Managerial Economics

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The response address the queries posted in 2030 words with references.
//Before discussing the different aspects of the research paper; first, we will write 'Introduction' part of the research. In this part, we will focus on the current environmental topic and also on the effect of these factors on the environment. I am taking the global gas prices, which are currently affecting the environment, as well the business in the global economy. You can take other current economic topic for your portion.\

Introduction

The research paper is mainly related to the global gas prices. The gas prices in the global market change to a greater extent and regular fluctuations have been observed in the gas prices. The fluctuations in the gas prices have a direct impact on the global economy as well as the economy of a country. Gas is an essential fuel for the household as well as for other business activities. Gas prices do not remain stable and affect the global economy. The gas prices have a great impact on the economic growth of a country. Due to the fluctuations in the gas prices, the economic framework of a country gets fluctuated (Gundzik, 2006).

The inequalities in gas prices exist among different countries due to the government policies of the countries. Global gas prices have an adverse affect on various segments of economy. It is among the leading indicators of economy representing the variations in the rate of inflation. Increase in gas prices tends to increase in the expenditure of the consumers. Global gas prices depend on the supply of crude oil in the global market. The dependency of all the categories of customers on the gas tends toward getting aware about the fluctuations in the gas prices (Gas prices around the world, 2008).

In this research paper, we will mainly focus on the impact of increase in global gas prices on the global economy. The fluctuation in the gas prices is the topic of global concern. Therefore, it is essential for the countries operating in the global market place to effectively handle the issue related to global gas prices, so as to tend the global economy towards stableness. For the analysis of this research paper, we will divide it into different sections, such as research methodology, data analysis, research findings and conclusion.

//Above, we discussed the introduction part of research paper. Now as per the standard research paper, we will discuss the 'Research Problem', significance of the problem and also the aims and objective it. It will help to understand the synopsis of the research paper.\

Research Problem

The research question for this paper is:

How does increase in global gas prices affect the global economy?

Significance of the Problem

This research question will assist the management students and consultants in understanding the impact of increase in gas prices on the global economy effectively. It is mainly based on the issues relating to the fluctuations in the global gas prices. It will also assist in understanding the unstable nature of the gas prices.

Aim and Objectives of the Research

The main aims and objectives of the research are:

Ø To study the variations in the gas prices.

Ø To examine the changes in the consumer price index.

Ø To study the fluctuations in the world economy due to gas prices.

//After discussing the different aspects of the research paper, we will discuss the 'Research Methodology'. It includes the literature review of the journals and articles, which are related to the ...