Flu Season Each year the winter seasons brings with it cold, snow, holidays, and to a lucky few a break from work or school. To many, however, winter brings the dreaded Influenza virus, a virus which, if left to it’s own devices, can bring death, especially to the young, the old, and the infirm. This year winter also brought with it a shortage of the Influenza vaccine, which was due to

Macroeconomics Forecast Macroeconomic Forecasts: Federal Reserve WorldBank.org Mortgage Bankers Association Indicators: - Total Consumption - Business Investment A. Federal Reserve Total Consumption In the year 2002, the year drew to a close with the likelihood of the U.S. engaging in war with Iraq, businesses responded by holding off on making spending decisions. The U.S. ec

The Function Of Money Discuss the functions of money in the Marx’s political economy. Could the function of means of payment explain the emergence and proliferation of the credit money in contemporary capitalism' Of these three approaches to money: The German Historical School, Neoclassical and the Marxist approach; Marxist economics could be seen to have the closest theoretical con

Happiness As A Result Of Consumption Happiness As a Result of Consumption The article written in the Globe and Mail, Worldwatch comes along to spoil the fun, highlights the effects of consumption on consumer happiness and satisfaction. It poses the question, “Are we having fun yet'” which was a popular slogan in the 1980’s. This slogan still receives a great deal of thought in the year

Identity Crisis Identity Crisis When you think of identity theft do you think of the credit card commercials with the woman speaking with the mans voice' Does the internet come to mind' There are many different forms of identity theft and it happens every day to people all over the world. There are numerous scams involving identity theft, some more obvious then others, but all j

Economic Impact Of 911 The economy’s impact on tourism during the Christmas Season The events of September 11th have terrified people to the point that is has affected their spending habits. When such an infamous and scary thing like that happens it causes many problems for the economy. One of the major industries that were hit was the tourism industry. The tourism industry is o

Bayern Brauerei Breakeven/Cash Flow Analysis: Through the use of excel graphs, we learned that changing the fixed cost, variable cost, and price variables had varied effects on the profit margin. A change in fixed costs, such as the purchase of a plant or equipment, would have an effect on the price, but would likely use long term financing to finance, so there would be less of an ab

Cause & Effect Bankruptcy We live in a world where credit is the America way. We have developed a buy now, pay later society. In a lot of cases we end up not being able to pay for what we have purchased. When any person or business owes more money than is available for payment, a petition of bankruptcy may be filed in bankruptcy court. In the United States bankruptcy is at an all time

Ayn Rand’s Philosophy The purpose of this paper is to discuss the twentieth-century controversial novelist Ayn Rand’s philosophy of Objectivism and its contribution to the world of economics. Central to this discussion, is the Laissez-faire capitalism component of her philosophy and it’s growing influence on economists. Discussion Background and Life Ayn Rand was born Alissa Zin

Minimum Wage Increase Money is what drives our modern society. For thousands of years, man has had a type of currency, even if the currency method is simple trading of goods. Money is what distinguishes the upper class from the lower class. With out money, there would be no poverty, there would be no millionaires. There would however be but one class of people, all of who share common fi

A New Kind Of Drug War A New Kind of Drug War Throughout this article, it basically explains one principal postulate in details and astonishing statistics. The idea is that the traditional drug war that has been used previously and that is currently being used is very costly with trivial returns. The thought is that to make narcotics legal and very expensive will reduce addiction and

House Maid Services 1 INTRODUCTION The cleaning industry is experiencing explosive growth. Increasingly more people need their houses cleaned. Many people in metro cities are busy with their jobs and other works and they don't have enough time to arrange and clean their houses regularly and properly. Home maids provide the customers with such services which would make their lives mu

Inflation Course: Economics 201 Objective: The effect of inflation on the job market Date: 05 - 05 - 2003 The Effects of inflation on the Job Market In the major industrial countries, low unemployment usually creates inflationary pressures. But during the recent economic expansion in the United States, prices have held steady despite low unemployment. Inflation is generally defined

Racism And Economics There are many different forms of discrimination and each other these forms have different names. Generally when most people hear the word “discrimination” they think of racism, sexism, and possibly ageism as well as homophobia. However, there are many other kinds that most likely do not come to mind. The first word that usually comes to mind when someone mention

Car Makers Reach Out Car Makers Reach Out Russia’s best car makers still cant match the western standards on performance, comfort and safety, two leading car company’s have taken the initiative and negotiated alliances with separate multinational car companies to produce western style cars in Russia. These cross border strategic alliances have a chance of working according to many f

