Economics : Page - 7

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...

The Relationship between Capital Accumulation and Economic GrowthHow Capital accumulation is directly related to economic growth? Explain. Capital accumulation is directly related to economic growth. As capital per labour increases for a given technology, marginal productivity of the labour rises. Excess employment of capital per labour reduces productivity of the labour, when amount of labour is fixed. As productivity of labour rise...

The Economies of Australia and ChinaDiscuss about the Economics for Business for GDP.  The prime purpose of this study is to discuss the GDP (Gross Domestic Product) comparison between two countries. In order to elucidate the topic, the study has considered the countries Australia and China. Through elaborating two different economies of these countries, the study establishes a clear knowledge about the topic. In addition, the s...

Using the Expenditure Method to Calculate GDP Question: Discuss about the Economics Assignment for Gross Domestic Product. Gross Domestic Product (GDP) of a country is defined as a sum total of all final goods and services produced in an economy within the territories of the countries. There are three methods of calculating GDP, income method, expenditure method, and production method. In income method, the annual income of all individuals of ...

Methods of Measuring GDPQuestion:Explain about the Gross Domestic Product. In current, GDP (Gross Domestic Product) is considered as one of the major quantitative technique that plays a significant role in order to measure economic activities of a nation. Along with this, GDP is also valuable to signify the monetary value of all goods/services that are produced within geographic borders of a nation over a particular period of time. Moreover...

Salient Features of Grey Teak Technology WebsiteQuestion:Write a report about the Grey Teak Technology of Australia. The report highlights some of the main features of the website of the company Grey Teak Technology of Australia. The head office of the company Grey Teak Technology is situated in city Melbourne of Australia. The company mainly deals with the development of software for its clients. The company has launched a new website for ...

The Significance of GDPQuestion:Compare Australia with any other advanced economy and discuss their GDP last 2 to 5 years and factors affecting their GDP. It is well-known that, at the present time, Gross Domestic Product (GDP) is measured as a powerful tool and techniques that plays a significant role in order to evaluate the economic as well as financial heath and position of a nation. On the other hand, it soul also be noted down that, G...

Details of the tax cut for small business ownersQuestion:A  report on the government’s tax cut for small businesses.  In the federal budget of 2015, the government announced the tax cut for small business owners. The prime minister confirmed that the tax cut will be 1.5% for the small business owners in Australia, whereas the big business owner will not receive any kind of tax deductions. This tax regime opted by the government ...

GDP; the ConceptCompare Australia with any other advanced economy and discuss their GDP last 2 to 5 years and factors affecting their GDP  The gross domestic product or GDP is generally known as the measurement of economic growth of a country in terms of quantity (Arnold, 2008). More precisely, it is better known as the value of the commodities that are produced within a country in a specific time period like one year. The GDP is a s...

Steps taken by the Japanese government to recover the economyDescribe about the Macroeconomics for Theory of Unemployment. The article discusses the recovery of Japan’s economy after the recession in the first quarter of the year 2015. The Gross Domestic Product has increased by 0.4% in the first quarter i.e. during the period between January to March and annually 1.7%  The rise in the GDP was mainly due to the boost in consume...

Question: To demonstrate the master budget and all of the supporting budgets, use the data set provide to complete a comprehensive budget problem?   Answer: Solution: 1 Cash Collection Budget Particulars January February March Quarter Cash Sales  $    24,000.00  $ 27,600.00  $ 29,700.00  $    81,300.00 Credit Sa...

Purpose Of The StudyDescribe the factors that determine the price of mobile phone devices in a free market. In recent years, the price of an average mobile phone has continued to fall even in the face of increasing demand. Explain with the aid of a diagram how this has occurre? In the world of innovation and advancements, the expansion and growth of the mobile phones and technologies has come up to the forefront and gained huge attention ...

Background of the Study1. Understand the context within which the research investigation sits: What is fracking and how can it replace the current fossil fuels. 2. Identify and examine current literature on the topic, and explore any gaps in previous research.  3. Explore the key attributes of fracking and how the process impacts both the oil and gas industries and the environment surrounding it.   4. Analyse t...

