Economics economy Essays

37 essay samples found

The Economy of Cameroon

Did you know that Cameroon was the first African country to reach the quarter-finals in a soccer World Cup competition in 1990? Cameroon has the potential to grow past eth current economic state due to the presence of resources which might not have been utilized to their full potential. The country has a rich cultural […]

Pages: 3 Words: 971 Topics: Africa, Agriculture, Economy, Unemployment

Unemployment Within the Economics

Most of the socio-economic studies indicated that unemployment within the economics of crime studies is positively related to crime. Committing crime without failing while unemployed has a higher reward (Burdett et al, 2004). Unemployment shows lack of opportunity for participation in the labour market and the acquisition of legitimate earnings (Freeman, 1999). The exclusion from […]

Pages: 1 Words: 377 Topics: Crime, Economy, Policy, Social Issues, Unemployment
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How does the Unemployment Rate Effect the Economy?

The rate of unemployment is more than a percentage of unemployed people, it is used as key a macroeconomic indicator when determining the health of an economy. The unemployment rate is found by taking the labor force and dividing it by the number of people who are currently searching for a job, also know as […]

Pages: 6 Words: 1891 Topics: Economy, Employment, Macroeconomics, Tax, Unemployment

Economics of Globalization

Tata Motors Limited located in India and in different countries all over the world. where economic growth has started for decades. Still, there are some challenges that can affect the growth rate in all respect. Like GDP; growth; business cycle; inflation; unemployment; political stability; trade balance. Real GDP or Gross Domestic Product (GDP) at constant […]

Pages: 3 Words: 897 Topics: Economic Growth, Economy, Globalization

Apple in Microeconomics

As inter-specific competition increases between companies, especially in the same product line, there is need to come up with better and innovative ways to market their brand. These product enhancement techniques need to meet the current consumer demands and tastes and preferences. However, there are other factors like quality, quantity, and price that also affect […]

Pages: 5 Words: 1643 Topics: Apple Inc, Economy, Microeconomics

Examining GDP and Unemployment

Research over the years has shown that unemployment rates and Gross Domestic Product (GDP) figures go hand in hand. This paper aims to define and discuss GDP, and its relation to economic growth. Additionally, the paper will discuss how the use of fiscal or monetary policies can effectively battle recession and aid in the growth […]

Pages: 5 Words: 1492 Topics: Economic Growth, Economy, Fiscal Policy, Macroeconomics, Monetary Policy, Policy, Unemployment

Examining Unemployment

In order to participate in a nation’s economy, money is required for consumers to purchase goods and services offered. Most consumers earn money through employment, and the number of individuals in a nation that are employed has been an important measure of economic stability (Boone, Berston, & Kurtz, 2016). The gross domestic product (GDP) is […]

Pages: 4 Words: 1240 Topics: Economic Growth, Economy, Fiscal Policy, Macroeconomics, Monetary Policy, Policy, The Great Depression, Unemployment

GDP and Unemployment

The gross domestic product (GDP) is the measure of goods and services produced in a country during a year (Boone 2016). When GDP is increasing, the economy is in expansion mode. When GDP is decreasing, the economy is in a recession. Economic growth occurs when the GDP increases over time. When economists use the term […]

Pages: 2 Words: 737 Topics: Economy, Finance, Fiscal Policy, Macroeconomics, Monetary Policy, Policy, Unemployment

The Myth that Taxes are Used for the Common Good

Back in time, during the 1760s, taxation was in the makings during the colonial challenge against the British tax collection approach leading to the American Revolution. The free country gathered expenses on imports such as whiskey and broken glass. States and regions gathered survey charges on voters and property business structures. State and bureaucratic legacy […]

Pages: 7 Words: 2244 Topics: Economy, Employment, Poverty, Tax, United States

Economic Levels of Sudan, Nigeria and the United States

Introduction The world is made up of 195 countries. The countries are all on different economic levels. The most economically advanced, capitalistic and industrially powerful countries are referred to as the first world countries and they include the likes of the United States, Britain, and Germany. The second division comprises of countries which are developing […]

Pages: 5 Words: 1580 Topics: Economy, Finance, Nigeria, United States

What are Private Property Rights?

