Economics Essays

Introduction History is repeating itself again, with the emergence of India and China to the world economic center.  More than 250 years ago, China and India was the hub of Industrial production in the world. United States and Europe were appendages of the two giants but the balance was tipped …

Financial planning is a professional practice that generally involves the planning, management or administration of financial matters such as retirement, investment, insurance, tax, real estate, cash flow, education, and business succession among others. (Gitman & Joehnk, 2007) It principally involves designing a financial plan custom fit to a client’s specific …

Introduction Despite being a leading democracy in the world, American politics have been dodged by various issues and financing political party campaign is one of those issues which greatly hamper the growth of our democracy. The issue of campaign finance has been compounded by fact that the more the rich …

Synopsis The article presented the seeming contradiction between the existences of firms in spite of the efficiency of markets. More specifically, it initially demonstrated the option of outsourcing everything instead of organizing firms, which will ultimately afford the bosses more time for recreation and relaxation.  Munger then proceeds to argue …

Introduction The credit crunch began when the US sub prime mortgages went under and triggered a spiral effect in the economies around the world. This was followed by the falling value of houses in Britain that has continued unabated to this day.  Northern Rock succumbed to the crisis in September …

Introduction For more than two decades the Americans have been living beyond their means (Baker, 2005). There was a tendency to over spend on commodities that consumers did not need but simply because the products have been advertised. The economy survived more on borrowing from foreign countries, less saving by …

Introduction             Sub prime crisis is conventionally a strong economic aspect operating within the financial and real estate levels of economic variables. Its operating parameters are defined within the real estate market under controls of the standards and rates of making prime borrowings. However, economic diversity exists and holds between …

Introduction The Human Resource Information System (HRIS) is an information system that automates the administration of human resource functions such as the management of all employee information (i.e. updating of employee profiles, employment history, positions and job description), administration of employee benefits (leaves, bonuses, etc) provision of critical employee related …

JIM THORPE, Pa.—Government workers all over the country are getting layoff notices, but not in Carbon County in eastern Pennsylvania. Workers there are getting bonuses. For the first time in eight years, the county’s nearly 370 nonunion workers are getting a holiday bonus—anywhere from $100 to $200, depending on whether …

The ongoing investment banking crisis is hereby being addressed from Porter’s Five Model perspective. The five forces have somehow contributed to the current crisis. The open entry and exit from the competitive financial industry has continued to pressure existing firms to improve quality of services and products supplied to the …