored in selling noodles and other goods produced in various parts of its city of origin and would later export them to different parts ... Read More
Pages: 7       Words: 1913

Foreign Direct Investment

Abstract With the globalization of the world’s economy, every nation appears to be following a clear trend of making direct investments in foreign entities. People must pay attention to the economic differences and foreign direct investment (FDI) differences between different regions while paying attention to the growth of the overall national economic aggregate and considering ... Read More
Pages: 13       Words: 3427
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Consumer Sentiment Versus Consumer Spending

Consumer spending is highly affected by changes in economic conditions, which impacts future expectations. Changes in the customer sentiment indices show the alteration in the expectations of future economic status, which consequently affects consumption. For instance, Hall (1993) and Blanchard (1993) claimed that the 1990-1991 recession in America was caused by the reduced consumption predicted ... Read More
Pages: 6       Words: 1472

Systematic Monetization Model Analysis of the Environmental Costs of Airport Construction and Operation Periods

Executive Summary There is an immediate need to build large airports in many developing countries to promote economic development and city building. When airport construction is currently underway, whether it is the construction of a new airport or the expansion of an existing one, the feasibility of the airport construction is studied, and a feasibility ... Read More
Pages: 24       Words: 6568

Structure and Culture of Companies in the Global Market

Introduction Globalization refers to the interconnectedness of the world’s economies, populations, and cultures due to widespread international trade (Smith, 2018). It has become a necessary part of the modern world. However, as much as globalization improves people’s lives, it creates new challenges for companies when they expand across borders (Smith, 2018). This essay will discuss ... Read More
Pages: 7       Words: 1755

Economics of Developing Countries

Question 2: To what extent can international aid provide an effective long-term solution to the problem of underdevelopment? Introduction Economic underdevelopment describes a condition that is characterized by increased poverty levels, low literacy levels, and low per capita income. Most countries, especially developing countries, always face the ‘underdevelopment shock’ (Astuti, Sugiyanto, and Kurnia, 2022). By ... Read More
Pages: 9       Words: 2314

Cookie Business: An Analysis of Shi’s Tasty Cookies

Abstract This paper analyzes Shi’s Tasty Cookies, a small business that produces and sells cookies. The analysis examines the business’s operations, performance, and future improvement strategies. Reviewing the company’s contribution margin, full and variable costing, special orders, internal rate of return, cash budget, and material and labor variance are all included in the analysis. According ... Read More
Pages: 6       Words: 1451

Assessment of the Linkage Between Economic Development and the Democratization Process in Taiwan

Introduction Democratization involves making a service available to everyone. Numerous newly industrialized Asian nations are recognized as developmental states. These states have utilized political power in their governments to shape, direct and inspire the accomplishment of explicit financial goals and are recognized for their increased economic development from the 1960s. While deliberating on the structural ... Read More
Pages: 13       Words: 3322

The 2007–2008 Financial Crisis

Introduction The 2007-2008 financial crisis resulted from improper use of the available economic instruments. In the United States, the crisis began after implementing unfavorable lending requirements and the readjustment of house piecing. While the financial overseers had good intentions, the nation faced multiple organizational accounting misconducts followed by the September 11 terrorist attack. Following these ... Read More
Pages: 10       Words: 2551

Essay on UK Economy

Introduction The United Kingdom’s macroeconomic performance has been marked by steady growth, low unemployment, and low inflation in recent years. However, the COVID-19 pandemic has significantly impacted the economy, leading to a sharp decline in economic activity and increased unemployment. GDP and Economic Growth The United Kingdom’s Gross Domestic Product (GDP) has been growing steadily ... Read More
Pages: 9       Words: 2383

The Relationship Between Economic Growth and Unemployment

Introduction Globally, there is the acceptance that from an economic point of view, the GDP growth rate of any economy increases employment and reduces unemployment. The theory behind this is ‘Okun’s Law’ which concerns the relationship between output and unemployment. Mainly in the most developed countries, the theory has been among the most famous; on ... Read More
Pages: 12       Words: 3188

Introduction to Econometrics

Introduction Overview Econometrics is the application of statistical methods to economic data to give empirical content to financial relationships. It includes developing and applying models and methods for forecasting, testing, and explaining economic data and relationships. Econometrics in Stata is a suite of statistical tools used to analyze economic data. It is designed to provide ... Read More
Pages: 10       Words: 2629

Government Intervention for Economic Growth in Developing Countries

Economic development is a complex process influenced by a wide range of factors, including political, social, and economic factors. Developing countries are often characterized by low levels of economic growth, poverty, and inequality. The question of how to promote economic development in these countries has been the subject of debate and research, with different scholars ... Read More
Pages: 5       Words: 1258

The Importance of Inflation Targeting in Emerging Market Countries

Introduction Inflation targeting requires monetary bodies to adopt a forward-looking attitude and take the preemptive action to fill the lags in policy decisions relating to their effect on output and prices. As Alan Greenspan put it, implicit within the confines of a monetary policy action refers to the expectations of how the future will unfold ... Read More
Pages: 12       Words: 3297
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