'Economics, as called by the great British economist Alfred Marshall, is the study of "the ordinary business life". During the past three centuries, three economists stood out as archetypes, symbols of three distinct approaches to economic philosophy: Adam Smith, father of modern economics who advocated the notion of free market/trade and the "invisible hand guiding the individual"; Karl Marx, who opposed Smith and the capitalist system and believed that the pursuit of self- interest would lead to anarchy; and John Maynard Keynes, who advocated a mixed economy approac...

• Word Count: 1960
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

The Eurozone is a unique economic system made up of 17 nations with separate goals and different economies; allowing each country to issue its own bonds. ... If the Eurozone falls apart, Greece financial issues will have much to do with it. ... Also, Stergios Skaperdas, an economics professor from University of California Irvine, says most economists believe the best way for countries to regain economic success is to have their currency depreciate, and because the Euro represents 17 countries with varying degrees of economic success, it is unlikely that it will depreciate to the point that it ...

• Word Count: 1601
• Approx Pages: 6
• Grade Level: Undergraduate

Its main focus though was to help the poor. ... They also promised to help not just with cash and debt cancellation but also with technical assistance. ... In a joint statement, they committed the European Commission and OECD to working with member countries to strengthen the regulatory framework within which the world economy operates. ... Quantitative work undertaken in the Department of Economics at Trinity College suggests a broadly positive outcome, although there will be some losers from trade reform. ... The best way to assist them is to increase investment in research to help them to...

• Word Count: 1440
• Approx Pages: 6
• Grade Level: Undergraduate

This publication is an attempt to describe the implications for cooperation under the PCA and familiarize the reader with the political, legal and economic context of the agreement. ... The new paradigm that was shaped with the creation of the EU continues to evolve. ... In accordance with the strategy, the EU began a new era of accession with Hungary, Poland, Estonia, the Czech Republic and Slovenia, as the closest to satisfying the membership eligibility criteria and assisted Bulgaria, Latvia, Lithuania, Romania and Slovakia to meet these requirements. ... Instead, it should be understood as...

• Word Count: 6307
• Approx Pages: 25
• Grade Level: Undergraduate

The fact that we were bottom of the growth league in comparison with our neighbours suggests under-achievement in this interlude. ... Human capital investment certainly helps growth in a crucial way, and there is no dispute that in Ireland in recent years more young people graduated, more women entered the workforce and more emigrants returned home. ... Indeed in the 1970s and 1980s emigration of so many of those with third-level qualifications points to a waste of resources spent on education. ... Domestic interest rates fell steeply as investor confidence grew, thus starting off that rare oc...

• Word Count: 1917
• Approx Pages: 8
• Grade Level: Undergraduate

The fight for individual and human rights began by the working class with the rise of communism. ... For example, the Berlin Wall was built in 1961 with the purpose of keeping citizens of Berlin in Germany (Hansen 11/16/12). ... The introduction of more individual and human rights began with the collapse of European economy. ... Growing up in between both cultures, those with dual-nationalities were able to assimilate without losing their heritage. This shows that the problem with integration is the acceptance of others. ...

• Word Count: 2113
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate