Demerits of Land Expropriation Without Compensation on Fiscal Policy Goal

Economic Growth According to an independent economic impact assessment of the proposal policy, Land expropriation without compensation in South Africa will lead to an imminent socio economic disaster if pursued, with an anticipated decline in the Gross Domestic Product which could possibly lead to a loss of a greater degree of jobs close to 2.28 […]

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The Division of Labor in Our Economy

How hard would it be for one man to live if he had to do everything himself (EconClips, 2017)? Probably really hard seeing that that one person would have to do everything from hunting his meals to making his clothing and creating his shelter from scratch. He wouldn’t get much else done seeing that he […]

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Trade War Between China and the United States

When it comes to recent major events that have been occurring over the past year that can relate to macroeconomics, the biggest one that comes to mind is the trade war between China and the United States.The trade war is a perfect example of how trade policy affects the economies of both China and the […]

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Economics: International Entrepreneurship

Business groups are critically important in many economics and with the rise of economics around the world, entrepreneurs also evolve by emerging to the international level which are to improve their own products or sales. Business groups also help drive globalization in many countries. Overseas exports by large Korean chaebol, for example, accounted for 53% […]

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Economic Growth and Development

Demographic transition is the phasing-out process whereby population growth rates goes from a stable or slow growing population as a result of high birth rates and low death rate, to a stage characterized by modernization associated with better public health delivery, higher incomes, healthier diets among other along with a significant reduction in mortality rates […]

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Types of Economic Systems

An economic system is a structure for allocating limited resources. There are three types of economic systems: capitalism, planned economies, and mixed economies. They all share similarities and differences. Capitalism, also known as a “private enterprise system” or a “free market system” is based on individual ownership, economic freedom, and equal competition (Kelly & William,2019, […]

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Causes of Unemployment Issue in Malaysia

Unemployment is an important issue for each country, particularly developing country with an incredible population. High unemployment implies that labour resources don’t seem to be being used efficiently. In consequence, financial condition ought to be a serious macroeconomic goal of government. This essential issue usually being enclosed within the government policy or agenda for parliament […]

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Moldova: Economic Status Report

Introduction Located in Eastern Europe between Romania and Ukraine, Moldova was founded in 1346 as part of Moldavia, a Romanian principality. In 1812 Moldova was ceded to the Soviet Union before gaining its independence in 1991. Due to the effects of sequent occupance, wars, and immigration, Moldova has become extremely diverse in language, architecture, and […]

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Macroeconomics of the U.S. and South Korea

Macroeconomics is particularly concerned with the national or international economy. The key macroeconomic indicators are inflation, interest rates, gross domestic product (GDP), and unemployment. These indicators give a picture of the economic status of a country and can be used in the decision-making process for would-be investors planning to enter the market. As the leading […]

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Macroeconomics Research Paper

Introduction There are a lot of aspects that come with the United States economy. This research paper will probe the solidity of the economy throughout the United States with the use of data, graphs, and statistics. Therefore particularly take a closer look at the gross domestic product, the trade in goods and services, employment and […]

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