Essays on Microeconomics

Essays on Microeconomics

We've found 5688 essays on Microeconomics

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Airline Industry Porter’s

There are five competing commercial airlines that have domestic and international routes. These are the airlines which are ranked according to their market share: Zebu Pacific, Philippine Airlines / Airfoil Express, Zest Airways, Sear, Spirit of Manila Airlines. The most influential analytical model for assessing …

Airline IndustryCompetitionIndustriesMicroeconomics
Words 576
Pages 3
Creating Customer Value: General Concept Questions

Chapter 5: Creating Customer Value, Satisfaction, and Loyalty GENERAL CONCEPT QUESTIONS Multiple Choice ________ are adept at building customer relationships, not just products; they are skilled in market engineering, not just product engineering. a. Profit-centered companies b. Customer-centered companies c. Production-centered companies d. Sales-centered companies …

CustomerMicroeconomics
Words 6995
Pages 26
Supply and Demand and Dell Laptops

1. 1 Origin of the report As a part of the ‘Principles of Microeconomics’ course, this report has been assigned to me by our respected Professor Dr. A. K. M. Saiful Majid as a term paper. The topic has been decided after consultation with our …

DellMicroeconomicsSalesSupply And Demand
Words 2489
Pages 10
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Broad Marketing Shifts and Emerging Themes

The traditional concept of marketing involved the “set of activities & techniques that organizations undertake in order to sell their product. ” (Kotler & Keller: Ch. 1, pp 3-11). In other words, marketing function was restricted to selling products. Over the years, the business & …

AdvertisingMarketingMicroeconomics
Words 836
Pages 4
Core Competencies of Ebay

eBay summarizes it’s core competency this way: “The benefit to consumers is clear: eBay provides an open trading platform where the market determines the value of items that are sold.” (eBay Inc.: A Short History)  The company’s core competencies are found in it’s technical platform …

EbayEssay ExamplesMicroeconomics
Words 303
Pages 2
Application of MIS in Marketing

Information is the basis for every decision taken in an organization. The efficiency of management depends upon the availability of regular and relevant information. Thus it is essential that an effective and efficient reporting system be developed as part of accounting system. The main object …

MarketingMicroeconomics
Words 886
Pages 4
Developing a Sports Export Company

01. Is Sports Exports Company a multinational corporation? Answer: Multinational corporations (MNCs) are defined as firms that engage in some form of international business. As the Sports Export Company sells it products to foreign countries & face to global environment. So, the Sports Exports Company is …

CompanyExportMicroeconomicsRetail
Words 648
Pages 3
Pharmasim SWOT Analysis

SWOT Analysis: Company Alistair is one of the leading companies in the ETC cold and allergy remedy market with the second highest sales in the industry the previous year. Its Alluring product is the market leader in cold and allergy relief segments. Alluring is a …

AdvertisingMicroeconomicsSwot Analysis
Words 1988
Pages 8
Pillsbury Cookie Challenge

What consumers should Pillsbury target? Pillsbury should target Scratch Users segment which is 61% as compared to 49% in US. They have almost 24% as refrigerated users, when we go through the qualitative research which suggests the following: Product should be easy, quick, practical, affordable …

BrandMarketingMicroeconomics
Words 412
Pages 2
Dove Marketing

Selection Of The Product The Product chosen by me is Dove Company is Hindustan Unilever Limited (HUL) Company Profile HUL is India’s largest FMCG Company with a span of over 75 years. Having 35 brands spanning 20 distinct categories such as soaps, shampoos, detergents, cosmetics, …

MarketingMicroeconomicsUnilever
Words 1511
Pages 6
Case Study Nivea

Case Study #8: NIVEA NIVEA, one of the largest skin and face care brands in the world, was established in 1912 and introduced to the German markets. Germany has long been a center for skin care and cosmetics, and NIVEA was the leader and has …

AdvertisingCase StudyMicroeconomics
Words 877
Pages 4
Red Bull’s Overall Global Marketing Strategy

Q1. How will you characterize Red Bull’s overall global marketing strategy? Red Bull has built an image as a trendy energy drink, catering to young adults and young professionals between the age groups of (16-29) years. It also targets young club-goers and private parties in …

MicroeconomicsRed Bull
Words 1140
Pages 5
Supply and Demand and Cell Phones

Damita Nix 1/15/2012 CTU Online ECON202-1201B Phase 1 Individual Project1 Instructor Olanrewaju Abstract This paper will explore the world of two particular types of cell phones that are identical with minor features. I will be demonstrating skills in using the tools of economics for decision …

