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Economics coursework, term papers on Economics, Economics essays
Adam Smith was born in Kirkcaldy, Fife, Scotland. His exact date of his birth is
unknown but he was baptized on June 5, 1723. At the age of fifteen, Smith began
attending Glasgow University where he studied moral philosophy. In 1748 he began
giving lectures in Edinburgh where he discussed rhetoric and later he began to
discuss the economic philosophy of the “simple system of natural liberty”
which... Full-text essay
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Since the agricultural transformation began in the United States, the United
States only seemed to improve agriculturally. The Western Hemisphere was the
first to progress towards this transformation, displaying the United States as a
leader in agriculture. As stated by Dan Hillel in The Agricultural
Transformation, “The Agricultural Transformation is very likely the most
momentous turn in the pro... Full-text essay
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A major transition in the modern energy age began in the 1970s, when the big
nation’s industry started to grow up rapidly. The use of oil was very
important and overnight, oil prices shot through the roof, and the trend of
ever-cheaper, ever-more-plentiful energy sources were in need. Another player on
the modern energy stage is nuclear power. An industry that didn't exist 40 years
ago is now at a... Full-text essay
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AMX Resources: Share Prices and Company Details Company Details Directors ID
Love ( Director, Non-executive Dir. ) MJ Palmer ( Chairman, Director,
Non-executive Dir. ) W Loxton ( Managing Director ) C Ansell ( Non-executive
Dir. ) B Camarri ( Non-executive Dir. ) With the $30,000 I had to invest I
bought 37980 shares in the company at $0.79. Then I waited and hoped that they
would go up. When the ... Full-text essay
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While antidumping doesn't get a lot of press, it is certainly one of the biggest
issues that the WTO is dealing with today. During the recent WTO Ministerial
Conference in Seattle, much was mage about protesters who were demanding higher
environmental standards or international labor standards. Little was mentioned
about antidumping. However, In the midst of the many demonstrators there were
steel... Full-text essay
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January 10, 2000, one of the largest, most powerful mergers was announced to the
world. Media giant Time Warner will join forces with the Internet superstar,
America on Line. The $183 billion dollar deal is the biggest in history. In the
recent past, there has been a wave of merger-mania, both in the United States
and in Europe. The merger of the Millennium is between America on Line and Time
War... Full-text essay
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Argentina lives in a democracy
since 1986. Before this year lived it under a military regime. In the nineties
under the presidency of Menem the country experienced a great increase in the
liberalization of trade. Argentina has a free market economic system. Due to the
recent privatization program, the State now has a very limited role in the
economy. According to the Competitiveness Report of... Full-text essay
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A large economic downturn in East Asia threatens to end its nearly 30 year run
of high growth rates. It is hard to understand what these declines will actualy
do to the world market. The crisis has caused Asian currencies to fall 50-60%,
stock markets to decline 40%, banks to close, and property values to drop. The
crisis was brought on by currency devaluations, bad banking practices, high
foreign... Full-text essay
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The financial crisis that erupted in Asia in mid-1997 has led to sharp declines
in the currencies, stock markets, and other asset prices of a number of Asian
countries. It is hard to understand what these declines will actually do to the
world market. This decline is expected to halve the rate of world growth in 1998
from the four percent that was projected pre-crisis to an estimated outcome of
ab... Full-text essay
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The crisis began in Thailand in July 1997 and spread to Indonesia, the
Philippines and Malaysia, then to Hong Kong, Korea and Japan. Financial systems
in Thailand, Korea and Japan all came under intense strain, but nowhere as
destructively as in Indonesia, which by early 1998 had become the worst-affected
victim. The 1997 Asian financial meltdown began in Thailand on July 2 after the
collapse in l... Full-text essay
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A large economic downturn in East Asia threatens to end its nearly 30-year run
of high growth rates. The crisis has caused Asian currencies to fall 50-60%,
stock markets to decline 40%, banks to close, and property values to drop. The
crisis was brought on by currency devaluations, bad banking practices high
foreign debt, loose government regulation, and corruption. Due to East Asia’s
large impact... Full-text essay
Economics coursework, term papers on Economics, Economics essays
There are many speculations about the causes of the Asian Crisis. From my
research I found out that there is quite a number of reasons for the Asian
currency crisis. There is a book called; The East Asian Miracle, which was
published by the World Bank. This book expressed the relationship between
government, the private sector, and the market. (See Hoover Digest 1998 No.3.
