Category: Economics 2707

It is essential to note that rational choice theory is a concept that explains the rational behavior and choices of individuals in pursuing the opportunities available to them in society. Individuals rank these opportunities according to the degree to which they serve their goals (Blossfeld & Prein, 2019). They follow their life plans, which satisfy…

The article under focus is What Can the Playstation 5 Teach Us About Economics?. It was written by William Chon on November 12, 2020. The author explores the case of a sudden rise in price due to the high demand for the product. The product itself is a home video console by Sony, which was…

Abstract Realtech system PLC is in trouble to raise 3m for short term financing. If it wants to raise the fund form the banks it will have to pay LIBOR+2% which will be threat for liquidity position. So, the firm is thinking to use some derivatives for risk exposure. The forward rate agreement, options and…

Germany is the largest economy in Europe and among the biggest economies in the world. The current economic condition is on a negative trend due to the outbreak of the Corona Virus. The COVID-19 pandemic led to the closure of businesses and a low in sales of various products, especially in the manufacturing sector. According…

Table of Contents Background and context of the situation Recommendations Justification Overview of methodology References Background and context of the situation The events of the company and then probability of the portfolios churning profits in the foreseeable future is largely dependent on the scenario for that period and the prevailing business environment. In analyzing the…

Table of Contents Introduction Methods Analysis Conclusions References Introduction Globalization is the broad outline of the places where most of humanity now chooses to live and work-cities. These cities are the engines of growth for their countries and gateway to the resources of their regions. They are the biggest; most interconnected cities help set global…

A. Erinc. Turkey and the Long Decade With the IMF. Bretton Woods Project.  1944 Bretton Woods Agreement: Developing a New International Monetary System. Government of Canada. 2007. “

While it is true that Black South Africans were undergoing through immense suffering as a result of the Apartheid rule, it was important for Chevron and Caltex not only to consider the position of South African market as a lucrative venture but also the humanitarian cost of doing business in the country. First the companies…

Shelter is one of the primary needs in life. Certainly, it is acknowledged by Abraham Maslow as a physiological need, which plays a huge role in motivating a persons behavior. Inferring from this, housing is one of the essential aspects that defines the life of an individual. It helps one to lead a motivated life.…

Introduction India is the second-most populous country in the world. Its population is over 1.3 billion people, which makes the state the biggest democracy in the world.1 According to the United Nations, India will have the largest population in the world by 2028.2 Its area is 1.2 million square miles, and major religions are Hinduism,…