Economic Environment & Public Affairs
The Logistics of the Roman Grain Trade: Details and … AH1-002-I
Goes over the logistics of the Roman grain trade in a language that is accessible to the non-specialist. It explains how grain was transported across the Roman Empire and covers the challenges of doing this. It also explains who the key people were who played a role in the grain trade and how it was financed. It is intended to uncover many of the managerial difficulties implied in such a task back then and what it means for management nowadays.Academic Area:Organisational Behaviour | Economic Environment & Public Affairs | Operations & Supply Chain Management | Others
African Parks: An NGO in action saving Africa´s wild … EC1-127-I
This case focuses on one of the thorniest problems of the 21st century, which is how to save wilderness and ecosystems at a time when the countries where they are concentrated in are immersed in a rapid development process and resource hunger around the world is stronger than ever. The NGO that is analyzed in the case, a South African-based NGO called African Parks, has developed an innovative approach to preserving natural spaces and species that combines private, charitable finance and efficient private management with local government cooperation. African Parks now spans seven countries in sub-Saharan Africa and sees its task as preserving the iconic ecosystems of the continent from destruction. The case poses critical questions about: how to solve the “tragedy of the commons” while promoting local development; how private managers can address social issues, especially through the PPP (Public-Private Partnership) formula; and how the unique traits of NGOs make them ideal partners to tackle problems that the free market does not easily solve, in cooperation with governments and the private sector.Academic Area:Economic Environment & Public Affairs
Case Study: Cost Theory and Market Structures EC1-137-I
This case presents students with exercises to put into practice economic concepts such as market structures, elasticity, supply and demand curves. Students are asked to calculate cost and revenues values, and then use these values to construct market structure models. It is a useful case to use in introductory economics courses because of its practical nature.Academic Area:Economic Environment & Public Affairs
Spain Case Study EC1-001-I-M
This interactive case describes the main problems of the Spanish economy between 1973 and 2010 setting the context for students to analyze the solutions provided by the different governments in power. It includes significant multimedia materials (photographs audio clips of speeches and interviews newspaper headlines graphs and tables) and related texts. There are also interactive graph which can be created based on students’ choices enabling them in this way to compare key economic indexes at specific times.Academic Area:Economic Environment & Public Affairs
Japan 2010: The lost years EC1-122-I
This case takes a look at the events that led up to the bursting of Japan’s stock-market bubble in 2010. It begins by describing the economic situation in Japan in the 1980s at the start of the crisis, delving into the appreciation of the yen, loss of competitiveness, low interest rates, the over-valuation of the stock market leading to inflation and the upward trend in the unemployment rate. It emphasizes that there were twenty years of poor political leadership where the political party changed frequently. The case outlines the government in Japan during the nineties and includes a detailed description of how each prime minister’s actions affected the economy. Then in 2001, seeking economic recovery, Koizumi’s government launched a comprehensive plan of reforms based on solving the problem of bad debts, establishing a stable financial system and defining seven programs of structural reform. When Koizumi left office, the economic situation was unstable and between 2006 and 2009, up to three different prime ministers occupied the post. Between 2007 and 2009, stimulus packages implemented by the government caused public debt as a percentage of Japan’s GDP to increase nearly 55 percent. This led the Bank of Japan to take emergency measures. In 2009, Hatoyama came into power, ending the Koizumi era. The government then had their chance to put an end to the “lost years.”Academic Area:Economic Environment & Public Affairs
Production costs, revenues and profits in perfect co … EC1-136-I
The objective of this short case is to familiarize students with what it is like to do business at the base of the pyramid; and to use a practical situation to review the concepts of fixed and variable costs, implicit and explicit costs, and accounting profit vs economic profit. Students are also asked to reflect on the implications of operating in a perfectly competitive market, and to offer suggestions from market structure theory for a firm like the one described here, that would enable it to break out of its inevitable zero-profit equilibrium and move toward economic profits in the long run.Academic Area:Economic Environment & Public Affairs
World Oil Prices EC1-115-I-M
This case is designed to introduce students to the basic tools of supply and demand and to observe and predict how they operate in a real market that is constantly grabbing headlines: the global petroleum market. The analysis of this interactive multimedia case is based around those events that have affected the price of oil from 1970 to 2013.
Students will be presented with a series of historical events that affected the price of oil on the world market. They study each of these and then predict the effects on price by shifting the curves on the traditional supply and demand model.
The World Oil Prices interactive exercise has been used successfully across a range of masters programs, from Masters in Management through to MBA and executive programs. The material would be suitable for both undergraduate and postgraduate economics courses, once the initial supply and demand theory has been grasped.Academic Area:Economic Environment & Public Affairs
The United States Economy EC1-108-I-M
This multimedia case considers the development of the U.S. Economy up until 2005 detailing its achievements and shortfalls. It charts the history of the country and attempts to simulate the power of the nation on the rest of the world.
The case is separated into three main areas: an in-depth country analysis detailing key economic indicators and their progress an interactive timeline charting the history of the U.S. and a simulator which aids in the discussion of the effects of the U.S. economy on the rest of the world.Academic Area:Economic Environment & Public Affairs
The U.S. Economy: A case study EC1-108-I
Beyond a doubt, the United States raises stronger passions and more defined opinions than any country in the world. Whether it is because of its economic success, its role as a military superpower, its predominant position in world events, its impact on world cultures through the entertainment industry, or for other reasons, nearly everyone appears to have an opinion regarding the U.S. And these opinions are often poorly informed.
This case attempts to fill the gap in information on the U.S. by giving a quick historical introduction and a broad modern-day approximation to the world’s largest economy. It addresses many of the stereotypes popularly associated with the U.S. and provides data to critically evaluate these stereotypes. The discussion will inevitably lead to the rejection of many popular stereotypes, both popular and negative, and to a deeper understanding of the strengths and weaknesses of the world’s economic giant and business leader.Academic Area:Economic Environment & Public Affairs