Cell PhoneMicroeconomicsSupply And DemandTax
Words 592
Pages 3
Opportunity and Issue Analysis

Competition has been a major issue and concern for most of the organizations who are not well planned in their strategies and goal setting. Moreover since with the evolution of many dot-com companies taking a greater port in firms, companies could also try to deal …

Essay ExamplesInternetMicroeconomics
Words 425
Pages 2
Strategy Process of Amazon

By utilizing the SWOT analysis above and Porter’s five forces (1985) from assignment 2 I can determine which of Porter’s generic strategies will be best suited to helping Amazon be a successful organisation.By placing amazon.com on Porter’s generic strategy model we can see that they …

AmazonMicroeconomics
Words 1483
Pages 6
Caferoma Case Study

Caferoma is a well known brand of coffee, promoted as an exclusive product with a strong and slightly bitter taste. The main problem is Caferoma’s market share has declined by almost 30%. Let me Summarise the reasons for this change Consumers have become less loyal …

AdvertisingCase StudyMicroeconomics
Words 582
Pages 3
Video Case – Supply Chain Management at Regal Marine

VIDEO CASE: SUPPLY-CHAIN MANAGEMENT AT REGAL MARINE 1. What other techniques might Regal Marine use to improve supply chain management? Answer: The other techniques might Regal Marine uses to improve supply change management are as follows: * Allowing the supplier to become part of the …

MicroeconomicsSupply Chain Management
Words 410
Pages 2
The A La Carte Pricing Strategy by Airlines

The concept of a la carte pricing has been used in the transportation industry for some while. There have been great stories of the success of this pricing method in some American businesses, but also the policies have failed in others such as the people …

MicroeconomicsStrategy
Words 2246
Pages 9
Market Structure of King, Kentucky-Fried Chicken, and Sonic

These restaurants top the list because of their rapid growth throughout several countries around the world. Out of the top five restaurants, one well-known organization called McDonald’s tops the chart. McDonald’s market structure was decided upon for several reasons, and it differentiates from the other …

Market StructureMicroeconomicsMonopolyOligopoly
Words 1276
Pages 5
Micro-Economic Impacts on Tesco Plc

In this essay we are going to evaluate the micro economic factors on the activities and performance of Tesco. Tesco Plc (2011) states, that the retail industry is a highly competitive environment. Tesco competes with a wide variety of retailers of varying sizes and faces …

MicroeconomicsRetailSalesTesco
Words 83
Pages 1
IKEA and Ashley Furniture Industries

Introduction For most ambitious companies in today’s complex business environment, gaining competitive advantage and achieving expansion in capacity often requires internationalizing operations and entering new markets with the goal of building a broader and more diversified customer base. However, internationalization typically presents the problem of …

AdvertisingFurnitureMicroeconomics
Words 4006
Pages 15
Sorzal Distributros: SWOT analysis

Sorzal Distributors is a firm of importing and distributing South American and African artifacts. This firm is a major source of authentic jewelry and pottery from southwestern Indian. SWOT analysis is use to analysis this case Strengths Exclusive supplier of artifacts Sorzal obtains the strong …

MicroeconomicsSwot Analysis
Words 458
Pages 2
Banyan Tree Branding the Intangible

Banyan Tree Hotels and Resorts had become a leading player in the luxury resorts and spa market in Asia. As part of its growth strategy, Banyan Tree had launched new brands and brand extensions that included resorts, spas, retail outlets, and even museum shops. Now, …

AdvertisingBanyan TreeMicroeconomics
Words 2212
Pages 9
Market Structure of Dell

For example, there are differences between Dells laptops and Acre’s laptop In the feature, style and functions. Besides, Dell competes with other firms through advertising their products rather than cutting their prices. Through advertisement, Dell’s products will be differentiated with other firms. Another way by …

DellMarket StructureMicroeconomics
Words 330
Pages 2
Reaction Paper of Finance

LI,MINGJIE(JACKSON) Reaction paper In last time, we study chapter 5 to chapter 10, these chapter I have some review. In the chapter 5 I learn what is utility and what is marginal utility. The equimarginal principle: the fundamental condition of maximum satisfaction or utility is …

FinanceMicroeconomicsMonopoly
Words 408
Pages 2
Strategic Management of Haigh’s Chocolate

