Managerial Economics Essays and Term Papers
490 Essays on Managerial Economics. Documents 151 - 175
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Confession of an Economic Hitman
I initially choose this book because Mr. Kropf recommended it as an easy ready. I am new to the study of political science and find much of the information difficult to grasp, but yet still very intriguing. I continued reading the book and enjoyed it because it was compelling. I became involved and interested in the life Perkins and wanted to know what was going to happen to him in the end. This story spoke
Rating:Essay Length: 2,547 Words / 11 PagesSubmitted: December 12, 2009 -
How Did Keynes’s Idea of the Reasons for the Macro-Economic Instability Challenge the Prevailing Economic Orthodoxy?
Word count: 1,061 How did Keynes’s idea of the reasons for the macro-economic instability challenge the prevailing economic orthodoxy? After 100 years of the industrialization era modern economics began to see a change and shift of ideas. These ideas were brought to the front by John Maynard Keynes, who in 1936 transformed much of the modern economics by a single book ‘The General Theory of Employment, Interest and Money. Keynes also wrote other titles
Rating:Essay Length: 1,166 Words / 5 PagesSubmitted: December 12, 2009 -
Natural Law in Pre-Classical Economics
The idea of natural law appears often in the pre-classical thought. The three main proponents of this idea are: Aristotle, St. Thomas Aquinas and Francois Quesnay. Aristotle viewed humans as having needs and wants. Needs were limited while wants were unlimited. Therefore according to the natural order it is right to produce according to the needs because they can be satisfied. Wants on the other hand, being unlimited cannot be satisfied and trying to meet
Rating:Essay Length: 402 Words / 2 PagesSubmitted: December 12, 2009 -
Types of Economic Systems
The second economic system is the market economy. The market economy is a system of supply and demand. They produce and what size is controlled by price mechanism (Ebert/griffin, pg. 11). For example the consumer decides whom he or she wants to buy from and what they will pay for it. In a market system an individual can choose what business they want to do business with or even if they want to operate a
Rating:Essay Length: 259 Words / 2 PagesSubmitted: December 13, 2009 -
The Dominant Economic Paradigm
The dominant economic paradigm in American thought has always placed a strong emphasis on efficiency, and concomitant concepts such as individualism and autonomy. A corollary to this thinking is that the individual is dynamic and efficient whereas the government is an ossifying bureaucracy, resistant to change and anathema to efficiency. The individual is the creator of wealth; the government is the parasitic redistributionary usurper that feeds upon this wealth. This aversion to government assistance
Rating:Essay Length: 1,251 Words / 6 PagesSubmitted: December 14, 2009 -
Economics in Poker
The game of poker is full of economics. I will focus of the specific game of “Texas Hold’Em.” In this game, one is given two cards and an anonymous amount of poker chips. The more poker chips one has, the more utility that player will seek. Because good cards are considered scarce, one must make an economic decision based on the first set of two cards they are given. The player may chose to fold,
Rating:Essay Length: 784 Words / 4 PagesSubmitted: December 14, 2009 -
Economical Effects of Inflation
Economical Effects of Inflation on a country Inflation can be described as a positive rate of growth in the general price level of goods and services. Carbaugh (2001) claimed that inflations are most probably the outcome of either an upward pressure on the buyers’ side of the market (demand-pull inflation) or an upward pressure on the sellers’ side of the market (cost-push inflation). More often than not, economists agree that inflation is bad and
Rating:Essay Length: 701 Words / 3 PagesSubmitted: December 14, 2009 -
Economic Development and the Redevelopment of Louisianna
Bibliography 1. http://www.dred.state.nh.us/ 2. http://www.lded.state.la.us/ 3. http://www.rer.org/politicalaction/policyissues/taxes/2005_Katrina_Redevelopment_Letter.cfm 4. http://www.iedconline.org/ Economic Development Economic development as it relates to planning can be best described as the actions taken by local governments and community-based organizations to enrich or stablize business activity. Economic development activities are used by local governments in order to strengthen their economy. Jobs, income, and overall prosperity within a community have proven to be a relentless challenge in today's society. In efforts to greet these
Rating:Essay Length: 926 Words / 4 PagesSubmitted: December 15, 2009 -
Economic Conditions of Germany, World War II
Initial German Advantage In the beginning of the Second World War, Germany seemingly had an advantage economically over its opponents, at least militarily speaking. Adolf Hitler had earlier converted a portion of Germany's economic sector to producing the armaments necessary for waging war. Germany had also begun stockpiling large amounts of raw materials necessary for creating the machine for war, as well as harvesting and exploiting its own local raw materials, such as iron ore.
