Analysis of study abroad venture

Executive Summary This Global Management Project (GMP) is focused on two different international economic development methodologies, microfinance institutions (MFIs) and business incubators for economic development. This is in response to assumptions made by co-founders Mr. and Mrs. Jones (names have been substituted) and their long-standing interest in international development and poverty alleviation. The Jones’ believe … Read more

Banking regulatory & market framework of the Ghanaian economy

Introduction Banking crises triggered development of regulations to safeguard the system. Domestic and international banking regulations were instituted and reformed over time to strengthen regulatory and supervisory frameworks since risky banking procedures were attributed to the financial crunches (Bertus, Jahera & Yost, 2007). Specifically, the crucial role of banks necessitated regulation and supervision of capital, … Read more

How was innovation utilized as a military favorable position in European colonization?

How was innovation utilized as a military favorable position in European colonization? In Jared Diamond’s discourse, “Guns, Germs, and Steel” He exhibited solid contentions regarding how innovation gave them a colossal favorable position amid victory. Diamonds’s best reasons will be clarify in this exposition and used to examine this contention. In any case, Europeans had … Read more

Capitalism is the superior economic system

Economic freedom leads to public satisfaction. Capitalism provides more freedom, economic or otherwise, than communism. Many things attribute to economic wellbeing, such as content with the government system, the presence of innovation, competition, and global economies. Each of these essential attributes of economic wellbeing are connected to capitalism and the effects it has on the … Read more

Can Artificial Intelligence help our economy?

‘Economics has never been a Science – and it is even less now than a few years ago.’ Paul Samuelson describes how economists prefer to refer to their theoretical models – those which have minimal affiliation to the real world, for they are unable to consider the irrational human behaviour on state or macroeconomic affairs. … Read more

Elasticity of demand

The economic concept that is being displayed in this article is (Elasticity of Demand). Elasticity of demand is the responsiveness of demand to a change in the price of a good or service. To determine whether this is a inelastic or elastic demand we need to analyse the characteristics of each type of demand. Elastic … Read more

Should the Government tax red meat for health reasons?

“Researchers at the University of Oxford suggest the UK Government impose a tax on red meat” The aim of the government’s possible imposition of a tax on red meat is to internalise the many negative externalities of the consumption of red meat. There have been huge amounts of research into the health risks associated with … Read more

What is the IS-LM curve? Can it predict if a recession will occur?

The IS-LM model is also known as investment-savings and liquidity-money. In Keynesian economics, the model represents how the market for economic goods (IS) interacts with the money market (LM). Both lines intersect and that represented the short-run equilibrium between interest rates and output. In 1937, the IS-LM model was introduced by economist, John Hicks. This … Read more

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