economics
International Business in Russia and South Korea
Introduction The success of a business firm depends on the marketing mix for the products and services. The four marketing mix includes product, price, place, and promotion. These variables would determine the growth rate of the company. Good managers utilize a marketing mix to promote the products manufactured by the company. Products This is the […]
Economic Analysis of the US Current State
Introduction The paper aims at giving information on the current state of the economy of the US. Some of the macroeconomic variables that will be reviewed are GDP, inflation, and unemployment rate. The paper will further discuss the state of recession and its possible impact on the state of Ohio. A summary of the trend […]
Economic Dimensions of Globalization
Introduction Changes in economic ideology as well as progress in technology have perpetuated increases in capital mobility between nations. The North now takes advantage of cheap labor and a favorable investment climate in the South. With the help of global financial institutions, it has been possible for elite nations to compel poor ones to assimilate […]
International Trade Benefits
Introduction With the world becoming a global village, every aspect of human life has also been integrated and trade has not been left behind either. The free movement of goods and services has been facilitated by the agreement between world economies; in the need and the benefits of promoting free international trade leading to trade […]
Macroeconomic Indicators: GDP, CPI, Unemployment, Interest Rates
Economic indicators are pieces of data that are used by investors to deduce the current and future investments in a business or organizations (Rosenberg, 2011). These indicators are usually categorized at macroeconomic level in order to assist in assessing the overall performance of an economy (McEachern, 2011). However, such data can differ among different investors […]
The US Subprime Mortgage Crisis
The History of subprime mortgages in the U.S Subprime mortgages are mortgage loans awarded to poorly qualified homebuyers. This practice dates back to the 90’s when lending institutions due to competition turned focus to serve low-income earners. This category of homebuyers was less attractive to many lenders and those who ventured into it usually charged […]
Immigration: Its Benefits for US Economy
Immigration is a complex issue that draws a lot of public attention in the USA. Americans have quite a specific view on this phenomenon. Furchtgott-Roth (2013) states that Americans oppose immigration, as they fear that immigrants can take up their jobs. Opponents of immigration emphasize the need to close borders and let the nation develop […]
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