Macroeconomics Essays

The past several weeks have been a real cause for panic; and surely, there are reasons why people should feel so: the erratic volatility of the stock market, the number of debt-ridden banks and insurance companies closing, some unwelcome quarterly corporate earnings reports, the fair amount of skepticism raised against the Federal government’s bailout plan, […]

The history of the global economy is filled with noteworthy occurrences, including the collapse of centrally planned economies, the oil crisis, the Great Depression of the 1930s, Latin America’s struggles during the lost decade of the 1980s, and the success of Asian ‘tigers’ despite financial turmoil in 1997/98. Furthermore, international trade is expanding into new […]

In 2008, Hank Paulson had a crucial involvement in the financial crisis. Mr. Paulson’s role in the financial crisis and his mistakes as Secretary of Treasury have been questioned. Did his background at Goldman influence his actions? As Secretary, Mr. Paulson allowed too many subprime mortgage bonds into the market and investment banks bought them, […]

A generalized double diamond approach to the global competitiveness of Korea and Singapore H. Chang Moona,*, Alan M. Rugmanb, Alain Verbekec a Graduate Institute for International & Area Studies, Seoul National University, Seoul 151–742, South Korea b Templeton College, University of Oxford, Oxford OX1 5NY, UK c Solvay Business School, University of Brussels (V. U. […]

The European war that began in September 1939 may seem like an unstoppable chain of events. The annexation of several regions, including the Rhineland, Austria’s Anschluss, the Sudetenland, Silesia, Czechoslovakia and Poland occurred as events progressed and gained momentum [1]. This repetition adds to a sense of inevitability about the series of events. However, popular […]

To analyze an economy, certain statistics can be used to predict the economy’s future. This is important because it helps prepare people for prosperity or hard times. Certain indicators can be used to determine the future of aggregate demand and others can be used to determine aggregate supply. Using eight aggregate demand indicators and four […]

Italy had emerged from World War I in a poor and weakened condition. An unpopular and costly conflict had been borne by an underdeveloped country. Post-war there was inflation, massive debts and an extended depression. By 1920 the economy was in a massive convulsion – mass unemployment, food shortages, strikes, etc. Contents [hide] 1 Fascist […]

The IMF, a worldwide organization that involves almost all countries (IMF 2006), works towards promoting international monetary cooperation and overseeing the global financial system. Its key responsibilities include monitoring exchange rates and balance of payments as well as providing technical and financial assistance to achieve a stable international monetary system for sustainable economic development and […]

Fernand Braudel, a modern French historian, sees three intertwined but distinguishable strands of history. They are: material life, economic life, and capitalism. Material life, he says, sets “the limits of the possible”. Material life means the routines of daily work, the everyday tasks that we perform so that we can sustain ourselves. It covers the […]

The analysis and surveillance of exchange rate movement has been a significant topic within macroeconomics. However, accurately predicting exchange rate levels has been a challenge for both academics and market professionals since the Bretton Woods system collapse. While numerous exchange rate forecasting models have been proposed, results from empirical studies have not been fully satisfying. […]

IMF and its role in International Political Economy is not a new word for us because of the close relationships between politics and the economy. The development in politics is due to the development in society and the development in society is mostly driven by the economy. The parallel existence and mutual interaction of ‘state’ […]

Fiscal Policy Lags Management of the National Economy In the United States there are only a few avenues available to the government for management of the economy. These opportunities fall under the broad headings of monetary and fiscal policy. Monetary policy is under the primary control of the Federal Reserve Board. Its tools include interest […]

Economics is defined as the study of how the forces of supply and demand allocate scarce resources. Economics can be subdivided into microeconomics, which examines the behavior of firms, consumers and the role of government; and macro economics, which looks at inflation, unemployment, industrial production, and the role of government (Investor Word, 2008). Economics can […]

Both Keynes and Friedman, distinguished economists of the 20th century, exerted powerful influence in their field. While they made significant contributions to political economy and macroeconomics, their differing views on vital economic issues such as government regulations, pricing policies, fiscal policies, and monetary policies prompt the inquiry: Who possessed a more accurate understanding of how […]

The Twin Deficits in the Economy of the United States The twin deficits are definitely back. People that do not know what twin deficits are? The Twin deficits are the current account deficit and the federal budget deficit. The current account deficit measures the flow of money from and to other countries and measures merchandise […]

Introduction: Iceland is located between Norway, Scotland and Greenland in the North Atlantic Ocean. It is also the 2nd largest island of Europe. Iceland’s economy is based on the Scandinavian type capitalistic system, also known as the Nordic Tiger because of its rapid growth. With a population of only 312,872 people, it is ranked as […]

The CPI, also known as the Consumer Price Index, is designed to indicate the overall fluctuations in retail prices for all Malaysian households. Nonetheless, it should not be presumed that it precisely reflects the unique circumstances of each household. The Laspeyres formula is utilized for determining the index, which is based on locally consumed items […]

Lord Lionel Robbins was born in 1898, and was one of the many great economists of our time. Robbins was known for his contributions to economic policy, methodology, and the history of ideas, but made his name as a theorist. Robbins was made famous for his definition of economics, “Economics is a science which studies […]

The dynamic relationship between stock market and foreign exchange market has recently drawn much attention from economic policy planners, financial economists, and practitioners. Knowledge about the relationship between the exchange market and stock market is essential from the perspective of monetary and fiscal policy decisions, portfolio management, and economic development. STOCK MARKETA stock market is […]

The Indian rupee Is the only tender In India, and Is also accepted in the neighboring Nepal, Bhutan, both of which peg their currency to hat of Indian rupee. The RIB started producing notes In the year 1938. At present RIB controls the Issuance and management of currency of India. The rupee Is delved Into […]

The study examines the macroeconomic situations in Germany and China, where Brayer GAG is headquartered and has a notable market presence. It explores the market structures of Brayer’s business operations, analyzes how economic factors in these two countries influence Brayer’s economic activities, and evaluates the effects of monetary policies, fiscal policies, and foreign trade policies […]

Can this be compared to leaders of firms with monopoly power who try to impose their wishes on the market even if that does not allow free flow of products? The Bible was originally written in Hebrew for the Old Testament and in Greek for the New Testament. At first, there was fear of corrupt […]