Economy Creative Writings Samples For Students

APPLICATION OF ECONOMIC CONCEPTS

Economic concepts in all economic systems are interrelated such that a change in a particular variable in a concept affects other variables in other concepts. For example in market determination of prices, the level of supply and demand of commodities in the market plays a large role. The equilibrium prices are determined by the availability of the commodity in the market and the extent to which buyers are willing and able to buy the commodity. Consumers’ ability to purchase the commodities may be affected by various issues like high prices as a result of inflation or unemployment during recession times. At any price less ...

The interest rates for the central bank of Kenya have had different faces since 1991 with the rate changing as the economy of the country keeps on shifting from worst to best. At the moment, the exchange rates in Kenya stand at 8.5 percent as compared to that adopted by the Federal Reserve System (FED) of America which stands between 0 and 0.25 percent. From the year 1991 to 2014, the average exchange rate for Kenya is 14.62 percent. Kenya recorded a record of 84.67 percent in July 1993. At this time, the FED was enjoying the exchange rate of ...

Maureen O’Herin

English 1A
Should the Minimum Wage be increased?
Minimum wage can essentially be described as the hourly wage rate set by the law, and it exists to ensure that people who work can earn enough compensation to support not only themselves but their families as well. The idea behind minimum wage has been in existence in American since the late 1800s and the early 1900s when the trade unions were formed and started agitation for better pay for workers from different professions. Since then, there have been various changes to the minimum wage over time, with the ...

The report by Giovanni Peri on Rationalizing U.S Immigration policy explains the market-based reforms that ought to be implemented in the immigration system to connect employment-based inflows to the labour market. According to Peri (2010) immigrants raise living standards by boosting demand and increasing productivity thereby improving the economy and the well-being of their families. The reforms intend to use market-based auctions to apportion employment-based permits to employers as well as visas to immigrants that have a high chance to contribute to economic growth and, therefore, improve the economy of the US. The government stands to generate revenue and use ...

Introduction

France is one of the nations of the world which are known to have a rich history in the socio-economic sector. The last 30 years have seen the nation stabilize in its economic structures to become one of the major world economies. The success of the nation’s economy is based on the four factors which determine the current world economy which include the business strategies, government policies, economic theories and the organizational structures (Hill, 2008). These factors have affected the economic development in the nation as described below.

Analysis

The government has played a major role to propel France to ...

(Reforming the financial systems)

Introduction

The term financial crisis is mainly applicable to situations where certain financial assets suddenly lose a large part of the nominal value. Through the crisis, the financial institutions equally lose value and become incompetent in the local as well as international financial markets. Financial crisis is a major cause of economic crisis where the economy experiences a downturn in liquidity as well as unpredictable inflations. However, when the financial crisis occurs several things may be done as a solution but the reformation of the financial system is one of the actions that may be undertaken. ...

In his speech nominating President Obama, former President Bill Clinton had a lot to say about the economy. To begin with, he said that Obama changed the course of the collapse of the economy and “stopped the slide into depression and put us on the road to recovery.”. He also said the country works better with a strong middle class and opportunities for poor people to work their way into it. In that train of thought he went on to say “advancing equal opportunity and economic empowerment is both morally right and good economics”.
Later on in the speech he denounced ...

Recent U.S. BOP Performance: Is the Sky Falling?

In the case, the sky is falling has two theories that involve the statement that US economical industries are non-competitive in the international market and foreigners are taking the step of buying assets in the US which are valuable and making a country a debtor in the history of world economy.
In this condition, everything seems so wonderful from the top, which also has a meaning, that foreigners are much fascinated with the US market’s future prospects. It also depicts the democracy of economy that the investors are eagerly investing in US ...

Internet Assignment

I did not encounter any difficulties in logging into either site. I just typed the address and googled the sites. For the second website, I had to log in through Facebook. On both websites, there are visible attempts requesting people to donate or contribute to the party.

The purpose of the Democrats is to build an economy that lasts. The resultant economy should lift up all Americans. The Democrats are working to advance issues like job, creation, education, healthcare, and clean energy. The website provides links that direct visitors to information about the party, the people who form its ...

