Economics : Page - 6

Reasons for rising property prices in Sydney and MelbourneQuestion:Discuss about the Business Economics Rationale for Increased House Price. It has been seen that the home process in the capital cities of Australia has increased by 10.9% in 2016, which is observed as the highest in compare to what was achieved in 2009. It has been further seen that Melbourne and Sydney has been able to witness highest price inflation with 13.7% and 15.5%. The es...

Background of McDonald'sQuestion:Write a Report on Pricing Stategy of your Choosen Company.Economic analysis is quite important in pertaining the prising strategies that are to be associated by a firm. It helps the firms to arrive at the proper execution of strategies, thereby maintaining their business in the market. The pricing  strategies associated to a firm depend upon its competitive market. The magnitude of competitiveness in the mar...

Reasons behind high housing pricesQuestion:Discuss about the Economics for High Housing Pricing.Notably, Melbourne and Sydney have recorded high housing pricing as compared to other areas in Australia. Currently, housing affordability in Sydney and Melbourne is not affordable for some of the Australian population. Also, the housing prices in these two places are considered overpriced thus deterring potential new house owners in these a...

Reduced GrowthWhat is the Economics Analysis of a Project? Japan’s economic performance has been fluctuating over the past few years. The last three years have seen the Bank of Japan (BOJ) ramp up stimulus programs with the aim of ending the recurring deflation, increasing investments, enhancing consumer spending and increasing the wage rates in the country. However, the misguidance of investors by government data have been a majo...

Critical Overview of the Queensland Prawn MarketDiscuss about the Economic Impact of WSD Outbreak. Australian Prawn market plays a significant role in the economy as well as society of Australia. The current outbreak of White Spot Disease (WSD) has immensely affected the prawn market. Millions of prawns have been dumped in three days due to the sudden crisis of WSD. Moreover, the government has been forced to ban the import of green pra...

Minimum Wage Legislation in AustraliaDiscuss about the Pros and Cons of Minimum Wages. Most federal governments set a minimum wage legislation to protect workers in the labor market. Typically, a minimum wage refers to a worker’s base pay per hour. Often, this base pay is set above the market equilibrium pay rate. Thus, employers are expected to pay its workforce a wage above the equilibrium pay rate. In Australia, the federal gov...

Stage of DevelopmentDiscuss about the Analysis of the Kenyan Economy. Over the past years, the Kenyan economy has been experiencing constant growth. Today, the country has the largest economy in East Africa. By and large, this growth is attributed to the nation’s well-educated labor force and its access a vital port that serves as an export and import terminal for the East and Central African community. In addition, the nation has...

AnalysisDiscuss about the Oligopoly Market Structure in Australia. All the markets in the world are comprised of four market structures; the perfect competition, oligopoly, monopoly and monopolistic. This paper will cover the oligopolistic market structures in Australia and will be useful in determining the outstanding features of these markets. An oligopoly market is one where the sellers are many but there exist some few giants that do...

Analysis of ProductionDiscuss about the Macroeconomics Calculate GDP Growth Rate. France is one of the strongest economies in Europe and also the world as whole. It has a mixed economy with both private and state enterprise being of a substantial amount and is also characterised by a significant amount of state intervention. It is the second largest economy in Europe, second only to Germany, and contributes about one fifth to the Euro A...

Factors that contribute to Australia's economic growthDiscuss about the Australia’s Economic Growth. Australia’s Economic Growth After two long decades of continuous economic growth, low inflation, a vibrant financial system, and reduced government debt, Australia entered 2016 facing a range of constraints. By and large, the reduced growth was predominantly driven by a sharp decline in the global prices of the economy&rsquo...

Current scenario of micro and small enterprises in the Kingdom of Saudi ArabiaDiscuss about the Strategies for Small and Medium Enterprises. The Kingdom of Saudi Arabia’s banking sector enjoys a substantial potential growth opportunity regarding micro and small enterprises. The economy of KSA contributes over 90 percent of all the registered enterprises besides sixty percent of the total employment. These figures are drawn from ...

Three sources of comparative advantage for KuwaitDiscuss about the Environmental and Economic Implications. In the economic context the theory of comparative advantage is concerned with the gains derived from the trade for an individuals, countries or firms which arises from the differences in their factor endowments and technological progress. Under the economic framework, economic models usually possess comparative advantage over th...

