Economics – Free Essay Examples

Essays on Economics

If you’re looking for well-written academic paper samples on Economics—you’ve come to the right place! Our database includes an extensive collection of works provided by top high school, college, and university students. Papers are donated with the goal to help those who struggle with their writing assignments. These examples can serve a multitude of purposes: from simply being an inspiration booster, to acting as a source for conducting research and gathering materials for your own work. Another benefit of checking out samples is to see how a specific paper type is written or how a certain citation style should be implemented.

Renewable Energy Resources and Its Types

Renewable energy resources are continually used and have no likelihood of running out; they can be used over and over. These resources include solar energy, power from the wind, water power, waves, and tides. Naturally, they have a limited…

“An Inquiry Into the Causes of Wealth of Nations” by Adam Smith

Adam Smith’s magnum opus “An Inquiry into the causes of the wealth of nations” is a work that encompasses economics and moral sentiments that are concerned with the political and social aspects of the creation of wealth and the…

The Federal Reserve Board in the Face of Inflation

Introduction The Federal Reserve System is the highest financial institution that governs the country’s financial dealings. It is charged with among many other roles regulating money supply plus dealing with the issues of inflation though it can only put…

Gasoline’s Price and Problem of Increasing

Introduction The situation in the global energy sector is just unbearable; in fact to be honest the situation is one that almost calls for something like divine intervention if the poor folks of the world today are to be…

Savings Interest Rate How to Save Money

Introduction To begin with it is necessary to mention that people choose to save their money because of the possibility to gain interests for saving money. Some prefer their money to work and benefit, the others just want to…

Bilateral Investment Treaties Analysis

The current debate on the purview and the content of the canons of international law pertaining to the treatment of corporate entities has mostly concentrated on the deprival of such property. Notable illustrations of diplomatic protection by home states…

Globalization Strategy in the Organizations

Background There are a number of reasons why companies may want to go global. First, it is a way of expanding their market without branching into different kinds of businesses. Second, it allows companies to make economically beneficial alliances…

Sustainable Development

When “sustainable” development went mainstream, it became an economic and corporate mantra that even governments supported. The policies that went with sustainability, however, became a challenge with deep-rooted problems that global corporations and even smaller organizations need to address…

Globalization Definition

Introduction Globalization influences the international business to a greater extent. Globalization is used in a context such as processes, perspective and more so in outcomes. It is expressed in various dimensions e.g. from political, economical and socio cultural points…

Inflation Trend in China and Government’s Counteract

In the recent governance concerns in the Chinese government, inflation is the subject for discussion as the monthly inflation is setting records recently in the economic arena (Harper 2008). This is evident that the CPI (Consumer Price Index) rose…

Fair Trade and Free Trade

Introduction The paper aims at explaining two important terms associated with international trade that is free trade and fair trade. Furthermore the paper is also intended to discuss the “fairness of free trade” by analyzing the international trade operations…

Global Managerial Economics: Trade Theories

The classical school of political economy emerged in the period of origin and approval of the capitalist mode of production. The foundations of market economic relations developed further in the world’s wealthiest countries. It became evident that state intervention…

International Trade. Arab Governments’ Economics

Introduction This paper would seek to provide an economic understanding –as to the reasons regarding the trends about the government expenditure. The paper would provide a trend analysis of the way Arab governments have spend their funds in order…

Labor Relations and Collective Bargaining

Overview of labor relations Origin and purposes of trade unions The history of labor relations and collective bargaining can be traced back to the medieval times in the western world. The main workers of these times were the craftsmen…

Globalization Concepts Analysis

Introduction Globalization is whereby local and regional trends are changed into worldwide trends. It is marked by the unification of the world’s people into a single cultural setting and is capable of functioning together. It involves the integration of…

Nike: Supply and Demand

The NIKE, Inc., which is engaged in the manufacture and sale of sports shoes as the main products, as well as related sports accessories and clothing, is the largest company that supplies sports goods worldwide. The company recognizes that…

International Business. Euro in the European Union

Abstract This paper discusses the impact and importance of the euro on the European economy. First, it looks at the European economy and then forces on the formation of the European Union as a common. The paper explains the…

How Consumers Try to Satisfy Their Needs and Wants?

Introduction Consumer needs satisfaction has continued to grow over the past years. It is within the companies’ main agenda to satisfy these needs. With the growing competition, companies must work extra hard to fight for consumers’ limited resources. Companies…

The General Characteristics of the Average Costumer

Introduction Globalization, integration, cooperation… All these words are suggesting the idea of unity; they represent all people of the world as one global community, one friendly family. It sounds very optimistic, however, in this global unity and happiness, there…

Weakening Dollar: Effects.