Comparison of Operation Strategy of Apple, IBM and SamsungDescribe about the Decomposition of Coal Consumption in China Based on The Energy Allocation ? The operation strategy of any organizations usually differs from other organization. Organizations’ highly invest their time in building strategy for the purpose of earning better market growth, customer base and better productivity from their operation. Therefore, the current ass...

ActivitiesDiscuss about the Teachers Learning for Professional Development and Education? The learning context in this chapter finds variable position of personal and professional development that develops various skills, knowledge, objectives and behavior in this research. To make this idea evident, I will find a definite area that will make my development good on varied sections of learning content. It would also reflect to my future ...

Reasons behind the fluctuation of oil priceHow Oil Price Affect Aggregate Supply Of An Economy? Various economic researches have been done on global oil price shock during the last few decades. To understand the relation between global oil price shock and global economy many empirical and theoretical models has been emerged by an economist. The global economy is suffering from various oil price shocks since 1970. Oil price shock is an e...

Background of the Nation – RussiaDiscuss about the Report on Petroleum Industry for Russia? During the period of the twentieth century, the demand for petroleum was very high in the marketplace. Many countries around the world have started producing petroleum and traded the oil in the marketplace and generate high revenues for the nation. One of the key indicators of the financial activity of the nation was measured by trading pet...

Background of the Country – Saudi ArabiaDescribe about the Contribution Of Oil In Economic Growth Of Saudi Arabia? In between the year 2002 and 2008, there are a rapid changes observed in the prices of the petroleum in market. The main areas of the oil industry in the market of the world are a unpredicted modification in association and political scrutiny. The quick changes in the price of crude oil in market also affect the finan...

The Key Difference Between Macro Economics And Microeconomics1. Explain the distinction between macro and microeconomics? 2. Using a diagram, explain why an economy’s income must be equal to its expenditure? 3. Should policy-makers care about GDP? Explain your answer.? Economics is the social science of choice. It deals with  how people choose the scarce resources efficiently in order to produce various commodities and also...

Procedures that can be followed in this case as the best possible action in this matter:Describe about the Essay on the Shaping Europe's Migration Policy New Regimes for the Employment of Third Country Nationals? The smooth functioning of an organization, to a great extent, depends upon relation between the employees with the employer. If an employer enjoys certain rights, depending on which he can take various decisions in the company,...

Cause and effects: overviewHow oil prices affect the AD or AS of an economy?  Please select one of the below: •  The petrol exporting nations •  Petrol importing nations Price of oil is a major issue of concern for every economy from its exporter to its importers. It is the key which controls the economy’s growth and prospect directly or indirectly. If the price of oil increases, it influence the energy...

Fall in the oil pricesa) Identify the nature of resource cost structure and the practical significance of different costs; b) Explain the factors influencing optimum size and the significance of demand and supply relationships; c) Demonstrate an understanding of the relevance and limitations of economic theory to management decisions.? The main aim of the study is to analyze that how the oil prices have an impact on the aggregate supp...

Identification and Discussion of the economics concepts and models that will be suitable for analyzing the news articleWrite an essay on Macroeconomic Concepts to Real World Events? Macroeconomics is the subset within economics which is concerned with large-scale, economy-wide events, such as gross domestic product, national income, unemployment etc. The article referred to in this essay is “Italy Still Stuck In Recession But See...

Part AThe assignment is as the following: Part a): Behavioral Economics Definition and Motivation: Define behavioral economics, behavioral biases, and counter-balancing strategies using Ross and/or Dan Lovallo & Oliver Sibony terminology. Discuss the pros and cons that motivate corporations to be concerned about Behavioral Economics. Discuss positive and negative impacts on corporations of behavioral bias both on the part of CEO's as well ...

Executive SummaryDescribe about the Malaysian insurance company Etiqa Insurance and Takaful and the social, economic and ethical contribution undertaken by the company? This particular assignment is based on the Malaysian insurance company Etiqa Insurance and Takaful and the social, economic and ethical contribution undertaken by the company. A short introduction presents the contribution of the Malaysian Insurance companies on the loca...