Economics

Companies are facing different decision-making scenarios everyday. They may be faced with dilemmas which may come in the form of the need for manpower diminution, acquisition of new machines or facilities or the demand for a more aggressive marketing campaign. In order to address any concern, it is essential for the top management to employ systematic, well-thought of and appropriate actions. One tool that is highly recommended to employ specifically for decision-making scenarios is the Cost-Benefit...

A monetary transmission mechanism is said to be a way which can lead to the transmission of real and monetary shocks of a countrys economy to another through monetary channels involving interest rates. These mechanisms can have a negative or positive effect on Nigerias economy which produces crude oil. Mechanisms Affecting Monetary Policy Monetary value can affect the level of investment in a country. Monetary policy works by creating influence on the economys demand and a low influence on supply....

The factors affecting the U.S. economy is examined to explain why the GDP growth was not as it was expected. There were both external and internal factors that affected the slowdown in the U.S. economy. The massive bail out of the American government for its failed financial institutions resulted in tremendous debt obligations to foreign governments. These debt levels are unprecedented and they are reaching a critical point where it might not be palatable for foreign entities already to support...

This study is an analysis of competition laws in the US economy.  The United States economy is primarily a market economy in which the prices of services and goods are determined by the forces of demand and supply in a freely regulating price system. As such, enterprises are free to innovate and produce products that give them a competitive advantage in the market. However, the production and innovation by specific enterprises should not inhibit the ability of competitors to access the market...

The first potential scenario for costs in the auto industry is for them to benefit from the freedom given by steering away from oil based fuel engines. The move by GM to develop plug-in type of vehicles will be very important in determining the sensitivity of America and the rest of the world into the fluctuations of oil supply. We are all affected by the constant surges in oil prices as their demand and supply is literally the basis why the industrial world keeps on going. Environmental politics...

The real side of the economy (often termed as real economy) is the physical side of the economy dealing with the goods, services and resources.  It is concerned with using the resources to produce goods and services which are used to meet the demands of the public and government. In real economy we study how the factors of production (i.e. Labor, Capital and Technology) are being used which directly affects the output of an economy (Peterson, Lewis,  Jain, 2007). It measures the aggregate...

Another problem policymakers have to contend with in many localities that includes CR is that the policies they will introduce to dether the use of both tobacco and alchohol could cause permanent job loss in any given economy.  However, findings indicate that falling demand on the consumption of both products might not mean there is a decline on the overall employment picture of countries such as CR.  This is so because the possibilities are such that money spent on these substances could...

Chapter 7 The Analysis of Consumer Choice The concept of utility When a consumer buys goods, that give him satisfaction, economists term this satisfaction utility. We cannot measure utility, but Francis Edgeworth (contributor to theory of economic behavior) imagined a device called hedonimeter which could capture consumer reaction for those goods. Total utility (TU) It is total number of units of utility that consumer gets from consuming a good or service. The total utility curve rises with the...

Thesis Cloning of animals, plants and tress has several economic benefits, through increased productivity. a) Gives a summary of the economic benefits of cloning animals, plants and trees. Introduction Cloning has numerous economic benefits on various economic activities. Through increased productivity of both animals and plants is increased both in terms of quantity and quality, cloning increases the profit margins of farmers. Livestock become more drought and disease resistant making them to...