Category: Economic
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Measuring Economic Development: Human Development Index
Table of Contents Abstract Introduction Literature Review Method of Analysis Analysis Conclusion References Abstract This paper discusses the economic development of China and India on the basis of the Human Development Index. This topic started to attract scientists’ attention several years ago as they turned into the leaders in economic development and began to improve…
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Economic Theory of 3rd World Country
Bangladesh is a third world country with an estimated income per capita of more than $1,500 (Gillan, 2010, p. 6). In recent years, the country has been experiencing a good and sustainable economic growth rate of 6-7 % (Gillan, 2010, p. 13). It should be known that economic theory is the substantiation and explanation of…
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Economic Benefit and Effect of Electric Cars
Table of Contents Introduction Discussion Conclusion Introduction The increase in fuel prices contributes to high costs of living globally. The shortage of petroleum products increases their prices because the supply curve shifts to the left, thus changing the equilibrium point. The transportation industry is often the most affected by a rise in fuel prices. However,…
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The Economic Performance of the United Arab Emirates
The aim of this paper was to analyze the economic performance of the United Arab Emirates (UAE). In particular, the paper focused on the effect of the decline in economic growth rate in 2012 and the fiscal policy that can be implemented to boost economic growth. The IMF predicted a reduction in economic growth of…
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Burberry Business Expansion: Brazil’s Economic Conditions
Burberry is an internationally recognized brand of luxury products with a long history of service and an international distribution network. The company is looking to expand into new markets, and has retained this firm to research and provide an in-depth country report on several countries that are under consideration for development. The purpose of this…
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Fair Trade, Its Factors and Economic Arguments
Table of Contents Introduction Economic Argument for Trade Factors That Enforce Fair Trade Factors That Hinder Fair Trade Conclusion Bibliography Footnotes Introduction In economics, trade infers to the buying and selling goods and services where the buyer makes compensation by paying the seller. A trade could also entail the transfer of goods and services from…
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Education, Human Capital, and Economic Growth
Table of Contents Human Capital External Benefits of Education Education Contributions to Economic Growth Human Capital Human capital is a set of knowledge, skills, and experience used to meet the diverse needs of individuals and society as a whole. In the broad sense, it is an intensive productive factor of economic development, including the educated…
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Economic Worth Of The Tourism Industry
Table of Contents Overview of tourism and economic development Tourism and economic opportunities Tourism and the creation of income and employment Tourism and balance of payments Tourism as a stimulator of investment in economies Competition in the tourism industry Works Cited Overview of tourism and economic development Economists are focusing their attention to the tourism…
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China’s Rapid Economic Development
Table of Contents Introduction Development economics Development strategies Change in economic views Free market Joining WTO Conclusion List of References Introduction The rise of the Communists into the realms of power after the Chinese Civil War in 1949 was to usher China into a new form of political economy (Chow 2007: 13). The Communists set…
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“Contemporary Labor Economics”: Book Summary
Table of Contents Chapter Seven Chapter Eight Chapter Nine Chapter Ten The book, “Contemporary Labor Economics” by McConnell, Brue, and Macpherson discusses comprehensive issues surrounding labor economics and variable that interact within its parameter. Factually, the authors are specific on theoretical perspectives, trial of these theories and presentation of their results in an interesting gesture.…