Introduction What is a dollar? A dollar is the currency that is used as a medium of exchange in the United States of America. U.S. dollar has been used as the official currency of some other countries like Zimbabwe…

International Trade and Policy

Introduction In this era of globalization, world economics affects every country and its economic scenario. The policies for international trade that are adopted by the country would decide on the success or failure of its industries. It is, therefore,…

Japan and America – Trade and Culture: A Widening Gap?

Introduction The trade relationship between Japan and The United States dates back almost 200 years with many fruitless attempts to establish trade before that. The first American explorations began not long after America gained its dependence on Great Britain.…

International Finance. Foreign Currency Hedging

Executive Summary The availability of different methods of hedging against currency risks provides companies with the flexibility of choosing the ones that meet their needs best. The most common methods in the global hedging business include Euro bank account,…

Subprime Mortgage Crisis in the United States

Introduction The sub prime lending is the practice of making loans to borrowers who do not quality for market interest rates due to factors that are considered such a income levels which are low, the size of down payment,…

Economic Integration for European Member States

The opportunity and even necessity of an increase in the number of members of the European integration association have been incorporated in the idea and fixed in the Roman contract of 1957. As the former chancellor of Germany Helmut…

Free Trade Areas and Their Effects on Countries

Trade is one of the oldest activities of man since time immemorial. For many years, man has never been able to survive and stay as an independent unit. There has been the interaction of people from diverse parts of…

Net Present Value Method of Investment Appraisal

Introduction There is a strong relationship between the risk associated with a project and its net present value. Adequate and reasonable calculation of the net present value of an investment is possible only with an appropriate assessment of risk.…

Banking & Finance: Currency Fluctuations

Research strategy The research strategy involves gaining an understanding of problems and applying materials and design expertise to provide solutions. Whilst this approach has been extremely successful and will remain a primary route for product development, increasingly seeking solutions…

Monetary and Non-Fiscal Policies for Economic Growth

Summary: goals of monetary policy, history of monetary policy in the U.S. economy. Inflation targeting, maintaining macroeconomic stability: assuring policy goals. The main objective of any government fiscal policy is to sustain economic growth, price stability, and employment rates…

Macroeconomics of China, Australia and Greece

China’s economic growth The freefall of the global economy forced Chinese economic growth to fall to a low of 9.2%. The GDP growth had been steadily growing from 1999 to a high of 14.2% in 2007. The real GDP…

Interest Rates Regulation by Reserve Bank of Australia

The Difference Between the Official Cash Rate and the Market Rate of Interest The Official Cash Rate (OFC) can be defined as the interest rate that gets charged between financial intermediaries, on overnight loans (Lien, 2009). OFC relies on…

Globalization Impact on Developing Economies

Description of the Research Topic The topic for this research is centred on investigating the effects of globalization on developing economies. It emerges from conflicting views of experts, observers and pundits who disagree on the effects of economic integration…

Money Supply and Inflation in Japan

Introduction Japan is one of the top ten leading economies in the world. It has managed to stay aloof because of the monetary policies it puts in place to manage its economy. The Bank of Japan Governor is usually…

Trade Disputes and Export Policies of States

Oil export Ecuador relies on petroleum resources substantially (CIA, 2013). Petroleum exports account for more than 50% of its export earnings per year (CIA, 2013). In early 2000, the banking crisis had a large impact on Eduardo’s economy. Ecuador’s…

Fiscal Policy in Australian Economy

Fiscal policy definition Fiscal policy refers to the process by which a government regulates its spending levels to ensure a stable economy. Fiscal policy work together with monetary policy and they are both implemented by the Central bank of…

The US Trade Policy

Despite the continued globalization efforts, the United States increasingly resisted trade liberalization in some sectors. Moreover, the American labor movements view American trade policies as unregulated and disfranchising to the American workers. They link this to the aspect of…

Microeconomics: Demand and Supply

Draw a graph showing the demand and supply at various price levels and mark the equilibrium price and equilibrium quantity. Equilibrium price of commodities in the market is determined by the interaction of the demand and supply curves. Equilibrium…

Australia’s International Marketing and Trade Policies

Can you identify international trade policies and agreements that are impacting Australia’s international marketing opportunities? The Australian government has been a signatory to trade agreements such as bilateral and free trade agreements. It has existing vital agreements with other…

