Economics Essay Samples With Topic Ideas

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budget

Name Professor Course Date Revised budget Monthly Budget Income and expenses Old budget New Budget One Year Total Income Total income 1850 2190 26280 Fixed to expenses Rent 600 600 7200 Insurance 475 475 5700 Rental insurance 20 20 240 Laptop - 50 600 Total fixed expenses 1095 1145 13740 Variable expenses Utilities 230 230 2760 Groceries 300 300 3600 Discretionary 75 55 660 Entertainment 50 40 480 Total variable expenses 655 625 7500 Totals Total expenses 1750 1770 21240 Net savings 100 420 5040 Entertainment and discretionary categories got less allocation of funds in the new budget which aimed at reducing the total expenses and boost the amount available for saving....

Words: 275

Pages: 1

price floor

Unit 6 Assignment: Price Floor Name: Course Number and Section:AB224-0X Date: General Instructions for all Assignments 1. Unless specified differently by your course instructor, save this assignment template to your computer with the following file naming format: Course number_section number_Last_First_unit number 2. At the top of the template, insert the appropriate information: Your Name, Course Number and Section, and the Date 3. Insert your answers below, or in the appropriate space provided for in the question. Your answers should follow APA format with citations to your sources and, at the bottom of your last page, a list of references. Your answers should also be in Standard English...

Words: 275

Pages: 1

How The economy has improve on the last few years and how it has improve?

Name: Instructor’s Name: Course: Date: The Economic Improvement in the U.S The state of the economy is one of the most influential and significant topics at the heart of any country across the world. As a result, I will talk about how the U.S has advanced economically over the past few years by looking at the basic economic indicators; the GDP levels over time, the employment rates, and inflation levels. Looking at the economic state of the U.S over the last few years, anyone can reasonably claim that its economy has greatly improved although at a relatively slow rate. To start with, the country’s GDP level has improved by 4.1% in the 2nd last quarter of 2018. This was far above the 2.2%...

Words: 275

Pages: 1

Productivity revised

Student’s Name Tutor’s Name Course Date Productivity Social entrepreneurship entails the practice of business activities by a large percentage of people in a community. When people in a community are motivated and inspired to become innovative, they create self-employment (Mair and Ernesto 122). They identify opportunities and open business thereby increasing the economy of the region. Social entrepreneurship leads to increased competition which in turn makes entrepreneurs identify tactical strategies to increase the quality of their products and services so that they can win large market share. This leads to expansion of entrepreneurial activities as entrepreneurs expand their...

Words: 275

Pages: 1

ECON 2200 MACROECONOMICS

Name Professor Course Date Tariffs on Aluminum and Steel The President of the United States of America, Donald Trump signed a policy that imposed tariffs on aluminum and steel that will be imported into the country. Tariffs aim at ensuring the local industries are protected from competitors. Donald Trump argued that some countries had been dumping their cheap metal to the USA market hence disadvantaging the firms in the country. For example, South Korea is linked with the supply of cheap steel from China. However, the tariffs are exempted on Mexico and Canada since they are USA’s allies. Additionally, Trump stated that Australia would also be exempted since they have been good friends. The...

Words: 275

Pages: 1

Wall Street Journal article on the monopoly power of tech giants.

Student’s Surname Professor Course Date Monopoly power of tech giants In recent years Google, Amazon, and Facebook have made the market headlines. However, there are some critics and companies as well as the public who want these technological giants to be regulated. They have been seen taking advantage of the people’s voice, copyrights as well as tampered with democracy and political issues over so many times. Most of their products, goods, and services are unrestricted and free to their customers (Greg, 3). They are using their control to lure in competitors through the different products produced and their prices, but they never made it to the customers for them to see or purchase if...

Words: 275

Pages: 1

sin tax

Name Instructor Course Date Sin Tax Q1 A sin tax is a tax levied on goods and activities that are considered to be socially harmful to consumers. A sin tax generates revenue for the government and also reduces consumption due to the high prices of taxed products and services (The Economist n.p). States find it challenging to raise notable revenue from taxed items since a higher revenue is always associated with increased consumption. However, some products like alcohol are addictive and their demand may not be responsive to changes in price. Q2 A sugar tax involves taxing foods such as sugar which is required by humans for survival. This differs from the sin tax on alcohol and tobacco since...

Words: 275

Pages: 1

oligopoly and game theory

Holder’s name Instructor’s name Economics 11th November 2018 Oligopoly and game theory Nick Ibrahim split steal split £6,800 £6,800 £0. £13,600 steal £13,600 £0 £0, £0 The players have a dominant strategy, it is (split, split) The players have a Nash equilibrium, it is (split, split) They have a situation where the equilibrium is not Pareto-efficient." These kinds of games are referred to as the prisoner's dilemma. The solution is confess, confess.”CITATION Placeholder1 l 1033 (Poundstone)The outcome of the game is that there is a Nash equilibrium and a dominant strategy. which is (split, split). The outcome isn’t what I would have expected given that both parties had a...

Words: 275

Pages: 1

Netflix Price increase

Netflix Price Increase Name Institutional Affiliation Netflix Price Increase Article Summary The article is about the increase in Netflix’s popular subscriptions price increase. Netflix has been increasing prices for its subscription monthly, but this has not had any significant effect on its demand. Customers have continued to pay the fee since it is relatively low as compared to the value they get. The article posits that the demand for Netflix product is so high that customers can still swallow more price hikes (Snider, 2017). Due to the growing internet penetration (more homes have been able to install broadband internet), the demand for Netflix has grown even further. Its increase in...

Words: 275

Pages: 1