Economics Assignment Writing Service
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Students pursuing economics degree study individual and firms behavior to understand their decision making, concerning the distribution of scarce resources. UK degrees in economics cover both practical and theoretical approach in terms of research papers and conceptualizing questions. The subject isn’t limited to microeconomics and macroeconomics; it also takes in other core subjects such as international trade, financial economics, monetary economics, water policy and development, statistics and applied econometrics. Even if the student is cleared with subject concepts, it becomes hard to easily come up with accurate solution to numerical problem which is no less than a pain in neck.
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Concept of Economics: The study of economics deal with the production, distribution and consumption of goods and services. It covers the consumers’ behavior, demand and supply of goods, government intervention to use scarce resource in effective manner, business decision to allocation of resources. To summarize, it is used to satisfy the wants and needs of people. The economies are divided into 3 basic types which are:
Market economy: It is an economic system in which economic decisions as well as goods pricing are guided by interaction of business and individual citizen of the country. Countries which have this system are Mexico, United Kingdom, United States, Canada and Germany because the prices are set by demand and supply of goods. It is also known as free economy.
Centrally planned economy: It is also known as command economy in which there is a central authority like government that is responsible to take economic decision related to the manufacturing and distribution of goods. It promotes less inequality of wealth and almost everyone can afford to consume goods and services.
Mixed economy: This type of economy takes the characteristics of both the market and centrally planned economy. The government and private owned entities share control of owning, producing, selling and exchanging of goods in the country. The countries that have mixed economy are: Iceland (57%), Sweden (52%), India (27%), China (20%), United Kingdom (47.3%) and United States (38.9%)
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Economics itself is a vast subject that covers wide-ranging sub-disciplines. Our business economics assignment help writers are approached for assistance on problem solving questions, research that use software’s to test the data and below-mentioned areas.
Microeconomics: This type of economics deals with economic activities at small level that covers individual markets, effect on goods price, labor market, consumer behavior, and firm decisions regarding scarcity of resources and sustainable development.
Macroeconomics: This type of economics deals with economic activities at higher level that covers national productivity of the economy, whole economy (GDP), inflation, employment, aggregate demand, productive capacity of economy etc.
Managerial economics: It is the combination of management related planning and economic theory. This kind deals with the application of economic theories, concepts methodologies and tools to solve practical problems in business.
Game Theory: It is theoretical framework which is used for optimal decision making of competing and independent actors in strategic setting. It is done with the help of applied mathematics that gives tools to analyze situation by players.
Public economics: It is the study of government policy by the eyes of equity and economic efficiency. The topic deals with taxes for public, public expenditure, government policy, etc.
Business economics: It is also called as managerial economics which comes under applied economics that study financial, environment, organizational and market-related faced by the business.
Labor economics: It is a study that understands the relationship between and employees and workers, and dynamic of market to determine labor wages. It allows detecting the cause of discrimination, job market function and the impact of migration on employment, etc.
Advanced econometrics: It is the use of mathematical methods mainly statistics to describe economic systems, support economic model and prove economic theory.
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Students usually search for economics experts in various sub-disciplines as per the assignment complexities and guidelines. The economic assignment writers at Assignment Studio are qualified from top reputed institute in UK such as University of Cambridge, Imperial College of London, London School of economics and Political science, University of Warwick and more. The British writers cater students’ queries from all across UK at any hour of need. We provide economics writing assignments in London, Manchester, Birmingham, Leeds, Liverpool, Sheffield and many others. The writers have expertise in macroeconomics, macroeconomics, public finance and taxation, economic policy, international trade and exchange etc. We assign your work to the discipline specialist in order to get top-quality solution that eventually leads to finer results. We can be a one-stop destination as we deal with a wide range of tasks for all academic levels at best possible prices.
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