Category: Economic

  • Measuring Economic Health

    Table of Contents The use of Gross Domestic Product to measure the business cycle National fiscal policy Public expenditure policy Taxation policy Public debt policy Deficit financing References The use of Gross Domestic Product to measure the business cycle Gross domestic product (GDP) is the entirety marketplace assessment in dollars, of all the goods and…

  • Identifying and Assessing the Economic Costs and Benefits of WTO Negotiations Failure

    Table of Contents Introduction Causes of the collapse of the negotiation Methodology employed in assessing impact of failed DDA negotiations Specific Economic Scenarios caused by failure of WTO negotiations Assessed Economic impacts Conclusion References Introduction Doha Development Round (DDR) also referred to as Doha Development Agenda (DDA), is recognized as the world trade organization (WTO).…

  • Saudi Arabia’s Oil Sector

    Table of Contents Introduction Oil Prices in Saudi Arabia GDP of Saudi Arabia Unemployment rate in Saudi Arabia Inflation rate in Saudi Arabia Conclusion References Introduction The world has considerably experienced economic growth despite the major challenges that has occurred in the recent past. There has been an accelerated growth in the emerging markets in…

  • Introduction to the Economic Decision-Making

    Basically, there are four principles to individual decision making. The first principle is that of scarcity. Economic decisions are characterized by tradeoffs. Individuals face tradeoffs when they have to decide to have one thing in place of another because resources are scarce. The second principle is that of opportunity cost. Opportunity cost simply means the…

  • Economic Instability and Its Main Causes

    Economic instability is the frequent change in a country’s income, employment, or financial well-being that is unpredictable and unintentional. It is a stage that the country’s economy is going through an unhealthy expansion or a recession associated with an increase in the price level of goods and services. It captures a pattern of multiple changes…

  • Economic Analysis of Stone Crab Season

    In the article, “Fishermen face rough seas, economy during stone crab season”, Miami Herald’s Elaine Walker looks at the expectations of various fishermen and restaurant operators about the stone crab season which begun last Friday , and is set to run up to mid March next year. She discusses the issues that are likely to…

  • Current Developments of the Business and Economic Environments

    Table of Contents Introduction The Writer’s Job Description The Economic Conditions of the Country Effects of the Current Economic Conditions Effects on the Company Conclusion References Introduction The evident current developments in economy, business trends, and financial markets have had significant effects on people’s jobs. The writer of this article was formerly a manager in…

  • Green Recovery: Green Industries, Green Jobs and Global Economic Crisis

    Table of Contents Introduction Discussion Conclusion Reference List Introduction A green economy is one that focuses on utilizing resources that are less costly, more readily available and less harmful to the environment. According to the United Nations Environment Program (UNEP), a green economy entails enhancing energy efficiency in new and old buildings, use of renewable…

  • Is China’s Economy Another Bubble?

    Over the last few years, there has been a tremendous growth in the Chinese economy. Financial analysts world over have likened this growth to a bubble waiting to explode. The person who set off this “bubble debate” was the perceptive financial mind Jim Chanos who is credited with predicting the fall of the once robust…

  • Strategic Bargaining in Managerial Economics

    The strategic view of bargaining contends that one should look at bargaining as a strategic game of sequential and simultaneous moves. During strategic bargaining, one can gain an advantage by sticking to a committed strategy or taking a first-mover advantage (Froeb et al., 2018). The most pertinent aspect of strategic bargaining is the clarity of…