Category: Economics 2707
-
EFG Amalgamated Company: Physical Assets System
Table of Contents Abstract Physical Assets System Training: Case Study The Model to Evaluate Training The Approach to Conducting Evaluation Conclusion References Abstract This paper provides the discussion of a training evaluation model that was selected for analyzing the success of the program implemented in EFG Amalgamated. The focus is on describing Jack Phillips’ evaluation…
-
Housing Crisis of 2007 and Current Economy Response
Table of Contents Introduction Issues Influencing the Housing Crisis The Economic Response Conclusion References Introduction The Housing Crisis of 2007 was a massive economic meltdown that occurred when banks oversold mortgages in an attempt to satisfy the high demand for securities. Insurance companies, banks, and hedge funds influenced the subprime mortgage crisis. The financial institutions…
-
“Cryptocurrencies – Advantages and Disadvantages”
A cryptocurrency is a virtual currency that uses cryptography for security. In the modern world, some of the most known cryptocurrencies are Bitcoin, Ethereum, and Ripple (Bunjaki et al., 2017, p. 33). The main advantages of cryptocurrencies are transparency, anonymity, confidentiality, and privacy (p. 33). The authors claim that the cryptocurrency system of payments is…
-
SuperFreakonomics by Steven Levitt and Stephen Dubner
SuperFreakonomics is a book by Steven Levitt and Stephen Dubner which serves as a follow-up to their previous work, Freakonomics. Their second work is built mostly around the premise of providing real-life examples of economic principles in a convincing and accessible manner. However, unlike the first work, which took advantage of statistical analysis and tied…
-
Market Economy Emergence
Table of Contents Introduction Industrialization Immigrants and Culture Works Cited Introduction The population of America began to expand in 1815 due to the accession of various states to the union and the appearance of immigrants from different countries actively. The first trends of freedom attracted residents of other countries, although slavery still took place. The…
-
Gig Work, the Gig Economy, and Gig Work Trends
The gig economy has emerged after the development of information and communication technologies. The digitalization and proliferation of smartphones have contributed to the development of platforms for hiring temporary contractors. This gig work trend has also created a new format for the employee-employer relationship, primarily based on cooperation on short-term contracts. Therefore, it is essential…
-
The Book “Freedomnomics” by John Lott Jr.
Table of Contents Underlying Theme Specific Issues Conclusion Work Cited Underlying Theme The book Freedomnomics by John Lott Jr. is an exploratory work of the economic principles that underlie the functioning of modern society. Much like Donahue and Levitt in their book Freakonomics, Lott Jr. makes his point by making an unexpected claim and providing…
-
Identification of Export Documentation Scenario
Scenario One An LCL shipment of motor vehicle parts from a UK manufacturer to an importer in Johannesburg, South Africa. The goods will travel by sea in a multi-modal ship, using the DDP Johannesburg Incoterm. This is the required documentation. Pro-forma Invoice: This is a document that is sent by the seller. It sometimes acts…
-
Tires, Steel, and Aluminum Tariffs
Table of Contents Introduction Short-term and Long-term Jobs Impact Tire Tariffs Effectiveness Works Cited Introduction Steel, aluminum, and tire tariffs are regulated by the US even in modern times. Their impact on the domestic and foreign economies has different consequences. For example, in 2018, the United States rebalanced metal tariffs to the worst for the…
-
Brazilian Real and British Pounds Exchange Rate
The relationships between the currencies of different countries may be discussed in a variety of ways regarding the existing theories and formulas. Interest rate parity (IRP) theory is one of the methods that can be appropriate for the evaluation of the interest rates and exchange rates (Eun & Resnick, 2015; Piros & Pinto, 2013). However,…