The computer age is upon us; with the advent of e-mail and lightning speed communications, the boundaries of the world have changed. We must now look at international policy from a global standpoint. As such, political scholars have had to change the way they analyze politics. The traditional views of liberalism and realism have altered drastically after the end of the Cold War and the […]

The UK has been in recession since the second quarter of 2008, a recession is when the economy is in economic decline for 2 or more consecutive quarters. This could affect them both positively and negatively. Consumers may have less disposable income; due to fears of unemployment and the threat of workers hours being cut back. If companies are not doing well then companies will […]

Lecture 1. EXPERIENCE ECONOMY – when the person buys experience, he pays to spend time enjoying a series of memorable events that a company stages -> as in theatrical – businesses must orchestrate play memorable events for their customers [pic] – EE is applied- new experience concept, experience included ins services and products, experience venues, additional offerings supporting memory of the experience – The anatomy […]

A basic underlying point in economics is that (A) people have limited wants in the face of limited resources. (B) there are unlimited resources. (C) governments should never interfere in the workings of a market economy. (D) people have unlimited wants in the face of limited resources. AY. The opportunity cost of producing good is defined to be (A) the money cost of the factors […]

The Report Investigation Report on China Lentoid Market, 2010-2019 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – Nonrepresentational. Biz” Description Infection caused by bacteria that are resistant to antibiotics is spreading over the world with increasing infection rate and mortality rate, which has posed a serious threat to human health. In 2004, National Monoclonal Infection Surveillance reported […]

My topic deals with Pakistan, its relationship with the IMF and World Bank, and its internal problems that are causing unemployment, poverty, economic crisis and hunger. I shall be analyzing the situation using the neo-classical theory, as it is what the economists of the Pakistan government and the IMF are using to alleviate the economic instability of the country. Situated in the sub-continent, Pakistan is […]

The Ju’/hoansi started as a food foraging society, a mode of subsistence involving some combination of hunting, fishing, and gathering wild plant foods. During the early days, these people would travel long distances within a restricted territory and make seasonal moves to tap into naturally available food sources. Men and women were both equally important in work as well as necessary for survival. Although the […]

Sessions 6, 7 & 8 Economic Efficiency Consumer Surplus A buyer’s willingness to pay (WET) for a good is the maximum amount the buyer will pay for that good good. WET measures how much the buyer values the good. Example: 4 buyers’ WET for an pod name Anthony WET $250 Chad 175 Flea John 125 By Viand-Bight Q: If price of pod is $200, who […]

History Quiz 1) To finance the American Revolution, the first paper notes were produced, known as Continentals. A 2) In response to the financial crisis in the sass’s, the Federal Reserves policy making body cut the federal funds rate to nearly O, the lowest level in over 50 years. C 3) Which president signed the Federal Reserve Act into law? Woodrow Wilson. C 4) The […]

Doing business on your own soil is challenging in itself, let alone in a foreign market. Initially a firm is at a disadvantage due to the liability of foreignness (Peng, 2011). The differences in regulations, languages, cultures, norms, and currency can make simple business transactions very daunting. A firm must do intensive research when embarking on conducting business in the foreign market. They must conduct […]