Category: Economic
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Economic Trends Affecting HR Strategies
One of the most important factors affecting HR strategies, hiring, and staffing is the economy. In this field of people management, there are various current trends, but two of them are essential. Nowadays, nearly all industries need workers who are proficient in digital technology, capable of efficient oral and written communication, and able to collaborate…
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Impediments to Political, Economic and Social Modernisation in Asia
Asia is regarded as the largest continent in the world. It spans from China in the eastern extreme and India in the west. Despite the fact that upcoming economies hail from this continent, some countries are still struggling in terms of making their social, political and economic systems better and modernised. Economic modernisation is characterised…
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Milton Friedman’s Life and Contribution to Economics
Table of Contents Biography Friedman’s contribution to economics Public policy positions Criticisms Conclusion Works Cited Biography Milton Friedman was an American economist, statistician, scholar, and an author who is remembered as the father of monetarism and a proponent of free markets. Milton Friedman is a renowned economist born on July 31, 1912 to Jewish immigrants…
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Unemployment, Labor, and Government Economic Forces
Economic articles are usually written with basis on economic theories, most of which are usually unarticulated or completely explained or defined by the authors of the articles. However, with respect to the newspaper articles presented in this paper, it is evident that some news articles are based on sound economic theories which are accepted by…
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Economics of Sport and Recreation
The productivity of the work force is becoming more and more qualitative. High quality productivity demands high mental alertness which requires a calm and trouble free mind. Thus the role of entertainment has increased many folds during the past decades. Sport, both as a participant and as a viewer is a major form of entertainment…
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The World Economic Forum – Risk Outlook 2013
Table of Contents Introduction Report Analysis Conclusion Bibliography Introduction More than ever, the world is susceptible to various risks that may hinder excellence of the global populations. With regard to the World Economic Forum report, eighth edition version for 2013, “the world is more at risk as the evident persistent economic weakness saps our ability…
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Measuring Economic Health Memo
Table of Contents Introduction Conclusion Works Cited Introduction Gross domestic product can be defined as the monetary value of all finished goods and services that are produced within a country within a specified time period. It is typically evaluated on a yearly basis and comprises all the consumption that has been recorded from the private…
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Australia’s Economic Status and Direction
Table of Contents Introduction Looking at Inflation Issues for Economy Business Cycle Employment in the Country Future Growth of Australian Economy Canadian Economy Conclusion References Introduction Australia is one of the few countries of the world that have been enjoying a high status on the economical front of the world when it comes to the…
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Ecological economics in “The Origin of Species” by Sir. Charles Darwin
Table of Contents Introduction Key features Strengths and weaknesses Difference with standard environmental/neoclassical economics Conclusion Reference List Introduction The study of human behaviour with respect to how human beings produce, distribute, and consume goods and services, commonly known as economics, is a wide and an engrossing field of study. Economics inquires about how economies work…
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Economic Price Theory on the Example of Time Warner Company
There is an important question of how much to charge for a product or a service. This is an important field for debates. But there is a more important one for the vendor to be concerned with. The question is: how much do customers value the products or services, and other intangibles that the company/vendor…