Economics For Business: Article Analysis Paper

813 words - 3 pages

When times are good everyone trusts the word of the chairman of the Federal Reserve. During the boom of the beginning of this decade the word of Alan Greenspan was golden. The old adage "if it aint broke, don't fix it" seemed to apply to the reappointment of Alan Greenspan at each election season. Even when a democratic president left office, he was reappointed by the incoming Republican president rather than being replaced by a republican counterpart. Alan Greenspan controlled the economy during the booming 90's into the declining economy of the early 00's. His term from 1987 to 2006 is truly unprecedented. He had his finger on the pulse of the economy from the beginnings of the dot-com boom into the post 9-11 world. He maintained most of his control of the economy implementing his practice of "inflation targeting".Inflation targeting is a monetary policy tool in which Greenspan would attempt to control the rate of inflation. The Federal Reserve would release to the public a predicted rate of inflation which would be best to grow the economy at a steady rate. If the rate of inflation was growing too quickly, the Federal Reserve would raise the short-term interest rates. This raise in short-term interest rates would control the money supply or Aggregate Supply of Funding. This would conceivably slow the economy and the rate of inflation.This tactic would be reversed if the economy was growing to slowly or was in recession. The Federal Reserve would then lower short-term rates thus increasing the availability of money. There are complex formulas which seem to solidify these monetary policies but not everyone agrees that they are effective.From my own experiences I remember being unemployed during the collapse of the dot-com bubble. I remember praying for my family that the economy would strengthen and we would find a way out from the fallout.I have many friends who either moved in with family, or moved out of state during that time because finding a job was next to impossible. I was able to pull my family through by changing my line of work for a time. My wife and I both worked in IT at the time, and were both laid off at the same time. With my wife pregnant, and us both being out of work our only option was to choose another career path. We were able switch professions quickly and enter Real Estate, which was profitable at the time of the Information Technology down turn. This was a...

Find Another Essay On Economics For Business: Article Analysis Paper

Economics For Business. Essay

3101 words - 12 pages exchange markets is similar to a weather report in that both assign a probability to the occurrence of an identified market or climatic change. In today’s global economy, companies use the forecasting services to reduce their foreign exchange risks due to the currency price fluctuations and to get up to date information anytime. It is a crucial factor for the success for any companies doing business especially in the auto industry. However

Foreign Exchange and Economics For Business

1813 words - 7 pages Economics for Business The Euro is the common currency of the European Monetary Union (EMU). The national currencies of the participating countries were replaced with Euro coins and bills on January 1, 2002. The countries that participate in the Euro Monetary Union (EMU) are Belgium, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal, and Finland ( These

E-Business Analysis Paper

6616 words - 26 pages en conjunto. En e-business las herramientas de mercadeo son utilizadas para poder desarrollar un buen potencial de crecimiento económico en una empresa ya sea B2B o B2C. Hay que mencionar que si son utilizadas incorrectamente estas herramientas en una página Web puede llegar a ser un verdadero dolor de cabeza y verse afectado el negocio.Borders Publicidad virtual se refiere a la publicidad hecha a través de la Internet por

Area of Study Guidelines for Business Management and Economics

1396 words - 6 pages I will pursue a Bachelor’s Degree of Science in Business Management and Economics with a concentration in Accounting. Completion of these studies at Empire State College will allow me to achieve my personal and professional goals without compromising my life’s responsibilities. The goals that I have planned for myself are quite common. The main goal is to achieve the self-confidence and self-satisfaction derived from becoming an educated

Risk Analysis Paper Global Business Strategies MGT

2463 words - 10 pages IntroductionFisher Price is a one of the world's best companies for selling and manufacturing toys for children. As large an organization as Fisher Price, there will always be risks! Since there are risks, analyzing the organization will assist in what potential liabilities exist. A SWOTT analysis will illustrate strength and weaknesses of Fisher Price, what it does and the type of market they cater to. The SWOTT analysis will also describe

Supply and Demand – Good Life Property Management ECO 360, Economics for Business I

1333 words - 5 pages , and the effect that each concept has on the outcome of the decision.The Property Manager of Goodlife Management, with assistance from the experts was able to make good business decisions based on the economic conditions, preferences, and expectations of the citizens of Atlantis.ReferenceUniversity of Phoenix. (2007). Applying Supply and Demand Concepts. Retrieved October 19, 2007, from University of Phoenix, rEsource Web Site Economics for Business I, Simulation.

