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Car Trade between Germany and the USA

America is one of the main trading partners of Germany in the automobile industry. Since the bilateral trade of cars increases with a rise in the economic and market size, positive economic growth of individual nations strongly affects the automobile business relationship between them. For instance, German carmaker Mercedes-Benz was a pioneer in exporting cars […]


The following paper aims to explore the different microeconomic concepts in the article entitled, ‘making Tesla.’ The specific concepts which have been identified in this article and hence shall be explored includes retail markup, barriers to entry, cost and benefit analysis, technology, and supply and demand. This paper has the aim of establishing whether Tesla’s […]

Effects of Marxism Worldwide

Marxism is a system of economic, social and political philosophy grounded on ideas that view social transformation regarding economic aspects. The core principle lies on the fact that the means of production is the economic base that determines political life. Marxism purposes at occupying a ground of equanimity between the rich and the poor by […]

Automobile Industry

The automobile industry is one of the most developing markets in the world. In the period between 2000 and 2012, 52 million cars were sold globally, while during 2015, this number was more than 72 million. Due to the globalization and increasing competition, automobile sales continue to grow fast. The growth occurs because of the […]

Discussion on the New OPEC Deal to Oil and Gas Prices as well as Flight Cost

The article discusses the effects of the new OPEC deal on gas prices as well as the transportation sector tool.  Tuttle (2016) wrote the article on  September 29 this, retrieved on  October 20, 2016 from the website, and published by the Wall Street Journal. The article explores the impact of the OPEC deal on gas […]

The History of Money

One of the important attributes of any society is economic relations and their component, money. At the dawn of the development of human race, people were satisfied with producing resources for personal consumption. However, it was impossible to avoid interaction between the small groups and tribes, and soon they started exchanging products for labor and […]

Donald Trump Economic Racism Effects

Donald Trump was recently elected the President of America; however, his election has been crowded with anxiety and disbelief. There have been numerous speculations regarding the future economic path that the United States, and, to some extent, the rest of the world will take when Trump officially assumes the office, given the platforms of his […]

Joseph Schumpeter

Joseph Schumpeter (1883-1950) is one of the most prominent sociologists and economists of the last century. He invented the original theory of economic development and made a profound impact on modern sociology and economics. A significant contribution of his work is a dynamic development model, into which institutional and social factors are successfully “built”. According […]

Long-Term Investment Decisions

It is worth mentioning that long-term investment decisions should be based on analyzing external and internal factors that affect the company’s activity. In addition, government policy and its regulations may significantly influence the firm’s operations and investment policy. The long-term investment decisions are quite related to demand elasticity, the government’s actions, and the interests of […]

Technicolor Corporate Strategy

Associations are confronting numerous challenges in the 21st century. The globalized companies require strategic thinking and evolving suitable corporate strategies, which would help them enhance their business processes. A sustainable or reasonable advantage is possible when a firm executes a value-creating plan, which other companies cannot duplicate or find it too costly to initiate. The […]