Economics Essays

Key questions and concepts that your team should address: 1.Why has Clarkson Lumber Company borrowed increasing amounts despite its consistent profitability? In order for Clarkson to keep up with an increase in sales, they need to borrow additional funds to increase their purchase order sizes. 2.How has Mr. Clarkson met …

Price Elasticity: Price Elasticity is used to explain the degree of responsiveness of the demand for a product to a change in its price. Ep=Percentage change in quality demanded/Percentage change in price (Ep=Price Elasticity) Practical applications of Price Elasticity: 1)Helps in fixing the prices of different goods: It helps a …

Decision-making not only varies across the market but it also varies based on the market structure and the impact that may follow that decision. In market structure scenario, decisions are made based on the market structure and how the final goal is to increase profits. This may involve cutting costs, …

Preface I was inspired to share the story below because recently a close friend of mine was “pestered” by his banks and creditors to clear his debt since he seemed to be doing fine. In their opinions, before he start investment, he should clear his debt first….Is this the right …

Just to pass my leisure I entered in a discussion room, it was full of people from different-different countries and places. Diversity did not stop here; it was a group of people of different age group, and of people from different economic background. Topic for discussion made it a perfect …

Introduction India imports roughly 75 percent of its total oil consumption and the remaining 25 percent is primarily produced by National Oil Companies (NOCs). Concerned by the alarming increase in our oil import bill, the government has taken several steps to reduce our dependency on imported oil. But even after …

WHAT IS BLACK MONEY There is no uniform definition of black money in the literature or economic theory. In fact, several terms with similar connotations have been in vogue, including ‘unaccounted income’, ‘black income’, ‘dirty money’, ‘black wealth’, ‘underground wealth’, ‘black economy’, ‘parallel economy’, ‘shadow economy’, and ‘underground’ or ‘unofficial’ …

When deciding to buy a computer it is a very important decision. First decide that range of money you are willing to spend. Then research the many different companies and the product they have to offer. Then after deciding the company to purchase the computer the next step is to …

Economic external factors that may affect the toy’s sells and market performance will be analyzed according to the showed table, where most data is relevant and reflex the last fiscal balance in Colombia. Our country is registering a 4.5% economic growth, which means that the GDP is growing in a …

State capitalism in emerging markets is triumphing over liberal capitalism. State capitalism occurs when the government actively intervenes with firms and companies to boost economic growth. For example, the Chinese state accounts for 80% of the country’s companies. Hence, by controlling these multinational corporations (MNCs), the China government shapes the …