Economics Essays

India's Economic Achievements
Example essay. Last modified: 2nd Jun 2017
Introduction: Economic Development is the increase in the standard of living in a nation’s population with sustained growth from a simple, low-income economy to a modern, high-income economy. Also, if the loc...

The Concept Of Equity In Taxation
Example essay. Last modified: 2nd Jun 2017
Introduction: Taxation traces its origin to the ancient times as a major source of revenue needed for governance. Kingdoms, monarchies and even dynasties had an elaborate form of taxation imposed on their subjects ...

Comparative Advantage
Example essay. Last modified: 2nd Jun 2017
Introduction: Does Trade Always Follow Comparative Advantage? Introduction Comparative advantage as a justification for free trade has seen a change in status. Until recently, it was the only basis on which economi...

Keynesian and Monetarist Theory of Inflation
Example essay. Last modified: 1st Jun 2017
Introduction: Inflation is a fed up increase in prices. The overall prices of goods and services are raised in general movement in and economy, which also means such goods and services are being cost more than the ...

Finland And China PESTLE Analysis
Example essay. Last modified: 1st Jun 2017
Introduction: We could never choose the place we born but we could always dream the place we live which a place that we all are aspire to. As the reason, “Newsweek” a second largest news weekly magazine...

Ethiopia PESTEL Analysis
Example essay. Last modified: 1st Jun 2017
Introduction: Political Context For much of the twenty century, Ethiopia was ruled by highly centralized governments. The current ruling party EPRDF has governed Ethiopias since 1991 . Since taking power of the EP...

Negative Consequences Of Pollution
Example essay. Last modified: 1st Jun 2017
Introduction: Externalities are known as the third party effects evolving from the production and consumption of goods and services in which the third party does not receive any appropriate consumption. Externaliti...

Inferior and Luxury Goods Differences
Example essay. Last modified: 1st Jun 2017
Introduction: An inferior good is a good that decreases in demand when consumer income rises. it has a negative income elasticity of demand. Typically inferior goods or services tend to be products where there are ...

Conclusion of New Economic Policy
Example essay. Last modified: 1st Jun 2017
Introduction: The New Economic Policy or Dasar Ekonomi Baru of Malaysia was a socio-economic restructuring affirmative action plan. The Malaysian NEP was launched and implemented by then Prime Minister Tun Abdul R...

Advantages and Disadvantages of Globalization
Example essay. Last modified: 31st May 2017
Introduction: The term globalisation has many understanding from different people. Hill, (2005) as cited in Stuart, et al (2010), mentioned it refers most countries would shift toward a more integrated and interde...

Benefits of Perfect Competition
Example essay. Last modified: 30th May 2017
Introduction: Competition is a very important factor for the economists which makes them very enthusiastic, because is a very good thing economically because of its efficiency. Efficiency helps the society make th...

Regional Rural Banks In India
Example essay. Last modified: 30th May 2017
Introduction: It is expected to policy-makers that rural development programmes are strategically designed to improve the living conditions of a specific groups of rural people. It includes small and marginal farme...

Challenges Faced by Indian Paints
Example essay. Last modified: 30th May 2017
Introduction: The prices of paints largely depend on the cost of raw material. There are around 300 odd raw materials required for the manufacturing of paints. The major raw-materials are titanium dioxide, phthalic...

Heckscher Ohlin Theory
Example essay. Last modified: 30th May 2017
Introduction: Heckscher-Ohlin (H/O) theory is also known as factor-endowment theory. . It is a basic model of trade and production. It emphasises the differences in factor endowment between countries are the basi...

Price Elasticity in Air Travel
Example essay. Last modified: 30th May 2017
Introduction: Introduction: Elasticity is define as the “quality sth has being able to stretch and return to its original size and shape”. (Oxford advanced learners dictionary 6th edition). In Physics e...

Stakeholder Interest and Wealth
Example essay. Last modified: 30th May 2017
Introduction: Until now, the discussion between shareholder value perspective and stakeholder perspective has still been argued critically. Some people think that stakeholder interest should be superior over shareh...

Data Analysis Chapter Example
Example essay. Last modified: 26th May 2017
Introduction: This chapter will focus on the results of the data analysis. The first section will discuss the descriptive statistics and in the second section the results of the Heckman two-step approach will be di...

Augmented Dickey-Fuller (ADF) and Phillips-Perron (PP) Results
Example essay. Last modified: 26th May 2017
Introduction: While analyzing time series data, it is important to check the order of integration of the variables. Augmented Dickey-Fuller (ADF) and Phillips-Perron (PP) unit root test are used at level form and f...

The Budget Deficit
Example essay. Last modified: 26th May 2017
Introduction: The federal budget deficit is where the government spends more than it receives in income. For the federal fiscal year ending in 2011, the deficit is predicted to be approximately 1.26 trillion. When...

Profit Maximisation and Shareholders
Example essay. Last modified: 26th May 2017
Introduction: Profit is obtained by subtracting total cost (TC) from total revenue. Under the assumption of the neoclassical theory, a firm will aim to produce a level of output where the difference between the to...

The UK Tax System
Example essay. Last modified: 26th May 2017
Introduction: THE UK tax is the most perfect tax system that could be devised. However few members of the public appreciated this. How would you correct their perception? Introduction: It has been suggested that ov...

Solutions to Inflation
Example essay. Last modified: 25th May 2017
Introduction: Introduction In the recent past the world economical environment has been at a the stand still this is as a result of unstable economical growth in the world today. This is as a result of the poor flo...

Research Paper on Drugs
Example essay. Last modified: 25th May 2017
Introduction: Definition of a Drug The definition of a drug is a chemical substance used in the treatment, cure, prevention, or diagnosis of disease or used to otherwise enhance physical or mental well-being. Illeg...

Export Promotion and Import Substitution
Example essay. Last modified: 25th May 2017
Introduction: The emphasis that Countries have placed in their development strategies in favor of either export led growth strategy or import substitution has influenced the evolution of current account balances an...

Infrastructure in Economic Growth
Example essay. Last modified: 25th May 2017
Introduction: The significance of infrastructure being used as a tool to promote development is one that is very clear from an economic perspective, with benefits such as lower production costs, increased output, d...