Business Analysis for LAN Chile Airline.

1298 words - 5 pages success. With slack demand in the domestic market, the company's strategy has focused on international flights that account for 85 percent of revenue.Let's carry out an analysis using the Strong points and risks framework helps us to focus on what are the strong points and risks for LanChile' strategy:2.1. Strong points:a).Mission:Management of LAN Chile's has set up a very clear mission.b).Ownership:Ownership was simplification. LAN Chile had

Hypothesis Identification Article Analysis - Identifies the hypotheses used to validate a business research study.

981 words - 4 pages Hypothesis Identification Article AnalysisIn today's zero-defect business environments, companies must select effective, informed decision makers for key decisions. Michael C. Jensen and William H. Meckling (1992) challenge this corporate maxim. They argue that the best decision maker is the person with the best incentives to make successful decisions, even if companies realigning their decision making processes spend more in communication costs

Customer-Driven Quality Paper: Accenture Business Services for Utilities

1645 words - 7 pages does not realize this activity only focus on its quantity but neglect its quality. The driver of this objective is the service agreement between ABS-U and BC Hydro.TeamworkAccenture Business Services for Utilities has a very friendly and united environment. All the co-workers are very cohesive and willing to help each other. For example, when call volumes are down agents lend a helping hand in processing the paper work that comes in by fax or by

‘Ten Principles to Aid the Quest for Peace in the Middle East’ - Article Analysis

1180 words - 5 pages Introduction The article, ‘Ten Principles to Aid the Quest for Peace in the Middle East’ was given by Jonathan Rietman in which he concentrated on key areas and issue that should be addressed to resolve the conflicts between Israel and Palestine. This article gives some assumptions and ten principles of negotiations that can be led a comprehensive settlement between these countries. By considering the issues of 11th September 2001, the

Analysis of Howard Zinn's Argument in his Article Dying for the Government

1383 words - 6 pages Analysis of Howard Zinn's Argument in his Article "Dying for the Government" In June of 2003, Howard Zinn’s “Dying for the Government” was published in “The Progressive” newspaper. He discusses the government’s claim to military victory in Iraq, and he believes that many innocent people have died for an unjust cause in that war. His claim is that soldiers died for their government, not their country. An important part of his argument is

Similar Essays

Economics An Overview: Article Analysis

1402 words - 6 pages In business it is essential for owners to consider important factors when mapping out their business objectives. Economics used as a tool to solve coordination problems. They include what and how much product to produce, how to produce their product, and for whom they are producing. In order to effectively answer these questions, economics is used. Colander (2006) describes economics as “the study of how human beings coordinate their wants and

Analysis Of A News Article On Economics

1935 words - 8 pages States (Norris, 2011). Inflation affects every American on a day-to-day basis, when they go to purchase goods or services and the price has increased. The Principle of the consumer price index plays an important role in economics and the article. The third macroeconomic index in the article was the two measures of the money stock for the United States economy. In the most basic measure, currency is included along with demand deposit

This Is An Article Analysis For An Economics Class. Examines The Us Economy And Inflation.

627 words - 3 pages If someone earns a sum of money, and saves it rather than spends it, then, in no way can a person be losing wealth if not for inflation, which prompts the prices of all goods and services to rise. One may see this as a trend among businesses to maximize their profits. In reality, the root cause of the problem is not with businesspeople, but the Federal Reserve System continuously adding more money into the economy. The article I have chosen to

Economics For Business Essay

4129 words - 17 pages home building industry has been doing so well is the availability of lower mortgage rates. Forecasters predict over the next 18 months that the housing market will slow down for the remainder of 2005. "The UCLA analysis predicts housing starts, now running about 2 million units annually, are outpacing demand and will start to decline late this year, slowing to a 1.6 million rate by the middle of 2006" (Kirchoff, 2005).According to the PAR Economic