Economics Essays

Introduction According to Energy Information Administration (EIA) (2022) estimations, the gas prices in the US will continue to increase due to lower-than-average gas inventories resulting…

The Inflation Reduction Act (IRA) of 2022 changed a wide range of tax policies. Ideally, the act allows the United States to address issues related…

Introduction Recession can be defined depending on Shiskin’s rules of thumb, or the National Bureau of Economic Research (NBER) definition. They both consider recession to…

Introduction Recession imposes significant hardship with a high increase in the unemployment rate, shifts in financial markets, and related dislocations as a result of the…

The United States is currently experiencing higher fears of inflation. Parkin (2017) defines inflation as the increase in the aggregate price level and aggregation from…

The prices of commodities in an economy fluctuate from time to time. While the prices of some commodities are more volatile than others, they all…

Economists use the word inflation to mean the progressive increase in the price levels estimated in money units. The inflation rate also referred to as…

Brexit alludes to the UK’s withdrawal from the European Union after voting in the June 2016 referendum. Since then, it has created possibilities such as…

The Russian-Ukraine conflict has adverse effects globally. Ukraine and Russia are incurring high costs and losses from the war. Russia launched its invasion of Ukraine…

Introduction On the 24th of February 2022, Russia invaded Ukraine, escalating the war between the two countries since 2014. It is estimated that in the…

A war between two countries significantly affects international relations and world affairs. Precisely, it triggers the unique ties between nations and matters that deal with…

Introduction Sanctions are the economic punishment the United States and other nations have levelled on Russia because of its actions in Ukraine. The argument over…

Introduction Covid-19 is a human tragedy that has affected hundreds of thousands of people. Moreover, it has hugely and continues to impact the global economy…

Introduction Covid-19 led to the most significant reductions in trade and output volumes resulting in a global trade plunge but recovered sharply in 2021 (OECD,…

Introduction Central banks in various countries are institutions tasked with controlling and supervising the monetary policies. Some of the general functions of a central bank…

One of the sources that education funds come from is the federal government. In the US, the federal government contributes a percentage less that to…

Cleaning up down South: Supermarkets, ethical trade, and African horticulture is an article written by Freidberg and published in the social and cultural geography journal…

The American Revolution, which helped America gain independence and fight against the British Crown, happened because of a remarkable series of historical events. We will…

This paper seeks to explore a comparison between the European Union (EU) and the Eurasian Union, popularly known as the Eurasian Economic Union (EAEU). The…

Motivation is defined by Tanner (2013), as a drive that makes an individual get what he or she needs. The hierarchy of needs put forward…