Satisfying demand: W. S. Jevons and the law of diminishing marginal utility
Thesis - 5 pages - Economy general
W. S. Jevons' The Theory of Political Economy marks the shift from classical to the development of neo-classical economic theory in the nineteenth century. Classical political economy originated in the eighteenth century as an expansion of moral philosophy, uniting observation of facts with...
Keynesian economics: The transition to the Washington consensus
Thesis - 5 pages - Economy general
Recent political events concerning the international economic downturn have revived the discussion of Keynesian economic theory due to the apparent failure of free market neo-liberalism. On 26 September, 2008, French President Nicolas Sarkozy remarked that “we must rethink the financial...
Global cities in crisis: Mumbai and the housing crisis
Thesis - 3 pages - Economy general
When it comes to examining global city regions, it is clear that elites within the city have to deal with two processes at the same time: globalization and continuing devolution of the state. These are trends that create opportunities and challenges. Global cities are complicated because they...
Economic profile: Kamloops, British Columbia
Thesis - 5 pages - Economy general
Kamloops, British Columbia is an interesting city when it comes to social economic development. This is true because the community is one that draws on many different industrial sectors to drive its economy: agriculture, mining, forestry, manufacturing, transportation, tourism and high...
Labor market inequality in Canada
Thesis - 4 pages - Economy general
When Canada was conceived it was in the early stages of the industrial era, it was an economy that was still a manufacturing based society, it was based on an abundant work force and viable transportation infrastructure. As the nation grew though, it developed into a post-industrial society that...
Reasons for small business success and failure: Reflections of a literature review
Thesis - 4 pages - Economy general
Within all major economies, the role of the small business is significant; as such it is important to understand the factors associated with why some small businesses fail and why others are successful. For the purposes of this paper we will assume that a small business is a for-profit enterprise...
Globalization's winners and losers
Thesis - 3 pages - Economy general
Globalization has been good to North Americans over the past few decades. As Fishlow and Parker argue, “Television sets, microwaves, automobiles, and computers have become less expensive and more reliable,” a reality that speaks to the greater fact that our collective quality of life...
The global auto industry: Dire on some fronts; Better on others
Thesis - 4 pages - Economy general
The auto industry, especially in North America and Europe, seems to have nothing but bad news these days. Whether the subject is government bailouts, downsizing, labor relations, job losses, bankruptcy, mergers, or the price of gasoline, it appears to be one depressing piece of news after the...
The rich dad & poor debt: An Indian perspective
Thesis - 10 pages - Economy general
Today the world is facing heat due to sub-prime crisis. All the developed countries and developing countries have caught recessionary fever. Even the powerful economy of china has also felt ‘D' factor (downturn in the economic activities). The epicenter of the crisis is U.S.A. It is all...
Indian economy and how it has managed the global crisis
Thesis - 11 pages - Economy general
“Money which is the source of unlimited benefits, becomes the cause of calamity and unhappiness if not controlled” - Robert Shan The above quotation by Robert Shan exactly describes the reason of current global financial crisis. The current global financial crises are the cause of...
Global crisis and its impact on the Indian economy
Thesis - 5 pages - Economy general
After a long spell of growth, the Indian economy is experiencing a downturn. Industrial growth is faltering, inflation remains at high levees, the current account deficit is widening, foreign exchange reserves are depleting and the rupee is depreciating, these features can related to the current...
Effect of global crisis on the Indian economy
Thesis - 8 pages - Economy general
India a fastest developing country, also not excluded from the list of affected economies from the global crisis. Before 3-4 months everything was all right even our growth rate was reflecting the story of our growth, but suddenly major developed country so called super power nation U.S trapped...
Disinvestment of equity shares in public sector undertaking
Thesis - 5 pages - Economy general
Public sector undertakings (PSUs) are companies established by the central government under the Companies Act or as statutory corporations under specific statues of parliament. PSUs were established in the early 1950s for rapid industrial and economic growth, to create necessary infrastructure,...
The Abu Sayyaf holds the raging Philippines' economy captive
Thesis - 5 pages - Economy general
The Philippines finds itself in Southeast Asia, in a wondrous archipelago of seven thousand islands in the Western Pacific. It began as a Spanish colony but was ceded first by the Spanish to the Americans, and subsequently by the Americans to the Japanese; it eventually achieved independence on...
A study on the origin and effect of the industrial revolution in England
Thesis - 12 pages - Economy general
The Industrial Revolution refers to the first breakthrough from a rural handicraft economy to a urban machine driven manufacturing economy that took place in England around 1780 C.E., and which, in the course of the next one hundred years, spread and established itself over much of Europe and...
