Economics Essays

Perfect competition can be used as a yardstick to compare with other market structures because it displays high levels of economic efficiency. Allocative efficiency occurs when there is an optimal distribution of goods and services. This involves taking into account consumer’s preferences. In both the short run and the long …

The role of the Finance Manager is the person who is takes full roles and responsibilities to advise and support the clients for making the best potential business choices for the future. The responsibilities of the finance manager will depend on how big the business or company actually is. The …

Without a sound financial system it is quite difficult and expensive to allocate resource and shift risks to its lowest level (low economic development). Financial system plays an important role in the economic development and it is divided into financial markets and institutions. The role of the financial system is …

Foreign direct investment is considered as a crucial ingredient for economic development of a developing country. Countries that are lagging behind to attract FDI are formulating and implementing new policies for attracting more investment. Foreign direct investment (FDI) plays an extraordinary and growing role in global business. It can provide …

In This Article “I feel so damn lucky” the author tom peters, who is a well-known management consultant, writer and a speaker, At the very beginning of the article, the author seems to be taking a very negative take on how the 21st century is going to change the “white …

1. The Current Ratio, 5.41 to 1 (2009) and 15.5 to 1 (2008), are due to a decrease in current assets of $1,159, and an increase in current liabilities of $15,427, which indicates a 10.1 to 1 change from 2008 to 2009 in the ratio of assets to liabilities. This …

Written contract for the payment of money, by its form intended as substitute for money and intended to pass from hand to hand to give the holder in due course the right to hold the same and collect the sum due PROMISSORY NOTE • unconditional promise in writing made by …

The biggest limitation of traditional budgeting system is that it focuses primarily on expenses, paying little attention to the results obtained as a result of the expenses incurred. Thus in the above example, the marketing manager may fail to cash on an opportunity to sell more by increasing the travelling …

1. Evaluate the various claims made by the union and counterclaims made by the company regarding the charges of unfair labor practices. Which of the arguments are most persuasive? 2. Was the statement by Nord to Snow on the date of the representational election a threat or a legitimate prediction …

At independence in 1971, most observers of the newly emerged country took a pessimistic view about the developmental prospect of Bangladesh. Many thought that the country would remain permanently locked in a ‘below poverty level equilibrium trap’. Although there is little room for complacency Bangladesh has come a long way …