Browse our collection of papers in
Microeconomics
C/E/825. Housing prices and changes in homeownership rates in UK and USA
- WORDS:
- 1950
- DATE:
- 2012
- PRICE:
- 19.99 GBP
The paper examines the changes in homeownership rates in the UK and USA since 1980 providing a review of literature on the related topic. Comparative analysis is conducted of the housing markets in the USA and the UK over the past three decades and the recent recession. Microeconomic factors that influence fluctuations in housing prices are outlined.
KEYWORDS: Housing prices, homeownership rates, UK and USA,
C/E/783. Proposal. Commercialisation of Saudi airports
- WORDS:
- 1100
- DATE:
- 2011
- PRICE:
- 19.99 GBP
The paper proposes to investigate the project of Saudi airports commercialisation. The aims and questions of the research are formulated, the research background is reviewed, its methodology, limitations and expected outcomes are described, the plan of the work is indicated, the ethical issues are addressed.
KEYWORDS: Proposal, Commercialisation, Saudi airports,
C/E/780. An examination of economies of scale in the airline industry
- WORDS:
- 1650
- DATE:
- 2011
- PRICE:
- 19.99 GBP
This paper examines economies of scale in reference to the airline industry, and begins by introducing information on the topic. Issues relating to purchasing, management, marketing, and technology are all assessed in reference to the airline industry.
KEYWORDS: economies of scale, airline industry, purchasing, management, marketing, technology,
C/OM/285. Transactional Cost Economics and Coordination of Vertical Chain
- WORDS:
- 1800
- DATE:
- 2010
- PRICE:
- 19.99 GBP
The paper examines the concept of Transactional Cost Economics (TCE) explaining how companies can minimise costs getting optimum prices for their goods. The nature of vertical integration of the supply chain is analysed, is efficiency in modern global market is explored.
KEYWORDS: Transactional Cost Economics, TCE, supply chain,
C/L/569. “The Coase theorem suggests that a market economy with well developed property rights would not suffer from externality problemsâ€. Discuss
- WORDS:
- 2500
- DATE:
- 2010
- PRICE:
- 29.99 GBP
The paper argues whether, according to the Coase theorem, a market economy with well developed property rights would not suffer from externality problems. Scenarios related to property costs and property rights are analysed highlighting associated problems and arguing the validity of the Coase theorem.
KEYWORDS: Coase theorem, property rights,
C/E/345. Game Theory and Microeconomics
- WORDS:
- 1900
- DATE:
- 2009
- PRICE:
- 19.99 GBP
The paper looks at different aspects of microeconomics that include exploration of supply and demand, price elasticity, production function, etc. An overview of the game theory is presented discussing the use of the Nash equilibrium and Pareto efficiency principles in building corporate strategies.
KEYWORDS: Game theory, demand, supply, elasticity, Nash equilibrium, Pareto efficiency,
C/E/271. Business economics: analysis of fair-trade products
- WORDS:
- 1600
- DATE:
- 2008
- PRICE:
- 19.99 GBP
The paper explores fair-trade products from a microeconomics perspective. It develops arguments in favour and against fair-trade products based on the analysis of value and consumer surplus.
KEYWORDS: Fair-trade, business economics, value, consumer surplus,
C/E/291. Prisoners Dilemma, its impact of Pareto optimality and alternative policy choices
- WORDS:
- 1100
- DATE:
- 2008
- PRICE:
- 19.99 GBP
The paper looks at the concept of Prisoners Dilemma illustrated through various examples. The impact of the phenomenon on Pareto optimality is considered, examples are analysed presenting both sides of the argument on the conditions when the dilemma should be resolved or, alternatively, maintained.
KEYWORDS: Prisoners Dilemma, Pareto Optimality, Policy Prescription,
C/E/292. What form does the Prisoners' Dilemma take, in an analytical sense? What properties does the solution have, in terms of an economists' notion of welfare (e.g. in terms of Pareto optimality)? Does one always want to resolve the dilemma?
- WORDS:
- 1100
- DATE:
- 2008
- PRICE:
- 19.99 GBP
The paper looks at the concept of Prisoners Dilemma illustrated through various examples. The impact of the phenomenon on Pareto optimality is considered, examples are analysed presenting both sides of the argument on the conditions when the dilemma should be resolved or, alternatively, maintained.