Property and prosperity rights are inseparably linked. The significance of having strongly protected and clearly defined property rights is currently widely recognized among policymakers and economists. A private property right provides people the exclusive right to utilize their resources as they see appropriate (Calandrillo, et al., 2015). That power over what belongs to them leads […]

Pages: 2 Words: 652 Topics: Economy, Policy

Unemployment in the U.S

  As indicated by the Bureau of Labor Statistics, the rate of joblessness in Joined States has expanded over at a disturbing rate. Around 6 million individuals in the United States are jobless according to deptofnumber.com. This has influenced the economy of the nation contrarily. The insights uncovered the joblessness rates for different gatherings of […]

Pages: 5 Words: 1463 Topics: Economy, Employment, Policy, Unemployment

Discussion of Government and Unemployment Insurance

Discussion 1 a). Medicare is a program by the federal government in US, which offers health cover to its citizens. The package is extended to cover old people who have 65 years and above as well as young individuals who have disabilities. The health cover plays a major role in providing financial plus health security […]

Pages: 2 Words: 642 Topics: Economy, Employment, Health, Policy, Social Issues, Unemployment, Welfare

Government Responses to Unemployment

Historical Background: The Great Depression served as a “feeding ground” for unemployment in the U.S as it was at its highest in 1933 at 24.9%. Many businesses began to fail because of this. Even if they had a healthy economy there should always be a normal rate. This made it hard for companies to expand […]

Pages: 5 Words: 1603 Topics: Economy, Employment, Macroeconomics, Monetary Policy, Policy, Unemployment

Unemployment Analysis

The U.S. Government considers a person unemployed if they are at least 16 years of age, willing and able to work, and who are actively seeking employment, but have not found a job. To be considered unemployed, someone does not have to lose a job. The unemployment rate also includes people who are returning to […]

Pages: 4 Words: 1210 Topics: Economy, Employment, Unemployment

Long-term Unemployment

Long-term unemployment is when workers are jobless for the time set by the federal government which may enable some to receive unemployment benefits. In order to receive unemployment benefits by the Bureau of Statistics, they must actively seek employment for at least 4 weeks prior to receiving unemployment benefits. Many unemployed people become disheartened about […]

Pages: 4 Words: 1289 Topics: Economy, Employment, Unemployment

Income Inequality and Economic Growth in Pakistan

In time series data which indicates that increasing income inequality is likely to spur higher levels of GDP, For example, Shahbaz,( 2010) employed a time series data on Pakistan for the period 1971-2005, Using ARDL bound test approach, to determine the relationship between income inequality and economic growth in Pakistan. The results show that income […]

Pages: 2 Words: 578 Topics: Economic Growth, Economic Inequality, Economy, Social Issues, Unemployment

Economic Policy

Institutional qualities are the major determinant of every country aspiring to have good governance such as; voice and accountability, regulatory control, control of corruption, government effectiveness, rule of law and political stability. This study will focus on the rule of law and political stability as a proxy for good governance. Good governance of a nation […]

Pages: 2 Words: 615 Topics: Accountability, Economic Growth, Economy, Justice, Policy, Social Issues, Unemployment

Unemployment in Zimbabwe

Unemployment rate is equivalent to the economically active group of people that is unemployed and more so looking for jobs. During the precolonial era, Zimbabwe had one of the strongest economies in Africa and at one point dubbed the “Bread basket of Africa”. The British colonized Zimbabwe and therefore in the process; managed to bring […]

Pages: 4 Words: 1301 Topics: Economic Growth, Economy, Unemployment

Marxism Revealed

After engaging with the rigorous content of Don Hertzfeldt, ” World of Tomorrow “, it became clear that most of our actions and even aspirations are predetermined. In Hertzfeldt’s “World of Tomorrow” death is an inescapable reality, through means of cloning and the stories focus Emily and her interactions with a future generation Emily. Marxism […]

Pages: 3 Words: 856 Topics: Capitalism, Economy, Karl Marx, Marxism, Social Class

