The paper discusses the development of managerial economics over the past 50 years.
Analytical Essay # 115128 |
1,066 words (
approx. 4.3 pages ) |
3 sources |
MLA | 2009
$ 22.95
More information
|
Add to cart
Abstract
The author of the paper examines managerial economics and the significant growth in interest from two points of view: the need for managers to make smarter business decisions and the pressure on managers to maximize profits. The paper examines managerial qualities needed by a successful manager and the role of leadership and managerial education in the progress of a business venture.
From the Paper
"Lately many companies are feeling the pinch of reduced business activity. Customer orders at an all time low, but the scrutiny for management decisions is on the rises. Suppliers and lenders are seeking safe, low-risk investments. As a result, it becomes increasingly important to do more with less, compete effectively for limited credit, and reassure stakeholders and investors2. These normal pressures, coupled with the current state of the economy, has increased the complexity of the decision making process. Mangers are seeking out proven methods and tools to help make day-to-day decisions more error proof and transparent for the watchful eyes of shareholders. Successful managers are able to process several channels of information such as market conditions, decisions by the competition and the current and future state of their industry. The successful manager is able to utilize all sources of information and formulate a succinct direction for the company. This requires intensive and extensive research that is often time consuming and stressful. Fortunately, the study of economic theories has produced formulas and tools to aid managers. One example is MathWorks. This tool is utilized by the fourth largest energy company in Spain, Union Fenosa. It helps manage their supply and demand for utilities. Union Fenosa has an electric generation capacity totaling 10,000 megawatts. Since the electricity produced can not be stored, it is vital to know how much to produce and when. To determine how best to sell electricity in the wholesale market, the company must accurately predict the next day's prices and demand as well as the availability of electric power. The Mathworks supply and demand models help to project capacity and demand and optimize their generation asset portfolios3. This is a perfect example of the application of economic concepts to create analytical tools in the assessment and prediction of market conditions and business environment. Examples like this have increased the interest in the study managerial economics and equally increase managers ability to make smarter decisions"
Tags:business, finance, management, strategy, economics, leadership, recession
The paper analyzes the economic challenges currently facing Japan as a result of the recession that has hit the country following years of extraordinary economic growth.
Essay # 29085 |
2,245 words (
approx. 9 pages ) |
5 sources |
MLA | 2002
|
$ 41.95
More information
|
New! Look inside the paper
|
Add to cart
Abstract
The paper examines the major characteristics of the Japanese economy and its most important sectors-- industry and manufacturing. The paper compares the economic structure of Japan to the developed countries of Europe, such as Germany. The paper discusses the high rate of private and public investment in Japan and its lack of openness to foreign trade. The paper looks at the economic woes created as a result of the recession and the uncertainty with which the country is faced.
Table of Contents
About Japan
Economic Overview
Japan's Economic Structure
Japan's Investment Rates
Economic Woes
Japan's Trade Surplus
Japan's International Trading Process
Conclusion
Bibliography
From the Paper
"While Japan is still very much focused on traditional culture, the country absorbed a great deal of Western technology during the late 19th and early 20th centuries (Bartleby, 2000). After losing World War II, Japan experienced an amazing recovery, which secured its status as the second most powerful economy in the world and a loyal ally of the United States. Although the emperor holds the throne as a symbol of national unity, the actual power falls to a network of powerful politicians, bureaucrats, and business executives. Japan's economy experienced a major slowdown in the 1990s, following three decades of unprecedented growth, and currently has some serious economic challenges."
Tags:keiretsu, employment, finance, enterprises, reforms
A basic overview of capital finance and risk aversion related to the U.S. economy in general, and the health care industry in particular.
Analytical Essay # 146197 |
1,107 words (
approx. 4.4 pages ) |
9 sources |
APA | 2010
|
$ 23.95
More information
|
Add to cart
Abstract
As in any industry, there are many terms that need to be understood within the particular industry's economics versus the traditional economics. This paper describes how capital finance, risk aversion, and quality relate to the United States' overall economy, as well as to the health care economy. The paper defines each term, explains its importance, and compares it in both overall economics and health care economics. The paper concludes that a lack of understanding of these terms can hinder the decision making process that all Americans need in order to enhance our economy; knowing the importance of these concepts can help ensure that their health care issues are professionally handled with minimal affect on their life savings.
Outline:
Introduction
Capital Finance
Risk Aversion
Quality
Conclusion
References
From the Paper
"In the past, organizations within the health care industry have needed to ensure that they had the finances required for different projects to be completed which would allow Americans to receive the quality of care they deserved as well as enhance the health care economy. Capital Finance has always been a critical component within the health care industry. It is vital that all employees' especially health care managers and providers have a comprehensive understanding of finance and economics (Eastaugh, 2004). These components are important so that the organizations meet the considerable challenges of cutting costs while enhancing their service quality (Eastaugh, 2004). Americans want and need to have access to the best care possible at reasonable prices. With the proper capital finance, organizations in the health care industry, can continue to keep up with the economic supply and demand, that will keep them competitive in the health care industry."
