Discuss shortnote on morality and ethics , Microeconomics

Assignment Help:

Economics and Ethics : Morality and ethics are powerful motivations to behavior.  Thouh, economists suppose that rationality is a function of demonstrable self-interest.  That means, material well-being B greed if you will.  The acceleration of corporate scandals by the early part of this century seems to suggest a disregard for issues other than material well-being by lot of people who were in positions of authority in various major companies (Enron, Worldcom, Tyco etc.)  Self-interest when measured purely in dollars and cents will often give rise to unethical, immoral, and perhaps even illegal conduct.

 


Related Discussions:- Discuss shortnote on morality and ethics

Show the impact on price elasticity of demand, Q. Food purchases are relati...

Q. Food purchases are relatively price inelastic since food is a necessity. If food is so required for life, how will we explain the heavy advertising of food items at the

Demand, brife note on demand

brife note on demand

Insurance, #question.Question: Answer all parts (a, b, c, d, e & f). Consi...

#question.Question: Answer all parts (a, b, c, d, e & f). Consider the following insurance market. There are two states of the world, B and G, and two types of consumers, H and L,

Elasticity, What are the uses of elasticity’s to the public sector and priv...

What are the uses of elasticity’s to the public sector and private sector?

Marginal revenue, Marginal revenue: Marginal revenue is the change in ...

Marginal revenue: Marginal revenue is the change in total revenue with respect to a change in quantity sold. That is, it is the change in total revenue that results from the s

Demand and supluy curves, using demand and supply curves explain how shorta...

using demand and supply curves explain how shortage and surplus are created

Corporatism, Corporatism: A system for managing income distribution andwage...

Corporatism: A system for managing income distribution andwage determination, in that wage levels are determined centrally (across industries or even whole countries) on the founda

Illustrate the content in the rational consumer, Illustrate the content in ...

Illustrate the content in the rational consumer? Content in the rational consumer: a. How to spend income onto goods and services? b. Why maximizing usefulness? c. Wh

Determinant of price elasticity of supply, Assume there is a remote area in...

Assume there is a remote area in china with high population.The area is composed exclusively of apartments and is populated by low-income residents .The people tend to stay in that

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd