Macroeconomics is concerned with the big economic issues involves the overall economic performance of the nation rather than whether one particular individual earns more or less than another. Each of these connections between the overall economy and the lives of individuals involves a central macroeconomic concept such as unemployment, inflation and economic growth. The basic […]
This essay will explain the economic, environmental and social impact of immigration on Australia and its role in the future prospects of the country. Studying the country for the group report and presentation we came across how important are the skilled immigrants as an addition to the labour force of Australia. Immigration is an interesting […]
A market may be of variety of different systems, institutions, stages, social relations, and infrastructural facilities whereby buyers and sellers trade, goods and services are exchanged, forming part of the economy, in other words market is any convenient set of arrangement whereby buyers and sellers communicate to exchange goods and services. The basic concept of […]
The automobile industry is considered a very complex and vital industry compared to others, this is because of the development process with each project. The U.S. has said to have the most open automotive market in the world. The automotive industry has been a part of every major U.S. trade development dating back since World […]
The imposing of Goods and Services Tax (GST) will replace the Malaysian service and sales tax. GST has been implemented in US, Singapore, Thailand and Japan where Malaysia’s GST will be charged four percent for buying and selling transactions. The basic necessities like sugar, flour, and oil are free from GST in Malaysia. GST is […]
Unemployment is one of the major social problems affecting many countries in the world, US being no exception. Unemployment, also referred to as joblessness, is a situation where people lack jobs yet are actively searching for work. The most affected, according to research, are the youths who find themselves idle for lack of jobs after […]
The informal economy defined to ‘include all economic units that are not regulated by the state and all economically active persons who do not receive social protection through their work’ (ILO 2002), is as perennial and ubiquitous as human society. Discourse on it however, came to light in the early seventies with various studies in […]
1. Introduction The following module explain the four factors of production and indicate how each can be optimize for the benefit of the economy in general and review the latest profile of South African foreign trade (import and export) is there a need for a change of this profile. What role the banking sector plays […]
Knowledge, innovation and Information and Communication Technology have had strong on many economic sectors, e.g. the informatics and communication, finance, and transportation sectors. The knowledge-based economy sets a new scene for education and new challenges and promises for the education sector. Education is a requirement of the knowledge-based economy, the production and use of new […]
Abstract Stress is purely a fact of nature to anyone in this world. Stress is the impact of forces from the outside or inside world heartwarming the individual (Dryden, 1996, p.52). Different individuals react to stress in ways that touch the individual, in addition to, their environment. This paper will seek to investigate how the […]
