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

Abstract Neocolonialism is a strategy employed by the developed countries to indirectly control less-developing nations or a strategy practiced by countries to express power over…

Introduction The Great Depression was a period from 1929 to 1941, during which a significant part of the US economy crashed, and many of the…

Statement of the problem Transitional justice refers to a series of measures that are both judicial and non-judicial in addressing human rights issues and abuses….

Introduction The geographical distribution of poverty around the world is dynamic and has been greatly affected by global phenomena like the world’s financial market. The…

Introduction Gender pay gap is a significant problem of discrimination all over the world. Women are subjected to lower pay scales even though they are…

Robert Gilpin has played a significant role in the development of the hegemonic stability theory and this is based on his opposition to the balance…

If one were to look at illegal immigration as an international problem, world events, such as the displacement of Syrians due to the war in…