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Complete 3 page APA formatted essay: The Office.Download file to see previous pages... The Office is a documentary on the day-to-day undertakings of the employees the Scranton, Pennsylvania branch of

Complete 3 page APA formatted essay: The Office.

Download file to see previous pages...

The Office is a documentary on the day-to-day undertakings of the employees the Scranton, Pennsylvania branch of a fictitious firm Dunder-Mifflin Paper Company. The show is presented as a humorous look at the different issues and foolishness that happens in the workplace. The branch is run by the single, middle-aged and boastful Regional Director Michael Scott who also serves as the host in the documentary. With his huge passion for business, Scott sees himself as the "office funnyman, a fountain of business wisdom and his employees' cool friend" (About the Office 4). However, his painstaking effort to be liked by his colleagues is in vain as he only appears pathetic and absurd.

Other notable main characters are: Pam Beesly, the office receptionist. Jim Halpert, a sales representative. Dwight Schrute, the assistant to the regional manager. and Ryan Howard, a temporary employee.

Economically speaking, opportunity cost is defined as "the cost of something in terms of an opportunity forgone or the most valuable forgone alternative" (Opportunity Costs 1). In The Office it is apparent that Jim Halpert foregoes the opportunity of securing better working alternatives when he continued working for Dunder-Mifflin Paper Company.

The economic hegemony of the United States is currently being tain...

It is estimated that the budget allocated to the war reaches $1 trillion which could have been used to finance economic and social projects such as livelihood, housing, and education. Thus, the opportunity cost of going to war can be stated as the social and economic benefit which could have been derived from the investments in socio-economic projects.

2. Law of Supply and Demand

The issue of downsizing has been recurring in the episodes of the TV show. It should be noted that downsizing stems from the fact that the supply of labor in the economy is much higher than the actual demand requiring some adjustments through employee lay-offs.

The same issue is faced by employees in the nation. The trade liberalization has eliminated national boundaries facilitating the mobility of job and investments. Business process outsourcing has become a trend channeling jobs to other countries where the cost of labor is lower like China, India, and Philippines thereby lowering the demand for labor in the United States. Recently, the customer service department of large business organizations like Dell, HP, and IBM has been deployed in these countries lowering the demand for US labor. This movement in demand changes the equilibrium by decreasing supply through downsizing.

Works Cited

"About the Office." NBC Website. 2007. April 18, 2007

"The Office." Wikipedia: The Free Encyclopedia. 2007. April 18, 2007

"Opportunity Costs." Wikipedia: The Free Encyclopedia. 2007.

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