Rating:Essay Length: 995 Words / 4 PagesSubmitted: December 15, 2009 -
With Reference to Economic Indicators Describe the Economic Conditions Prevailing in the Australian Economy over the Past Five Years
With reference to economic indicators describe the economic conditions prevailing in the Australian economy over the past five years. Over the past five years the Australian economy has gone through many changes experiencing both the peaks and troughs associated with business cycle. Five years ago, in the middle of 1997 Australia’s economic growth had begun to upturn after a period of recession during the ’96 year. This was unmistakably shown through the composite indicators of
Rating:Essay Length: 670 Words / 3 PagesSubmitted: December 17, 2009 -
Strategic Planning: The Managerial Agenda
Strategic Planning: The Managerial Agenda If asked what strategic planning is one could interpret it as simply a road map that can guide the organization in the right direction. It is very unlikely that an organization would know which direction to take without a sense of direction. Managers are faced every day with decisions that have a major impact on the direction the organization must take, therefore, strategic planning can play an important role in
Rating:Essay Length: 1,155 Words / 5 PagesSubmitted: December 17, 2009 -
Offshore Outsourcing and Itпїѕs Economic Impact on U.S
Recent discussions about the extent of outsourcing in the American economy have raised questions about their possible impact on productivity measures. In order to understand the impact, it is necessary to understand the construction of productivity measures and to look at historical trends in the productivity series. Around 1990, output per hour or labor productivity in the business sector began growing at a faster rate than had been seen in the previous 17 years. Given
Rating:Essay Length: 289 Words / 2 PagesSubmitted: December 18, 2009 -
Economic Forecasts
Influence of factor in 2007 on: Factor Demand Margins Summary Retail demand will be slightly stronger in 2007 than 2006. Consumer confidence has been boosted by falls in the price of petrol and a pick up in the housing market. With the wider economy growing healthily, employment and earnings will also gain ground, lifting disposable income and consumers’ retail expenditure. However the recovery could easily be derailed if US economic growth deteriorates or if inflationary
Rating:Essay Length: 724 Words / 3 PagesSubmitted: December 18, 2009 -
Lack of Economics in Oil
INTRODUCTION There can hardly be a living sole in the industrialized world that is not aware of the rise and fall of gasoline prices. Especially, when the gasoline price increase is sudden and significant. The price of gasoline and other petroleum products is so pervasive in our lives and lifestyles that from the adolescent to the retiree, there is no greater price awareness for any commodity, product, or service than for gasoline. Yet in the
Rating:Essay Length: 4,080 Words / 17 PagesSubmitted: December 18, 2009 -
Southwest Airlines an Economic Perspective
Southwest and Continental Airlines: A Managerial Economic Perspective Introduction In order for companies to maximize profits and productivity, it is important that they implement managerial economics on both a day-to-day and strategic basis. This paper will compare and contrast Southwest and Continental Airlines from a managerial economic perspective. The goal of the paper is to critically analyze both companies on their use of managerial economic practices. The Airline industry is a capitally intensive industry, and
Rating:Essay Length: 3,082 Words / 13 PagesSubmitted: December 18, 2009 -
Macro Economics
This paper will examine several companies and cases charged against them for fraudulent activities. Each company’s work ethics and financial integrity is analyzed as outlined in the text referred to at the end of the document. American Samoa Garment Factory - Venus Hardy Pipes flailing in the thick, moist air, mixed with the smell of human flesh struck by hollow tubes. The sounds of workers screaming drowned out the machine noises and scattering about, blood
Rating:Essay Length: 4,459 Words / 18 PagesSubmitted: December 20, 2009 -
Economics for Ashby Chapter 1, 2, and 3
Chapter 1 In primitive societies where members of a household would produce for themselves most of the products and services they needed to survive transactions with outside suppliers were rare. Because these transactions were rare it was common to use barter exchange rather than having a common form of payment like we use today. Barter exchange would involve a direct swapping of products and service and requires a buyer to track down a seller.
