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Home » Economics (1397 Papers)

Overview of Economics
EconomicsEconomics is the study of how our unlimited demand of certain things can be met by our limited amount of supply. For instance, if there was an unlimited amount of money for everyone, then everyone would have everything they had always wanted and would not have to work to get the money. Ev ... Unfortunately, we do have a limited amount of money, so the economists find ways to get around that.There are two types of economics, there is macro-economics and micro-economics. Macro-economics studies the economy as a whole, while micro-economics studies the smaller aspects of the economy. In the automotive world, the macro-economics part would evaluate how automobiles are selling, and micro-economics would evaluate how each vehicle is selling. ... As you can see, economics plays a great role in my life. ... Economics plays a very great role in my life, and it always will. ... Wordcount: 485 Pages: 2 Bibliography
Buddhist Economics
Buddhist Economics 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 morals of Buddhism. The Buddhist point of view takes the function of work to ... Buddhist Economics 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. ... Modern economics stop thinking here at the satisfaction of the demand. ... Economics inspired by Buddhism would be concerned with how activities influence cause and condition. ... Wordcount: 236 Pages: 1
Buddhist Economics
Buddhist Economic Ethics The presentation of the Buddhist ethics on economics was over all a good summary of the major ideas and principles involved with economics within Buddhism. They touched on some of the important themes involved with economics, and gave a westerner a general idea of the influence, which Buddhism has on both the layperson and the monk. Yet, they also left out some important principles, which could have lead to a more complete understanding of the Buddhist view on Econom ... Buddhist Economic Ethics The presentation of the Buddhist ethics on economics was over all a good summary of the major ideas and principles involved with economics within Buddhism. ... This was a good topic to begin their presentation because this idea has a large effect on a Buddhist"s view of economics. ... " (Buddhist Journal) Finally I would like to discuss the presenter"s representation of a monk relating to economics. ... Over all the presentation on Buddhist Economics was a good one. It had most of the important ideas that go with Buddhist views on economics, but it did leave ... Wordcount: 872 Pages: 3
economics
 Explain why the problem or topic written about in the article is important in the study of economics. This article is important to the study of economics because economics deals with the management of the income, supplies, and expenses of a household, community, government, or other group or organizations. And if management of these things are not regulated inflation will occur or it will not be able to support itself and might fall into a depression. 1. What is the problem?  One prob ...  Explain why the problem or topic written about in the article is important in the study of economics. This article is important to the study of economics because economics deals with the management of the income, supplies, and expenses of a household, community, government, or other group or organizations. ... Wordcount: 357 Pages: 1
Economics 3
A Price to Pay "The Fatal Equilibrium" by Marshall Jevons describes a story of murder and betrayal within the Harvard University faculty. The novel also explains the economic ways of thinking that people apply for decision making in their lives. Economics is in ways like the air. It surrounds us in every way no matter where we live, work or play. Economics play a great role in our lives whether or not we want it to be. Economics is not just dollar and cents, it's the way people interact ... Economics is in ways like the air. ... Economics play a great role in our lives whether or not we want it to be. ... Spearman doesn't just recognizes economics in his work but also during his leisure time. ... She may not know it but she is involved in economics by choosing the fanciest dog food. ... Other characters in the novel were also involved in everyday economics. ... Wordcount: 706 Pages: 3
The Keynesian Economics
Keynesian Economics Two controversial economic policies are Keynesian economics and Supply Side economics. They represent opposite sides of the economic policy spectrum and were introduced at opposite ends of the 20th century, yet still are the most famous for their effects on the economy of the Uni ... Keynesian Economics Two controversial economic policies are Keynesian economics and Supply Side economics. ... As far as stressing extremes, Keynesian economics pushed for a "happy medium" where output and prices are constant, and there is no surplus in supply, but also no deficit. Supply Side economics emphasized the supply of goods and services. Supply Side economics supports higher taxes and less government spending to help economy. ... Wordcount: 505 Pages: 2
Keynesian Economics
