Managerial Economics Essays and Term Papers
490 Essays on Managerial Economics. Documents 101 - 125
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Economical Argument for the Legalization of Marijuana
There is no feasible way to completely abolish drug use in the United States. As with Prohibition of Alcohol in the earlier part of this century, the fight against drugs has backfired. The United States is spending billions of dollars a year to fight a war, which over the last 60 years, has shown that it cannot be won. So let's use a little reverse psychology on the subject. What would happen if marijuana or
Rating:Essay Length: 528 Words / 3 PagesSubmitted: November 29, 2009 -
Micro Economic Perspective
Introduction A new theme is a beginning of new experiences and a lot of learning. Theme 3 brought forth a lot of new perspectives on the industry- firms and markets. The complexities of decision making and the various aspects of the industry and business, was introduced in this theme along with a taste of all the core subjects of business. Theme 3 did help in preparing me for the next theme and newer experiences. Theme
Rating:Essay Length: 454 Words / 2 PagesSubmitted: November 30, 2009 -
Financial and Managerial Accounting: Whats the Difference
Financial and Managerial Accounting: What’s The Difference? Whether it is a sole proprietorship, partnership, corporation, or a limited liability company, all businesses survive on the buying/selling of goods and services for cash or credit. They may buy land and build office complexes, stores, or factories. They may buy supplies, equipment, merchandise to sell, and/or the raw materials required to manufacture goods. They hire employees, pay salaries and benefits. All of these “business” activities need to
Rating:Essay Length: 746 Words / 3 PagesSubmitted: November 30, 2009 -
Managerial Philosophy Statement
Managerial Philosophy Statement There are a wide variety of characteristics that a supervisor should possess to run a department with high productivity. Effective communication, respect, and recognition of a job well done are these important characteristics. Supervisors must guide their employees in all of these areas to decrease the daily challenges of a diverse world. Supervisors should have good communication skills using clear, proper language, repeating by performance, and by making sure the employees understand
Rating:Essay Length: 262 Words / 2 PagesSubmitted: November 30, 2009 -
Economic Globalization and Corporate Governance
Economic Globalization According to (Held and McGrew 1999: 2), the word Globalization means Ў§ЎKa widening, deepening and speeding up of worldwide interconnectedness in all aspects of contemporary social life, from the cultural to the criminal, the financial to the spiritualЎЁ. Globalization is everywhere. From the economic aspect, the meaning is even hard to define. The main idea about Globalization is about connection. The connection exists between people and also between countries. Economic Globalization has the
Rating:Essay Length: 2,180 Words / 9 PagesSubmitted: November 30, 2009 -
Economics: Negative Production and Consumption Externalities
Describe and evaluate economic policy measures that can be used to reduce negative consumption and negative production externalities. Economic policy making is often a field of government decision-making or academia that is regularly filled with confusing terminology and definitions to the average person and thus somewhat confusing, this article looks at two of these such terms; �negative production externalities and negative consumption externalities’ and attempts to dissect their nature and makeup to some degree. However,
Rating:Essay Length: 1,895 Words / 8 PagesSubmitted: December 1, 2009 -
The Reality of the Strain Economics
Have you ever noticed that when you see an economically struggling society that you also see that the culture and social atmosphere is underdeveloped? When a society is struggling economically, often times the people will be more concerned with bettering the economic portion of their society rather than the cultural and social context. Food and money has a funny way of taking precedence over social and cultural activities. For example, in countries such as Brazil,
Rating:Essay Length: 1,150 Words / 5 PagesSubmitted: December 1, 2009 -
Economic-Stock
As time passed and the stock market progressed, the group came to realize that not everything we had hoped for and expected to occur happened. The stock market is an ever-changing entity, coursing its way up and down the monetary currents. These currents are treacherous and unpredictable and may bring uncountable wealth to those who dare to navigate its precarious waves. However, taking risks does not guarantee success. As our team painfully realized, the more
Rating:Essay Length: 271 Words / 2 PagesSubmitted: December 1, 2009 -
An Economical Study of Food Supply Chain
An economical study of Food supply chain --A case study of UK Milk supply chain Introduction As the basic element of human live hood and society, with the development of global economy, food supply system has attracted more concern than ever before. People buy food and consume them in their daily life, but as normal consumers, perhaps, no one have a serous consideration about how food have been produced and supplied before at the checkout.
