Category: Economic

Table of Contents Introduction Economic development References Introduction The Venezuelan financial system has been ruled by government policy since the 1970s. The iron and petroleum industries were nationalized in 1974–75, and the electrical generating industry was also a state enterprise. The government ruled the salt and match productions; set the prices of pharmaceuticals, petroleum manufactured…

Introduction The resources boom in Australia has come to an end and has affected the investment in the resources sector. Since April 2012, A$ 150 billion of the intended ventures are either held up or called off as per the government data. The withdrawing commodity markets and feeble investment interest have forced mining companies to…

In this paper, we intend to analyze three articles, published in New York Times, The Economist and Newsweek. Each of them focuses on such topic as the development of the US economy and its struggle against the ongoing recession. Our main task is to evaluate the arguments, put forward by the authors and determine whether…

Table of Contents Introduction Inflation Unemployment Real GDP per capita Growth Debt GDP Ratio Interest Rates Fiscal and Monetary Policies Conclusion Works Cited Introduction The Australian financial system is one of the economies in the developed world that had a better performance both in the wake of and after the global financial crisis. Several reasons…

Table of Contents Introduction The link between capital market and economic development Latin American and East Asian Regions Economic Growth Conclusion and Findings References Introduction The economic health of a nation or a community can be gauged by various indicators, and some of them are GDP, inflation, turnover, and the performance of the capital markets.…

John Maynard Keynes is a British economist whose theory revolutionized economic thinking in the early 20th century and helped to overcome one of the greatest economic crises in history. His major ideas and suggestions concerning the necessity of spending and the government’s intervention were adopted by Franklin D. Roosevelt to battle the Great Depression. Even…

Table of Contents Oil Wealth Focus on Service Delivery Investment in Infrastructure Works Cited Oil Wealth The high price of oil in the international markets is providing many developing nations with lots of petrodollars. Ironically, most of these country’s citizens continue to live in gliding poverty because authorities have not used the oil money well…

Table of Contents Introduction Discussion The demand theory in managerial economics Types of demands Conclusion References Introduction Managerial economics refers to the science of organizing limited resources in order to achieve organizational goals with minimal costs. According to Edwin Mansfield, managerial economics applies various economic concepts and analytical strategies to influence the decision-making process in…

As of today, it became a commonplace practice among many political observers to refer to China, as the second most powerful country in the world, which continues to affect the world’s geopolitical and economic developments to an ever-increased extent. In its turn, this can be explained by the fact that the economic reforms, which began…

Table of Contents Total Revenue and Total Cost Curves Sunk Costs Production Possibility Curves Opportunity Costs References Total Revenue and Total Cost Curves Any firm aims at maximizing the quantity of profits made from any business deal. However, amount of profits that a firm can get from production of commodities is determined by the difference…