Microeconomics Essays

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192 essay samples found
Most popular essay topics on Microeconomics prepared by our experts:

Are School Uniforms a Good Idea?

As stated in a Forbes article, an average American family spends an estimated $1,700 on clothing every year, nearly 3.5% of of their total expenses (Johnson 1). Purchasing school uniforms can potentially save parents large sums of money as they would need to be purchased on a less often basis than normal clothing. A study […]

Pages: 3 Words: 1018 Topics: American Education, Microeconomics, School Uniforms

The Microeconomics Behind America’s Organ Trade

The United States of America is said to be the land of equal opportunity for all its citizens, but if people are dying while waiting for an organ donor that might not ever show up, how can we expect them to benefit from that promise? There is a shortage in organ donors across America, and […]

Pages: 5 Words: 1536 Topics: Microeconomics
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International Trade in Microeconomics

What is international trade? International trade is “The practice, in a market economy, in which individuals provide goods and services to others and receive goods and services in return.” (Microeconomics textbook G-8). One controversial topic that is relevant today dealing with international trade is Trump hitting China with tariffs. Trump has tried to negotiate with […]

Pages: 7 Words: 2030 Topics: Microeconomics

Microeconomics of Starbucks

Coffee has become an increasingly important beverage for everyday lifestyle over the years. According to Allegra World Coffee Portal’s 2019 Project Caf© USA Report, the US coffee market has increased in volume by 3.8% over the last 12 months, with growth set to continue. Forbes reported that 46% of coffee was consumed outside of the […]

Pages: 4 Words: 1310 Topics: Microeconomics

Developing Persuasive Business Messages

Introduction Product selection is defined as the process where a number of criteria are followed are taken into consideration through identification, reviewing and the selection of the new commodity regardless of their limits towards the quality and safety. In this essay I will describe to the president about selection of the new and why I […]

Pages: 5 Words: 1458 Topics: Communication, Economy, Market, Microeconomics

Microeconomics of Broadway Theatre

Broadway has gone through many different business models in order to make an attempt to maximize revenue. “The average price set – which is different than the average price paid was about $55 the best price to maximize revenue would be about $60.” Broadway has the difficult task of appealing to all economic classes because […]

Pages: 4 Words: 1272 Topics: Microeconomics

Profitability of Broadway Theatre

Broadway is one of the biggest attractions in New York City, New York. It is one of the biggest sole income generators of the city, but it is also one of the biggest spenders as well. Broadway Theatre has been through several economic models to try to make its revenue as large as possible to […]

Pages: 1 Words: 318 Topics: Microeconomics

Perfect Competition and a Monopoly

The two market structures of Perfect Competition and a Monopoly have many differences, in essence being the opposite of one another. Perfect competition is a theoretical market structure in which the following criteria are met: all firms sell an identical product, all firms are price takers, meaning they cannot influence the market price of their […]

Pages: 1 Words: 379 Topics: Microeconomics

Aim of Digital Communication Plan: “The Agency in Sydney”

Introduction The Agency is a digital real-estate agency that provides real-estate solutions to both property owners and property buyers. It provides an online platform where buyers can view and make inquiries about the property with the ultimate goal being a sale. Their digital communication is effective because it is clear, well-outlined and concise. The content […]

Pages: 1 Words: 290 Topics: Communication, Economy, Market, Microeconomics

Walmart’s Mission Statement and Vision Statement

Walmart is one of the leading retailers around the globe operating with more than 11,000 stores in over 25 nations (Hunt, Watts & Bryant, 2018). The company was established in 1962 and has achieved significant success due to its effective business strategy (Hunt, Watts & Bryant, 2018). Walmart operates both physical and online stores to […]

Pages: 4 Words: 1275 Topics: Competition, Economy, Market, Microeconomics, Retail, Strategic Management, Walmart

Use Economic Theory

 The objective of this essay is to analyse and discuss the potential effects of a minimum pricing strategy on the alcoholic beverage industry. It will focus on three main economic agents: consumers, producers and the government. In doing so, the essay will first provide a definition on minimum pricing and its purpose in the economy, […]

Pages: 5 Words: 1637 Topics: Demand, Economy, Market, Microeconomics, Minimum Wage, Price Elasticity Of Demand, Supply And Demand