FINDING SOLUTIONS TO BORDER CONTROL CRISIS

Illegal refugees pouring across the US-Mexico border to fulfil the American dream is not a new phenomenon. However, recent occurrence alarmed the whole nation as thousands of unaccompanied Central American children refugees jeopardize their lives to seek refuge in the borders.
According to US Customs and Border Protection’s data, the number of “unaccompanied alien children” encountered in the southwest border, specifically in the Rio Grande Valley, has disturbingly increased from 19,418 in 2009 to 67,339 in 2014. It has become an international humanitarian crisis desperately in need of a solution.
These children are escaping from the ...

Obviously, if one gives a definition of the phenomenon of fashion, it should be said that it has to do with fashion, taste, and lifestyle. In fact, fashion is a certain lifestyle or its determining function. Vogue is something of a dominant style in one or more areas of life. Each of the classic concepts reflects the social essence of fashion as it has been in a certain era. The features of understanding of vogue are largely determined by the socio-economic characteristics of the societies in which each of the concepts was formed. Fashion is mainly formed in high ...

Introduction: The current literature aims to address Global Warming as a threat to the economy as a whole. To establish the impact of Global Warming on the economy, it becomes crucial to develop a basic understanding of Global Warming. It can be defined as a situation where the sea levels rise as a consequence of constant rise in the earth’s temperature due to uninterrupted increase in the emission of greenhouse gases such as carbon dioxide, nitrous oxide and methane. Subsequently, a chain reaction occurs which endangers the life of almost all the animals, plants and human beings on the earth. Therefore if unattended, Global ...

One thing that can be observed and not be denied, is how consumeristic the society has become. Almost every decisions and actions that people make, are inclined to consuming or are influenced by economic aspects. Societies and economies are two things that literally coexists together. The economy affects societies in many ways, by influencing every aspect of people’s lives. Though the current state of an economy may not directly reflect the situations of the citizens in a nation. Even though this chapter discusses a quite technical topic, I was able to find a connection through its practical applications. ...

Analysis of GDP and Its Limitations

Analysis of GDP and Its Limitations

Introduction

Predominantly, economic well-being has great connections with social well-being (Easterlin, 2001). As such, most of the public policies that are intended to improve the social welfare are usually directed towards variables that indicate economic welfare. However, not all aspects of social well-being have direct linkage with economic wellness. Thus, economic progress in a country does not entirely translate to social happiness among citizens since some economic growth policies involve trade-offs between social risk and income growth (Bok, 2009).
In essence, economic well-being entails a measure of economic wellness of citizens in a country ...

Analysis of Social Media Sites for Personal Branding

A social networking site is a service platform created to build interactions among people who share a common interest, activities or real life connections and most of them are website based. To develop a brand communication the primary source used is Twitter as it the most popular social network in graph presentations and marketing of products using a hashtag(Jothi et al.,1).One primary type of Twitter Social Network analysis map is the Polarized Network frequently seen in political matters and emerges when two groups are split in their opinion on an issue such as the sitting government ...

Outsourcing has often revolutionized the business models and how businesses are conducted locally and globally. The dream of every American is a prosperous future that is promising for the generations to come. However, the debate about America’s economic slump has become increasingly critical of the once world’s economic giant that has fallen behind other emerging economies. The emergence of rapidly growing economies in Asia, India and China, and certain parts of Europe and America has become a worry to economic experts (Bhattacharjee & Chakrabarti, 2015). In their view, the future of America seems bleak if tough and radical ...

History students would agree that the working population’s challenges became more noticeable during the late eighteenth and early nineteenth century in Europe and America as compared to any other period in time. France relied on the close-by weave frameworks and corporate solidarity of working artisan trades. Nonetheless, urban growth did not stop bringing together traders with a much experienced way of doing trade leading to the reality of which a couple of specialists has judged it as a way of creating class and taste around French workers. History shows that a social affiliation inside trade bundles cannot speak to uprising in the ...

