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Economics Essays

In-House vs. Outsource Decision Tree

Abstract Decision trees depict the path taken during a decision-making process based on probabilities of uncertain events and information that allow project managers to derive the most optimal solution. Still, decision trees help decision-makers choose optimal cost-saving project solutions despite many alternatives (Simosa, 2021). A decision tree will guide the project team on whether or ... Read More
Pages: 4       Words: 1080

Causes of the Current Housing Crisis in London and the UK

The current housing crisis in London and the UK is a multifaceted problem which has been building for years and has been exacerbated by various factors. Demand for housing has outstripped supply, resulting in a sharp rise in prices and making it increasingly difficult for people to afford a home. The availability of affordable housing ... Read More
Pages: 9       Words: 2276
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Economic Development in Latin American Countries

Inflation, as per measurement by the consumer’s price index, reflects the annual percentage of its cost to the average consumer in obtaining a basket of services and goods that may be changed at specific intervals, such as annually (Kauerauf, 2020). The formula used is Laspeyres. Brazil’s rate of inflation in 2021 was approximately 8.28%, a ... Read More
Pages: 9       Words: 2231

Antitrust Case Analysis

Introduction Antitrust regulations are crucial to ensure fair competition in the healthcare sector and improve outcomes for patients and healthcare providers. The instance of an antitrust law infringement in the healthcare sector will be examined in this essay, as well as how it affected the law and the power brokers and raised issues for healthcare ... Read More
Pages: 4       Words: 967

Airbnb’s Effects on the United Kingdom’s Economy

Over the decades, the hospitality industry has transformed immensely to conform to the rapid economic trends experienced globally. In the United Kingdom (UK), its footprint in the country’s gross domestic product is felt. Before the emergence of the coronavirus pandemic, businesses such as cafes, food service outlets, restaurants, hotels, and other accommodation establishments generated approximately ... Read More
Pages: 5       Words: 1129

Georgia: Hollywood of the South

The state of Georgia has been known as “the Hollywood of the South” thanks to the state’s film incentive scheme. As a means of stimulating economic development, state governments offer film incentives in the hopes of recruiting productions that will bring in new revenue streams, create new employment opportunities, and lay the groundwork for a ... Read More
Pages: 4       Words: 1072

Failure of the American Dream in National Economic Collapse

Introduction Since the country’s establishment, the American Dream—the conviction that anybody, regardless of background, may achieve success and prosperity through labor—has been a pillar of American culture. The nation’s economic downfall has tested the American Dream since the Great Recession of 2008. The potential of realizing the American Dream has become more remote for many ... Read More
Pages: 8       Words: 1994

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

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
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