A Perfect Competition

When determining if there really is such a thing as perfect competition, there are five main things to look for. First, all firms must sell an identical product. Second, all firms should be price takers. Third, every seller has a small market share and can not influence the market price substantially. Next, buyers and sellers […]

Pages: 4 Words: 1236 Topics: Microeconomics

Human Resources Question – ECCO A/S – Global Value Chain Management

ECCO is a leading Denmark based shoe manufacturers. The organization has been committed to delivering and distributing high quality shoes across the globe. However, the company has focused on producing high performance brands but neglected the marketing aspect. In an age where competitive advantage is the key to corporate success, it is imperative that ECCO […]

Pages: 4 Words: 1063 Topics: Economy, Leadership, Market, Microeconomics, Strategic Management, Value Chain

Analysing Information and Data for Problem Solving

As per the above graphs, it is notable that high profit is achieved when the CDs are sold through the website and the post. Also, there is a considerable profit once the CDs are distributed at venues where Jonnie was playing live at specific venues. This means that Tribute Ltd should majorly focus on increasing […]

Pages: 3 Words: 994 Topics: Economy, Market, Microeconomics

Impact of Leadership Behavior on Employees

Abstract: It is stated that after all argues statements Patagonia leads the designing and sport equipment world by adopting both traditional and nontraditional approaches with total quality management and value creation. Patagonia is consistent and sustainable in their quality and products that why it became success to build trustworthy long term relation with their employees […]

Pages: 4 Words: 1265 Topics: Behavior, Economy, Market, Microeconomics, Value Proposition

Tour Operations Management Assignment

Introduction Travel and tour industry is rapidly growing as well as rendering support to the economy of the country. Travel and tourism are considered as the main contributor of the economic treasuries. Because of this, they always get funding from their government. Thomas Cook group is a Tour agency which was formed by both Thomas […]

Pages: 4 Words: 1349 Topics: Customer Service, Economy, Market, Market Segmentation, Microeconomics, Pricing, Strategic Management

Cross-Cultural Management Issue

Cross-cultural management focusses on studying the behavior of individuals from different cultures working together in an organizational setting. It deals with traditional behavioral issues in a workplace such as motivation, leadership, communication, and decision making (Velo, 2011), thus concentrating more on the micro-level study of people within an organization rather than the macro-level study of […]

Pages: 12 Words: 3469 Topics: Brand, Economy, Market, Microeconomics, Organization, Retail

Using the Global Integration – Local Responsiveness Framework

Introduction According to D. Siluh (2011) multi-domestic strategy can be defined as a strategy where companies try to achieve maximum local responsiveness by modifying both the product they offer and the marketing strategy they use to match different national conditions. Or product markets that initially serves local customers preferences and the functional requirements therein may […]

Pages: 4 Words: 1137 Topics: Brand, Economy, Entrepreneurship, Innovation, Market, Microeconomics

Competitive Advantage

>Strategic Elements of Competitive Advantage IKEA  IKEA confront competitors such as supermarkets (Wal-Mart) and other furniture co. they focused on 3 areas for improvement: product assortment, customer service and product availability. Prices are affordable to almost everyone; colors blue and yellow are Sweden national colors; customers see the furniture in showrooms and with names instead […]

Pages: 4 Words: 1234 Topics: Competition, Competitive Advantage, Economy, Market, Microeconomics, Strategic Management

Macroeconomics is Defined

Macroeconomics is defined as the branch of economics that studies large scale economic phenomena, particularly inflation, unemployment, and economic growth. The prefix macro means large, indicates that it has something to do with the larger side of economics. The main problems in macroeconomics include: unemployment causes, inflation, and the living standards changes. Many people think […]

Pages: 2 Words: 509 Topics: Economy, Interest, Macroeconomics, Microeconomics, Money, Unemployment

Nostalgia Marketing

In the marketing field, professional use numerous strategies to ensure they create and implement effective and among them include nostalgia marketing. By definition, nostalgia marketing evokes pleasant memories that a target group or a person had in the past. However, a person doesn’t have to be part of the memory being advertised. For instance, a […]

Pages: 1 Words: 283 Topics: Communication, Customer Service, Economy, Market, Microeconomics