The commencement speech given by Steve Job at Stanford has made an impact not only on the Stanford graduates, but on all people, who had a chance to listen to it. It was posted almost immediately on a variety of online channels, such as Youtube, where it attracted millions of viewers all over the world. The secret of such popularity was not onlythe content, but also the ability of the speaker to connect to the audience and to convey his message in an easy and a comprehensive way. This effect was achieved by the use of storytelling that helped Jobs to share ...

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Abstract
International business has gained popularity recently as it helps companies to expand their business and generate greater profits. The objective of this paper is to analyse a company’s global operations and its competencies. It also analyses impact of economic and political policies, use of technology and globalisation on firm’s performance. McDonald’s has been selected as a company for this analysis. The paper analyses the use of comparative advantage, economies of scale and differentiation strategy by the company to gain competitive advantage. It also discusses the impact of economic like trade restrictions and labour laws, and political ...

Abstract

Economics is an academic discipline that deals with scarce resource planning. Macroeconomic and microeconomics are two fields of economics, dealing with decision making at aggregate level in the former and individual level in the latter. Microeconomics discusses individual preferences and macroeconomics considers aggregate scenarios. An analysis of self-decisions reveals that, in spite of the difference, these two fields are closely linked and interconnected. The microeconomic decisions taken by individuals impact macroeconomic variables, and macroeconomic phenomena impact individual decisions significantly.

Keywords: Macroeconomics, microeconomics, economics, consumer preference, corporate tax reduction

Introduction

Adam Smith stated that economics deals with the nature and causes ...

Abstract

Perhaps, most people in the world believe that United States is the place to access greener pastures. Therefore there are many immigrants to america.The immigrants get into United States through illegal and legal means so as to access the opportunities believed to exist, (The Great Migration, 2002). In most cases the concept of social class is linked to social identity, ecomomic role and political affiliation, (Devine, 1997). Status consistency puts into consideration the plurality of status in society. Each member of the society is ranked in different hierarchies. Individuals are claimed to have consistent status if the status he ...

Introduction

If any organisation were to succeed in achieving its objectives and targets, it is at the mercy of the strategies that it develops for itself. A lack of strategy will tell on the manner the organisation works. Hence, the team employed to this effect should be efficient and have the required knowledge for the same. Plans should match what the company envisions for itself in the light of its finances and operations. Such plans work in the long run. The more changes occur in them, the more difficult it is for them to move ahead. Realistic yardsticks can be ...

Business

The company will make an income of $148,000+$12,000=$160,000 to break even in one year.

How much revenue will the business have to earn to break even in economic terms?

The break-even point in economics term considers the opportunity cost as follows $148,000+$12,000+$35,000=$195,000

Suppose Sarah buys the building. Now how much will the business have to earn to break-even in economic terms

The business will now earn $148,000+$35,000=$183,000
What might be the objective of a museum? What might be the objective of a firm? Do they have the same objective? Explain
The goal of a museum is to break even such that the money the institution makes can pay the workers and maintain the place. The aim ...

There is a list of things that a person must know and pursue in order to become an effective and efficient employee. First of all, one needs to learn how to prioritize their work. By being able to prioritize, the task at hand will become easier to manage and meeting all deadlines will automatically become much easier, with the important tasks accomplished before the others.
Secondly, to improve one’s performance at work and become more efficient, a positive mental attitude is required. This helps in achieving your tasks with your full potential and dedication. The mind will wander ...

INTELLIGENT TECHNOLOGY EFFECTS ON THE SOCIETY AND PUBLIC POLICY

Intelligent Technology Effects on the Society and Public Policy
In the world that we live in, the emerging technologies such artificial intelligence, industrial robots, and machine learning are growing at a very fast pace. However, there has been increasing attentiveness to the impact that it has on the public policy and the society as a whole. Whereas emerging technologies can improve the quality, speed, as well as the cost of the available products, they may also act as a replacement of a vast number of workers. This particular likelihood challenges the traditional benefits and importance of tying retirement savings ...