Rating:Essay Length: 2,013 Words / 9 PagesSubmitted: December 20, 2009 -
Economic Indicators
Economic Indicators When predicting the future of the economy it is necessary to look at forecasts from several different economic indicators such as Real GDP, unemployment rates, the Consumer Price index, interest rates, Producer Price Index, and oil and fuel prices. It can be helpful to look at more than one forecast as there may be a variety of forecasts with different results or bias. Comparing two forecasts per indicator will give consumers a better
Rating:Essay Length: 1,653 Words / 7 PagesSubmitted: December 20, 2009 -
Wal-Mart Case Review - Economics
How is Wal-Mart able to sustain its economic profit in the face of intense competition? In an article by Burt Helm from Business Week Online, March 28, 2007, Wal-Mart CEO: “I’m not a big fan of marketing”. He later said he meant just “advertising,” but that’s what Chief Executive Lee Scott replied when I asked him what he expected from the upcoming ad campaign, and how the company planned to get shoppers to buy items
Rating:Essay Length: 1,047 Words / 5 PagesSubmitted: December 20, 2009 -
Economical Aspects of the Defeate of the Confederates
Economical Aspects of the Defeate of the Confederates. Welcome Slavery was more than a labor system. The slave society of the South in 1860 was a different economic order from the free-labor North. Riding on the extraordinary wealth, breadth, and reach of "King Cotton," which was worth more than all other American exports combined, the South simply did not develop the manufacturing, transportation, or financial-services sectors that had characterized northern economic growth since 1790. The
Rating:Essay Length: 2,395 Words / 10 PagesSubmitted: December 20, 2009 -
The Entrepreneur in Economics
Current economic research denies the innate characteristics of the entrepreneur. Rather than attributing economic growth and innovation to personality traits, economists would rather advocate a form of economic determinism: if an aggressive personality dominated an industry, economists try to explain the characteristics of the industry that made aggression a successful strategy. Economic models are contrived to remove the personality from the entrepreneur, to make all entrepreneurial decisions predestined, given enough time. However, to deny Bill
Rating:Essay Length: 300 Words / 2 PagesSubmitted: December 21, 2009 -
Overview of Naked Economics
Naked Economics (Undressing the Dismal Science) by Charles Wheelan is a detailed book that gives good descriptions on how the study of economics works. A lot of people find economics as boring inexact science that does not pertain to them. Little do they understand how much it influences their life. First off because economics is not an exact science it is had for economists to predict the outcome of events. There are a lot of
Rating:Essay Length: 276 Words / 2 PagesSubmitted: December 22, 2009 -
Managerial Communication
Table of Contents 1. What Is Managerial Communication? 2 1.1 Organizational Communication 3 1.1.1 Methods To Effective Organizational Communication 4 1.1.2 Barriers of Organizational Communication And How To Overcome Them? 5 1.1.3 Benefits of Effective Organizational Communication 7 1.2 Interpersonal Communication 7 1.2.1 Methods of effective Interpersonal communication 7 1.2.2 Key Functions of Interpersonal Communication 8 2. Conclusion 9 References 11 1. What Is Managerial Communication? Managerial communications involves gathering important information from both
Rating:Essay Length: 1,978 Words / 8 PagesSubmitted: December 22, 2009 -
Businesss Economics
How and the hell am i stuck her writing an essay papper on business economincs if i do not know a damn thing about it. How and the hell am i stuck her writing an essay papper on business economincs if i do not know a damn thing about it. How and the hell am i stuck her writing an essay papper on business economincs if i do not know a damn thing about it.
Rating:Essay Length: 417 Words / 2 PagesSubmitted: December 23, 2009 -
Argentina Economic Crisis
I - In Overture: Argentina – Economic Status & Early Signs of a Crisis to Come: Today, Argentina is arguably revered as the second largest economy in South America, after Brazil, and even considered as a considerable economic power in the world. That economy has been measured and weighed heftily, mainly due to a transformation of the political system that governs it. Up until 1983, the country was headed by a succession of military regimes,
Rating:Essay Length: 4,624 Words / 19 PagesSubmitted: December 23, 2009