Tags:market, turbulence
A discussion regarding Islamic economics and the principles set forth by the Koran.
Essay # 89289 |
2,250 words (
approx. 9 pages ) |
8 sources |
2006
|
$ 41.95
More information
|
Add to cart
Abstract
This paper discusses the nature of Islamic finance and economics, as well as the principles derived from the Koran that govern economics in Islam. The paper notes that modern Islamic economics is based on several religious laws set forth in the Koran, as interpreted by various scholars, and modern economics in particular have been shaped by readings of the Koran beginning in the 1940s.
From the Paper
"Islamic economic practices are governed by tents from the Koran and are embodied in Islamic law, known as shari'ah. These tenets govern business, economic decisions, and other aspects of social discourse in Islamic societies. Islamic economics is based on several religious laws set forth in the Koran, as interpreted by various scholars, and modern economics in particular have been shaped by readings of the Koran beginning in the 1940s. Analysts note the way society expresses its form in Islamic theocracies and the power of shari'ah, or Islamic religious law."
Tags:islamic, economics, finance
An analytical essay on the various factors of healthcare economics.
Analytical Essay # 149215 |
804 words (
approx. 3.2 pages ) |
3 sources |
APA | 2011
|
$ 17.95
More information
|
New! Look inside the paper
|
Add to cart
Abstract
This analytical paper discusses the evolution of healthcare economics in society. Looking at how society has evolved as well, the paper parallels the two factors to help create a picture of it whether healthcare finances have gone and where they will go. Divided into the various sections of the paper are the various costs that healthcare must consider when providing appropriate care with the highest functionality and the lowest cost.
Outline:
Introduction
Intervention A - Purifying Waters to Reduce Carcinogens
Direct Costs
Indirect Costs
Intervention B - Creating and Administering a Vaccine that Protects against Cancer
Direct Costs
Indirect Costs
Conclusions
From the Paper
"As society evolves, its illnesses also suffer modifications. Whilst cures have been found for the diseases which killed millions of people during the Middle Ages, new affections have emerged to pose new threats. Cancer is today the second largest cause of death among the population, surpassed only by heart diseases and followed by cardiovascular diseases, chronic respiratory diseases and accidents (Center for Disease Control and Prevention, 2009). This situation forces the authorities and the researchers to invest in identifying cures and solutions for cancer. Two potential solutions are currently available. The first sees the purifying of drinking water, which already contains increased levels of carcinogens and the solution could halve the incidence of the disease. The second alternative is that of developing and administering a vaccine that would entirely eliminate cancer, but would cause the individual sleepiness and inability to work for one week. In this context, the question that is being posed refers to the costs incurred by the implementation of each strategy."
Tags:healthcare, economics, medicine
This paper reviews the article "Japanese Industrial Finance at the Close of the 19th Century: Trade Credit and Financial Intermediation" by Y. Miwa and M. Ramseyer.
Article Review # 102460 |
1,188 words (
approx. 4.8 pages ) |
5 sources |
APA | 2008
|
$ 24.95
More information
|
Add to cart
Abstract
The paper discusses Japan's economic development at the turn of the 19th century with respect to an article published by Miwa and Ramseyer entitled, "Japanese Industrial Finance at the Close of the 19th Century: Trade Credit and Financial Intermediation." The paper is of the opinion that the article is useful and largely successful at supporting the authors' points. The paper points out, however, that the article is prefaced with an over abundance of historical data that is, at best, only partially relevant from a historical perspective.
From the Paper
"This article discusses several issues relevant to the Japanese economic experience during the late 19th century as it relates to financial revolutions that anticipate rapid economic growth. The observation is made that Japan did experience such a financial upheaval but that it was not artificially inspired but rather the natural by-product of private investor demands for greater financial infrastructures. Additionally, the authors observe that while securities existed in tandem with traditional bank credit structures, trade credit was largely relied upon in order to raise capital for ongoing industrial expansion."
Tags:economic, growth, bank, credit, capital, expansion, silk, industry
This paper examines the philosophy of public finance.
Term Paper # 117622 |
770 words (
approx. 3.1 pages ) |
4 sources |
APA | 2009
|
$ 16.95
More information
|
Add to cart
Abstract
In this article, the writer notes that public finance is a part of economics and related to activities that are associated with the payment of cooperative and governmental activities. The writer also explains that the philosophy of public finance is based on raising funds for public purposes. The writer maintains that public finance may also be defined as a science because it deals with a definite and limited field of human knowledge. The writer then examines the philosophy of public administration, the comparison and contrast between governmental accounting and non-governmental accounting, and the relationship between budgeting and financial reporting in government.