Rating:Essay Length: 1,295 Words / 6 PagesSubmitted: December 1, 2009 -
Hurricane Katrina: The Economic Impact of Natural Disasters
Running head: Hurricane Katrina: The Economic Impact of Natural Disasters Hurricane Katrina: The Economic Impact of Natural Disasters Timothy T. Boyd Embry-Riddle Aeronautical University Abstract Major natural disasters can do and have severe negative short-run economic impacts. Disasters also appear to have adverse longer-term consequences for economic growth, development, and poverty reductions. Natural disasters cause significant budgetary pressures, with both narrowly fiscal short-term impacts and wider long-term implications for development. On August 29, 2005, one
Rating:Essay Length: 1,562 Words / 7 PagesSubmitted: December 1, 2009 -
Economic Systems and Environmental Problems
Brett Kelly Economic Systems and Environmental Problems An economy is a system of production, distribution, and consumption of goods and services that satisfies people’s wants or needs. In any economic system individuals, businesses, and governments make economic decisions about what goods and services to produce, how to produce them, how much to produce, and how to distribute them. There are 4 types of resources that go into creating an economic system, the first being natural
Rating:Essay Length: 688 Words / 3 PagesSubmitted: December 2, 2009 -
Al-Hisbah in Islamic Economics
Islamic Economics Term Paper Al-Hisbah in Islamic Economics Table of Contents: What is the Al-Hisbah Institution? Al-Hisbah objectives Who are Rijal-al-Hisbah? Qualifications of a Hisbah Official How Al-Hisbah differs than Anti-corruption Procedures of Al-Hisbah References I- What is the Al-Hisbah Institution? The Hisbah is a religious institution under the authority of the state that appoints people to carry out the responsibility of enjoining what is right, whenever people start to neglect it, and forbidding what
Rating:Essay Length: 578 Words / 3 PagesSubmitted: December 2, 2009 -
Uses of Global Poverty: How Economic Inequality Benefits the West
The piece done by Daina Stukuls Eglitis really points out the global wealth cap and how it is still very massive in size and growing. It shows the rich getting rich, and the poor countries remain in poverty with little ways to pull themselves out. It comes out to say that the previous administration had been making little progress on the task to close the gap between rich and poor nations, but since of 2002
Rating:Essay Length: 277 Words / 2 PagesSubmitted: December 2, 2009 -
Economic Impact
It is happening everyday all over the world. The rights of human beings are violated in one way or the other. Even after the abolishment of slavery and the advent of equal rights, we still witness hate crimes in this country and the blatant disregard for human rights. That being said, the United States is by far the most diverse nation in the world. With ethnicities from all corners of the world represented in the
Rating:Essay Length: 1,727 Words / 7 PagesSubmitted: December 2, 2009 -
Economics in the 1950s
Economics By the 1950s people were beginning to realize that the economy affects every person individually, whether they have a salary of fifty cents to ten million dollars. The security of our jobs and how much we earn doing them, the cost of the goods we buy, the price we pay to borrow money, and the interest we get by saving it are all directly related to the health of the economy. And in the
Rating:Essay Length: 353 Words / 2 PagesSubmitted: December 2, 2009 -
Thailand Economic
ECONOMY Overview: Thailand's developing; free-enterprise economy has recovered from the Asian financial crisis triggered by speculation against the Thai baht in 1997-1998. By 2002 Thailand's standard of living had returned to the level prevailing before the financial crisis. The recovery reflected the benefit of reform measures tied to assistance by the International Monetary Fund, direct investment from Japan, the United States, Singapore, and other nations, and surging exports. During 2001-2004 the economy grew at a
Rating:Essay Length: 486 Words / 2 PagesSubmitted: December 2, 2009 -
Welfare Economics
Question: If prices for medical care in private markets are considered to be ‘too high’, the Government might choose either to (a) regulate, by fixing prices below the equilibrium price, or (b) subsidise the consumers’ use of these services. Demonstrate the effect of each approach on price and the quantity demanded and supplied. Answer : (a) Because of the high prices for medical care in private sector, the government wants consumers use these services at
Rating:Essay Length: 1,044 Words / 5 PagesSubmitted: December 2, 2009 -
The Importance of Managerial Strategies and Their Effectiveness
