Category: Economics 2707

  • Price Elasticity of Demand: Corn Oil

    Effect of the high demand for corn on its substitute soybeans and effect of the high demand for corn on soybeans farm An increase in the quantity demanded of corn oil will reduce demand for its substitute corn oil. Farmers will consider supplying more of the highly demanded corn oil and in this context substitute…

  • International Economics: Data for China

    The table below presents the World Bank data for China within the years of 2011, 2012, and 2013. The choice of years for this paper was based on the fact that 2011-2013 are quite recent, and therefore, they provide a reflection of the latest changes and events in the selected countrys economy. In addition, the…

  • Preparation of Financial Statements

    With regards to the preparation of financial statements, the AICPA Code of Professional Conduct (2014) includes key points as to the knowing misrepresentation of the statements, submission of financial statements, negligence in preparation, and subordination of judgment. The knowing misrepresentation of financial statements in the course of their preparation occurs if a member issues or…

  • Chinas Economics in the Article China in Africa

    The article by Alessi and Xu (2015) concentrates on the fast development of Chinas economics in the context of its relationships with Africa. The authors describe the countrys current needs and how they are satisfied, examine the criticism over the business practices, and assess the advantages of Sino-African ties. First and foremost, energy consumption levels…

  • Too Much Integration With the Global Economy

    Table of Contents Introduction Main Body Conclusion Reference List Introduction A number of issues are responsible for poverty and underdevelopment in poor countries. These issues vary from country to country. In most cases, ineffective policies and dependency upon developed states are the main contributors to poverty and underdevelopment in poor countries. These causes of poverty…

  • Canadas Educational Reform and Economic Analysis

    Issue Canadian education is still recognized as one of the best in the world. The recent results of the Program for International Student Assessment (PISA) show that Canadian teenagers perform above average, but Canada was outperformed by Asian and European countries (Canadas Students Slipping in Math and Science par. 6). For instance, Canadas score in…

  • Interest Rate and Exchange Rate in the UK and US Markets

    Research Question What is the effect of the real exchange rate and interest rate in the UK and US banking sectors during a financial crisis? Research Hypotheses Ho: The real exchange rate and interest rate has no effect in the UK and US banking sector during a financial crisis. Ha: The real exchange rate and…

  • Multinational Companies and Global Imbalances

    Examine the opportunities for multinational companies to shift resources around the world and the implications of this for nation-states Why Multinational Corporations shift Resources A multinational company refers to a firm whose business operations are spread out in more than one country. For the last two decades, there has been a new shift in international…

  • Intervention in Chinas Housing Market

    Introduction Background of the Study In her analysis on metropolitan development Dwyer (2007) states that higher status populations tend to occupy new housing developments within metropolitan areas while lower-status groups tend to be restricted to older housing (Dwyer 2007, 23  24). What must be understood is that the current trend in the construction of…

  • Naked Economics and Financial Markets

    Table of Contents Introduction Main body Conclusion Works Cited Introduction In Chapter 7, Wheelan provides an overview of the basic mechanisms of financial markets. The ideas presented by the author can be used to discuss this case study. The chapter is also written in a manner that ensures numerous illustrative examples, which helps to understand…