Category: Economics

  • The Oil Price Crash in One Word: “Inelasticity”

    Table of Contents Article Summary Economic Concept Opinion Reference Article Summary This article describes the latest oil prices crash that may be defined as historic. According to the May delivery contract traded for less than zero, the price for West Texas Intermediate crude “fell more than $55 to settle at a negative $37.63 a barrel…

  • Project Investment Analysis and Its Role

    Role of project investment analysis Investment valuation is important in determining the value of the proposed investment in the short term and long term since it provides answers on the net worth of a proposed project. Through investment valuation, it is possible to make clear projections into the future, in terms of the scope of…

  • Demand and Supply as Basic Concepts in a Market Economy

    A market economy is an economic system that relies on a free market to regulate the exchange of money, services, and goods. According to Opuni (2017), the prices in a market economy are determined by demand and supply, while the governmental interference is minimal. Demand refers to consumers’ willingness and ability to purchase products or…

  • The Improvement of the U.S. Economy

    Table of Contents Introduction Debatable Issues of Fiscal and Monetary Reforms The Overview of the U.S. Economy Experiences Works Cited Introduction The work reviews the issues, which constitute a core of the third American economic conference as well as their implications for global monetary policies. Mainly, the paper targets the issues of the U.S. fiscal…

  • “The Political Economy of the Environment” by J. Boyce

    In the book “The Political Economy of the Environment” by James Boyce, the author is concerned with how economic activities lead to environmental degradation. It focuses on the interaction between economics and the environment. According to Boyce (2002), economic endeavors not only affect the surroundings but the people around them. One of the factors explored…

  • India and Globalisation Barriers

    Table of Contents Introduction The Concept of Globalisation Globalisation Trends Barriers to Globalisation Hofstede’s Five Cultural Dimensions Work Ethics in India Conclusion Reference List Introduction This paper is based on the topic of globalisation. It seeks to explore the barriers which inhibit the phase of globalisation. Some of the barriers include the war on terrorism,…

  • Consumer Behaviour in the U.S. and UAE

    Table of Contents Introduction UAE v. USA in Cultural Terms Product/Service Suitability within Cultures Banking/Credit Services Works Cited Introduction The current marketing environment has been affected by various factors of globalization, both positive and negative. However, modern marketing is a product of standardization and globalization. Whenever there are instances of cross-cultural communication, all businesses that…

  • Russian Potential in Financial Consultancy

    Introduction Diversity in business, whether in service or good industry, assists a company in increasing its sales. When diversifying, it is important to analyze the new market that the company will be operating in to ensure that the diversification will be of assistance to the business. Financial consultancy is a current form of service business…

  • An Industrial Relations Perspective

    Table of Contents Introduction Increased Resilience among Young Employees More Flexibility Witnessed in Employer-Employee Relationships Increased Individual Responsibility and Social Sensitivity Conclusion Reference List Introduction Uncertainties in the global economy caused by, among other factors, the 2007/2008 economic recession, technological progress and climate change have had an impact on the nature of industrial relations due…

  • Reflections on Kelton’s Vision on Federal Deficit

    Table of Contents Introduction Kelton’s Core Idea and its Weakness Conclusion Bibliography Introduction The article contains a number of significant points that seem relevant to discuss. However, its core idea might be contradictable to an exact extent. Visram gives a brief but consistent overview of the arguments from Stephanie Kelton’s new book – The Deficit…