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Category: Economics

The role of credit rating agencies in the financial crisis? What role does corporate social responsibility play in credit rating agencies?

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The role of credit rating agencies in the financial crisis? What role does corporate social responsibility play in credit rating agencies? Introduction First emerged in the 1900s in the United States, the credit rating business has rapidly grown and became a major part of the international financial systems followed by economic market globalization (Bayar 49). […]

Does it make a difference if the item is an essential item, like food vs. a luxury item like a sports car whether you are likely to continue to purchase the item even if the price goes up? How does price influence the quantity of an item you are willing or able to purchase?

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Consider the price, and the quantity that you are willing to purchase at that price and answer the following questions. 1. How does price influence the quantity of an item you are willing or able to purchase? 2. Does it make a difference if the item is an essential item, like food vs. a luxury […]

Based on the Round 4 Report, were your sales after Round 4 higher or lower than your sales after Round 3? How do you explain this change in sales in view of your team’s decisions in Round 4?

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Individual Analysis Analysis Directions: Write your answers below each question. 1. What strategy were you implementing? Give examples of any three decisions over the four rounds that were consciously driven by your chosen strategy. Explain. 2. Which country and customer(s) did you target with your product (high tech, low tech, or both)? Why? Give examples […]

Explain why market power and monopolies are likely to emerge in the digital economy. Explain why we care about monopolies in the digital economy and what can be done to address potential problems.

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The situation: The rise of large tech firms has led to growing worries about (abuse of) market power and monopolies in the digital economy, and a call for increased antitrust action. In October 2020, the U.S. congress published a report calling for the break-up of big tech monopolies comparing the current situation to the age […]

Why is it that in the recent past, global governance and globalization and the relation between the two, has become a much discussed subject?

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Globalization today is in many respects different from the globalization in the first Golden age of globalization that began in the19th century when European imperialism provided much of its political structure and the Industrial Revolution the technology. Why is it that in the recent past, global governance and globalization and the relation between the two, […]

How does the automation of jobs affect employment rates using artificial intelligence and how artificial intelligence can improve overall quality of life in healthcare industry?

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How does the automation of jobs affect employment rates using artificial intelligence and how artificial intelligence can improve overall quality of life in healthcare industry?

The fluctuations of consumer spending on retail goods and services can have a significant positive or negative impact on the economy of a country.

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The fluctuations of consumer spending on retail goods and services can have a significant positive or negative impact on the economy of a country. In 2020, the coronavirus pandemic has impacted consumer retail spending in unique ways, increasing some types of retail spending while reducing others. In the UK, the economy has experienced measurable changes […]

The importance of supply and demand in the sharing economy space. What should come first? What effect does location seasonality etc have on pricing?

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Learning Miscellany The importance of supply and demand in the sharing economy space. What should come first? What effect does location seasonality etc have on pricing? Do the rules and restrictions effect the rate of consumer adoption. Should we reward or penalise for poor behaviour? Carrot or the stick. Structure 1 – Concept/theory 2 – […]

What are the two primary phases of the business cycle? What tends to happen to real GDP, unemployment, and inflation during these phases?

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Question 1 What are the two primary phases of the business cycle? What tends to happen to real GDP, unemployment, and inflation during these phases? Question 2 How many recessions has the United States experienced since 1950? Which ones were the longest in duration? Which ones were the most severe in terms of declines in […]

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