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Papers On Economics And Economic Theory
Fiscal and Monetary Policy; Effects on Business
FISCAL AND MONETARY PROGRAMS -- AND SAVINGS
Fiscal Policy Questions
FISCAL POLICY, THE GDP AND KEYNESIAN ECONOMCS
Forecasting the Economic Future By Looking at Past Trends
Fraudulent Workers Compensation Claims:
Full Employment in the United States Economy;
Game Theory
Game Theory
Game Theory
Game Theory as a Decision Making Paradigm
Gas Price Elasticity
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A 7 page paper discussing how fiscal and monetary policy affects business activity. Both fiscal and monetary policy are effective in stimulating growth in a depressed economy, but monetary policy has the greatest immediate and short-term effect. Fiscal policy sets the nation’s tone, defining whether it is or is not friendly to business. Monetary policy affects daily decisions, however. Of the two, monetary policy is the most effective, but both work in concert together. Bibliography lists 7 sources.
Filename: KSeconFisPol.rtf
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This 11-page paper answers two questions about fiscal policy, the first being how government can control policy to boost consumer savings, the second involving how fiscal and monetary policy are intertwined. Bibliography lists 8 sources.
Filename: MTfissav.rtf
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This 6 page paper is written in three parts. The first part briefly explains briefly what fiscal policy is and how fiscal balances, and the Public Sector Net Cash Requirement (PSNCR), can both affect and be effected by cyclical fluctuations. The second part explains the main problems governments encounter when trying to achieve high and stable growth rates of GDP using fiscal policy. The third part of the paper examines the reasons behind the government budget deficits experienced by the major countries in the EU. The bibliography cites 8 sources.
Filename: TEfiscalpol.rtf
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This 4-page paper focuses on fiscal policy, as seen through the eyes of a Keynesian economist. The paper discusses the definitions of GDP, the impact of Keynesian policies on GDP, and how an auto company might fare in such an economy. Bibliography lists 3 sources.
Filename: MTfiskey.rtf
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A 4 page paper which examines why professional economic forecasters rely on past data and trends to predict the future. Bibliography lists 4 sources.
Filename: TGeconfore.rtf
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This 7 page paper examines the crisis of fraudulent workers compensation claims and the current anti-employer system that exists. This paper examines the inherent problems in the system and the reasons why the problem has become so wide-spread. Bibliography lists 7 sources.
Filename: GSWorcom.rtf
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This 14 page paper considers the goal of full employment. Firstly, the paper considers what full employment actually is, and why in its definitive state it is not desirable. The paper then goes on to discuss the role of supply and demand on employment including the theories of the Classical, Keynsian and Monetarist regarding employment and related factors such as inflation. The final part of the paper then examine the role of new technology on employment by considering the fears and potential that it provides dependant on how it is used. The paper include 5 graphs and the bibliography cites 10 sources.
Filename: TEfulemp.wps
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5 pages. An excellent and thorough explanation of the Game Theory of economics. Explains in detail how this theory works and how it applies in real-world situations to companies with oligopolies. Standard microeconomics provides a theory of decision-making where the outcomes of various decisions are known. Game theory provides rational solutions when the outcomes are uncertain. Game theory has proven very useful in the study of oligopoly markets where each participant must take account of the reactions of its competitors. Bibliography lists 3 sources.
Filename: JGAgame.rtf
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This 5 page paper examines game theory, looking at a business application of the prisoners dilemma, and the theories of Nash, Cournot and Bertrand. The bibliography cites 6 sources.
Filename: TEgmthry.rtf
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This 10 page paper looks at the paradigm of game theory. The paper explains what game theory is where and how it works and the effects that it may have on a companies decision making processes. To aid understanding the paper uses an example of two companies and the outcomes that may be seen in different scenarios and the reasoning behind the formation of cartel's. The bibliography cites 2 sources.
Filename: TEgameth.wps
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This 8 page paper considers a statement claiming that although Game Theory, also known as decision theory, may not be able to provide facts where there are none, that it may be seen as a model that will give a framework for the organization of thought and give increased decision making perspective. The bibliography cites 7 sources.
Filename: TEdecthe.wps
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A 5 page paper discussing gas price elasticity in light of the
record-breaking prices of the summer of 2000. A product of high elasticity is one that
exhibits significant response to the laws of supply and demand. Unfortunately, gasoline is
not one of those products. Consumers may change travel plans when prices exceed $1.50 a
gallon, but gas is seen as a necessity for everything but vacation. Although alternatives are
slowly becoming available, few exist in 2000. In addition, gas purchases account for only a
small fraction of available income. If any or all of these conditions were different, then gas
would be a more elastic product. For the present, it remains a product of low price
elasticity of demand. Bibliography lists 7 sources.
Filename: KSgasPrice.wps
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