Category: Economics 2707

Table of Contents Introduction The Benefits of the Federal Reserve The Disadvantages of the Federal Reserve The Necessity of the Federal Reserve for the US Economy Conclusion References Introduction The functioning of the national financial system is reliant on the effectiveness of the management of macroeconomic factors for the stability of the domestic market. In…

Introduction Zero-Based Budgeting is an operational planning and budgeting process that requires managers to justify their entire budget request in detail from scratch. Zero-based budgeting is that technique of decision-making that is the inverse of the current traditional working process. In the standard traditional incremental budgeting, to which ZBB is an alternative, departmental managers are…

It is important to comprehend the critical idea of Demand versus Quantities Demanded prior to examining different hypotheses of financial aspects. The law which is working behind the scene and conveys mostly about interest. A law which reveals to us how much interest of a customer or gathering of buyers is being influenced by his/their…

The classical time-inconsistency problem analysed by Kydland and Prescott (1977) and Barro and Gordon (1983), and followed by a large literature, is based on the following model: y = ³ (À  À ) + u , where yt is the log of output (or employment), measured as a deviation from potential output, Àt is…

The idea of the hierarchy of needs was first proposed by psychologist Abraham Maslow in 1943. According to Maslow, the basic human needs must be satisfied first, before the psychological needs, and lastly, the self-fulfillment needs (Aruma & Hanachor, 2017). This essay will look at the five basic assumptions of motivation according to Maslow and…

Table of Contents Introduction Jamaicas economy Economic problems Good governance and economic policies Economic solutions Achieving global economic competitiveness Conclusion Bibliography Introduction Global economic competitiveness is what every country aims at, and is determined by several factors. These include the legal and administrative framework that governs a countrys institutions, economic policies, labor market efficiency, and…

Introduction Demand and supply forces are often expected to determine the prices of a product in the market. However, sometimes these forces may lead to unprecedented price increases in the market that makes it necessary to have other forces to help regulate the market prices. In India, during the period of December 2010 and January…

Table of Contents Introduction and Background Research Question Relevance Literature Review Methodology Conclusion Literary References Introduction and Background The Chinese accession to WTO in 2001 was expected to be a boon to world trade with the opening out of the Chinese markets and the easy access to Chinese goods for countries across the world, particularly…

The One Belt, One Road (OBOR) initiative is a program that opens a drastically new perspective to the global communities. The essence of this program is to form, establish, and promote international partnership and development. It is to be achieved through the strengthening of the existing regional bipartite and two-sided mechanisms and structures of interactions…

Introduction Globalization influence economic system of the world and stipulates economic and trade relations between countries. From globalists positive perspective, globalization improves conditions of life, facilitates trade relations and cooperation. Globalization allows greater choice of consume products, better quality and technology transfer. For the third world countries, positive effects of globalization involve free trade and…