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Papers On Economics And Economic Theory
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David Ricardo: Contribution To The Development Of Economic Theory And Contemporary Thought
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6 pages in length. David Ricardo, born in 1772 and third of seventeen children, espoused two economic theories that helped to form the fundamental basis of contemporary economic thought. Indeed, his Distribution Theory and International Trade Theory provided a substructure upon which future economists could base their subsequent theories, giving rise to the troubling potential of capitalism and class status. His close friend and fellow economist Thomas Malthus helped Ricardo to hone in on a particular sector of economic considerations that has held its value throughout the past three centuries. Bibliography lists 10 sources.
Filename: TLCricar.wps

DEBT AND SPENDING: TROUBLE FOR THE ECONOMY?
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This 3-page paper attempts to answer the question as to whether the current rising consumer debt (not to mention the U.S. trade defecit) will have a dire impact on the U.S. economy. Footnotes used. Bibliography lists 1 source.
Filename: MTcondeb.rtf

Defining Economics from an Accounting Perspective:
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This 4 page paper defines economics, and also determines how it can be used as a decision-making tool in the field of accounting. This paper shows how the accounting industry could benefit from incorporating economic theory into the decision making process. Bibliography lists 3 sources.
Filename: GSEconom.rtf

Definitions of Economic Concepts
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This 8 page paper explains the meaning of several economic concepts. These include the role of supply and demand and what is meant by elasticity and how it can be calculated. The difference between nominal and real rates, with examples, the difference between flow and stock, different types of value such as face value, present value and future value. The paper also explains different types of financing, such as equity and debt capital, and different economy types; open and closed economies and the way they may be associated with capitalism and command economies. The final topic is foreign exchange rates and how the rates vary.
Filename: TEdefeco.rtf

Demand Analysis
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This 3 page report discusses demand analysis and how it can be studied by elasticities. Also discussed is how it can be studied on an aggregate level by input/output analysis. Bibliography lists 2 sources.
Filename: Demana.wps

Democracy And Capitalism
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A 6 page paper. The primary question addressed by the writer is: Does capitalism bring about democracy? If a country has a capitalistic economy, will that nation also adopt a democratic form of government? This is a highly debated question among economists and politicians. The writer provides evidence on both sides of the issue, using specific countries as examples. The writer also comments on whether or not a certain level of economic development is necessary to sustain democracy. Bibliography lists 6 sources.
Filename: PGdemcpt.rtf

DEPRESSION ECONOMICS
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Using Krugman's book "The Return of Depression Economics," this paper examines why today's economic climate could trigger a depression as severe as the one experienced during the 1930s. Krugman's theories are compared with those from Karl Polyani and Barry Eichengreen. Bibliography lists 4 sources.
Filename: MTdepeco.rtf

Determinants of Demand
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This 5 page paper looks at the different determents of demand, such as prices, income, advertising, substitutes, tastes and population looking at the relationship and the sensitivity of that relationship. The paper uses an example of a meal in a restaurant to demonstrate the effect of the different factors. The bibliography cites 1 source.
Filename: TEdemand.wps

Determination of Monetary Policy
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A 4 page paper discussing economic conditions as they existed on October 15, 2003, followed by a discussion of factors affecting the decision to alter interest rates. The US economy appears to be emerging from recession at last; conditions did not warrant changing interest rates. Bibliography lists 5 sources.
Filename: KSeconFedPol.rtf

Determining Demand for Two Products
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This 4 page paper considers how demand may be determined for two products. A student may purchase video tapes or DVD's, the DVD will always be a higher price than the tapes. The paper shows how the demand lines may be drawn and looks at that will influence the demand, such as supply, level of disposable income and the elasticity created by the perception of the different goods and the level of potential substitution. The paper includes one graph.
Filename: TEdvdsup.rtf

Developing a Model to Explain the Price Movements of a Commodity
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This 10 page paper looks at the different influences that will impact on the price of replacement heifers in the beef market and how an econometric model may be developed to explain these movements. Variables examined include factors such as the price of the feed, weather, interest rates and other influences that may impact on the supply or demand in the market. The bibliography cites 8 sources.
Filename: TEhefpri.rtf

Developing a Policy for Ontario's Electricity Industry
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This 4 page paper sets out to determine a new energy policy for Ontario's electricity market. Prior to 2002 this market was a government monopoly with regulated prices. In May 2002 the province introduced a competitive wholesale energy market and contrary to the province's expectations the price of electricity soared so much that the government had to intervene and cap the price. The failure of the initial plan is examined in order to develop a new plan to decrease upward pressure on prices. The bibliography cites 4 sources.
Filename: TEontarele.rtf


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