Keynesian Economics John Maynard Keynes is uncertainly one the most important figures in the history of modern economics. The son of the Cambridge economist and logician John Neville Keynes, John Maynard Keynes was born in Cambridge, England on June 5, 1883. Keynes was educated in Britain"s most elite institutions, Eton and then King's College Cambridge. In 1906, he entered the British civil service for a little while and worked in the Indian Treasury as a junior clerk. However, unsatisfied ... Keynesian Economics John Maynard Keynes is uncertainly one the most important figures in the history of modern economics. ... However, unsatisfied with the work he returned in 1908 to teach economics in Cambridge. ... This gave birth to Keynesian economics. In this Keynes argues that laissez faire economics would not solve such problems as the Great Depression. ... Keynesian economics has effected the post-Depression era and has changed the world economy forever ... Wordcount: 803 Pages: 3
Keynesian Economics
Keynesian Economics Two controversial economic policies are Keynesian economics and Supply Side economics. They represent opposite sides of the economic policy spectrum and were introduced at opposite ends of the 20th century, yet still are the most famous for their effects on the economy of the United States when they were used. The founder of Keynesian economic theory was John Maynard Keynes. He made many great accomplishments during his time and probably his greatest was what he did for Am ... Keynesian Economics Two controversial economic policies are Keynesian economics and Supply Side economics. ... As far as stressing extremes, Keynesian economics pushed for a "happy medium" where output and prices are constant, and there is no surplus in supply, but also no deficit. Supply Side economics emphasized the supply of goods and services. Supply Side economics supports higher taxes and less government spending to help economy. ... Wordcount: 499 Pages: 2
Economics 4
Economics is the social science that studies the production, distribution, exchange, and consumption of goods and services. The study of economics focuses on how individuals, corporations, and societies choose to use the scarce resources provided by nature and previous generations. Scarce resources provided by nature that societies choose to use include oil, land, water, and time. These elements are important to the economy because oil, land, and water provide money for the market. The more ... Economics is a social science that predicts actions based on certain changes. ... Positive economics can be referred to as "What is, what was, and what will probably be" economics. ... Positive economics is an approach to economics that seeks to understand behavior and the operation of systems without making judgements. ... Normative economics involves judgements and prescriptions for courses of action. Normative economics is a method of economics that states "what should be" instead of what is. ... Wordcount: 2850 Pages: 11
Keynesian Economics
Keynesian Economics Up until the Great Depression the United States used the "classical" or "conservative" version of capitalism. This version stated that the economy was self-correcting and was best left untouched. The depression brought a monumental decline in the economy and many individuals to search and unveil a new version of capitalism. In 1936, John Maynard Keynes published a book explaining his views on the economy and how the economy could be restored. Unlike the classical vers ... Keynesian Economics Up until the Great Depression the United States used the "classical" or "conservative" version of capitalism. ... Unlike the classical version of economics, Keynes believed that the aggregate demand was unstable. ... Keynesian economics flourished and ultimately brought the nation out of the Great Depression. ... Wordcount: 221 Pages: 1
Keynes
Keynesian Economics vs. Supply Side Economics Two controversial economic policies are Keynesian economics and Supply Side economics. They represent opposite sides of the economic policy spectrum and were introduced at opposite ends of the 20th century, yet still are the most famous for their effects on the economy of the United States when they were used. The founder of Keynesian economic theory was John Maynard Keynes. He made many great accomplishments during his time and probably his grea ... Keynesian Economics vs. Supply Side Economics Two controversial economic policies are Keynesian economics and Supply Side economics. ... As far as stressing extremes, Keynesian economics pushed for a "happy medium" where output and prices are constant, and there is no surplus in supply, but also no deficit. Supply Side economics emphasized the supply of goods and services. Supply Side economics supports higher taxes and less government spending to help economy. ... Wordcount: 481 Pages: 2
Ethical Economics
ETHICAL ECONOMICS? The term ethical and economics should never be put into the same sentance. They are almost oxymoronic in the sense that in order for one to succeed on an economic level, ethics are usually never involved. America as we have come to know it is a world full of mice and snakes. The mice are those in society who voluntarily choose to live off of the prosperous, as the snakes go out and get their prey. The capitalistic society we live in known as America is truly what we ma ... ETHICAL ECONOMICS? The term ethical and economics should never be put into the same sentance. ... The sytem of Economics in the United States of America is balanced and geared towards the citizen, not the government. ... Absolute advantage and monopolies play a huge role in free market economics, allowing the seller to control his/her own destiny. ... The status quo in U.S. economics is quite off-balance, but no one is to blame for it. ... Wordcount: 905 Pages: 4