Question one

Segregation was a common vice that to place in most of the social amenities. The fact that the available public facilitates were used separately by the white and black due to the concern of superiority and inferiority that existed between the two races. Although the separate facilitate did attribute to the segregation it also had benefits on the fight against the segregation practice (Brinkley, 2007 p.34).

The separate public facilities motivate the African-American leader to fight for creation of doctrine that should allow room for separate but equal public facilities. In other words, it means that ...

Good morning ladies and gentlemen, my name is ____________. I am delighted to have this opportunity to talk about the basics of international trade. We shall consider some scenarios of international trade like what happens when a country has a trade deficit, the effects on GDP and exchanges rates and a few other issues that affect our economy.
This reliance on imported goods negatively affects the local markets. The markets of locally produced goods dwindle in the face of stiff competition form the imported goods. This eventually leads to low production of the local goods ...

Currently, the business is pursuing the unrelated diversification strategy, the products All-terrain recreational vehicles, color televisions, Luggage, and Writing instruments have no direct connections with each other. The company is operating within the US, and the CEO has decided to expand the current business to international market. The CEO also wants to change the corporate strategy; related diversification is the new expected strategy. The decision is satisfactory, but the implementation requires some analysis.
As the company produces four unrelated diversified product and it will be difficult for the company to carry on with all of them in the ...

Immigration policy during this quarter

Give me an overview of the progress between the Congress and the President concerning immigration policy during this quarter. Explain how Democrats and Republicans reached their policies based on the philosophies of the two parties (what are the main positions within each party and do these positions match the traditional philosophy of that party)? Explain how the party positions were impacted by interest groups in support of each policy (name and describe one interest group on each side of the issue) and voters in support of each policy (in other words, do both parties think they can gain ...

Riots that broke out in Hong Kong, set a difficult choice before the Communist Party of China. Violent suppression of protests in the 7.2-million-autonomy may deter investors from it and harm the economy, while mild reaction would encourage dissidents and separatists on the mainland with a 1.3 billion population.
The unrest in the heart of Hong Kong began on September 26. Organization that gathered demonstrators "Occupy Central with love and peace" was planning to organize a movement by the scenario that broke out in New York in September 2011 "Occupy Wall Street", which provides blocking important administrative buildings (Campbell).
This ...

PART I. Bonnie and Clyde

Bonnie Parker and Clyde Champion Barrow are probably the most romantic and famous gangsters’ couple who lived in 1930th in the USA. That historical period was a time of mafia’s and gangsters’ prosperity as economy was in depression. However, none can be born as a criminal (perpetrator). Crime is a personal decision and responsibility.
Bonnie Elizabeth Parker was born on October 1st, 1910 in Rowena, Texas. She grew up in the suburbs of Dallas with her mother and grandparents as Bonnie’s father died when she was four. She was very slim and pretty young lady who loved to write ...

Throughout life, many of us have had an opportunity to visit different places, so memorable that we cannot avoid sharing the experience with our friends and family members. During holidays, family members or groups of people would always want to go on vacations but unfortunately, they simply have no idea on how to plan for their vacations. This is a plan for a vocational trip of 25 people to Spain. It includes places to visit and accommodation during the vacation.

Day of Arrival

Taking a British Airways economy class flight from New York to Spain costs roughly $ 870. We will use the economy class in ...

Civil Rights Movement and American Paradox

Introduction
In 1960s, Republican overwhelmingly supported the Civil Right Movement and believed the idea from constitution “all men are created equal” and Northern Democrats supported the cause too. The Southern Democrats were “conservative” and were against the Civil Right Movement and they wanted segregation to stay within their society. They believed blacks being treated as “separate” were enough in itself.

Some examples of American Paradox to Civil Rights Movement:

Ku Klux Klan: Ku Klux Klan used to be very violent with the Blacks and they were against Blacks being treated as “Equals”. They used to do their best to ensure Blacks didn’t manage to vote and ...