The Globalization of Services: Operations and Strategies

The Globalization of Services chapter focuses on the current conditions of the globalizing world and how they can be addressed by businesses (Shameem). The international market presents interest as it holds the potential for the growth of revenues. However,…

United States Fiscal Policy in 2011-2012

What is meant by Fiscal Policy? Fiscal policy is a demand management policy that entails the use of government spending, taxation, and borrowing to control the pattern of economic activity as well as influence the level and growth of…

The World Trade Organization Role on Global Area

United Nations ‘‘Policy’’: An Argument with Three Illustrations “In this article, we initiate a long overdue conversation on the subject of ‘‘UN policy.’’ First, we speculate as to whether and, if yes, in what sense there is such a…

Trade Liberalization and Impact on Economic Growth

Introduction This study was meant to delve into the wide area of trade liberalization as an issue that is gaining many roots in this new world order and influencing the economic growths of the participating countries. It lays a…

Price Elasticity of Demand for Paint

Case Summary The price of a gallon of paint increases from $3.00 a gallon to $3.50 a gallon. The painter’s usage of paint drops from 35 gallons a month to 20 gallons a month. The price elasticity of demand…

Oil Demand as a Reason of Its Price Increase

Oil Price will go up Energy is the most precious natural resource that changes the balance of an economy, the modern world would turn into a world of junk without energy. Among all available energy sources, oil is the…

World Trade Organization’s Creation and Challenges

Introduction Some nations around the world may create policies that impair other countries from trading competitively in various markets. This state of affairs introduces a trade imbalance that directly hinders development in the affected nations if appropriate rules and…

Inflation, Its Causes and Nexus with Unemployment

Causes of Inflation Emergence Disproportion among a country’s goods and money supply; Increasing the amount of money for large expenses; Mass use of currency for credit programs; The absence of mechanisms for regulating monopolists’ prices; The influence of trade…

Time Value of Money

The concept of the time value of money stands for the idea that the value of money that will be obtained in the future is lower than that of money available at the moment (Magloff, 2018). In the time…

Financial Crisis, Origin and Governmental Measures

Introduction The financial crisis is one of the events that have dominated debates in the United States and other parts of the world in the recent past. The crisis, whose origin started within the American banking sector, has had…

Economic and Political Situation in India

Global Meltdown and Indian Economy The evident connections between macroeconomics, money, and finance are one of the primary aspects to focus on when entering a market in a foreign country. Thus, to enter the Indian market and start developing…

World Political Economy and Trade Organization

Introduction Promoting economic welfare and creating the environment in which international trade and business communication could be a possibility is a crucial requirement for the existence of the contemporary global market. The significance of international trade can hardly be…

Globalization and Its Influence on the World Economies

Introduction The contemporary society is characterized by drastic changes that arise from globalization. Globalization facilitates the realization of a world society interconnected by structures that make it appear like a village. Mainly, technological advancements experienced today have aided the…

The Great Recession and Its Impacts

The Great Recession and the consequently provoked global economic crisis of 2008-2009 had led the USA to the fundamental changes in monetary and fiscal policies. Due to the several unfolding crises – the mortgage lending and credit crisis that…

Fiscal Policies and Economic Systems of the World

5 strategies to reduce income inequality within a country Peters asserts that progressive taxation is the most efficient way to reduce income inequalities in a society (72). In this approach, high-income earners pay more taxes than the low-income earners.…

Gross Domestic Product and Its Economic Utility

Utility of GDP Economic growth has been the measure of countries’ well-being for almost a century with Gross Domestic Product (GDP) being the primary instrument for this. Even though GDP has proven its usefulness over the years, there are…

Australian Fiscal Policy in 2010-2011

Fiscal Policy Fiscal policy refers to the approach that a government employs in collecting and spending money to achieve economic stability within a given period, usually one year (Belmann, 2010, p. 3). Therefore, each government introduces its fiscal policy…

Foreign Direct Investment Effects

Foreign direct investment (FDI) is the net flow of investment into a foreign economy with the ultimate aim of acquiring a lasting interest in the business. This is achieved through different avenues such as purchasing shares in an enterprise…

Multinational Corporations’ Investment

Introduction Multinational corporations (MNCs) refer to businesses that operate across borders. These kinds of business entities typically have their headquarters in one country and other business locations spread across other countries. Multinationals are also called transnational corporations (TNC) or…

Federal Reserve’s Monetary Policy in Crisis Response

During the crisis, the central banks, with the lead of the American Federal Reserve Board, built up, installed, and in the majority of instances later secured, numerous tools intended to inject liquidity and backing monetary markets. After the predicament,…