why CEOs fail
Comment on "Why CEOs fail" After reading this article, I think I've learned a lot about successful CEOs and especially unsuccessful CEOs. This article drives home that what a competent CEO should do and what are the common problems that CEOs have to face to lead the company and business. Firstly, a CEO must be a smart and capable man; he/she must know what the whole business is and how to deal with it. He/She should be sober about the situation that the company or corporation is facing, and ... Sometimes, it's because the subordinates are thought to be so talented that the CEO persuades himself that it is impossible for them to make mistakes; and sometimes, it's because the subordinates have wide and complex relations with press or economics field so the CEO didn't want to fire them and affect the company's social image; in other case, the CEO didn't want to fire the subordinates until the last minute because they are good friends and have good private relationships, "He is my guy", as one CEO said. ... Wordcount: 544 Pages: 2
why CEOs fail
Comment on "Why CEOs fail" After reading this article, I think I've learned a lot about successful CEOs and especially unsuccessful CEOs. This article drives home that what a competent CEO should do and what are the common problems that CEOs have to face to lead the company and business. Firstly, a CEO must be a smart and capable man; he/she must know what the whole business is and how to deal with it. He/She should be sober about the situation that the company or corporation is facing, and ... Sometimes, it's because the subordinates are thought to be so talented that the CEO persuades himself that it is impossible for them to make mistakes; and sometimes, it's because the subordinates have wide and complex relations with press or economics field so the CEO didn't want to fire them and affect the company's social image; in other case, the CEO didn't want to fire the subordinates until the last minute because they are good friends and have good private relationships, "He is my guy", as one CEO said. ... Wordcount: 544 Pages: 2
learning the Meaning of Economics
In this course of economics, my goals are to succeed in finding out new information and learning the meaning of "economics". Also, I believe that if I concentrate on this subject enough, I will expect myself to have the full knowledge and ability to use it in everyday life. In addition, I may be ... In this course of economics, my goals are to succeed in finding out new information and learning the meaning of "economics". ... Without a doubt, my ability to learn economics would be best if I see the process in a video or by following the instructions of my teacher or classmates.While using all these different symptoms I have come up with, I shall become a much better student. ... Wordcount: 207 Pages: 1 Bibliography
Economics and the environment
Before if someone would have used the words "economics" and "the environment" in the same sentence I would have looked at them with a dumbfounded expression on my face, however the basic principles of economics can be applied with great benefits of the environment. An example the speaker made was with African Elephant populations in two separate countries, one country outlawed the hunting of the elephant while the other country gave private ownership to the elephants and lega ... Before if someone would have used the words "economics" and "the environment" in the same sentence I would have looked at them with a dumbfounded expression on my face, however the basic principles of economics can be applied with great benefits of the environment. ... Wordcount: 311 Pages: 1
Modern Economics: Theory and Development
Modern economics-or political economy, as it used to be called-dates back to1776. It didn't begin with the American Revolution. A man named Adam Smith, aScottish philosopher, published a book called Smith's work is considered the first example of moderneconomics. In some places Smith is most fam ... Others maintain that economics began much, much earlier. Economics figures in most national elections. ... What is economics? ... Economics is why we havejobs. ... Measurement of economics has a venerable history. ... Wordcount: 1716 Pages: 7
The Aim of Post-Keynesian Economics
Post-Keynesian economic was formed and developed by economists such as Joan Robinson and Nicholas Kaldor who believed Keynesian economics was based on disequilibrium and uncertainty, and that challenges the general equilibrium assumptions of neo-classical theory. The main aim of post-Keynesian econ ... The prevailing theory in economics was static rather than dynamic. ... h4 Hicks (1982) argue that this type of steady state economics ?... g A guide to Post-Keynesian Economics?... g Recent developments in Post-Keynesian Economics?... g Post-Keynesian approach to economics?... Wordcount: 1328 Pages: 5 Bibliography
economics
