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Research Project Plan
Introduction to Impact of Technological Innovation
In the modern case, technological innovation and the economic growth of a nation are directly connected to each other. Technology has always played a vital role for change in a nation that has an economic impact. In this context, it is observed that innovation can lead to higher productivities that mean there is a greater output. It is observed that while producti…
Principles of Economics
Introduction to Toilet Paper During Covid-19 Pandemic
During the COVID 19 times, the toilet paper which was the regular commodity that was freely available in the market, with the low substitutes, suddenly experienced the surge in the demand. It has caused the people to overstock the toilet paper, due to the panic gripe state. Consecutively, with the low supply in the market and with the high demand for the toil…
Introductory Microeconomics
Contents
Introduction.
Main Analysis.
Conclusion:
References:
Introduction to Grocery Stores Sector Assessment
According to the Supermarket Survey of Australia, Aldi has been the best store as per the cost and money variant. Coles and Woolworths do not give any margin for bargaining or cost negotiation but as known for their 24*7 service (Amalia, 2018). It ought to be noticed that the more an …
Economic Principles
Australia’s Online Shoppers and E-Commerce Sector Rising During Lockdown
The article titled, “Australia’s online shoppers and E-commerce sector rising during lockdown” is printed in the mirage news dated 02 September, 2020. This article is a viewpoint of a microeconomic expert from Deakin Business School. During the time of global recession due to the spread of Covid-19 pandemic, the price conscio…
Economics and International Trade
Contents
Microeconomic Analysis.
Event/Product/Company Description.
Microeconomic Analysis (Part 1).
Industry Description and Market Structure Analysis.
Externalities.
Macroeconomic Analysis (Part 2) GDP and Unemployment
Fiscal Policy.
Monetary Policy.
Microeconomic Analysis
Event/Product/Company Description
(a) The COVID time was the major turn on the events, leading to the ca…
Economic Principles
After the outbreak of the COVID 19 virus, it is taking a longer time by Australia to attain economic recovery. The bitter aftermath involves high rising unemployment with a rise in government debt which had affected the global economy as a whole. Australia’s increasing integration into the East Asia economic community offsets the drag from the major advanced economies. However, the quarrel between the US and China and…
Global Trade and Markets
Table of Contents
Introduction and hypothesis.
Theory and literature review..
Analysis.
Conclusion and limitations.
References
Introduction and Hypothesis to Impact of Growth in Education Level
Introduction
Educated unemployment can be described as a modern phenomenon by which a highly educated person is unable to find suitable as well as efficient job for him or her. This is a challenging …
Policy Analysis of The Policy Undertaken by Australian Government During the Covid-19 Pandemic
The novel Covid-19 pandemic which was initiated from a live creature hawk in the city of Wuhan, China this year has conveyed the entire declined countries to an end (Shereen et al., 2020). Because of monstrous acceleration every day it is getting practically unreasonable for the contamination to check and to place a full interruption in its extended.…
Table of Contents
Introduction.
Answer 1.
Answer 2.
Answer 3.
Answer 4.
Conclusions.
References.
Introduction to Economics Cultural Safety
The safe culture environment is essential for the people for reducing the disparities and imbalances in society. There will be equity in the social system so that the people have a positive impact on interpersonal relations. The culture is different from the genetic process.
…
Introduction to Economics - Question 1
The equation for demand and supply functions are given as:
QD= 100 - 5P
QS= 5P
The market equilibrium price and quantity of widget corn can be determined by equating the demand and supply functions-
100 - 5P = 5P
10P = 100
P = 10
Q = 5*10 = 50
The market equilibrium price is $10 and the equilibrium quantity is 50 units.
Consumer surplus can be calculated as the area of t…
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