Fiscal Policies, Tax Cut, and Economic Stimulus

Definition of Total Consumption Total Consumption: this refers to the total expenditures of a person (or entity) and consumption of specific goods incurred by households. Disposable Income: This is the income available for spending or saving after deduction of…

Retention of Customer Is Better Than Acquisition

In today’s dynamic and competitive world, firms strive to focus on activities to facilitate reciprocally beneficial exchanges. Firms confront grave challenges and search for opportunities. The firms focus on establishing multi-dimensional relationships with their customer so they could be…

S&P 500 Index Funds vs. Private Equity Funds

Abstract This paper explores the returns of private funds and the returns of the S&P 500, to ascertain which returns are more favorable for investors for investing. The study will make use of quantitative research methodology in the collection…

The Frozen Food Market: Long-Term Investment Decisions

Outline a Plan for Managers The frozen food market in the US is undergoing a deceleration since 2014, especially for the ready-to-eat segment, which was one of the most lucrative segments even in 2014 (Frozen Food Industry, 2015). As…

Consumer Behavior and Influential Factors

Abstract Consumer behavior is the responsiveness of clients towards a product in the market. Influential factors, which dictate consumer willingness to purchase a product, are personal, psychological, cultural, situational, and social factors. The influential factors have a hierarchy based…

Understanding Inflation Implications for Monetary Policy

Introduction The significance of monetary policies in an economy is eminent. Their objectives are usually distinct and focused on economic factors. For instance, these policies aim to lower the average rate of inflation. Monetary policies also tend to reduce…

China’s and India’s Economic Power Shift

The Evolving Balance of Economic Power Shift from the West to East Economy power has been shifting in the last decade towards east from the west. The shift has resulted from increasing business and knowledge base in China and…

Free Trade and Regulated Trade in the UAE

Abstract In every part of the world, businesses face an uphill task to conform to the laid down environmentally friendly practices and regulations. The increased economic activities in the United Arab Emirates result in the production of more energy…

World Bank and International Monetary Fund

Introduction The world has some important international organizations that are somewhat confusing in their operations and their global functions. In the world, Steil (2013) explains that there exists the World Bank and the International Monetary Fund. According to Steil…

Global Political Economy and Its Evolution

Introduction The concept of the global economy is not easy to understand because it requires a certain portion of knowledge in the spheres of politics and economics at the same time.1 Different authors and researchers introduce their approaches to…

The Concept of Globalization and Human Existence Aspects

The concept of globalization is inevitable and, therefore, it affects almost every aspect of human existence with a considerable influence on three major areas, including economic, social, and political dimensions (Olimpia and Stela 29). Economically, countries and trade regions…

Keystone Pipeline: Trade between Canada and USA

Introduction Over the years, Canada has shown the capability to establish and maintain a stable and reliable political and social system, in addition to a healthy and flourishing economy. Even though empirical evidence indicates Canada to have a comparatively…

Does Globalization Benefit Developed and Developing Countries?

Introduction Globalisation has offered countries a tremendous chance of economic development. Nevertheless, not all countries are growing at the same pace. While a majority of the developing countries are struggling to integrate into the global market, developed countries are…

Regional Economic Integration and Trading Blocs

Introduction Regional economic integration refers to an international business strategy that creates a healthy environment for international business enterprises in different countries to collaborate in order to create wealth and economic stability for citizens. Ordinarily, the participating countries sign…

Hospitality Industry’s Consumer Science

Abstract While there are numerous studies conducted on consumer behavior, no single study has developed a universally acceptable model. This report evaluates the historical development of consumer science especially with regards to consumer decision making process. The paper highlights…

Commodity and Non-commodity Markets Analysis

Introduction By considering certifiable markets and their results, economists have identified a number of market attributes that if present leads to positive results and if missing leads to negative or even unattractive results. In the event that all these…

Price Elasticity of Demand

Introduction Demand is an economic term used to refer to the quantity of goods or services a consumer is able and willing to purchase at a given price over a given time period (Todd, 2010, p.1). Supply is an…

Poor Nations in the Transacting Free Trade

Introduction Politicians and economists have all along been advocating for free trade, which they point out will guarantee that resources reach out to consumers at lower costs. Developed countries, especially Europe, are reaching out to African countries with the…

Housing as a Social Asset

Homeownership in modern industrialized nations has become a commodity in the real estate market. It no longer represents an idolized dream of creating a family home. However, the value of homeownership as a factor in individual and social stability…

