Category: Economics

Table of Contents Introduction Literature Review Case Study Conclusion and Directions for Further Research References Introduction The phenomenon of digital nomadism or the existence of a group of people that leads a “mobile lifestyle,” constantly changing places of residence, and also uses digital telecommunication technologies to fulfill their professional duties (as a “suitcase entrepreneur”) and…

Table of Contents Introduction Summary Critique Application Policy Review Conclusion References Introduction Globalization is an inevitable consequence of human development due to advanced technology and more efficient transport and communication solutions to allow the movement of people and the transfer of goods. However, globalization is a phenomenon with both positive and negative implications on human…

Table of Contents Introduction International Trade Theory Internalization theory Vernon’s Product Cycle theory Limitations Mercantilism Theory of Absolute Advantage References Introduction International Business has been written by Charles W. L. Hill. This book is not only inspiring but it is also quite enlightening. The author has a Ph.D. in industrial economics from the University of…

What economic principle justifies the high salaries of some professional athletes? Suppose the manager of a baseball team wants to hire a new pitcher for $4 million per year. Under what circumstances would it make sense for the team to do so? Today many people could be surprised by the fact that sportsmen playing football,…

The article Backyard without Fences provides an ingenious analysis of the dynamics of the American consumer product market. The insights provided in the article as well as the recommendations that the authors give to the consumer product companies in the US are not only accurate, but also backed with sound empirical research. The article focuses…

Table of Contents Systemic risk and stability The collapse of the financial system and market Financial institutions get into trouble while owing other institutions money Policy makers should protect the stability of the financial system RBA ensures financial system of Australia is stable RBA plays a very important role in enhancing systematic stability Reference List…

Table of Contents Introduction Body Conclusion Works Cited Introduction Consumer behavior refers to buying trends exhibited by consumers in all markets. Consumer behaviors are not static as they change with the market dynamics. The behavior of consumers may be influenced by several factors. For example, consumer behavior may be influenced by peer pressure where consumers…

Human beings have tendency to be driven by self motivated interests although do not want to be perceived as servers of their own interests (Lipsey & Chrystal, 2007). However, existence of moral ethics that ought to be followed has obliged mankind to act differently especially when in groups (Keat & Abercrombie, 1991). As such, individuals…

Table of Contents Abstract Introduction Description of the Topic Relevance of the Topic Research Findings Conclusion References Abstract Property ownership is something that has been described by many analysts, philosophers, and scholars for very many centuries. According to the law, the property title is used as the legal evidence showing that a given individual has…

It was unexpected that the mortgage crisis that occurred in 2007 in the U.S. would have the effects it had on the European economy. The crisis was caused by the financial repercussions of an economy open to borrowing, and with good borrowing terms. This is to say that poor financial modelling, coupled with the misconception…