The importance of managerial strategies and their effectiveness has long been emphasized and discussed by many theorists. Managers of different organizations have been using different approaches in order to reach set goals and objectives. Douglas McGregor, who argues that managers have contrasting views over their employees, has introduced two different assumptions about the nature of human beings. He developed two opposing theories, called Theory X and Theory Y in which he argues that managerial behavior
Rating:Essay Length: 2,111 Words / 9 PagesSubmitted: December 3, 2009 -
Identifying Economic Concepts in the News
Positive (or analytical) Economics is objective, without emotion or value judgements. It has to do with "what is," while normative economics has to do with "what ought to be." Positive economics is based on theory, probability, and statistical methods. When searching for positive economic statements I found in the business section of the September 12, 2005 issue of the Toronto Star an article based on the economies foundation and cheaper insurance. This business article
Rating:Essay Length: 373 Words / 2 PagesSubmitted: December 3, 2009 -
Managerial Accounting
Program Area Costs Administration Salaries: Administrator $60,000 Assistant $35,000 Two Secretaries $42,000 Supplies $35,000 Advertising and promotion $9,000 Professional meetings/dues $14,000 Purchased Services: Accounting and billing $15,000 Custodial $13,000 Security $12,000 Consulting $10,000 Community Mental Health Services Salaries (two social workers) $46,000 Transportation $10,000 Outpatient mental health treatment Salaries: Psychiatrist $86,000 Two Social Workers $70,000 Budget Cut Recommendation This table represents all the areas that our funds are allocated. In an effort to “trim-the-fat”,
Rating:Essay Length: 320 Words / 2 PagesSubmitted: December 3, 2009 -
Economics Everywhere in Everything
Economics Everywhere in Everything When making an everyday decision, one fails to consider the economic concepts associated with any given choice. To exemplify how economic theories are incorporated into everyday life, we examine a typical Friday night outing with some friends. After eating dinner at a local Red Robin, and sipping Strawberry Margaritas at the bar, a group of friends decide they would like to check out the new club in Denver. None of the
Rating:Essay Length: 1,465 Words / 6 PagesSubmitted: December 3, 2009 -
Economics - Supply and Demand of Beef in the United States
There are significant supply and demand issues as to why the price of beef has risen in the U.S. First, the supply of beef shifted to the left because “in May, a cow in Canada tested positive for mad cow disease. Subsequently, a ban was placed on Canadian beef” (Gebhart, 2003) thus reducing the supply of beef to the U.S. “According to the U.S. Department of Agriculture, beef imports from Canada in 2002 equaled 3.9
Rating:Essay Length: 780 Words / 4 PagesSubmitted: December 4, 2009 -
Social and Economic Time Druing Shakespeare’s Era
William Shakespeare lived in England during to great periods in history, the Renaissance and the Elizabethan era. The Renaissance was an influential cultural movement which brought about a period of scientific revolution and artistic transformation that spread all through out Europe, it marked the transitional period between the end of the Middle Ages and the start of the Modern Age (“Renaissance”). The Elizabethan Era was the period associated with the reign of Queen Elizabeth I
Rating:Essay Length: 1,783 Words / 8 PagesSubmitted: December 4, 2009 -
Slow Economic Progress of India
Slow Economic Progress Of India The reasons for the slow economic progress of India can be classified under the following five heads: 1. Social Causes 2. Administrative Causes 3. Economic Causes 4. Political Causes 5. Technological Causes All these causes have been discussed in detail as follows: SOCIAL CAUSES 1. Religious Bigotry And Communal Violence: The communal violence and fundamentalism related violence leads to the draining of the resources of the nation as the government
Rating:Essay Length: 582 Words / 3 PagesSubmitted: December 4, 2009 -
Decision Making in Economic Analysis
An explanation of how decision-making is dealt with in economic analysis requires an examination of the main factors at play. These factors amongst others are looked at as a base for decision making. Supply and Demand are the most fundamental tools used in economic analysis. I will explain what demand is and how the demand curve is derived. I will also write about Supply and its relationship with Demand. I will examine equilibrium price (market
Rating:Essay Length: 739 Words / 3 PagesSubmitted: December 4, 2009