Market Models and Their Long-Run Economic Profit

The perfect competition is a model of the market in which many sellers and buyers interact. At the same time, all subjects of the market relations have equal rights and opportunities. For example, the market of cars may be…

IPhone 5S vs. Samsung Galaxy S6: Supply and Demand

Consumers’ Income Normal goods are those products or services whose demand increases when the consumers’ level of income increases. A reduction in the income levels of the consumers causes a drop in the demand for the product or service.…

Real Estate Sector in Dubai, UAE

The problem that CEOs Face in the Dubai Realty Sector A major problem facing CEOs in the real estate sector in Dubai is the uncertainty in the property business. CEOs in the real estate business are worried about the…

Short-Run and Long-Run Production and Costs

Factors that affect short run production Upward sloping supply curve characterizes short run production. The supply curve emanates from the law of diminishing marginal utility. The law states that as additional units of variable factors are added to the…

France Economic Performance

Introduction The industrial revolution in France took part later in the 19th century, and it was associated with slow growth compared to the growth in industrialization in other European nations. France has always relied on the Agriculture sector for…

Market Equilibration Process

Introduction The understanding of the market equilibrium concept and its importance in macroeconomics is an invaluable skill for business managers. The concept of market equilibrium has surfaced severally in the American financial market (Ball, 2009). However, this paper defines…

International Business: Global Monetary System

How will the balance of payment accounts of the developing countries change, given the rapid increase in exports from, and FDI flow to these countries? Balance of payment (BoP) accounts refers to any accounting records of monetary transactions made…

Oil Prices, Supply and Demand in the United States

Article summary The article titled “when the supply shocks are demand shocks and the demand shocks are supply shocks” discusses the effect of changes in oil price on the economy of the United States. According to the writer, high…

Current Monetary System vs. Breton Woods System

An international monetary system comprises rules, institutions, and conventions that are agreed upon by countries of the world for the primary purpose of facilitating trade, capital reallocation, and cross-border investments. It provides a means through which buyers and sellers…

Finance: AA-DD Model and Gross National Income

Derivation of the DD Curve A DD curve usually plots a GNP, which is at equilibrium, and the possible exchange rate that may prevail at any point in time. As such, any point on this curve represents a value,…

Global Financial Crisis 2008 and Its Effects

Introduction The global financial crisis of 2008 is the most significant economic upheaval since the Great Depression that became the source of many fears and considerations of economists around the globe. High unemployment rates, low real income, changes in…

International Finance: Interest Rates and Money Supply

What is money? The concept of money can be viewed from different perspectives. For example, money can be used as an asset serving as a unit of account, as a medium of exchange as a store of value Money…

Core Economics: Monetary Policy

Describe the difference between fixed and flexible exchange rates Fixed exchange rates refer to the predetermined nominal rates of exchange that are arbitrarily set by a government. To this end, a government, through a fiscal monetary policy organ such…

Import Tariffs and Their Impacts on Economies

Introduction Trade policies have traditionally constituted one of the most debated economic matters, and the question of whether imposed tariffs on imports improve the economy of a nation or not arises cyclically. The recent trade war between the USA…

Perfect Competition vs. Monopolistic Markets

Perfect competition denotes a market setting in which all companies deal with a similar product and cannot control the price of the commodities. Since market share does not affect price, the consumers have a great influence as they have…

Price Elasticity of Demand for Electricity in China

Price elasticity of demand measures the sensitivity of quantity demanded of a commodity to a unit change in the price of the commodity holding other factors affecting demand constantly. An increase in the price of commodity results in a…

Money Withdrawal and Account Transfer Use Cases

Description The use case under analysis describes the procedure concerning withdrawing money from a bank account by a customer. The relevant process implies four principal actors: the customer, the bank system, the service administrator, and the security administrator. The…

The United Arab Emirates’ Economic Policies

Economic diversification is key to the economy of UAE, most recently, UAE rates the most diversified economy in the GCC countries, what do we mean by diversification and what are the key sectors that are key for diversification in…

Price Elasticity

From the case analysis, the price of customized number of plates changed from $25 to $75. The change in price resulted to a reduction in the number of plates ordered by citizens of Texas from 150,000 pieces to 60,000…

Rental Apartments’ Supply and Demand Simulation

Two microeconomic and macroeconomic principles The simulation concerns a supply and demand for two-bedroom rental apartments in Atlantis. Several factors affect the demand and supply of two-bedroom apartments leading to a shift in both the demand and supply curves.…