Essays on Finance

As we argue the difference between marginal product and marginal cost in this essay lets quickly look at the definition of this two words. According to “the marginal product of labour refers to the number of products a company can manufacture if it hires more...

There is disunity in the research community what kinds of low interest rates have an effect on the softening of lending standards. Some researchers suggest that both short-term and long-term low interest rates in combination with financial innovation and weak supervision lead to the softening...

In the aftermath of the cyber-attack, JP Morgan Chase confirmed that 76 million households and 7 million small businesses were impacted by said breach (Roman, 2014). These details came to light in October 2014 when a certain form was submitted by the bank to the...

 On the 14th of February 2019 (Valentine’s day to some of you), the tech community was enthralled to receive news of JP Morgan Chase’s official release of its digital currency, the JP Morgan coin. According to official report from the company, “JP Morgan Coin is...

The traditional role of the central banks before the financial crisis can be generalized in three main functional and objectives roles. The first one is to keep price stabilization, concern to the financial regime in contemporary operation, as an example the gold standard, a pegged...

Banks offer many services but most of them are related to credit, for example, business loans, checking accounts, payment services, cash management. Banks act as brokers between supply and demand of securities, and they transform short-term deposits into medium- and long-term credits. One of the...

Waste is being generated by the human societies since ancient times. Ironically waste was not a problem for the environment when men were primitive and uncivilized. Waste is a problem of the modern civilized society. Materials used and waste generated by the traditional societies were...

In the world of economics, economists try their best to research and apply the models and the theories in a real-life situation. There are many models and methods that economists develop and build to make the model or theory more accurate so they can apply...

“Economist discovers miracle hangover: drink less” article introduces a new method to cure a hangover by economics. Jessica Irvine provides an example of Chris, how he makes a decision between drinking another schooner or going back home by comparing the opportunity cost and marginal benefits...

I’d like to address a few issues regarding Australia’s approach to foreign aid; specifically, it’s budget and the direction that Australia is focusing its support on. Whilst I am just a mere student, it is my opinion that Australia can benefit more by increasing the...