Economics Essay Samples

Nowadays, the situation in gasoline industry worldwide is considered to be quite serious and some countries can even face the real threat of a profound economic crisis caused by high prices of oil. Even such economically powerful countries as the US are affected by high prices gasoline but the consequences of such a situation are still worthy to research. In this respect, the impact of high gasoline prices on automobile sales, and consequently, on automobile industry is one of the most serious problems that economists are expected to solve. Continue reading →

Traditionally, the unionisation of work force in Canada is considered to be more advanced than in the US. Such a difference between the development of unionisation in the neighbouring countries may be explained by a variety of factors but the primary role play the difference in legislation, historical development and mentality of Canadians and Americans. Continue reading →

This paper is a critical analysis that investigates the Institution of economics stressing its strengths, weaknesses and problems. It describes the importance of the Institution and its constituents, such as economic system, subsistence economy, conspicuous consumption, market forces, corporate capitalism and corporation. Continue reading →

To operate efficiently the US economy requires about 5 billion dollars daily investments, generally from abroad. The country has a trade balance deficit of about 600 billion dollars and the budgetary deficit of more than 450 billion dollars. Under these circumstances, the government should start implementing the “weak dollar” policy in order to make the exports cheaper, the imports – more expensive and finally cover the difference between the exports and imports value. But there is one serious reason why such policy is unacceptable – decreasing the dollar’s value means reducing investor’s profits. Continue reading →