Youth Unemployment

Exploring factors hindering the implementation of youth development package in addressing youth unemployment:) CHAPTER ONE 1. Introduction 1.1. Background of the study The reason for investing in young people is clear. Today, 1.2 billion adolescents stand at the challenging crossroads between childhood and the adult world (UNICEF, 2011). Youths represent 25 per cent of the […]

Pages: 6 Words: 1733 Topics: Economy, Employment, Policy, Research, Social Issues, Unemployment, Youth

Unemployment as a Social Issue

Introduction. Unemployment is real issue in the modern society and has devastating impact on people’s lives. The effects are not limited to the unemployed individual but also family members and the wider community. As unemployment is time bound, with the duration of unemployment have far reaching effects even affecting the living standards in retirement 2. […]

Pages: 3 Words: 931 Topics: Economy, Employment, Policy, Social Issues, Unemployment

Production Planning Processes

Founded in 1944, Burgmaster took a stable market position in the machine tool industry. Its stability was propagated by its turret-head drill, which was based by Fredrick Burg. Its capacity and ability to reduce production costs made the Burgmaster drill a favorite tool in the then budding aerospace industry. With the early market, dominance came […]

Pages: 7 Words: 2031 Topics: Economy, Innovation, Strategic Management

Marxism Analysis

Categorized as the father of communism, Karl Marx shared many beliefs as an economist, journalist, theorist and most importantly a philosopher. As a fellow Hegelian, Marx believed in the dialectical method, the thought of implementing a new idea with an old one to create a new principle. His critique that dialectics should not accept the […]

Pages: 4 Words: 1108 Topics: Capitalism, Economy, Karl Marx, Marxism, Social Class

Unending Economic Struggle for African Africans

The Civil Rights Act of 1964 may have come as the most important constitutional change for African Americans, ending segregation in public places and any form of racial discrimination in the United States. While this may have ended the public disgrace for African Americans, racial discrimination had just taken a whole new angle, where it […]

Pages: 5 Words: 1435 Topics: Critical Theory, Discrimination, Economy, Employment, Employment Discrimination, Inequality, Racism In The United States

Impact of Natural Disasters on Risk Management

Research says threats of natural disasters may continue to rise due to the increase in the average temperature of the water in oceans (Tennyson & Diala, 2016). Weather events will be intense and frequent due to global warming. This will result in rising sea levels and other environmental changes. According to Tennyson and Diala, disaster […]

Pages: 2 Words: 703 Topics: Economic Growth, Economy, Risk Management

Unemployment Rate and Urbanization

Relationship Between Real GDP Per Capita, Inflation Rate, Unemployment Rate and Urbanization Introduction Economic growth of a country id influenced by various factors such as inflation, urbanization and unemployment. These factors can also influence economic income of a country. The relationship between inflation and real GDP per capita is one of the most widely researched […]

Pages: 3 Words: 910 Topics: Economic Growth, Economy, Unemployment, Urbanization

Capitalism According to Marx and Engel

Capitalism according to Marx and Engel in the communist manifesto is viewed as a class-based model in the society where individuals are divided into classes based on wealth. The class separation results in class struggle and competition. The capitalism system first causes exploitation of those providing labour that according to Marx and Engel belongs to […]

Pages: 3 Words: 991 Topics: Capitalism, Economy, Karl Marx, Marxism, Social Class

What is Marxism?

Karl Heinrich Marx (1818-1883) was a radical social theorist, whose thoughts on social, economic and political systems are generally referred to as “Marxism” (Honderich, 1995). The basic tenets of Marxist philosophy are predicated on Marx’s theory of history, which regards human history as a continuous struggle between socio-economic classes (Witt, et al, 1980). According to […]

Pages: 3 Words: 958 Topics: Capitalism, Economy, Karl Marx, Marxism, Materialism, Social Class

Role of Doubling Cigarette Taxes

Decades after the harms of smoking have been well established and documented, tobacco use is still prevalent in today’s society, resulting in 7 million deaths per year worldwide (WHO, 2018). According to a study published in the BMJ, getting people to quit smoking may be as simple as making cigarettes more expensive. The study suggests […]

Pages: 1 Words: 426 Topics: Economy, Poverty, Tax
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