Economics

The essay is about the role of freedom of speech in fostering innovation and economic growth, citing the U.S.’ remarkable economic competitiveness.

Briefly summarize the common features and consequences of historical financial crises. According to the authors of article "The aftermath of financial crises", certain factors indicate that a country is on the verge of facing a severe financial crisis. The asset prices start to inflate, huge deficits are...

Progress Report: The Role of Monetary Policy and Central Banks in Recession and Financial Stability and Liquidity Shocks It looks like a wonderful journey to examine the role of central banks and monetary policy. In the first draft, the biggest challenge that I faced in this process is the identification...

The Role of Monetary Policy and Central Banks in Recession and Financial Stability and Liquidity Shocks Abstract The role of the central bank and monetary policy in the financial stability, fight against recession and maintaining the liquidity shock is visible in both developing and developed economies....

Oil Extraction, Dispossession, Resistance, and Conflict in Nigeria's Oil-Rich Niger Delta WHAT IS MEANT BY FOSSIL FUEL CAPITALISM? The fossil fuel capitalism refers to the monopoly of oil extraction or fossil fuel supply in different parts of the world. For Instance, In Nigeria, starting from the colonial...

After the entry of ADM, the total market out and price are the same as it is Q=76 and P=$1.65. Each firm produces 38 as there are only two firms in the market.

According to McCloskey in his article “Economical Writing: An Executive Summary” Economists do not have enough time to read books in general.

The term Globalization refers to international trade. Through globalization, we are moving towards a more integrated and interconnected world.

The proposal and first draft focus on the role of central banks, now the focus is to evaluate the effectiveness of monetary policies in realizing economic goals.

Monetary policy should be emphasized as it could be helpful in achieving the inflation targets and increasing real wages, however, not in the long run.

Monetary policy is an intriguing subject, because in economics the role of money is very ambiguous, especially in neoclassical economics.

The firm enjoys market power. The reason behind this is that the markup factor is 2.3256 times, which is being used by the firm for its price over marginal cost.

President Donald Trump has recently negotiated the NAFTA deal and renamed it to USMCA agreement. He believed that Canada got more advantage from the NAFTA deal.

Trump Administration claimed that in the original NAFTA document, American business interests were ignored, which affected adversely certain American industries.

In the world of economics, a monopoly can be characterized by an individual seller or firm that is only producing one kind of goods that nobody else is.

Adam Smith is the Father of Modern Economics and Capitalism. He was an exceptional political philosopher during the 18th century.

Governments devise and implement fiscal strategies for two core reasons: 1) employment, and 2) economic growth. Fiscal spending has many leakages.

Aggregate demand is the combination of four parts including the investment, consumption, net exports and government spending.