Essays on Economics

I agree that a balanced budget is critical and that the government should always have one. Having a balanced budget means that the government is free from debts. I believe that this fact is important as the government will be able to protect the future generations from accumulated debts in...

This paper is based on an experiment of establishing the consistency, density, and compressive strength of concrete. The experiment involves casting of 12 sets of concrete cubes to with three different water to cement ratios. Therefore, four sets of cubes are prepared using one W/C ratio. The essence of making...

1) Describe what is being measured and the level of measurement for the following variables: P344pr, A093r, SexHRP, A094r, and G018r. Answer: The living costs and food survey (LCF) explore information on various households’ budgets in UK as reflected by data gathered from expenditure and cost of living....

As the world keeps on changing, that is; socially, economically and environmentally, concerns are being raised over the changes and in particular, on their sustainability. As a result of that, scholars have come up with the idea of sustainable development as a solution to the probable risk of which the...

By and large, relative poverty refers to a situation whereby a group of persons lacks the minimum income that is required to sustain life in a society in which they belong (Brady and Bostic, 2015). For this reason, relative poverty is considered the most suitable measure of poverty in respective...

Part 1:             Orthodox liberalism as presented by Adam Smith was developed to present an argument against the theory of mercantilist as well as the theory of colonialism. The classical liberalism theory is an IPE theory; it provided a different approach on how the economy and the importance of the state...

Free Trade and Trade Agreements Free trade is an idea of a free market where a country eliminates trade restrictions on imports and exports. It is characterized by free movement of labour, free entry to markets and access to market information and conduction of trade without taxes (Bustos, 2011). Usually, trade...

Employers and college student’s perception towards various issues is an aspect that has a lot of discrepancies. In the article “Well Prepared in Their own eyes” by Scott Jaschik demonstrates on some of the issues that students and employers agree on and those that they differ over. However, what is...

European Union (EU) is an economic and political union of states that are found in European. It has primarily 28 members who have established a free single market ensuring that goods and people can move freely within the member states (EU, 2018). It also plays a major role in formation...

International organizations play a critical role in the improvement of economic development and growth of various regions in the world. In the course of conducting their operations, various organizations face some challenges that adversely affect their operations. Some of the prominent international institutions that have substantially contributed to the development...

International political economy, IPE refers to social science that seeks to understand how political institutions and actors influence economic interactions in the global trading, borrowing, investment and lending. The study of international political economy is important because a country’s economic and political choices are affected by the money flows and...

The cartoon is about Brexit. Brexit is the imminent withdrawal of the United Kingdom from the European Union. Europe is a group of nations that were frequently at war. For instance, during the 2nd world war, the continent of Europe greatly hurt by the fights among countries in Europe (Troitiño, Kerikmäe...