William McGurn. What wen... Full-text essay
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In his book Asiaís Miracle Economies, Jon Woronoff examines the dramatically
quick economic growth of five Asian countries. The five countries examined are
Japan, Taiwan, Korea, Singapore, and Hong Kong. Through his study the author
demonstrates that there was no miracle involved in these countries growth. They
applied specific strategies that were adapted to their local environment. Some
of these... Full-text essay
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Have you ever been in a situation where you were low cash and in debt? Well, I
know I have. I remember one time when I had used up all of my money for the
month, and owed, at the same time, my sister ten dollars. Boy, that was pure
hell. You can’t buy anything, and you feel like you have no control over
anything. Well, imagine an entire continent in a financial rut. That is what is
currently going... Full-text essay
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There is no industry more present in the world-wide community than the
automobile industry. The automobile has changed the lives, culture, and economy
of the people and nations that manufacture and demand them. Ever since the late
1800s when the first “modern” car was invented by Benz and Daimler in
Germany, the industry has grown into a billion dollar industry affecting so many
aspects of our liv... Full-text essay
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Discuss the
tradeoffs that Bagby faces in choosing between specialized and broad task
assignment.
Bagby Copy Company manufactures 10 different copiers. The main part of these
copiers is a wiring bundle. This device is plugged into various components
during the assembly process. · They can assign each major task in this process
to different employees using a broad task assignment or one indi... Full-text essay
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Although the balance sheet was first implemented just a couple of centuries ago,
it has quickly developed and sophisticated to become nowadays a widely used and
powerful tool in the hands of professional users, well known and popular even
among the mass public. In spite of its prominence, or may be because of it, the
balance sheet can not be easily and fully described in a few words, but still,
if... Full-text essay
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The Barbados is a small country located in the Caribbean, island between the
Caribbean Sea and the North Atlantic Ocean, northeast of Venezuela. It’s about
2.5 times the size of Washington, DC. The population of the country is 256,395,
with a growth rate of .25%. 80% of their population is African American and the
most common language is English. The Barbados government is a parliamentary
democrac... Full-text essay
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DURATION, SENSITIVITY AND PLA IN BONDS
would like to help some of you with a general explanation on how to calculate
sensitivity and PLA in bonds. Many of you may know these issues, but I prefered
to send a general message. Please disregard this CM if this is your case. The
market factor (what generates the risk) in a bond, is the yield (the interest
rate embedded in the investment). This means ... Full-text essay
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An Economy Recovering From Chaos.
earned the reputation of being a “miracle economy” in the late 1960s when
double-digit annual growth rates were recorded and the structure of the economy
underwent rapid change. Since 1981, however, Brazil’s economic performance has
been poor in comparison to its potential. The country’s dramatic reduction in
output growth, which averaged an annual GDP growt... Full-text essay
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Most
people think that religion and economics don’t mix. So you would think the
same in the case with Buddhism and economics. But actually the there is a set of
rules that go along with our modern day economics that have their own meanings.