Economic OverviewDiscuss about the Legal and Regulatory Issues for GDP Growth. With the global slowdown and decreased pace of growth of developed nations, emerging economies are now being considered as the popular destinations for setting up and expanding business to earn sustainable profits. As a result, China is looked upon as the economic powerhouse by global firm for investment purposes. Even the expected GDP growth rate of...

Key Macroeconomic Issues faced by Singapore GovernmentDiscuss about the Singapore Productivity Growth Sluggish. This essay outlines the different macroeconomic events that are impacting and generating challenges for Singapore’s economy. With regard to this, slow global growth, aging population and looming US rate hike have impact on the economy. The essay comes as the restructuring agenda in Singapore’s economy. Furthermore,...

Impact of sharing economy on the traditional hotel industryDiscuss about the Interventions and Policy Instruments for Sustainable. The objective of this report is to analyse the concept of sharing economy and its impact on traditional hotel industry. In order to contextualise the analysis, Switzerland has been taken as the case study. Sharing economy is an emerging concept in economic discussion. In the era of globalisation and economic...

GDP of Australia and ChinaDiscuss about the Comparison of GDP Between Australia and China. The Gross Domestic Product presents the market value of the total goods and services produced by a country within a given time period. It helps to analyse the current economic position of an economy. It can be seen through analysis that Australia is one of the developed countries of the world with a good economic position and real GDP value (Hunt,...

Question: Discuss about the Report for Economics for Managers of Independent National Economy.   Answer: 1. (a) Globalization is the process that helps a national economy to become more incorporated as well as interdependent with another national economy. Globalization has been a continuing process for centuries. Globalization can also be usefully be imagined as a procedure that exemplifies a transformation in the spatial organization...

AnalysisDiscuss about the Economics for Business of Quality Business Product. Product differentiation is a concept used by producers of the market where there are many buyers and sellers and where the producers indulge in producing similar type of product. The producers use different methods to make the goods produced more attractive rather than price. The methods can be in form of advertisement, improving quality, discounts and attractiv...

What is Production Possibility Curve (PPC)?Describe about the Production Possibility Curve or Production Possibility. 1. Production Possibility Curve or Production Possibility Frontier (PPF) shows the possible combinations of production of two goods. It is a graphical representation of an economy’s output, which shows the efficient use of resources available in the economy. The assumptions for creating a PPF are: there are two goods...

Analysis of Monopolistic CompetitionDiscuss about the Economics for Business for In any Market Structure. In any market structure, an appropriate once-off expenditure on product differentiation will guarantee the firm’s ability to maximize economic profit into the future. The main aim of this part of the assignment is to discuss whether the expenditure on product differentiation guarantees firms ability to maximize profit in futu...

Reasons for the variation in the growth ratesDescribe about the Business Economics for the Terms of GDP Growth Rate. Table: GDP growth rate of India and Australia YEAR AUSTRALIA GDP GROWTH RATE (%) INDIA GDP GROWTH RATE (%) 2006 3.0% 9.3% 2007 3.8% 8.6% 2008 3.7% 3.9% 2009 1.8% 8.5% 2010 2.0 % 10.3 % 2011 2.4 % ...

Types and sources of product differentiationDiscuss about the Economics Solutions for Product Differentiation. Product differentiation is the general marketing of products by creating minor variations from other products which are used by customers while making a choice. In economics or marketing, product differentiation is utilized in distinguishing a specific product from another which may be functionally same, but the differentiation h...

Marketing Strategy AnalysisDiscuss about the Competitive Marketing for Activities and Strategy Analysis. In the current competitive market, it is important for any company to keep a regular watch on the marketing activities of its rivals. Considering the marketing activities of the competitors is necessary to build a highly competitive strategy that will help the organisation to seek competitive advantage in the market  (Rosenbloom...

Product Differentiation and Market StructuresDiscuss about the Products Differentiation and Wage Rates. There are four types of markets structure. It is important for the investor to understand each and every of these structures before making investment decisions. The four structures include; competitive market, monopolistic markets, oligopoly markets and the monopoly. While in some like the competitive markets, the influence on price...

Forms of Market Structure and Pricing StrategiesDiscuss about the Reflective Analysis for Disruption and Public Policy. Production refers to the transformation of an input into a desirable service or product (output), through the addition of economic value. It can take three major forms, depending on technique (Kalirajan & Obwona, 2014). The first type is through separation, which takes the raw materials and extracts or separates ...