KEYWORDS: Prisoners Dilemma, Pareto Optimality, Policy Prescription,
C/E/147. Nestle and L'Oreal Joint Venture Case Study: Managerial Economics
- WORDS:
- 2500
- DATE:
- 2007
- PRICE:
- 29.99 GBP
The report has been aimed at producing economic analysis for two different cases of Nestle. The first case deals with the joint venture product with L'Oreal i.e. Innevo Firmness, which is aimed to improve skin tone of older people and has the competitive advantage based on new skin ingredient, Lycopene. The short term Total Cost (TC) function is given and a step by step calculation along with explanation for Fixed Cost (FC), Average Total Cost (ATC), Total Variable Cost (TVC), Average Variable Cost (AVC) and Marginal Cost (MC) has been provided. The dynamics of MC curve and AVC curve has also been explained in depth. The second case study deals with the purchasing decision of Prolan, a cat food brand by Nestle. The project appraisal techniques like After Tax Net Flow (NCF), Net Present Value (NPV) and Internal Rate of Return (IRR) have been used.
KEYWORDS: Nestle, Economics, Internal Rate of Return, Net Present Value, Marginal Cost, Average,
C/E/148. Explain the determination of the firm's average cost curve in (a) the short run and (b) the long run
- WORDS:
- 1100
- DATE:
- 2007
- PRICE:
- 19.99 GBP
The work shows how the marginal costs affect the profits of the firm in the short and long run, according to the neoclassical theory. Other concepts such as average cost, labour productivity and the economies/diseconomies of scale are discussed. The work is supported by diagrams.
KEYWORDS: Economies of scale, diseconomies of scale, marginal cost, firm, average cost, long run,
C/E/156. Baumol model
- WORDS:
- 1400
- DATE:
- 2007
- PRICE:
- 19.99 GBP
This paper analyses and describes Baumol managerial model on sales revenues maximisation. The essay also compares this model with the outcomes from the traditional neoclassical theory using 'real world' examples to demonstrate the differences between both approaches.
KEYWORDS: Managerial economics Production theory Baumol model, neoclassic economics,
S/E/107. The provider of club good has to decide both on the optimal level of provision of the good and the optimal level of membership of the good. Analyse how these decisions can be achieved.
- WORDS:
- 1500
- DATE:
- 2007
- PRICE:
- 19.99 GBP
The paper examines the difference between public and private goods from the perspective of the theory of consumption and the club theory. Characteristics of a club are reviewed, optimal levels of provision for club goods and membership are calculated.
C/E/142. The effect of free bus travel for the pensioners and the disabled on the demand for train journeys, taxis and tourist attractions
- WORDS:
- 1200
- DATE:
- 2006
- PRICE:
- 19.99 GBP
The work discusses the effect of free bus travel for the pensioners and the disabled on the demand for train journeys, taxis and tourist attractions. The concept of the opportunity cost is discussed, and the alternatives of the taxpayers' money are provided. The work then evaluates the pros and cons of this policy and a conclusion is reached.
KEYWORDS: Free, bus, travel, Scotland, taxpayer, taxis, trains, microeconomics,
E/E/33. Information asymmetry and how to reduce it
- WORDS:
- 1000
- DATE:
- 2006
- PRICE:
- 19.99 GBP
The paper examines the features of the perfect market discussing the notion of information asymmetry (IA), supplier quality assurance (SQA), and the ways of IA reduction.
KEYWORDS: Perfect market, information asymmetry,
E/E/65. Perfect market and information asymmetry (IA)
- WORDS:
- 1000
- DATE:
- 2006
- PRICE:
- 19.99 GBP
The paper examines the concepts of perfect market and information asymmetry (IA) reviewing related literature and discussing the methods of reducing information asymmetry and alleviating the problems caused by IA.
KEYWORDS: perfect, market, information, asymmetry, ia,
C/E/75. Microeconomic Analysis of J Sainsbury's Local store in Oxford Street
- WORDS:
- 1650
- DATE:
- 2005
- PRICE:
- 19.99 GBP
This report gives the analysis of Sainsbury's Local store in Oxford Street, and considers its performance from a microeconomics perspective, with emphasis given to the store's costs structure, competition levels, demand and supply sides, and price elasticity. The author also presents three economic problems faced by the store (supported by data) with the likely solutions and business strategies to overcome these problems.
KEYWORDS: microeconomic, sainsbury, local, store, oxford, street,
S/E/60. Prisoners Dilemma within ‘duopolic markets. With reference to examples with which you are familiar, evaluate the extent to which behaviour in duopoly markets can be explained by the prisoners dilemma game and assess the impact of repeating this
- WORDS:
- 2000
- DATE:
- 2005
- PRICE:
- 29.99 GBP
The paper looks at the popular model of Game Theory- The Prisoners Dilemma – and accesses its use in explaining the behaviour of the key players in a duopolic marketplace. An attempt has been made to observe real-world examples in various fields (technology to cola). While the actions and reactions of the firms may have evolved based on intuition and/or basic business principles, it is realised that the Prisoners Dilemma model succeeds in satisfactorily explaining the behaviour of the firms. This also implies that managers that have a basic knowledge of the Game Theory can possess a unique edge over their competitors.