The impact of Al Qaeda's attacks on the financial sector
Thesis - 5 pages - Economy general
“Five-and-a-half years ago, 19 terrorists hijacked four airplanes and changed the course of history. Just as we underestimated Al Qaeda then, we risk repeating the same mistake now.” (Hoffman 2007, 44). First, the question itself merits a two or so sentences - it is interesting by...
Foreign institutional investors and the stock exchange
Thesis - 28 pages - Economy general
India has struggled financially since independence, experiencing slow economic growth and economic setbacks due to climatic extremes or political disturbances. The country has been gradually transforming its economic base from agrarian to industrial and commercial. Under British rule in the 19th...
Differences in communication between men and women
Thesis - 4 pages - Economy general
“Men are from Mars, Women are from Venus” touts the cover of an American bestseller. The instant success of this book (over 14 million copies sold) hints at a polarized population eager to bridge the gender gap. Yet some readers feel that it is writing such as these that exacerbate...
International strategic frameworks: A case study of Unilever 2008
Thesis - 8 pages - Economy general
According to Stonehouse and al (2004: 142) ‘the macro environment is the part of the environment over which the business can rarely exert any direct influence but to which it must respond'. The essential framework to critically analyzed Unilever's external business environment is the PESTEL...
Economic regulation
Thesis - 4 pages - Economy general
A regulation is the “employment of legal instruments for the implementation of social-economic policy objectives” (Govender 2008: 10). In this way, according to OECD (2001), regulation “refers to the various instruments (both formal legal and such informal tools as...
An in-depth analysis of the role of the Brazilian state in its economic development
Thesis - 6 pages - Economy general
The third world is a subject which has caused much ink. Several features can be found as economic problems, political instability, authoritarian regimes. However, some countries as the tigers (South Korea, Taiwan, Singapore and Hong-Kong) succeed in dealing with their economic and political...
To what extent is Brazil and its development typical of a country of South America?
Thesis - 8 pages - Economy general
In 1952 when the demographer Alfred Sauvy first used the expression “Third World” in an article titled “Three worlds, one planet” to designate the poor, recently decolonized countries or those due to soon break free of their colonized past, this new world struggled to define...
Comparison between the economic cycles and the growth rates in the USA and France
Thesis - 3 pages - Economy general
The business cycle is a constant in all the world economies since the Industrial Revolution occurred. By “business cycle”, we mean the fluctuations of the growth rate of the economy, which always works on the “Peak - Recession - Trough - Recovery” scheme. The main cycle is the...
How can the change in demand following an increase in the price of goods can be broken into a substitution effect and an income effect?
Thesis - 4 pages - Economy general
We expect people to change their consuming behaviour when the price of a good change, but on what is this change going to be based on? Preferences are determined by the tastes of a person, so they do not depend on the person's real income. If the price of a good changes, the person will make a...
Is becoming global the way or not
Thesis - 2 pages - Economy general
This report is going to present the importance of globalization in today's society. I will try to answer your question like should our company try to enter the global market? Globalization is an incontrovertible phenomenon that can't be overridden. “The world needs and desires have been...
How has the political economy of French capitalism evolved in the face of increasing global economic pressures?
Thesis - 10 pages - Economy general
‘The work was standardized, rigid; it has become adaptable, flexible. The institutions were paternalist, authoritarian; they have become permissive, liberal. A feeling of security reigned on the world. It is now the insecurity which is dominant' (Cohen, 2002) This international economic...
Economic consequences of the last European union enlargement
Thesis - 20 pages - Economy general
The idea of a united Europe was once just a dream in the minds of philosophers and visionaries. Already in 1620, the Duke of Sully imagined "a body politics of all the States of Europe which could produce between its members an unalterable peace and a perpetual trade". In The 19th Century, Victor...
The fair trade trend, an explanation
Thesis - 9 pages - Economy general
The current functioning of the world economy suffers from more and more blatant imbalance which affects particularly the producers of tropical farm produces, the victims of the agro-industrial politics based essentially on the returns and the profit. The prices and the conditions of purchase...
The Ramsey-Cass-Koopmans model
Thesis - 7 pages - Economy general
The Ramsey-Cass-Koopmans model is an economic model resembling the Solow model. The purpose of this paper is to outline the model with government, and assess the effects of government spending being tax or bond financed. We will see a result stating that it does not matter whether government...
The micro foundations of the Romer model
Thesis - 4 pages - Economy general
The technological progress is stated as the engine of economic growth in the neoclassical growth model, but some models like Solow model, always set the technological progress as an exogenous variable with a constant rate g. Romer model indigences the technological progress, and also shows the...
