economics

Problems by Command 1. Information collection 2. Principal-agent 3. Disagreement among multiple decision-makers. Arrows’ impossibility theorem. Paradox of voting. 4. Enforcement Coordination by Market Princes as signals of scarcity/abundance Induces coordination Requires much less info No enforcement costs No principal-agent problem No problem with multiple decision makers Qualification: some command systems exist within a market […]

Watching the three main actors of the market, H&M, Zara, and Caroll, we saw that Caroll had a problem of positioning within the French market: Caroll was a little bit more expensive and customers were not making any difference of quality between Caroll and its competitors. Then, it is obvious to say that women preferred […]

As early as 2006, contraction in the housing market was already felt. “The Federal Reserve has responded to the unfolding situation by acting to improve the access of depository institutions to liquidity and by easing the stance of monetary policy substantially” (Kohn, 2008). Discount rate is “the interest rate charged to commercial banks and other […]

Macroeconomics refers to issues which influence a countries growth in terms of effecting positive impact. Microeconomic stability refers to the situation where by a country’s economic conditions are favorable and therefore conditions are conducive for growth. Population growth is often portrayed as causing poverty and environmental degradation, and thus population control is seen as a […]

Advancing technology has created more opportunities for fraud. Computer use leaves everyone vulnerable to fraud, including telemarketing fraud, identity theft, and health care scams. What Is Economic Crime? Economic Crimes can be defined as the intentional use of deceit to deprive another of money, property or a legal right. Economic crimes fall broadly into the […]

Market segmentation is defined as a company which are trying to divide the market into different parts according to its distinct needs,resources,locations and buying attitudes. It have four main tpoics:segmenting consumer markets,business markets,international markets and requirements for effective segmentation. I think the most interesting part of market segmentation is consumer markets segmentation. Different consumers have […]

Iran is a country which is currently going through a stage of metamorphosis. It could be said that Iran’s political and economic landscape is changing and hopefully for the better. The previous President Mahout Maidenhead was a political hardliner and a staunch critic of the Western Powers whereas Hosannas Reunion, the newly elected President is […]