Medicare Medicare and Medicaid have been detrimental to our countries health care system since the start of the Hill Burton Act that was started in 1946. The Hill Burton Act was formally known as the Hospital Survey and Construction Act of 1946. The Legislation from this act provided the public with funding for the start of Hospital construction. Throughout the next few years the Hill Bu

A Different Type Of Welfare Reform Is Necessary The current welfare system is both under and over utilized. Some participants currently receiving benefits should not be eligible, while others with greater need are being denied assistance. There is clearly a problem somewhere when a drug addict, receiving assistance due to minor children, can sell her food stamps for drug money. Another

Why Measure Buyer Behavior Introduction Insight into consumer decision-making and buyer behavior is at the heart of the marketing concept (Arndt 1968). To date, researchers in the field have had little success in developing substantial scientific theory to describe stable laws in marketing. Most of the progress over the past few centuries has focused on understanding and identifying

Migration People all over the world leave their homes in order to fulfill some sort of personal satisfaction that they cannot accomplish at home. Reasons such as oppression, poverty, or better job opportunities all contribute to the grounds for people leaving their homes. However, they are not so quick to leave sometimes because the cost of moving to another region or country is someti

Early Capitalism, Smith, Malthus, Marx and Engels Early Capitalism and Economic Thinking Throughout the ages societies have struggled to find the perfect economic system. While economists may still be searching, countries like the U.S. have settled for capitalism. However, in the mid-1800s, when capitalism was still struggling to earn its wings, many philosophers foresaw capitalism as

Sustianability Questions 1.“The ultimate purpose of business is not, or should not be, simply to make money. Nor is it merely a system of making and selling things. The promise of business is to increase the general well-being of humankind through service, a creative invention and ethical philosophy.” Which present company has been accredited with conducting business in the manner abo

Euro Stability Over A Given Period I have included a report on the current and historical fluctuations of the euro in today’s economy. I feel that it is important to know this information because of our involvement with European distributors. I wanted to find out if the historical information on the euro is economically relevant or whether it is just an artifact of historical accountin

International Trade Of The Netherlands Preface The term paper subject assigned to me is: The international trade of the Netherlands. To give you a good idea of the Netherlands, my paper will start with an introduction of the country and its culture, followed by some general facts. After this short introduction I will tell you about the economy and international trade of the Nether

Cross Price and Elasticity of Demand Explain what is meant by cross price and elasticity of demand and indicate how this might be measured .discuss. how understanding of cross price elaticity of demand would be usefull to identify firm producing wine. Elasticity is the ratio of the percentage change in quantity. There are three types of elasticity of demand (perfectly inelastic,

The Integration Of U.S. And Mexican Economies The Integration of U.S. and Mexican Economies “The overall pattern of U.S.-Mexico trade and investment began to change radically nearly a decade before NAFTA with Mexico's unilateral trade liberalization. This ushered in a dramatic growth in the two-way trade of manufactured intermediate goods that has continued and matured since the implem

Drugs And Effect On Society Drugs in general aren’t exactly something that’s completely mysterious to the public, whether they’re legal or not. Most of the drugs that fall into the “illegal” category are generally referred to as narcotics, such as LSD or marijuana, among others. The ongoing battle between drugs and the laws against it has been going on for almost as long as this country

Socailism And Capitalism While capitalism and socialism have their own strengths and weaknesses in terms of providing various opportunities for the country, socialism provides more for its people. In a socialist government the people are what make the country “go round”. First off, the large companies are taken over by the government in order to provide general services for the populatio

Economics Of Poverty The Economics of Poverty in American Society Living in the United States, many of us do not think about poverty too much. Most people in the United States are above poverty level. They do not think about the less fortunate of America. Economics is the main factor of poverty in American Society, and more specifically, macroeconomics since it deals with the aggreg

Australian Fiscal Structure With Regards To Efficiency And Equity The Australian government plays a role in influencing production, consumption and distribution within the economy in an attempt to make an efficient fiscal structure that is more equitable to society. This essay will focus on the analysis of the horizontal and vertical fiscal structure in Australia with particular attentio

Fiscal Vs. Monetary Complexity and debate emerge from the discussion of the fiscal and monetary policies and which best suits the needs of the American economy. The truth of the matter is that both are strong policies and aspects of both policies are applied to the economy. In order to delve further into the basis of this debate, it is important to review the fiscal policy, the monetary