Essays on Economics

1. Introduction: The personal computer (PC) market is segmented into two parts by distribution channel and by-product. On the basis of product, PC is further divided into consumer desktop, commercial desktop, commercial notebook. Currently, India’s personal computer is declining at the rate of 8.3%. India personal computer market is driven by the increase in the...

Introduction Managing a business firm is a critical task as it requires knowledge of different theories that are necessary to make the firm successful. Among such theories, microeconomic theories are most important as these theories impact every decision of a firm related to production. Theories of microeconomics gives the notion of the understanding cost of...

Introduction Coal mining refers to the extraction or excavation of the mineral coal, from the ground (Society, n.d.). The selected news article reflects upon how the market has been stagnated with the over-supply of coal, leading to declining prices. Even though thermal exports from the country remains intact, there is a predicted shortage in the...

The society I reside in has no doubt impacted my work. It’s trends, what’s fashionable, what people want now at this moment. Sometimes when I’m not caught up in it myself, I stop and question myself…why? Why do we value such material objects? Using both sculpture and relational aesthetics as investigative tools, what influence does...

According to Scott (2017), “Consumerism can be defined as an economic and social ideology and order that encourages consumption or acquisition of goods/services in a never-ending cycle (par. 1). Because we live in a capitalist country, consumerism is increasing significantly in which it can potentially harm customers over the years. Consumerism lies in business companies...

· Constrained Preferences When someone acts rationally, they are thinking clearly and have made decisions that have no doubts. A person who thinks rationally makes informed decisions. In economics, rationality refers to the choices one makes in the state of scarcity. Most decisions are made because customers can afford them and there is need to...

The accounting industry is rapidly developing and faces issues. First of all, the increase in information statistics and calculations leads to more challenges. With the evolution of the global network, organizations are developing rapidly in all aspects. Online business has given more room for development, making it’s business activities more diversified. This has great requirements...

Introduction In this report I will advising Liam O’Brady who owns a business that sells musical instruments, Liam has used manual accounting system for several years, and after meeting with fellow businessmen at a local chamber of commerce workshop, he is now thinking about computerising the account and sales control aspects of his record systems...

Industry: Telecommunications Industry, Internet Service ProvidersNote: Since the telecommunications industry includes telephone companies, internet service providers (ISP) and mobile communications, I narrowed it to only ISP for better explanation and classification. Before start to analyze telecommunications industry under 7 assumption, I want to explain what ISP is and why I chose it. An Internet Service...

The world economy investigation is confronting a juncture of dangers, which could seriously upset monetary action and deliver huge harm on longer-term improvement prospects. Financial movement in late 2018 and mid 2019 was more fragile than anticipated including a portion of the area’s biggest nations. It will influence a few of nation, for example, Thailand,...