Category: Economic

  • Jamaica: Economic Situation Issues

    It is impossible for citizens of Jamaica to visit the US without providing a large amount of information about themselves and their lives, as they are unwealthy and therefore are suspected of ill intentions of their visit. The international monetary fund has imposed many devaluations in the country, which led to the local currency getting…

  • Review of “Misbehaving: The Making of Behavioral Economics” Book

    Table of Contents Background Summary Economic Concepts, Theories, and Models Evidence Critical Review of the Book’s Arguments Concluding Recommendation References Background Richard Thaler is an American economist, a scholar, and an educationist. He has spent several years teaching economics at institutions of higher learning in the country. The book, Misbehaving: The Making of Behavioral Economics,…

  • Economics for Transport Managers

    Table of Contents Market for laptop computers Unemployment Reserve Bank of Australia’s monetary decision References Market for laptop computers As mentioned in the case study, the research found a strong evidence of a positive relationship between computer usage and fatigue among school children. This implies that the more they use the computers the more fatigued…

  • Economics of Individualism and Collectivism

    At the cultural scale, the individualism-collectivism component refers to how one regards the person in relation to the collective. Individualist cultures (the United States, the United Kingdom) prioritize success and recognition. In turn, collectivist societies (Mexico and China) promote family stability, responsibility, and adherence to cultural standards. Individuals may experience normative pressure to adhere to…

  • Unemployment as a Local Economic Issue

    Table of Contents Introduction Fiscal and economic policy Conclusion Introduction Regardless of the economic state of affairs, unemployment is present in every country and is only differentiated by the unemployment rates in different countries. Unemployment is contingent on numerous factors, and this research is explicitly focused on these aspects. The evaluation of these aspects is…

  • Importance of Symbolic Capital in Economics as Taught in Schools

    Table of Contents Introduction Literature Review Results Discussion Conclusion References Introduction Symbolic capital is described as a resource of “honorability” that is maintained by specified behaviors (“honor behaviors”) that reveal a specific type of individual and communal strategy that is not fully realized. It is also defined as the resources available to an individual based…

  • Trans-Pacific Partnership Agreement: Trade and Economics

    Table of Contents Introduction Aims of the Agreement Advantages of the New Partnership Projected Economic Outlook Non-Tariff Measures Intellectual Property Rights Supply Chain Integration Conclusion References Introduction Trade agreements between nations have become the signature of globalization as countries come together to negotiate deals. Countries as business entities have spiced the diplomatic world to engage…

  • The Bank of Canada and Economic Issues

    Table of Contents Fiscal policy in Canada Monetary policy in Canada Inflation Imports and exports Works Cited The bank of Canada is central or national bank. Like in Canada, almost all countries worldwide have made sure that there is an establishment of central bank to help in dealing with monetary policy. Central bank does not…

  • Zimbabwe’s Agriculture Sectors: Role in the Economic Development

    Table of Contents Introduction Aim Conceptual Clarification Conceptual Framework Discussion Analysis/Strategic Solutions Conclusion Recommendations Bibliography Footnotes Introduction This report is dedicated to exploring the agriculture sectors of Zimbabwe and their role in the economic development of the country. Agriculture can be considered a prominent branch of the Zimbabwean economy. About 57% of women aged between…

  • Australia’s Economic Processes and Government

    Table of Contents Introduction Analysis Conclusion Reference List Introduction The modern Australian society is very demanding of people, the government, and businesses. The interdependence between taxation benefits offered through subsidies and the rate of interest, all have an effect on how the country is developing. International relations also play a role, as the products and…