Economics : Page - 10

Factors that contribute to Australia's economic growthDiscuss about the Australia’s Economic Growth. Australia’s Economic Growth After two long decades of continuous economic growth, low inflation, a vibrant financial system, and reduced government debt, Australia entered 2016 facing a range of constraints. By and large, the reduced growth was predominantly driven by a sharp decline in the global prices of the economy&rsquo...

Current State of Micro and Small Enterprises in KSADiscuss about the Contribution of Micro and Small Enterprises. The contribution of the Micro and Small Enterprises has not received its full potential but it is clear from the findings that they are on the right tract. The KSA government has engaged in various initiatives and programs that will help boost the growth Micro and Small Enterprises. Nevertheless, there is a need for much m...

Current scenario of micro and small enterprises in the Kingdom of Saudi ArabiaDiscuss about the Strategies for Small and Medium Enterprises. The Kingdom of Saudi Arabia’s banking sector enjoys a substantial potential growth opportunity regarding micro and small enterprises. The economy of KSA contributes over 90 percent of all the registered enterprises besides sixty percent of the total employment. These figures are drawn from ...

Three sources of comparative advantage for KuwaitDiscuss about the Environmental and Economic Implications. In the economic context the theory of comparative advantage is concerned with the gains derived from the trade for an individuals, countries or firms which arises from the differences in their factor endowments and technological progress. Under the economic framework, economic models usually possess comparative advantage over th...

Economic OverviewDiscuss about the Legal and Regulatory Issues for GDP Growth. With the global slowdown and decreased pace of growth of developed nations, emerging economies are now being considered as the popular destinations for setting up and expanding business to earn sustainable profits. As a result, China is looked upon as the economic powerhouse by global firm for investment purposes. Even the expected GDP growth rate of...

Key Macroeconomic Issues faced by Singapore GovernmentDiscuss about the Singapore Productivity Growth Sluggish. This essay outlines the different macroeconomic events that are impacting and generating challenges for Singapore’s economy. With regard to this, slow global growth, aging population and looming US rate hike have impact on the economy. The essay comes as the restructuring agenda in Singapore’s economy. Furthermore,...

Impact of sharing economy on the traditional hotel industryDiscuss about the Interventions and Policy Instruments for Sustainable. The objective of this report is to analyse the concept of sharing economy and its impact on traditional hotel industry. In order to contextualise the analysis, Switzerland has been taken as the case study. Sharing economy is an emerging concept in economic discussion. In the era of globalisation and economic...

GDP of Australia and ChinaDiscuss about the Comparison of GDP Between Australia and China. The Gross Domestic Product presents the market value of the total goods and services produced by a country within a given time period. It helps to analyse the current economic position of an economy. It can be seen through analysis that Australia is one of the developed countries of the world with a good economic position and real GDP value (Hunt,...

Question: Discuss about the Report for Economics for Managers of Independent National Economy.   Answer: 1. (a) Globalization is the process that helps a national economy to become more incorporated as well as interdependent with another national economy. Globalization has been a continuing process for centuries. Globalization can also be usefully be imagined as a procedure that exemplifies a transformation in the spatial organization...

AnalysisDiscuss about the Economics for Business of Quality Business Product. Product differentiation is a concept used by producers of the market where there are many buyers and sellers and where the producers indulge in producing similar type of product. The producers use different methods to make the goods produced more attractive rather than price. The methods can be in form of advertisement, improving quality, discounts and attractiv...

What is Production Possibility Curve (PPC)?Describe about the Production Possibility Curve or Production Possibility. 1. Production Possibility Curve or Production Possibility Frontier (PPF) shows the possible combinations of production of two goods. It is a graphical representation of an economy’s output, which shows the efficient use of resources available in the economy. The assumptions for creating a PPF are: there are two goods...

Analysis of Monopolistic CompetitionDiscuss about the Economics for Business for In any Market Structure. In any market structure, an appropriate once-off expenditure on product differentiation will guarantee the firm’s ability to maximize economic profit into the future. The main aim of this part of the assignment is to discuss whether the expenditure on product differentiation guarantees firms ability to maximize profit in futu...