KEYWORDS: prisoners, dilemma, â, duopolic, markets, reference, examples, familiar, evaluate, extent, behaviour, duopoly, markets, explained, prisoners, dilemma, game, assess, impact, repeating,
P/E/169. O2: Pricing Policy
- WORDS:
- 2400
- DATE:
- 2004
- PRICE:
- 29.99 GBP
The paper analyses the different mobile phone tariffs offered by the mobile phone Company O2
C/E/20. Using the examples of rent controls or agricultural price support policies (or both), discuss whether such government interventions in markets generally have the intended consequences.
- WORDS:
- 400
- DATE:
- 2003
- PRICE:
- 9.99 GBP
This paper discusses whether rent controls or agricultural price support policies (or both) have any impact on markets in general.
KEYWORDS: using, examples, rent, controls, agricultural, price, support, policies, or, both, discuss, government, interventions, markets, intended, consequences,
C/E/28 Economics and Leisure Tourism: Intercontinental Hotel
- WORDS:
- 1700
- DATE:
- 2003
- PRICE:
- 19.99 GBP
Conclusion Despite the Middle East crisis there is a huge potential, which is, however, not fully developed at the moment. The analysis of the financial statements of the company has shown that in the long-term perspective company might offer an outstanding market performance (Infotrac.galegroup.com). The longest since the Second World War, market had a devastating effect on the company's performance. Lack of investors' confidence has resulted in the current poor stock performance. This is justified by the losses that a Hotel division of the company has made over the previous year. Unfortunately, the management of the company seeks the remedy for the current problems in the restructuring and separation of the Group. The future structure, its new perspective potentials, and implications of the future company's strategy is not set yet.
KEYWORDS: economics, leisure, tourism, intercontinental, hotel,
C/E/34. 'BOTH HORIZONTAL AND VERTICAL BOUNDARIES OF FIRMS DIFFER ACROSS INDUSTRIES AND ACROSS FIRMS WITHIN THEM'. EXPLAIN AND DISCUSS THIS STATEMENT.
- WORDS:
- 2600
- DATE:
- 2003
- PRICE:
- 29.99 GBP
The production function of a firm and the legal environment in which it operates jointly determine both vertical and horizontal boundaries of a firm. These two major determinates aggregate a number of separate factors, variable across industries and firms within those industries. Therefore variation in the boundaries of firms both across and within industries is to be expected. Factors affecting the choice between vertical and market organisation may be aggregated into technical and agency efficiency. There are natural tradeoffs between the two, different across industries. Thus industries with larger volume of production and greater and greater complexity and specificity of their products are likely to be more vertically integrated than industries which operate with smaller quantities or simpler products. Evidence gathered on several American industries supports this hypothesis.
KEYWORDS: both, horizontal, vertical, boundaries, firms, industries, firms, them, explain, discuss, statement,
C/E/35. Industrial Economics. Discuss which of the theories of advertising imply a cause-and-effective relationship between advertising and prices explaining how it arises and whether it is a negative or a positive one. Also explain which, if any, theory
- WORDS:
- 2500
- DATE:
- 2003
- PRICE:
- 29.99 GBP
Conclusion Therefore a number of theories imply a causal relationship between advertisement and prices, both negative and positive and backed by a number of hypotheses. Also a number of theories about advertisement look at explaining variation in advertisement across different sectors and its relation to market concentration, and imply no direct causal relationship between advertisement and price. Instead, whatever relationship can be inferred from these theories is spurious.
KEYWORDS: industrial, economics, discuss, theories, advertising, imply, cause-and-effective, relationship, advertising, prices, explaining, arises, negative, positive, one, explain, which, any, theory,
C/E/36. Economics questions.
- WORDS:
- 1800
- DATE:
- 2003
- PRICE:
- 19.99 GBP
This paper consists of several questions, which was necessary to answer using graphs and diagrams: Explain, with diagrams, Price Elasticity of Demand. How can it be used by businesses? Explain, with diagrams: Maximum price legislation and Minimum price legislation, Using a diagram, briefly explain the income and substitution effects on Indifference Curve Analysis, Briefly explain Economies of Scale, Draw and give definition of the Short Run Cost Curves.
KEYWORDS: economics, questions,
P/E/138. What theoretical and econometric problems arise for economists when estimating the marginal returns to educational investments?
- WORDS:
- 1000
- DATE:
- 2003
- PRICE:
- 19.99 GBP
This essay analyses what theoretical and econometric problems arise for economists when estimating the marginal returns to educational investments.
KEYWORDS: theoretical, econometric, arise, economists, estimating, marginal, returns, educational, investments,
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