Abstract

The foreign policy of the United States could be closely related to the way that the United States tries to interact with other foreign states. In addition to that, it is also instituted to analyze the standards that are set related to interaction within its organizations, the citizen’s fraternity as well as the corporations. The foreign policy could be generally involved with the different dockets of which it tries to address. Basing on the United States strategies incorporated in the policy, there are different goals that are related to its foreign policy. As indicated in the latest Foreign ...

Historically, the fundamental differences between sexes have been used as the basis of an argument against equality. Globally, there are various measures that have been used in measuring the disparities between men and women. The most common measures as adopted by the UN are health, empowerment and the labor market as they are the social and economic perspectives affecting inequality. The existence of inequality disparity on the basis of gender has been a major factor behind the loss of human development leading to inequality between female and male achievements (Kamrany and Robinson para 5). In most global societies, men and ...

Historically, the fundamental differences between sexes have been used as the basis of an argument against equality. Globally, there are various measures that have been used in measuring the disparities between men and women. The most common measures as adopted by the UN are health, empowerment and the labor market as they are the social and economic perspectives affecting inequality. The existence of inequality disparity on the basis of gender has been a major factor behind the loss of human development leading to inequality between female and male achievements (Kamrany and Robinson para 5). In most global societies, men and ...

- “Raising the minimum wage will ultimately bring about more harm than good to the majority of people working minimum wage jobs” is the thesis statement of the analyzed text, which contains the claim that minimum wages should in fact not be increased, as it impacts the minimum wage workers. The claim is solid and consistent, determining the further growth of the information.
- The introductory paragraph places readers in front of an economic text that uses simple and modest yet competent concepts, indicating the writer’s fair minded and familiarity with the discussed topic.
- - ...

Introduction

Cost price squeeze is increasing of costs when market pressures like competition make it hard to increase commodity prices in order to cover for the escalating costs. In agriculture it involves increasing costs of inputs like seeds and fertilizers and the decrease of crop prices. The farmers end up paying more than they get due to the squeeze between prices and costs. Increase of costs in upstream can be caused by energy costs fluctuation, consolidation, and inflation. When fertilizer and seed companies consolidate, there are no low cost inputs for farmers to buy. Prices on the downstream can decline ...

Over the recent years, the structure of the world has changed. Forces of globalization and the growing internationalization of key political and social economic issues have increased the interconnectivity of the world. The forces of globalization and internationalization have been made possible by the technological and communication advancements that have been realized in the past century (McLaughlin, 2010, p.22). One of the key technological advancement that has increased world connectivity has been the internet. People from various parts of the world can be able to communicate and share ideas about different subjects and fields. Though the interconnectivity of the ...

. Analyze the opportunities for small businesses and compare them to the opportunities for big businesses
In the U.S, THE Nuclear Regulatory Commission (NRC) is responsible for ensuring that small businesses including those belonging to minority groups are given the minimum practicable contracting opportunities. The agency negotiates for contracts on behalf of the small businesses. In addition, the agency organizes business seminars for small businesses encouraging them to explore the market place. On the other hand, opportunities for big businesses differ. Most Latin American companies are facing unfair competition because their markets are not protected. As a result, there will ...

The survival of the American Dream depends on the maintenance of the Union between North and South. If the South were to become its own country, neither power would become the grand entity that the framers envisioned when they created the Constitution and the Bill of Rights. For example, the Southern economy is primarily agricultural, sending raw materials to the North, where the industrial sectors turn those materials into products for sale throughout the entire nation. This will help the North prevail in a conflict between the two regions, because the North has the wherewithal to build munitions and keep ...

The condition or situation in Israeli–Palestinian conflict can be defined as the ongoing conflict that exists between Palestinians and the Israelis. This conflict is wide-ranging, and the term is also used in reference to the earlier phases of the same conflict, between Zionist and Jewish and the Arab population living in Palestine under Ottoman or British rule; it forms part of the wider, and generally earlier, Arab-Israeli conflict (Shah 1).

The two countries has wide ranging conflicts on different conditions/issues such as; mutual recognition, security, borders, Jerusalem control, water rights, freedom of movement of the Palestinian Israeli settlements, ...