Jones Blair Case Study with Swot

Jones – Blair Case Analysis Davenport University Case Recap Jones Blair company is a privately held company that produces and markets architectural paint under the Jones Blair brand name. In addition to producing a full line of architectural coatings, the company also sells paint sundries although they are not manufactured by Jones Blair. Sales for […]

Pages: 5 Words: 1591 Topics: Brand, Coffee, Economy, Market, Microeconomics, Retail, Study, SWOT Analysis

American Airlines Dynamic Pricing

EXECUTIVE SUMMARY Revenue management is a proven technique to help service industries maximize revenue. It involves management of inventory and distribution channels and prices to maximize profits over the long run. Simply stating the technique involves selling the right product to the right customer at the right time at the right price. The following are […]

Pages: 7 Words: 2238 Topics: Demand, Economy, Market, Microeconomics, Pricing

Business Strategy of Amazon: a Summary

|Bangalore Management Academy | |Business Strategy – Case Study 2 | |Amazon. Com | Submitted to: Mr. Nirmaalya. B. Biswas Dr. Amrita Saxena Submitted by: Jainie Jose BLR0906032007 Clareena Shafali Serrao BLR0906032032 Prashant Adhangle BLR0906032026 A. R. Sidhardha BLR0906032009 Contents Summary of the Amazon Case:3 Business Model:4 Strength:4 Weakness:5 Threats:5 Opportunities:5 Customer Focus:5 Means to […]

Pages: 6 Words: 1754 Topics: Amazon, Economy, Market, Microeconomics, Retail

Business BFTA Travel

1.0 Executive Summary May 31, 2009 marks the grand opening of Business and Fun Travel Agency (BFTA) and will strive to be the primary travel agent to service people in the Central North America, specifically the Pine Bluff, Arkansas area. BFTA’s potential success relies on the annual growth in the travel industry. Further, the Pine […]

Pages: 7 Words: 2006 Topics: Economy, Market, Microeconomics, Target Audience, Target Market, Travel

Marketing Strategy Report for NEXT PLC

Marketing Strategy Report for NEXT PLC 1. Introduction In the following report the marketing strategies of Next PLC, a British based clothing and home products retailer will be researched and analysed before recommendations for possible improvements are provided. This report will analyse the company marketing strategy by assessing the marketing mix or the “4 Ps” […]

Pages: 8 Words: 2283 Topics: Brand, Market, Microeconomics, Pricing, Retail, Shopping, Target Market

Are the Seven P’s Really Mutually Dependent

Are The Seven P’s Really Mutually Dependent? The marketing mix is a very simple concept, widely accepted as being of high utility in the management of the marketing function. Critically discuss the interrelationships between the seven P s of the services marketing mix. Are the seven P s really mutually dependent as some observers would […]

Pages: 8 Words: 2496 Topics: Economy, Market, Marketing Mix, Microeconomics, Pricing, Retail

To what Extent are the Stock Markets Overvalued?

Introduction Stock markets are considered to be among the most preferred investment platforms by investors, as they generate a high return on investment (Fong, 2014). There are many underlying reasons for this high return, one of which may be the valuation of the financial commodities traded in the stock market (Chang, 2005). Some financial analysts […]

Pages: 9 Words: 2794 Topics: Corporate Finance, Economy, Investment, Market, Microeconomics, Money, Stock Market

Implications in Supermarkets Example for Free

Introduction In hypercompetitive industries (D’Aveni 2010) such as characterised by the present UK supermarket retail sector where competitive rules are changing fast with disruptive business models from new entrants like Aldi and Lidl (Savage 2014) continuing to pressure the market share of hitherto brand leaders like Tesco and Asda; brand differentiation can be an effective […]

Pages: 8 Words: 2476 Topics: Brand Equity, Brand, Competitive Advantage, Economy, Market, Microeconomics

Why People Blame Cds for Recent Financial Crisis Finance Essay

This briefing paper provides background on the derivatives markets and their role in the financial crisis, evaluates aspects of the main reform proposals and whether or not these reforms should be implemented. One of the least understood but potentially among the more damaging factors contributing to the crisis in global financial markets is an asset […]

Pages: 15 Words: 4400 Topics: Business Law, Economy, Financial Markets, Investment, Market, Microeconomics, Money
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