Economics 102 In the world of economics, everything seems to look like a competiton. Every nation tries to figure out what the other nations do to succeed and how they are succeeding. However, all the nations on the global market are trying to become unified, for a smoother flow of goods and money. But in all reality, that is not going to happen on the immediate future. While other nations prosper, other na ... Economics 102 In the world of economics, everything seems to look like a competiton. ... Wordcount: 865 Pages: 3
Trade and Economics
Trade and economics have played a crucial role in the lives of people everywhere throughout the sands of time. Before the coining of monies individuals would either barter goods for other goods or swap goods for standardized precious objects, such as seashells. Although commerce is an important aspe ... Trade and economics have played a crucial role in the lives of people everywhere throughout the sands of time. ... Although commerce is an important aspect of society, Marx took the notion of economics a step further. He believed that economics is the key to understanding history and the motivations of individuals within any given society. He saw economics as the underlying cause of the chain of events in which each nation undergoes. ... Life and economics should be parallel, and should never intersect. ... Wordcount: 3046 Pages: 12
Economics and Ethics: Considerable Debate and Interpretations
The area of ethics in economics is a divisive one, over which there has been considerable debate. Ethics has many interpretations in the history of philosophy as well as in economic history. Very simply, ethics refers to an understanding of certain forms of behavior as either right or wrong. "The ... The area of ethics in economics is a divisive one, over which there has been considerable debate. ... Recent controversies, such as the Enron scandal have also highlighted the issue of ethics in economics and business. ... More importantly, theorists note that, "The nature of modern economics has been substantially impoverished by the distance that has grown between economics and ethics ... ... In its origins modern economics was intimately connected to ethics and ethical motivations. ... At the time of its inception, then, the language of economics was comprised of normative elements. ... Wordcount: 1882 Pages: 8 Bibliography
The African Expansion of Italy
During the 1800"s many European nations began to colonize Africa. The Italians had many reasons to colonize Africa. One main reason for Italy colonizing Africa was economics. By expanding Italy"s control to Libya, Eritrea, and Italian Somaliland, Italy gain the natural resources in the country. Another reason the Italians needed to colonize was the need to keep up politically with the other European nations. If Italy did not control territory in Africa, it would be politically inferior to other ... One main reason for Italy colonizing Africa was economics. ... Wordcount: 565 Pages: 2
The Economics Supply and Demand of America
Economics, supply anddemand In the article we find that teenagers have the oppertunity to be demanding about theirsalary in the baby sitting field, because the amount of babysitters today are scarce. Thebabysitting population, teenagers, find themselves busy with school, part time jobs, andextracir ... Economics, supply anddemand In the article we find that teenagers have the oppertunity to be demanding about theirsalary in the baby sitting field, because the amount of babysitters today are scarce. ... In economics we concider this an inflation, the amount of resources(babysitters) decreasedwhile the demand for them rose. ... Wordcount: 523 Pages: 2
The Development of Economics in The United States
Entrepreneurial Adventure: The Development of Economics in The United States"Capitalism came in the first ships."-Carl N. DeglerBarit BrownUnited States HistorySaturday, March 18, 20004,753 wordsThe United States was a nation of development. It was a nation of growth and of innovation. From the si ... Entrepreneurial Adventure: The Development of Economics in The United States"Capitalism came in the first ships."... The history of economics in the United States can, most appropriately, be divided into two main sub-sections of development: technology and thought. ... What made the United States the primary benefactor was its people's "almost universal ambition to get forward", thus creating the need for the technological innovations and sociological revolutions which became the building blocks of modern day economics (Taylor, 4). ... Without these technological innovations, the count... Wordcount: 4775 Pages: 19 Bibliography
Civil War: Economics
The Primary Cause of the American Civil War: Economics More than one million people dead and a nation torn apart. "A fight against slavery" it was said, but was that the main reason the war was fought? Or is that just what our nation says to glorify our past? There were many factors that contributed to the United States" Civil War, but the main reason for the war can be attributed to the economic differences between the Northern and Southern parts of the United States. ... The Primary Cause of the American Civil War: Economics More than one million people dead and a nation torn apart. ... Economics can be defined as "the science which studies production, distribution and consumption of commodities" or as "the study of the impossible-unlimited wants and needs fulfilled with limited resources.... In conclusion, there were a variety of reasons for the Civil War but at the root of each lay the economics of the north and south.... Wordcount: 965 Pages: 4