Reasons for the variation in the growth ratesDescribe about the Business Economics for the Terms of GDP Growth Rate. Table: GDP growth rate of India and Australia YEAR AUSTRALIA GDP GROWTH RATE (%) INDIA GDP GROWTH RATE (%) 2006 3.0% 9.3% 2007 3.8% 8.6% 2008 3.7% 3.9% 2009 1.8% 8.5% 2010 2.0 % 10.3 % 2011 2.4 % ...

Question: Discuss about the Econometrics for Stocks of Microsoft Outperforms.   Answer: 1. Stocks of Microsoft outperforms or under performs in the market. Solution A stock can be identified as underperformed stock or out performed stock based on the value of alpha of the regression equation. On performing the regression equation of the stocks of Microsoft from January 1998 to December 2008, the following solution was observed. ...

Types and sources of product differentiationDiscuss about the Economics Solutions for Product Differentiation. Product differentiation is the general marketing of products by creating minor variations from other products which are used by customers while making a choice. In economics or marketing, product differentiation is utilized in distinguishing a specific product from another which may be functionally same, but the differentiation h...

Marketing Strategy AnalysisDiscuss about the Competitive Marketing for Activities and Strategy Analysis. In the current competitive market, it is important for any company to keep a regular watch on the marketing activities of its rivals. Considering the marketing activities of the competitors is necessary to build a highly competitive strategy that will help the organisation to seek competitive advantage in the market  (Rosenbloom...

Product Differentiation and Market StructuresDiscuss about the Products Differentiation and Wage Rates. There are four types of markets structure. It is important for the investor to understand each and every of these structures before making investment decisions. The four structures include; competitive market, monopolistic markets, oligopoly markets and the monopoly. While in some like the competitive markets, the influence on price...

Forms of Market Structure and Pricing StrategiesDiscuss about the Reflective Analysis for Disruption and Public Policy. Production refers to the transformation of an input into a desirable service or product (output), through the addition of economic value. It can take three major forms, depending on technique (Kalirajan & Obwona, 2014). The first type is through separation, which takes the raw materials and extracts or separates ...

Gross Domestic Product (GDP)Discuss about the Gross Domestic Product Economy. The Gross Domestic Product (GDP) of a country is defined as the final monetary value of all the goods and services produced within the boundaries of the country in a given financial year. (Mankiw, 2006) The GDP of a closed economy is mainly composed of private consumption expenditures, private and public investments and government expenditures. (Dornbusch, Fis...

Question: Define about The Costing Methods Analysis.   Answer: Introduction: Costing Method is the name of a ‘tool box’, which is used by the authorities, decision makers of the organizations. In this box, there are various types of methods by which cost accounting is prepared. Different industries in the economy follow different kinds of ways to obtain their cost. The choice of technique from the 'tool box' depends on the...

Question: Evaluate the system for the taxation of returns on property holdings (owner occupied or investment property). What is its effect on: - equity - housing prices - the economy?   Answer: Evaluation of Taxation on Return of Holding Property: In Australia, there are many factors affecting the system of taxation on the return of the property holdings. The properties are owner occupied and investment property. In this study, there ...

Question: Discuss about the Scarce Resources.   Answer: Scarcity of resources implies the presence of fewer resources than what is demanded or needed to fulfill human wants and needs. These resources can be from any source, be it labor, land or capital resources. The problem of scarcity reflects the need to make sustainable economic decisions to manage the availability of resources that are needed for human needs (D’Esposito...

Product Differentiation and Economic ProfitDiscuss about the Economics for Business of Monopolistic Competition. The main motive of a firm is to maximise the profit. The product differentiation is a procedure of the firm to ensure its customer that its product has slightly different characteristics than its close substitutes. The product differentiation helps to achieve greater economic profit to the firm. Economic profit is the differenc...

Discuss about the case study Meal for Food, Families and the Market. Competitor Name Maggi Koka Nissin Position strategy ·         Maggie has positioned itself as the ‘the 2-minutes noodles (Ekström, 2016). ·         In the view of the customers, it is easy to cook and good to eat. ·&...

Describing the issuesDiscuss about the case study Business Strategy for Managerial Economics. This project analyses a business strategy of a mobile service provider. With technological improvement day by day, competition in product market is growing. To keep parity with the current trends, mobile service providers adopt various strategies. There are both advantages and disadvantages of the strategies. Application of Game theory helps to...