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

Consumer''s chiose involving risk, risk describe,prefrence towards risk,the...

risk describe,prefrence towards risk,the demand for risky assets.consumer behaviour under asymmetricinformation

Revenues, Ask qdescribe average and marginal revenue under imperfect compet...

Ask qdescribe average and marginal revenue under imperfect competitionuestion

Economics of exhaustible resources, Normal 0 false false fa...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Mr and ar, A monopolist''s demand curve is P=100-2q. find his MR function. ...

A monopolist''s demand curve is P=100-2q. find his MR function. at what price is MR zero

Explain what the natural rate of unemployment, Explain what the natural rat...

Explain what the natural rate of unemployment is. It is necessary here to include a solid explanation based on economic concepts. The natural rate of unemployment is the rate o

Managerial economics, what is budget line?show the shift in the budget line...

what is budget line?show the shift in the budget line

Sales revenue maximization model , What are the major differences between t...

What are the major differences between the equilibrium of profit maximiser and sales revenue maximiser?

Ppc ., cars:0,2,4,6,8 tow truck:30,27,21,12,0

cars:0,2,4,6,8 tow truck:30,27,21,12,0

International trade, International trade: International trade refers t...

International trade: International trade refers to the exchange of goods and services between countries. Goods sold to other countries are referred to as exports and goods bou

Kolbey:s reaction, why can methane not be prepared by this reaction

why can methane not be prepared by this reaction

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