Table of Contents 1. Executive Summary1 2. Current Situation3 3. External Environment4 3. 1 Macro Environment4 3. 2 Porter’s Five Forces Model of Competition8 4. Internal Analysis10 Strength10 Weaknesses14 5. Strategic Factor Analysis Summary (SFAS)17 6. Current strategic21 6. 1 Business-level strategic21 6. 2 Functional-level …

ChocolateManufacturingMicroeconomicsStrategic Management
Words 9323
Pages 34
Essay about International Marketing

INTRODUCTION TO THE REPORT & THEME The basic objective of this report is to study about the Global market opportunities for Kandos chocolates & prepare a Strategy to capture it. I would like to take this opportunity to gratefully the Chairman & Board of Directors …

ChocolateMarketingMicroeconomics
Words 3227
Pages 12
Portfolio Analysis of Square

Case Study: Portfolio Analysis of Square Toiletries Limited Prepared by: Fatin Khandoker Ashraful Hassan Ashik Towhida Tasnim Rukhsar Sanjaree Nawaz Jafrin Ahmed Adiba Square is a well-renowned brand in Bangladesh. It provides a wide range of markets with various products and services. It operates various …

FinanceInvestmentMicroeconomics
Words 623
Pages 3
Acer’s Expansion Strategy: Building a Strong Brand Image in China for Global Growth

From the beginning, Acer had been a component and equipment manufacturer for relabeled electronic products marketed and sold by recognized global companies. Along with the booming of the PC industry, came the need to produce PC components faster, cheaper and more efficiently. When a company …

Case StudyDellMicroeconomics
Words 70
Pages 1
Porters 5 forces for Flipkart

Threat of New Entrants : Industry seems to have very high potential but is at its nascent stage. Lots of scope of growth in the future Many small players might enter to explore the market High capital investment is required as it is still in …

CompetitionE-commerceEssay ExamplesMicroeconomics
Words 68
Pages 1
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Find extra essay topics on Essays on Microeconomics by our writers.

Microeconomics is a branch of mainstream economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.
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Topics

Common topics are supply and demand, elasticity, opportunity cost, market equilibrium, forms of competition, and profit maximization. Microeconomics should not be confused with macroeconomics, which is the study of economy-wide things such as growth, inflation, and unemployment.


Focus

Microeconomics focuses on supply and demand and other forces that determine price levels in the economy. It takes a bottom-up approach to analyzing the economy. In other words, microeconomics tries to understand human choices, decisions, and the allocation of resources.


Principles

Microeconomics uses a set of fundamental principles to make predictions about how individuals behave in certain situations involving economic or financial transactions. These principles include the law of supply and demand, opportunity costs, and utility maximization. Microeconomics also applies to businesses.


Microeconomics books

  • Principles of Macroeconomics
  • Microeconomic theory
  • The Cartoon Introduct...
  • Intermediate Microeconomics: With Cal...
  • Microeconomic Theory: Basic Pri...

Frequently asked questions

What is micro economics essay?
Micro economics is the study of how people use resources to produce goods and services. It focuses on the decisions that people make about what to produce, how to produce it, and how to distribute it. Micro economics also looks at the factors that affect the production and distribution of goods and services, such as the price of inputs and the demand for products.
How do you write a microeconomics essay?
When writing a microeconomics essay, you will want to focus on the economic concepts and theories that are relevant to your topic. You will want to make sure that your essay is well-organized and clearly written so that your reader can follow your argument. Make sure to support your claims with evidence from economic research and data.
What is the summary of microeconomics?
Microeconomics is the study of how individuals and firms make decisions regarding the allocation of scarce resources. It focuses on the behavior of small units, such as firms and households, and how they interact with each other in markets.Microeconomic analysis typically begins with the assumption of perfect competition, which is a model of the market in which there are many small buyers and sellers, and each has a relatively small impact on the market price. From there, microeconomics studies how market participants make decisions, how those decisions interact, and how markets function.The goal of microeconomics is to understand the behavior of economic agents and to use that knowledge to make better decisions. For example, microeconomic analysis can be used to understand how firms set prices, how consumers choose between different products, or how different market structures impact the efficiency of the market.
What is microeconomics in your own words?
Microeconomics is the study of how people use and exchange goods and services to satisfy their needs and wants. It focuses on the behavior of individual consumers and businesses, and how they interact in markets.Microeconomics examines the choices that people make to allocate their limited resources, and how these choices affect the prices of goods and services in the marketplace. It also looks at the factors that influence these choices, such as income, wealth, and tastes. Microeconomics is a important tool for understanding how the economy works, and how government policies can affect economic outcomes. It can also help businesses make better decisions about pricing, production, and other strategic decisions.

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