Essays Tagged: "economic decisions"

A World Without Accounting. What the world would be like if we did not have accounting in our lives

nother. Accounting is a system for identifying, reading, measuring, and interpreting the results of economic activities. Accounting is not only used in the business world but rather it is used by ever ... relevant information to users such as creditors, government, investors, and decision makers to make economic decisions. These decisions concern the allocation and use of scarce economic resources such ...

(2 pages) 508 14 3.6 Nov/2002

Subjects: Businesss Research Papers > Accounting

Economic Systems: Past, Present and Future.

IntroductionThe Understanding Economics textbook defines an economic system as, "the organisation of an economy, which represents ... an economy, which represents a country's distinct set of social customs, political institutions and economic practices". In this report I will discuss two of the worlds' leading economic systems, Capi ... he worlds' leading economic systems, Capitalism and Communism. As well, I will discuss our Nation's economic system, the mixed economy. I plan to research the three elements stated by the textbook for ...

(11 pages) 589 1 3.5 Apr/2003

Subjects: Social Science Essays > Economics > Economic History

Economics Theory and Crime. Why do criminals commit crime. Why is law enforcement failing in the war on drugs.

Economics Theory and CrimeThe purpose of this article is to show that economic theory can be used an ... pposedly, criminals are rational people and decide to commit crimes the same way normal people make economic decisions. It's just a simple analysis of choices "among the alternative combinations of co ... aws don't need to make it impossible for people to commit crimes, they need to make it unprofitable.Economic analysis can also be used to "help us understand organized crime." Often the media and thos ...

(2 pages) 193 1 4.8 Nov/2003

Subjects: Social Science Essays > Economics

Do the achievements of the Soviet state, 1945-65, demonstrate the effectiveness of a centrally planned economy?

wer, the USA, will help a conclusion to be reached.A centrally planned economy "is one in which all economic decisions are taken by a central authority" where private ownership is minimal. This is opp ... claims that the USSR was the dominant superpower. However, more important than this I feel were the economic and social achievements. Aldcroft, in 'The European Economy 1914-1980, claims that during t ...

(4 pages) 58 0 3.7 Jan/2004

Subjects: History Term Papers > European History

Comparative Politics of India and Pakistan Economy

ponse to demands from Islamic nationalists. Since their independence, India has had overall greater economic success. By comparing the economic decisions each country made from the time of their indep ... on and basic living amenities. The Nehru government, faced with these problems, was anxious to seek economic development. To a new country forming with an already weak economy, urbanization, moderniza ...

(9 pages) 161 1 4.3 Feb/2004

Subjects: Social Science Essays > Political Science

Economics, market economies, government in economies, comparison of different economies. Pretty good detail, includes relevant 2004 examples... mostly about Australia but relevant to anyone

How Economies DifferThe Market EconomyIntroduction;Pure Market economy- all economic decisions made by individuals and private firms who are both motivated by self interest. Ak ... ning Capital and means of production get very rich, and those who do not get very poor, large socio-economic divisions.Today there are no examples of pure market economies in the world.Centrally Plann ... examples of pure market economies in the world.Centrally Planned economy- government planners make economic decisions, little scope for individual choice to influence economy.Centrally planned econom ...

(8 pages) 156 0 5.0 Jun/2005

Subjects: Social Science Essays > Economics


ions spawned many philosophies; the most prominent being capitalism and socialism. Capitalism is an economic system in which the nations economic decisions are the result of individual decisions by bu ... etween classes. Once elected in 1981, Ronald Reagan cut income taxes by 25%. The tax cut was a huge economic step to the right, and for the poorest people, this meant a savings of about $400. By contr ...

(5 pages) 65 0 5.0 Aug/2005

Subjects: Social Science Essays > Political Science

The usefulness and Limitations of the corporate annual report, illustrating your answer by reference to one company's most recent 'Annual Report' and 'Annual Review' Documents.

nancial matters of the company. The report proposes to provide information that is useful in making economic decisions; it also assesses the companies' performance and outlook into future prospects. H ... nual Report can be seen as of importance.Reference List:Haslam, C., Neale, A, & Johal, S (2000) Economics in a Business context 3rd ed. London Thompson LearningJ. R Dyson (2004) Accounting for non ...

(6 pages) 109 0 0.0 Nov/2005

Subjects: Businesss Research Papers > Management

Women and Early American Economy

"market economy" as Winifred Barr Rothenberg has framed it - is represented as a story of labor and economic decisions made only by men, but during and after the war women had no choice but to become ...

(3 pages) 23 0 3.0 Aug/2006

Subjects: History Term Papers > North American History

Macroeconomic Forecast

IntroductionThe economic situation differs from country to country because of the differences in populations, geogra ... ion, within one country, there are always a number of regions that differ from one another by their economic performance. What does the future hold? This is the question the government, economists, in ... e question the government, economists, investors and public all would like to know the answer. Macroeconomics is the study of the behavior of the economy as a whole. This is different from microeconom ...

