Thursday, March 19, 2020

Master Thesis

Master Thesis Master Thesis Master Thesis This page contains information that should help you to define and select a suitable thesis. The important step of master thesis writing is motivation. You have to argue why the thesis topic is worth of investigation. Write what is already known and what your work can add to the existing knowledge. Master thesis should not be short! References and details should be included in the chapter Background. Don't forget to write a thesis statement or research question. The thesis statement will provide the focus on the essentials of your master thesis. The goal of the thesis writing is to produce some new knowledge. You should structure and identify an old problem, develop a new solution to it. It is not easy to produce a new result, task but it is your chance to explore a new area and demonstrate your profound research skills. Describe the contributions you will make through writing a thesis; explain what the added value it creates to the existing body of knowledge and practitioners. For in stance, you may create models, guidelines, methods, processes, test hypothesis, evaluate feasibility, etc. Present the main considerable research that you would like to build upon in your master thesis. Show which references or paradigms you plan to follow and why. Present the fundamental concepts that are needed, define the objectives and scope of your work. Write a paragraph on each and refer to existing literature. Describe how you plan to address the problems and reach your goals, how you plan to conduct the necessary literature survey. Write what is already known about the area and the problem you are investigating. While writing a thesis don't forget about outline which can greatly help you with master thesis writing. Thesis Proposal Writing a thesis proposal, define a research problem following the below format: Background of the research problem. Problem definition. Theoretical background. Procedure. Materials and support Project schedule Bibliography Background of the research problem tells the reader the actuality of the master thesis. Problem definition states a problem and describes the previous approaches and explains why your approach is more effective. Theoretical background gives theoretical information and review of some published literature that is relevant to the thesis proposal problem. Procedure explain the reader how you will approach the problem by providing a detailed information. Materials and support describes what materials, instruments and facilities you will need to carry out your research. List and briefly discuss them. Project task breakdown and schedule - prepare a task breakdown and schedule of your work. Bibliography lists the publications you have consulted while writing a master thesis. Custom Thesis Writing Help If you are not sure in your ability to produce a well-researched master thesis meeting all academic requirements, you are welcome to place an order at and we will write a good master thesis for you in accordance to the instruction you provide.   We guarantee timely delivery and instant feedback!   We employ only professional master thesis writers!

Tuesday, March 3, 2020

Examples of Supply in Economics

Examples of Supply in Economics Supply is defined as the total amount of a given product or service that is available for purchase at a set price. This core component of economics may seem vague, but you can find examples of supply in everyday life. Definition The law of supply states  that  assuming all else is held constant, the quantity supplied for a good rise as the price rises. In other words, the quantity demanded and the  price  is positively related. The relationship between supply and demand can be illustrated like this: Supply Demand Price Constant Rises Rises Constant Falls Falls Increases Constant Falls Decreases Constant Increases Economists   say supply is determined by several factors, including: Price Buyers want to pay as little as possible for a good or service, while producers want to maximize profit by charging as much as possible. When supply and demand are balanced, price tends to be stable Cost The less it costs to manufacture a good, the greater a producers profit margin when that good is marketed at a specific price point. As the cost of production decreases, the more product a manufacturer can produce. Competition Manufacturers may be compelled to lower the price of their goods in order to match the price of similar products offered by a competitor, thus lowering profits. Likewise, producers will seek the lowest price on raw materials, which can, in turn, affect suppliers. Supply and demand do fluctuate over time, and both producers and consumers can take advantage of this. For example, consider season  demand on clothing. In the summertime, the demand for swimsuits is very high. Producers, anticipating this, will ramp up production in the winter in order to meet demand as it increases from spring into summer. But if consumer demand is too high, the price on swimwear will rise because it will be in short supply. Likewise, in the fall retailers will begin clearing out excess inventory of swimsuits to make room for cold-weather clothing. Consumers will find prices reduced and save money, but their choices will be limited. Elements of Supply There are additional factors that economists say can affect supply and inventory. Specific quantity is the amount of a product that a retailer wants to sell at a given price is known as the quantity supplied. Typically a time period is also given when  describing quantity  supplied For example: When the price of an orange is 65 cents the quantity supplied is 300 oranges a week.If the price of copper falls from $1.75/lb to $1.65/lb, the quantity supplied by a mining company will fall from 45 tons a day to 42 tons a day. A supply schedule is a table which lists the possible prices for a good and service and the associated quantity supplied. The supply schedule for oranges could look (in part) as follows: 75 cents - 470 oranges a week70 cents - 400 oranges a week65 cents - 320 oranges a week60 cents - 200 oranges a week A supply curve is simply a supply schedule presented in graphical form. The standard presentation of a supply curve has price given on the Y-axis and quantity supplied on the X-axis. Price elasticity of supply represents how sensitive quantity supplied is to changes in price. Sources Investopedia staff. Law of Supply. Investopedia.com.McIntyre, Shawn. Economics for Beginners. Owlcation.com, 30 June 2016.