Buddhists believe that spiritual health and well being go hand in hand. They use
the fundamentals of practical ecnomics and mix it with the values and mor... Full-text essay
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On January 1, 1994, Canada, Mexico and the United States passed the North
American Free Trade Agreement (NAFTA). Promoted to Congress by the Clinton
administration, with the assurance that it would give rise to more jobs -
exactly how many though, is not precisely known. Yet, according to the Journal
of Commerce, the U.S. went from having a $5.5 billion trade surplus with Mexico
before NAFTA,... Full-text essay
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Canada has been increasing its prestige as a high-tech, industrial, society
since the end of World War II. In many ways it resembles very closely its
southern North American cousin, the United States. Some of those similarities
are residing in its market-orientated system, pattern of production, and its
high standard of living. Most years following the war up to the present, Canada
has experienced... Full-text essay
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Should the government of Canada continue to support the universality of social
services by increasing the proportion of salaries given to income tax? This
question hits a very touchy spot for all Canadians because some agree that a
higher portion of an individual's salary should go to income tax, so a better
standard of living could be made by all Canadians, instead of just to the
financially bles... Full-text essay
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The free market economy is a system devised to resolve the basic economic
problem (resources having to be allocated to many competing users that have
infinite wants) through the market mechanism. The centrally planned economy is
an economic system where government go through detailed planning procedures to
allocate resources in society. The Free Market Economy: The government provides
public goods... Full-text essay
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Capitalism and Communism are two totally different economic systems. Capitalism
is a much better economic system than Communism. Capitalism is an economic
system characterized by freedom of the market and is the economic system where
you do not have freedom because the government will make most of your decisions
for you. Capitalism has many pros to go along with its economy. The government
will ch... Full-text essay
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Assuming no pollution, explain why a road is only an example of market failure
when it is congested. When a road is not congested and the traffic can move
freely along it, the private cost is equal to the social cost. The road is non-rivalrous
because everybody who wants to use it can. For every user that uses the road
above the amount that makes the road rivalrous, they have to pay the externalit... Full-text essay
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Two years after the death of Mao Zedong in 1976, it became apparent to many of
China's leaders that economic reform was necessary. During his tenure as China's
premier, Mao had encouraged social movements such as the Great Leap Forward and
the Cultural Revolution, which had as their bases ideologies such as serving the
people and maintaining the class struggle. By 1978 "Chinese leaders were
s... Full-text essay
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For various reasons, China has always been an important country in the world.
With its increasing large population, it was determined by other countries that
is has a lot of economic potentials. In just one decade and a half, China has
transformed itself from a giant that use to live in poverty into a wealthy
powerhouse to the world economy. With one-fifth of the world¡¦s population,
China is now ... Full-text essay
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After North America, Europe, and Japan, the area of China, Taiwan, and Hong Kong
"is a fourth growth pole in the world economy" (Jue 108) which in 1994
was expected to double in size by 2002. Today, the growth rate is still on track
to fulfill that prediction. Recent Chinese economic policies have shot the
country into the world economy at full speed. As testimony of this, China’s
gross ... Full-text essay
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Two years after the death of Mao Zedong in 1976, it became apparent to many of
China's leaders that economic reform was necessary. During his tenure as China's
premier, Mao had encouraged social movements such as the Great Leap Forward and
the Cultural Revolution, which had had as their base ideologies such as serving
the people and maintaining the class struggle. By 1978 "Chinese leaders
wer... Full-text essay
Economics coursework, term papers on Economics, Economics essays
years after the death of Mao Zedong in 1976, it became apparent to many of
China's leaders that economic reform was necessary. During his tenure as China's
premier, Mao had encouraged social movements such as the Great Leap Forward and
the Cultural Revolution which had had as their bases ideologies such as serving
the people and maintaining the class struggle. By 1978 "Chinese leaders
were s... Full-text essay
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The social values and history have shaped and formed the economical developments
and the current environment of business in the People's Republic of China. They
have determined the patterns for negotiation and the Chinese perceptions of
business, and their feelings towards westerners. The implicit and explicit rules
that the Chinese society has on the development of businesses, and the economy
in ... Full-text essay
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If China's economy grows as fast for the next 20 years as it has for the past
14, it will be the biggest economy on earth: I feel that China's drastic
improvements over the last 14 years are overwhelming, with their Real GNP
growing at a rate of 9% a year, which means by, 1994, China's economy will match
the performance of countries like Japan and Taiwan. China's standard of living
has also increa... Full-text essay
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Gradualism is naturally the most feasible approach to any situation. Since the
fall of the iron curtain, these two Communist power houses have chose to move
towards democracy. China has chosen to take the natural, more gradual approach
to democracy where as Russia has chosen the fast-paced, more dangerous approach.
These two nations have chosen to change their economies from a collectivized
comman... Full-text essay
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The movie brings up an interesting idea that many people in the public don't see
or hear about very often. The idea that the big corporations often don't take
into account the safety of the people that work for them or the people that live
around the factories. These big corporations are run entirely by money and the
idea of what things will cost and how much money they can possibly make. Too
many... Full-text essay
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For this paper I have gathered quarterly data on the sales of Calloway Golf
Company from 1995 to the third quarter of 1999,and will attempt to fit a time
series model using the Classical Decomposition Method, which uses a multifactor
model shown below: Yt = f(T,C,S,e) where Yt = actual value of the time series at
time t f = mathematical function of T = trend C = cyclical influences S =
seasonal in... Full-text essay
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Coca-Cola company started out as an insignificant one man business and over the
last one hundred and ten years it has grown into one of the largest companies in
the world. The first operator of the company was Dr. John Pemberton and the
current operator is Roberto Goizueta. Without societies help, Coca-Cola could
not have become over a 50 billion dollar business. Coca-Cola was invented by Dr.
