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Economics Essays

Market Concentration and Market Power in Healthcare Industry

Market concentration is an economic jargon used to refer to the measure of competition in the market amongst small firms. On the other hand, market power is also jargon in the same discipline used to imply a firm’s ability to monopolize service production even amidst stiff competition. Market concentration is measured using the HHI, whereby ... Read More
Pages: 3       Words: 658

Macroeconomy of Poland and Armenia

The state of the country’s macroeconomics is one of the most important factors determining its success. It places a strong emphasis on the performance of the economy, changes in economic production, the balance of payments, inflation, interest rates, and foreign exchange rates, among many other things. Furthermore, macroeconomics describes the overall behavior of the entire ... Read More
Pages: 8       Words: 1987
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Macroeconomics – Demand-Side Policies and the Great Recession of 2008

Introduction An economic recession refers to a massive decline in economic activities concerning industrial production, employment opportunities, the country’s GDP, and real income. A significant reduction in aggregate demand brings about a recession for at least two quarters within a particular financial year. In many incidences, an economic recession occurs when the federal government imposes ... Read More
Pages: 4       Words: 972

Level of Investment Governance in Germany

Introduction With the adoption of the Regulation (EU) framework, the founding of the European Banking Authority (EBA), and the development of the Single Supervisory Mechanism, German banking supervision has experienced significant changes. German rules and regulations and directly applicable EU regulations have developed a sound legal foundation for banking supervision. While the functional structure between ... Read More
Pages: 4       Words: 1029

Labor Market Implications of the COVID-19 Recession

Introduction One of the lasting legacies of recessions such as the ongoing Covid-19 downturn is the massive disruption of the labour markets. The impacts of past recessions and other crises are never gender-neutral, and COVID‑19 is no exception. Studies have shown that women have been more vulnerable to the disruption caused by the Coronavirus crisis ... Read More
Pages: 5       Words: 1302

Japan’s Unconventional Monetary Policy

Introduction Japan has had multiple phases of quantitative easing in the past 20 years. After the first round ended abruptly in 2006, the economy stayed stable for a few years and deflated again. The deflation gave cause for their second round of quantitative easing; however, it was a poor attempt and only lasted roughly two ... Read More
Pages: 6       Words: 1492

Essay on International Economics

Transnational trade refers to the exchange of commodities and services between two different nation state. Taking part in the global trade offers customers and countries the chance to be visible to goods and services which are not produced or available in their states or more expensive domestically. The global economy attributes its rise and prosperity ... Read More
Pages: 3       Words: 621

History of Economic Thoughts

Economics is a field of study that looks at how human beings strive to meet their needs. It explains how individuals allocate the available resources to satisfy their endless demands, although limited. In business organizations, economics describes how they have to give their priorities to the resources in all stages of production. Therefore, we can ... Read More
Pages: 5       Words: 1109

Financial Capitalism in North-Western Europe and Financial Intermediaries

Introduction Capitalism, also referred to as a free enterprise economy or free-market economy, is a type of economic system dominant in the western world where most of the production is privately owned. The economy uses operation markets to guide production and distribute income (Brick, 2015). Studies indicate that modern capitalism emerged in the 18th and 19th centuries ... Read More
Pages: 14       Words: 3720

Should Government Run Deficits To Fund Policies and Programs?

The government should run the deficits in funding policies and programs in the country. The growth of fiscal deficit can enhance a dead economy by providing more finance to the people who are in the position to invest and purchase more investments. The use of long-term deficits can have a detrimental effect on the growth ... Read More
Pages: 4       Words: 906

China Belt and Road Construction in Laos

Introduction In a discussion with visiting Laotian Prime Minister Thongsing Thammavong in April 2014, Chinese President Xi Jinping emphasized the importance of China and Laos intensifying their complete partnership agreement in order to realize their national goals. President Xi specifically stated that Sino-Lao relations should be focused on strategic areas such as energy production extraction, ... Read More
Pages: 9       Words: 2226

Challenges Facing International Trade in Iran

International trade of products and services has been a major focus for economists and philosophers for ages, as has the worldwide division of labor. Generally speaking, research in this area centres around four key questions: what are the causes of foreign trade? what are the impacts of global trade? In what ways does international commerce ... Read More
Pages: 7       Words: 1714

Causes and Consequences of the Great Depression

In 1929, the stock market of the United States crashed and the stock market values declined significantly, an event often referred to as the Great Crash/the Wallstreet Crash. This major crash in the stock market was what led to the great depression which was a serious worldwide economic decline that started in the United States ... Read More
Pages: 5       Words: 1252

Affordable Housing Policy in Hong Kong

Introduction This study examines the affordable housing policy in Hong Kong, China. The housing market and the execution of housing policy are being scrutinized to see how institutional and economic differences affect them. There are certain similarities between the two markets, such as their reliance on the property industry to sustain economic development and dense ... Read More
Pages: 13       Words: 3328

Importance of Tourism to the World Economy

Tourism refers to people travelling within their own countries or from different countries and staying in places outside their typical environment for various purposes. These purposes may include; leisure; this is whereby tourists travel to get away from their familiar territory for relaxation; business; this is where tourists travel for work-related purposes. This movement could ... Read More
Pages: 3       Words: 580
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