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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 […]

Tourism in the Republic of Cyrus toward Sustainability

The Republic of Cyprus Tourism in the Republic of Cyprus, according to the World Tourism Organization’s overview, is the leading growth sector in the economy of Cyprus since 1980 and now constitutes the backbone of the Cyprus economy. The historic way passed by Cyprus left its mark in the form of a breathtaking combination of […]

Intermediate Economic Analysis

Price Discrimination or Differentiation Price discrimination is a mechanism for fixing different prices for similar goods and services by the same producer in a segmented market. Such price differentiation is only effective in markets where both the consumer and the producer or service provider have perfect knowledge about the market forces and conditions. This, therefore, […]

Unconventional Monetary Policies

During the financial crisis experienced recently, central banks all over the world assumed unconventional monetary measures to counter the crisis. In part, this was because several central governments lacked the ability to pursue the fiscal policy. The current essay looks at the unconventional monetary policies including their implementation through Quantitative Easing and the implications of […]

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 […]