Economics

Oil prices are one of the most widely discussed commodities in the world. In the world that we live in, with its dependence on the transportation industry, oil prices drive the prices of almost every other commodity. The more the other commodity involved shipping, the greater the degree of the...

While macroeconomics might seem like an abstract field of study to some, for others it represents a very real link to personal life. Certain macroeconomic concepts do not just play out in textbooks. Rather, they have real-life applications to individuals in a wide range of situations. Specifically, unemployment, inflation, and...

One reason for economic disparity is the difference in earned wages between the rich and the poor. Job skills have a market price attached to them. Lawyers make more money than high school graduates working at McDonalds because there is a higher market demand and because they have invested more...

How did legalization of abortion legal help reduce the crime rate in the United States?In the recent past, the increase in crime rates was exponential. At the end of the 1980s, the numbers were skyrocketing and entailed the rise of homicide, drug dealing, robbery, and rape. The rates were growing...

In the 21st century and worldwide, water has become a scarce entity as nations become plagued with drought and insufficient water resources such as a full dam or desalination plant. This results in both cities and farmers clashing with one another for water rights and sufficient water to feed their...

While more money does of course provide greater access to material goods such as clothes, a budget does not by definition mean that one automatically has to dress poorly. Rather, taking into account of various different approaches from different perspectives can allow the individual to dress well while on a...

In many respects, John Maynard Keynes was a revolutionary thinker of his time. His economic thinking received acceptance by many thinkers of that time. The dominant discourse at that time was the dominance of capitalism and the existence of a free market, strongly supported my Milton Freedom. Yet, in that...

As of late, the debate between the relative veracity of “Keynesian” versus “Classical” economics has come to the forefront of public debate. To be sure, we live in an incredibly insecure time, with regards to economic and financial strategy, and as such, these theoretical debates have come to the forefront...

The growing student debt crisis in the United States is created by banks that are targeting students with predatory loan offers, along with a rise in tuition costs associated with the corporatization of higher education and less jobs available for students upon graduation. Students are more likely to be given...

How They Work Market economies refer to systems where economic decisions about pricing of services and goods are solely dependent on the interactions of people and business. They are the reverse of centrally planned economies where government decisions drive the activities of the market. They work primarily on the assumption...

While some countries might have similar sorts of political systems, it is also true that the lived experience of people in different countries can be markedly different. In America, for instance, individuals often claim to enjoy great freedom. This is true to some extent, but how does it compare to...

Question 1-Is power a problem in market-based economies? Globalization has led to a revolution in industrial economies. The cases of enhanced economic powers have led to the markets we have today being unequal. This influence has been caused by the numerous organizations which have remained the sole monopolies of the...

There is often the assumption that capitalism is a homogenous entity that works the same way throughout all the countries that practice it. In reality, there are many different types of capitalism, some which lean more towards a truly free market and some which have some more socialist elements. As...

The first half of 2015 was quiet and stable. Demand for properties began rising again and prices kept going up. Buyers’ offers and requests for refinance mortgages increased significantly during the third quarter of the year as a result of high volatility and consumers’ concerns about the new TILA-RESPA regulation....

The 2008-09 financial crises whose origin was traced to the United States presented a moment that continues to attract as much debate on how it all began. In most economies, the regulatory authorities are at the center of issuing guidelines that are meant to help their economies become sustainable. Sometimes...

By purchasing patient monitoring equipment we can ensure health care staff can access a strong technological tool that will help to support management goals such as process improvement, quality improvement and safety. These management goals will be supported because the patient monitoring equipment will help to alert health care staff...

In the 1960s, and early 1970s, John Maynard Keyes’ economic principles, known as Keynesian economics, achieved a high level of influence. It gained the reputation of being the solution for capitalism. Much of this stronghold came from the destruction of the economy because of the Depression. Capitalism was revered as...

Butler seeks to review not only the drilling but also the utilization of horizontal wells for the recovery of traditional crude oils and gas, along with the upturn of heavy oils and bitumen. The researcher finds out that horizontal wells appear to hold immense promise for a non-expensive production of...

BackgroundThe current situation in the oil industry in Canada is not as favorable as it should be for the people, the federal government, and the private firms. These are the stakeholders in the oil industry in the country. The situation leads to the need for the decision to come up...

The purpose of this project is to determine whether there is a linear relationship between life expectancy, fertility rate and access to education across the countries from different regions of the world. The research is based on the multiple linear regression model that is constructed as an explanatory model that...