Joh... Full-text essay
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In
1994 the UK had a Balance of Payments current account deficit. Explain the
possible effects that this deficit might have upon the economy Discuss what, if
anything the UK Government could have done to reduce or eliminate this current
account deficit. The balance of payments is a record of one country's trade
dealings with the rest of the world. Any transaction involving UK and foreign
cit... Full-text essay
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People looking to trade in their old car for money off of their new car become
discouraged with the low trade in value, and decide either not to buy a new car
at all or to buy a cheaper model. The lower car sales is a reduction in demand,
because the decrease in resale value of used cars is not changing the prices of
the new cars, as a change in quantity demanded would suggest, it is changing
what... Full-text essay
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Information about cash flows can influence decision makers in many ways . For
example , if a company’s regular operations bring in more cash than it uses ,
investors will value the company higher than if property and equipment must be
sold to finance operations . Information about cash flow can help creditors
decide whether a company will have enough cash to pay its debts as they mature.
Managemen... Full-text essay
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Economic growth refers to the rate of increase in the total production of goods
and services within an economy. Economic growth increases the productivity
capacity of an economy, thereby allowing more wants to be satisfied. A growing
economy increases employment opportunities, stimulates business enterprise and
innovation. A sustained economic growth is fundamental to any nation wishing to
raise i... Full-text essay
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Economic growth can be defined as increases in per capita real GDP (gross
domestic product) measured by its rate of change per year. Growth rates are very
important because even a small change can make vast difference in the coming
years. The knowledge of economic growth is also important because it can provide
the means to allow us to gain valuable insights. According to Robert D. McTeer,
preside... Full-text essay
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The
million (or should we say 'billion' now) dollar question is whether or not the
United States' economy will stay in it's record 107 month expansion (according
to the index of leading indicators) or come out of the boom and take a downturn
into a recession. Nobody, including the Chairman of the Federal Reserve, Alan
Greenspan has a crystal ball to provide insight as to what will happen if
... Full-text essay
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The Classical model of the economy says that all markets always clear. The labor
market failing to clear does not exist in the Classical model because of
competitive exchange equilibrium in which prices and quantities always adjust
perfectly. The Classical model is of a closed economy and the variables are real
output, employment, real and nominal wages, the price level, and the rate of
interest. ... Full-text essay
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COMPANY GIVES OUT COMPLIMENTARY CALENDARS?
always associate the month of December with flood season especially in Kelantan
& Terengganu. December also normally become a vacation period for most of
Malaysians as this time of the year coincide with school holiday and people are
finishing off their annual leaves to be with their family. You might be
wondering what December has to do with the eco... Full-text essay
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Does
greater economic openness between nations lead towards economic growth and
convergence? Greater economic openness between nations does lead towards
economic growth and convergence. All of the first world countries demonstrate
greater economic openness then third world countries demonstrate. Although
economic openness may be a solution to gain economic growth and convergence,
free trade ... Full-text essay
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The
U.S and the world economy like everything else have its ups and downs. The
government plays a crucial role in deciding how the economy will set over time.
An Economist by the name of John Maynard Keynes felt that if either inflation or
unemployment got out of hand, the government could adjust the business cycle to
balance the economy. Keynes was more geared toward the bigger picture and
... Full-text essay
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Whether it be through intensified media attention, or due to the efforts of
prominent scientists and other members of society, we have become increasingly
aware of the detrimental effects that technological advances in industry and
agriculture have on the global environment. However, as Carl Sagan points out in
“Pulling the Plug on Mother Earth” awareness is not enough, nor is
society’s response t... Full-text essay
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The roots of modern day regulation can be traced all the way back to the late
1800's and found in the form of antitrust. By the beginning of the 20th century,
the U.S. government had formed the interstate Commerce Commission to regulate
the railroad industry, and shortly thereafter, many other regulatory commissions
were founded in the transportation, communication, and securities fields. The
main... Full-text essay