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Papers On Economics And Economic Theory
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Linear Algebra; Linear Models, the Wassily Leontief Input Output Models
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This 5 page paper examines the Wassily Leontief Input Output Models, looks at the assumption and the way in this is calculated with example calculations throughout. The bibliography cites 4 sources.
Filename: TEwassleo.rtf

Long Term Capital Management: The Limitations of Financial Investment Models
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A 9 page overview of the applicability of financial models to investment. The author reveals the investment strategy of the “Long Term Capital Management” fund to contend that this strategy was based largely on models such as that accounted for by the Black-Scholes Formula. The failure of this fund serves to exemplify the fact that models are based on normal behavior, when normal behavior is replaced by abnormal behavior even the most advanced financial models fail to perform. Bibliography lists 3 sources.
Filename: PPinvest.rtf

Lucas D. Papademos’ Address to the European Parliament
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A 3 page paper reviewing the address that the vice president of the European Central Bank made to the European parliament on April 29, 2003. Mr. Papademos was introducing the European Union’s annual report for 2002. The paper discusses the tools he used in calling parliament to action in stepping up planned structural reforms. Bibliography lists 2 sources.
Filename: KSspePapademos.rtf

Macro Economic Questions
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This 4 page paper answers questions asked by the student concerning the way national economies will behave and interest rates will move when there is an increase in disposable income, a trade deficit and a trade surplus. The bibliography cites 2 sources.
Filename: TEeconq1.rtf

Macro Economics; The Investment Property Market in Australia
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This 4 page paper looks at the influences on the Australian housing market. The level of investment in the Australian property market has been an influence in the increasing prices. The paper considers the different influences on the IS curve and the way the prices have performed against these influences. The bibliography cites 8 sources.
Filename: TEaushouse.rtf

Macroeconomic Benefits Of Tax Refunds From Deficit Surplus
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A 3 page essay on the potential long-term benefits of giving a tax refund to U.S. citizens from the deficit surplus instead of increasing big government. The writer argues that the long-term benefit would be just that as the economy itself is already stable, although a positive supply and demand bump is possible as well. Bibliography lists 2 sources.
Filename: Deficit.wps

Macroeconomic Influences on International Trade
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This 9 page paper consider the macroeconomic issues that have influenced the increased level of international trade. The bibliography cites 5 sources.
Filename: TEitrade.wps

Macroeconomic Influences on the Airline Industry
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This 6 page paper examines the impact of different influences in the airline industry. Written in 3 parts the first part of the paper provides an analysis of the key factors that determine demand and supply in the airline industry. The second part critically evaluates the implications for the ‘traditional’ airline industry of the increased market presence of low cost airlines such as Ryanair, Easy Jet or Jet2. The third part then Considers what ‘traditional’ airlines can do to preserve and expand their market share and survive in the long run. The bibliography cites 7 sources.
Filename: TEairmacec.rtf

Macroeconomic Objectives of Low Unemployment
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This paper focuses on low unemployment, low inflation, rapid and sustainable economic growth and the avoidance of current account balance of payment deficits. Considers these in the context of aggregate demand. Graph is included.
Filename: JAmicmac.rtf

Macroeconomic Projections
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This 3 page paper looks at the projections which have been made for the US in terms of short and long term GDP performance starting in 2003, and two year performance on inflation, interest rates, unemployment, population and labour force growth as housing provision. The paper shows how the different forecasts interact. The bibliography cites 4 sources.
Filename: TEUSproj.rtf

Macroeconomic Questions with the ISLM Model
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A 4 page answer to 3 macroeconomic questions, one of which seeks to classify government education spending as public consumption or public investment. The other two questions deal with the effects of large cuts in government spending within the ISLM framework. Bibliography lists 2 sources.
Filename: KSeconMacroISLM.rtf

Macroeconomic Theory
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Macroeconomic theory proposes to explain the relationship between government policy, spending and maintenance of a federal budget and the market economic system as a whole. This 5 page paper gives a brief overview of a few macroeconomic theories, including Military Keynesianism, Neoclassicism and Post Keynesianism. Bibliography lists 4 sources.
Filename: KTmacecn.wps


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