Outline:
Introduction
Philosophy of Public Finance
From the Paper
"The financial planning policies help in designing balanced budget and reports. Both budgeting and financial reporting are the important constituents of the accounting system in a public sector organization. Financial reporting refers to an effort related to assessment of financial performance of the government. Budgeting and financial reporting assists in decision making regarding the financial aspects of an organization, such as raising and expenditure of funds for handling the financial consequences. Both of them assist government in financial management for fulfilling the rules and regulations of public finance as well as the increasing requirements for services with limited resources of revenues.
"Budgeting and financial reporting, both are closely related because without having correct financial statements in the financial report, true budget cannot be prepared. "
Tags:budgeting, funds, expenditures, revenues
An overview of the finance industry careers.
Descriptive Essay # 111256 |
1,027 words (
approx. 4.1 pages ) |
2 sources |
MLA | 2009
|
$ 21.95
More information
|
New! Look inside the paper
|
Add to cart
Abstract
The paper discusses the requirements for an individual to major in finance and succeed in this career. The paper outlines three lucrative careers open to finance majors, namely, financial analysts, financial consultants and working in commercial banking. The paper predicts that now is a good time to receive an education in finance, because by the time a student graduates, the current economic woes will likely have abated.
Outline:
Requirements for the Major
Finance Careers
Outlook
From the Paper
"To major in finance and succeed in finance as a career path requires more than a desire to simply 'make money'--it requires a genuine enthusiasm for working with people as well as numbers. Ideally, an employee with high aspirations in the finance industry will have a strong background in accounting combined with a personality that is "outgoing and inquisitive by nature" (Nich 2003). A good finance curriculum should provide a student with financial management tools "to succeed in analyzing and executing the financial aspects of managerial decisions" and the candidate's own charisma must convey to the client how certain decisions will enable the client to meet certain goals, using all of the realistic resources and options available."
Tags:analyst, consultant, commercial, banking, investment, accounting, insurance
A book review of the work "Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism" by Kevin Phillips.
Book Review # 146682 |
1,111 words (
approx. 4.4 pages ) |
1 source |
MLA | 2011
|
$ 23.95
More information
|
New! Look inside the paper
|
Add to cart
Abstract
The writer analyzes "Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism", in which the author Kevin Phillips analyzes the current U.S. economic crisis and outlines the factors most responsible for its evolution over the last several decades. The writer notes that in chronological order, Phillips explains how the following issues and circumstances culminated in the recent collapse of the American economy: (1) the increasing influence of big business and special interest groups on legislative policy in Washington; (2) the increase U.S. dependence on OPEC to meet energy demands; (3) the increase in consumer debt; (4) government deregulation of banking, investment, and insurance; (5) government deregulation of the commodities and futures market; (6) the complexity of modern financial instruments and trading protocols throughout the financial investment sector; (7) the resulting destabilization of the home mortgage industry; and (8) rampant fraud on both sides of the consumer debt and home mortgage industry. The writer maintains that less directly, Phillips also implicates the Right-Wing Conservative orientation of the presidential administration of George W. Bush.
Outline:
The U.S. Dependence on OPEC Oil
The Influence of Big Business and Special Interest Groups on Legislative Policy
Increasing Consumer Debt
Government Deregulation of Banking, Investment, and Insurance
The Complexity of Modern Financial Instruments and Trading Protocols
Consumer Debt and Home Mortgage Industry Fraud
Destabilization of the Home Mortgage Industry
From the Paper
"During the 1980s, computerization revolutionized the process of stock trading because of the tremendous increase in the speed (and therefore, the volume) of stock transactions on Wall Street as well as in the foreign stock markets in Britain and Japan, among others. Toward the end of the decade, Wall Street investment firms began hiring PhDs in mathematics and physics to create incredibly complex algorithms capable of modeling elements of the stock and futures markets. In most cases, the creators of these algorithms knew next to nothing about the financial industry, and the executives who employed them knew (literally) nothing about the mechanisms their firms had begun to rely on for their trading strategy."
Tags:market, financial, property, investments, debt
A review of an article by Miwa and Ramseyer entitled, "Japanese Industrial Finance at the Close of the 19th Century: Trade Credit and Financial Intermediation."
Article Review # 132326 |
1,250 words (
approx. 5 pages ) |
0 sources |
APA |
|
$ 25.95
More information
|
Add to cart
Abstract
This paper discusses Japan's economic development at the turn of the 19th century with respect to an article published by Miwa and Ramseyer entitled, "Japanese Industrial Finance at the Close of the 19th Century: Trade Credit and Financial Intermediation." While the article is seen as useful and largely successful at supporting the authors' points, the paper asserts, it is prefaced with an over abundance of historical data that is, at best, only partially relevant from a historical perspective.
Tags:economy, Asian, Pacific, fiscal