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Economics Essays

Impact of COVID-19 on the Rising Global Economy

Coronavirus (COVID-19) is an infectious disease caused by the SARS-CoV-2 virus (World Health Organization, 2020). It was identified late in December 2019. Coronavirus resulted in symptoms like the common cold, loss of appetite, and shortness of breath, causing many deaths, especially those in the older age brackets. It resulted in the closure of churches, schools, ... Read More
Pages: 12       Words: 3208

The Role of a Corporation: Understanding Corporate Social Responsibility

Milton Friedman is well known for his opinion that in business, the only aim is making a profit for shareholders. This shareholder primacy view has been the focus of many discussions. Others claim that this has resulted in significant businesses pursuing greed over and above ethics, thereby harming society. However, another group contends that shareholder ... Read More
Pages: 5       Words: 1164
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An Analysis of the Monetary Policy and the Housing Bubble

Introduction The role of US monetary policy in the housing market bubble during the early 2000s has been a subject of much debate and analysis. In the working paper titled “Monetary Policy and the Housing Bubble,” the authors investigate monetary policy’s influence on house prices with particular reference to how monetary policy is applied in ... Read More
Pages: 3       Words: 687

Analyzing Federal Reserve’s Monetary Policy

Introduction Have you ever thought about how the actions a coalition of policymakers takes can affect your daily life? So that’s where monetary policy kicks in, helping to shape prices and employment opportunities. Our review of the monetary policy conundrum follows two insightful articles—one by the IMF and another that refers to historical materials in ... Read More
Pages: 5       Words: 1354

Exploring Diverse Economic Philosophies and Their Practical Implications

Introduction Economic philosophies are one of the most fundamental studies that can be used to gather information that can help in understanding the forces that shaped the economies of different regions in the world. This paper aims to explore Vietnam as the region of study in reference to three prominent philosophers, Adam Smith, Karl Marx, ... Read More
Pages: 10       Words: 2492

Unravelling the Dynamics of GDP Composition

Gross Domestic Product (GDP) becomes the central figure in economic analysis: a key indicator that refers to the total sum of goods and services produced by a country’s nation The theory of GDP composition allows bringing deeper insight into the principles of economic dynamics because the process manifests itself in the form of the interaction ... Read More
Pages: 6       Words: 1599

Economic Impact of Faith

In the article “Where could America’s Financial System Be without Religion?” religion’s deep imprint on the American economic framework was investigated. However, Grim investigates faith’s invisible economic and social advantages in great detail, demonstrating its huge impact on a wide range of industries. First, this assessment seeks to determine the importance of religion in defining ... Read More
Pages: 3       Words: 772

A Critical Appraisal of Digital Disruption Affecting the Global Environment, Relevant to Gareth Lewis, CEO and Co-Founder, Delio, and Their Internationalisation Aspirations

Introduction In this critical appraisal, the primary aim is to examine how digital disruption has changed Gareth Lewis’s entrepreneurial path. Gareth Lewis is the CEO and co-founder of Delio. In the quick-paced finance sector, this paper will explore how digital disruption impacts Delio’s operational environment and goals for internationalization. The eminent fintech company Delio, with ... Read More
Pages: 12       Words: 3064

Enhancing Organizational Performance Through Governance in Beijing, China: A Moderating Role Agile Leadership

CHAPTER ONE: INTRODUCTION Introduction Over the years, several changes have occurred in global economic performance and technological developments. Beijing, China’s capital city, has undergone several technological developments and economic changes that have influenced the performance of organizations in the long run (Yin & Song, 2023). According to Tian (2023), Beijing experienced increased economic growth with ... Read More
Pages: 24       Words: 6561

The Moral Imperative of Corporate Social Responsibility

Introduction Nowadays, companies go above and beyond just following the law. Whether or not corporations have a social obligation beyond legal compliance is an important and divisive topic. Proponents and opponents of CSR expansion, as well as the ethical implications for businesses, will be discussed in this article.  Legal Compliance vs. Moral Responsibility: Specific rules ... Read More
Pages: 3       Words: 628

Bretton Woods and the Financial Crisis of 1971

Introduction The unbelievably devastating economic crisis that hit America in 1971 impacted the world economy. After World War II, the Bretton Woods system left several problems, including overvaluation, resulting in negativity as dominoes for the international economy. This essay evaluates the motivations behind President Nixon’s strategy of suspending the conversion of dollars to Gold. The ... Read More
Pages: 6       Words: 1497

Cable Prices Not Falling and Competition

A lack of Competition among cable companies is blamed in the statement for the exorbitant costs consumers continue paying for television service. The absence of Competition in the cable industry has resulted in prices that have refused to come down. Providers have less incentive to cut costs when there are few competitors for cable access ... Read More
Pages: 3       Words: 753

Evolution of Centralized Banking: From Colonies to the Federal Reserve Era

Introduction: The history of centralized banking in America unfolded as a saga that involved controversial debates, crises, and legislative reforms aimed at establishing the Federal Reserve system and then changing its functions over time. These are a culmination of the discussions that took place during the colonial era and provided the basis for founding the ... Read More
Pages: 6       Words: 1488

The Anchoring Effect: Using Insights From Behavioural Economics To Understand Human Behaviour Better

Introduction Behavioural economics has risen to prominence in the last several decades. The Economics behaviourists have proved how an individual’s decision-making may cause people’s choices to deviate from the conventional wisdom based on the assumptions of complete information, constant discount rate, and perfect rationality (Webster et al., 1992). Among those impacts, the first one was ... Read More
Pages: 9       Words: 2463

The Relationship Between Fuel and Food Prices in Canada

Introduction A spike in oil and fuel prices is a significant economic event for the Canadian consumer market. This study used a quantitative method to investigate the relationship between fuel and food prices. This report provides the systematic approach and the results we obtained from the Analysis. This research aimed to unveil the multifaceted views ... Read More
Pages: 12       Words: 3124
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