(8 pages) 358 0 4.0 Nov/2006

Subjects: Social Science Essays > Economics

Describe financial reporting and discuss how it is miused.

to the wide range of users for assessing the stewardship of the entity's management and for making economic decisions.'To be 'useful,' this information must be 'represented faithfully, should be comp ... to protect investors from investing in non transparent companies and that management with its high economic knowledge of the finance of the firms should not have the full discretion in how the financ ...

(5 pages) 255 1 3.4 Nov/2006

Subjects: Businesss Research Papers > Accounting

Carbon Emission Trading

ice trading history ���Why free markets are efficient?What are free markets?In economic terms, "free market" is defined as "an economy where all economic decisions are taken by in ... the EU. Overestimating does not help in reaching the Kyoto agreements.ReferencesJohn Sloman (2000), Economics, Fourth edition, Prentice Hall, Harlow.Parkin, Powell and Matthews (2005). Economics, Sixt ...

(10 pages) 73 0 4.0 Apr/2007

Subjects: Science Essays > Environmental Science

Expectations Within Macroeconomics

tion. Whatever people expect to happen, their actions will tend to make it happen. At the time that economic agents-households, firms, the government make choices, they are generally uncertain about t ... mptions about how these agents form expectations for the future shape the properties of any dynamic economic model. Great debates have gone on among economists and psychologists in recent years over t ...

(7 pages) 53 0 0.0 Apr/2001

Subjects: Businesss Research Papers

Laissez-faire vs. Government Intervention

Less government intervention in economic affairs means more economic freedom and prosperity. In other words, when people are free to ... e concept of Laissez-faire is that economies function more efficiently when people can pursue their economic activities and interests freely. Laissez-faire opposes governmental regulation and interven ... ny other forms of trade restrictions. They also consider limited government interference in private economic decisions such as pricing and production of goods and/or services as very beneficial, becau ...

(5 pages) 57 0 5.0 Jan/2008

Subjects: Social Science Essays > Political Science > Political Theory

Economy of Sweden

was the second highest after Denmark.Sweden is classified as an advanced mixed market economy. Most economic decisions are made by the private sector, but government intervention still exists. Up unti ... he country's major trading partners include:GermanyUSANorwayUKDenmarkFinlandFranceNetherlandsBelgiumEconomic IndicatorsEconomic GrowthSweden has had consistent growths of 3-5% in their GDP (gross dome ...

(6 pages) 10 0 0.0 Apr/2009

Subjects: Social Science Essays > Economics > Foreign & International Economics

Effects of Manipulative Accounting Practices

ments typically assume that financial statements are presented fairly and thus rely on them to make economic decisions. This is not always the case as preparers of financial statements can be persuade ... counting or earnings management and as we have seen in recent years this practice can have enormous economic consequences and greatly impact accounting standards.In the past decade there have been a n ...

(10 pages) 72 0 4.0 May/2009

Subjects: Businesss Research Papers > Accounting

Financial Statement Paper

The purpose of accounting is to provide the information that is needed to make civilized economic decisions. According to Ismail (2002) "Accounting is the process of tracking and analyzing ...

(3 pages) 110 0 0.0 Jun/2009

Subjects: Businesss Research Papers > Accounting

Economic Decision Making

We are faced with economic decisions every day. Whether consciously or subconsciously there is a thought process invol ... ok for alternatives and we gauge what the marginal benefits would be if certain decisions are made. Economic decisions are made by both young and old alike. A ten year old girl will weigh the benefits ... ng style.There are four basic principles of individual decision making. According to "Principles of Economics" (2007) these four basic principles are:1.People face trade-offs2.The cost of something is ...

(3 pages) 48 0 0.0 Oct/2009

Subjects: Businesss Research Papers > Management

Review on Final Programmatic Environmental Impact Statement for Seagrass Restoration in the Florida Keys National Marine Sanctuary

the role of the oceans, coasts, and atmosphere in the global ecosystem to make the best social and economic decisions.” (Lubchenco)The Florida Department of Environmental Protection (FLDEP) is t ... s in Monroe County, FL making it even more unlikely to come in contact with any harmful toxins.Socioeconomic and Quality of LifeA basic description of the region of influence, economic activity, and d ...

(10 pages) 9 0 0.0 Nov/2009

Subjects: Science Essays > Environmental Science


companies in England, Mexico, or elsewhere?RelevanceInformation is relevant when it influences the economic decisions of users by helping them evaluate past, present, and future or by confirming or c ... riality. Information has the quality of relevance when it is 'capable of making a difference in the economic decisions of users by helping them evaluate the effect of past and present events on future ...

(6 pages) 22 0 0.0 Jan/2010

Subjects: Businesss Research Papers > Accounting