Economics Essays

What are the positive and negative impacts of aid?
Example essay. Last modified: 18th Jul 2017
Introduction: Introduction Trade can be the most important source of Gross Domestic Production (GDP) and a powerful engine for economic growth. Based on the World Trade Organization (WTO) investigation, trade has b...

Contribution of Small Scale Industries in Indian Economy
Example essay. Last modified: 18th Jul 2017
Introduction: With an impressive history of policy related development regarding small scale industry in post-independence India, SMEs dominate the industrial scenario by its contribution to job creation and income...

Resource Allocation Market Failure
Example essay. Last modified: 18th Jul 2017
Introduction: The aim of this paper is to examine why markets sometimes fail to allocate resources efficiently. As a result, the government feels they need to intervene and provide merit goods and services and publ...

History of Globalization
Example essay. Last modified: 18th Jul 2017
Introduction: INTRODUCTION: Historical Background of Globalisation For developing countries, globalization means integration with the world economy. In simple economic terms, globalization refers to the process of ...

Singapore Economy Introduction
Example essay. Last modified: 18th Jul 2017
Introduction: The Republic of Singapore is located in the southeast of Asia, 137 kilometres north of the equator; it has an area of 710 km² and a population of 5, 183, 700 people. It is made up of 63 is...

De Beers Case Study
Example essay. Last modified: 17th Jul 2017
Introduction: Jump to: PESTLE Analysis | De Beers Competitive Analysis | Five Forces Analysis | SWOT  Diamond, it is a precious stone more value than gold and silver. Its first discovery was in the year 1859 in So...

Impact of Privatisation in Nigeria
Example essay. Last modified: 17th Jul 2017
Introduction: Privatization is a key component of the reform process of structures and economies in the globalized world today. Developing countries have embarked on extensive development programmes some recorded a...

Impact of Disinvestment on Indian Economy
Example essay. Last modified: 17th Jul 2017
Introduction: Public sector undertakings were established in India as a part of mixed economy with the objective of providing necessary infrastructure for the fast growth of economy & to safeguard against mono...

Why do Multinational Companies Exist?
Example essay. Last modified: 17th Jul 2017
Introduction: According to Needle (2010), Multinational enterprises are those enterprises which carry its production activities in more than one country. These companies make sure of the supply of raw material to t...

Advantages and Disadvantages of Multinational Enterprises
Example essay. Last modified: 17th Jul 2017
Introduction: One of the most modern approaches followed by almost all corporations in the 21st is internationalization, where a successful firm ventures into the foreign markets and decides to go global in approac...

Is Globalization Good or Bad?
Example essay. Last modified: 17th Jul 2017
Introduction: Globalisation is a wildly popular subject of discussion in today’s literature. It is a phenomenon which has many different dimensions, which include economic, cultural, environmental and politic...

Positive Production Externality Examples
Example essay. Last modified: 17th Jul 2017
Introduction: Externalities (external effects) in the economy reflect the impact of market transactions to third parties, not mediated by the market. This term was coined in 1920 by Arthur Pigou in his book “...

Causes of Poverty in Latin America
Example essay. Last modified: 14th Jul 2017
Introduction: Poverty is the lack of or inability to afford the basic human needs. The needs include nutrition, shelter, clean water, health care, clothing, education among others. Compared to worldwide averages, L...

Role of SMEs in Economic Development
Example essay. Last modified: 14th Jul 2017
Introduction: All over the world, there is growing evidence that SMEs play an important role in the national economic development of any country. SMEs are becoming more and more a subject of high attention in the d...

Philosophy of Mercantilism
Example essay. Last modified: 14th Jul 2017
Introduction: Mercantilism Mercantilism was a sixteenth-century economic philosophy that maintained that a countrys wealth was measured by its holdings of gold and silver (Mahoney, Trigg, Griffin, & Pustay, 19...

Recommendations for Automotive Industry
Example essay. Last modified: 14th Jul 2017
Introduction: The Automobile companies must improve their process and should be efficient in order to implement their strategies quicker than competitors in times of economic downturns. The National level Automotiv...

Factors Affecting Textile Industry
Example essay. Last modified: 14th Jul 2017
Introduction: The research reported in this thesis was on “Factors affecting the growth of the Textile Sector”. The purpose of research was to study the micro-environmental factors affecting the growth ...

Impact of Globalisation on Construction Industry
Example essay. Last modified: 14th Jul 2017
Introduction: In his book “The Lexus and the Olive tree” Thomas Friedman (2000) described the world as becoming an increasingly interwoven place, and whether you are a company or a country, your threats...

Sugar Tax in Australia
Example essay. Last modified: 13th Jul 2017
Introduction: Nowadays, obesity has become a serious epidemic disease worldwide. The increasing prevalence of obesity is a big problem which threats the public health terribly. Australia is faced with severe obese ...

Compare and Contrast Free Market and Command Economy
Example essay. Last modified: 13th Jul 2017
Introduction: Discuss why in reality most economies are mixed economies. SYSTEM OF THE FREE MARKET ECONOMY The background of this economy is private ownership and individual economic freedom, i.e. the market of thi...

Why Firms become Multinational Enterprises
Example essay. Last modified: 13th Jul 2017
Introduction: Introduction One of the important aspects of globalization is the international transformation of the companies around the world. The companies have evolved from being a domestic firm to a multination...

Uneven Development and Globalization
Example essay. Last modified: 13th Jul 2017
Introduction: Globalization is accelerating with pace and scale and enables access to new markets and ideas that enhance the welfare of people but it does have negative effects and uneven development in many parts ...

Impact of Immigration on UK
Example essay. Last modified: 13th Jul 2017
Introduction: The general public are highly affected by immigration in positive and negative ways. An increase in highly skilled immigrant workers, for example doctors, can cause a positive effect for hospitals and...

Theories of International Trade and Investment
Example essay. Last modified: 13th Jul 2017
Introduction: Today, business is acknowledged to be international and there is a general expectation that this will continue for the foreseeable future. International business may be defined simply as business tran...

Standard Of Living
Example essay. Last modified: 13th Jul 2017
Introduction: Standard of living is defined as the level of wealth, comfort, material goods and necessities available to a certain socioeconomic class in a certain geographic area. And quality of life is defined as...