Category Archives: Economics


You have a small excavation firm and wish to purchase a small backhoe. Based on your research, you need to have $54,000 to purchase one used. If your cost of capital is 0.50%/month and you want to recover your capital (on a Present Worth basis) in 20 months, how much profit must this backhoe generate […]

In a two sector economy, the key players in the economy are the households and the firms. There is no government intervention,

Problem Set HW Assignment #1 Name: Tutor: Date submitted: QN 1 In a two sector economy, the key players in the economy are the households and the firms. There is no government intervention, implying that there are no injections and leakages in the circular flow.  Households are the buyers of goods and services and are […]

Global Economic Cooperation

U.S and Japan are two major economic powers accounting for almost 30% of world domestic product. Also they the two countries occupy a significant portion of both international trade and investment. Apparently, U.S and Japan are major actors in the world economy whose impact on the rest of the world is undeniable. Trade relationship between […]

The effects of the 2008 recession, causes and how the countries have struggled to mitigate the effects of this period

Global recession can be defined as a time when there is a slowing down of economic growth globally. According to the international monetary fund, a global economic growth that is below three percent is indicative of global recession. Based on this criterion, it is estimated that the world has gone through four periods of economic […]

Global Financial Crisis And Global Trade

In 2009, most of the principal developed countries are facing financial and economic challenges. This causes the largest decrease in global economic activities as various countries undertake varying measures to cushion their countries from the ongoing global financial crisis. Governments, especially from the developed countries are responding differently to the global economic crisis. Easing of […]

Examining the political and economic history of Germany

Germany has undergone a number of political and economic changes during the 20th century, which have combined to have a significant impact on the country’s development during this period. This paper has therefore been written to research and examine the political, social and economic history of Germany during the 20th century, and to identify the […]

Global Financial Markets

Global financial markets are faced with numerous problems. Following the turmoil experienced in global financial markets in summer of 2007, most financial institutions operating in the global markets failed. Majority of them faced funding problems and were forced to reduce the size of their balance sheets and stop any further expansion. Through such economic experiences, […]

Essay on the 2008 Financial Crisis

It is of great significance for organizational managers to recognize the major challenges that come with the global downturn. The present global financial downturn has led to many organizations examining their approaches in light of the ever rising competition along with reduced consumer demand. Adjusting to fit within the new environment demands comprehensible strategic focus, […]

Global Industrial Food System

Table of Contents Abstract    3 Introduction    3 Supply chain    4 Quality control    5 Production planning    6 Case study analysis-Marel Fish    6 Situation before methodology    7 Situation after methodology    7 Conclusion    9 References    10 Abstract The global industrial food system simply represents channels through which food passes before reaching the end user. The discussion will be […]