Category: Economics 2707

Heuristics: Focusing on the Mediating Effect of Shopping Value Heuristics can be described as mental shortcuts that are used to solve problems or make probability judgments. They are generalizations aimed at reducing the effort required to think critically about a situation. They can either be effective or irrational when making judgments or coming to conclusions.…

Managerial Economics: Production Output Rate Table of Contents The cost schedule and output rate The cost data plotted as the ATC and MC curves Conclusion Reference The cost schedule and output rate Marginal cost is calculated by determining changes in the total cost when the rate of output increases by a single unit (Mankiw, 2016).…

Earning per Share and Return on Investment Background of the Case Earning per share (EPS) is known to be a key metric used to determine a shareholders portion of the companys profit. It is widely used to assess a companys performance, and high values of these indicators usually make a stock more attractive to potential…

Analysis of Deficit Spending Impact Background John Maynard Keynes is referred as to one founder of the present-day macroeconomics theory. He analyses the relationship between the governments spending habits to the governments income in the form of taxes (Wernicke, 2018). Deficit spending refers to a situation where the government expenditure rates are more than the…

Managerial Economics: Supply and Demand Market Table of Contents Introduction Illustration Discussion Conclusion Works Cited Introduction The demand and supply equilibrium is the basis of all commercial interactions between consumers and producers. It helps determine the price of products and the quantity available to the market. As a rule, market forces tend to serve as…

Entry into Emerging and Developed Markets Table of Contents Introduction Differences Between Emerging and Developed Markets Essential Factors to be Considered Conclusion References Introduction Improved productivity and changing consumer needs have motivated many company owners to globalize. Top executives of large firms, particularly in North America and Europe, recognize that internationalization is the most significant…

Managerial Economics. Elasticity Characteristics Table of Contents Introduction Illustration Discussion Conclusion Works Cited Introduction Price elasticity is a parameter used in determining the sensitivity of demand towards prices. Price sensitivity in customers can be induced by a myriad of economic factors, ranging from a lack of resources in the target customers to the presence of…

The Efficient Market Hypothesis Definition The purpose of the capital market is the efficient reallocation of funds between investors and borrowers. Individuals and firms may have excess capacity to invest in production but do not have sufficient funds to use them all for their purposes (Renshaw, 1984). If the capital market exists, they can borrow…

Migration Flows and Their Socio-Economic Impact The deepening of globalization is associated with an ever-increasing level of international migration (Artal-Tur et al. 8). In order to better understand the implication of the phenomenon, it is necessary to explore it from the demographic, social, and economic points of view. One should understand that migration is a…

International Economics: Tariffs in Argentina and Child Labor Tariffs in Argentina Having accessed the WTO website, I selected Argentina as a country for the analysis of tariffs. As the website confirms, in Argentina, the taxes and other duties on agricultural products are higher than those on non-agricultural products. According to the data provided by WTO,…