Essays and Research Papers on Economic Theory

5 pages. This paper describes the views of Paul Anthony Samuelson as regards Keynesian economics, his impact on the global market economy and free market capitalism. Samuelson, like Keynes, was a total conservative. He agreed that Keynes had two basic motivations, one of which was to destroy the labor unions and the ...

This 5 page paper considers the difference in the supply and demand curves of elastic and inelastic products. The way in which price effects the demand and supply of necessary items and luxuries is examined and illustrations of calculations are given. The paper also includes 2 graphs. The bibliography cites 4 sources.

This 6 page paper discusses demand elasticity and income elasticity. The effects of changes in demand and income on the price and market are examined and illustrated with three graphs. The bibliography cited 5 sources.

This 6 page paper discusses the effects of a rise in the unit tax on labour in an industry where some companies have a very inelastic demand for labour whilst others have a very elastic demand for labour. The paper includes examples and considers the influence of the types good produced and the possibility of ...

This 14 page paper looks at the Newfoundland fisheries. Starting with some background it then applies economic theory to the case. Issues of the location, transportation, price, supply and demand, and the changing market are all illustrated with a series of 11 graphs which include factors such as cost, marginal cost, total average cost, normal ...

This 7 page paper looks at the influences on gasoline prices in the United States. The consumer price index between 1962 and 2000 is used to illustrate the effect of supply and demand of oil on the retail price of fuel. Additional influential factors are also considered. The paper includes 1 bar chart and two ...

This 6 page paper considers the brain drain which occurs between Canada and the United States. This is not a new phenomenon, but has been occurring for decades. This paper looks back to the 1930's and demonstrates that the causes of migration then are the same as the push and pull factors on the labour ...

This 10 page paper looks at some examples of price and supply figures and forms graphs to demonstrate to operation of supply and demand. The paper includes 3 graphs and bibliography cites 4 sources.

10 pages in length. This paper is written from the perspective of the financial advisor for the public company of International Leisure and the proposed takeover bid of Gamefair Ltd. This report gives consideration to the interests of the founders of Gamefair Ltd. and to the venture capitalists as well. Excellent descriptions ...

This 5 page paper looks at the different schools of economic thought. The classical school, the Keynesian school and the Monetarist school are given a basic outline and considered along with their differences and similarities. The bibliography cites 4 sources.

This 15 page paper considers the views on a free market economy and the 'goodness' of the different models. The thoughts of economists such as Friedman, Schotter, Ollman and Baumol are all considered, and discussion give to which may be best adopted in capitalist economies to the benefit of the different stakeholders. The bibliography cites ...

This 15 page paper looks at the determinants of demand from an econometric perspective. The roles of price and location are used in a hypothetical case study of a fast food restaurant in order to demonstrate how an econometric model can be used. The paper included 3 graphs and the bibliography cites 6 sources.

7 pages in length. This paper attests to the claim that economics is based not only on scientific theory but on ideology as well. By denying the ideological roots of economics we deny the fact that the economy is based in any way on human input and emotions. One need only take ...

7 pages in length. Author Jennifer Laabs in her article "What Goes Down when Minimum Wages go up" tells us that if the minimum wage goes up a great deal, then the attractiveness of businesses goes down and so does the ability to maintain employment levels. This is not necessarily a true statement, ...

This 32 page paper looks at the commodities market. The way in which it has developed. It's operation and risks and the separation of actual and futures are all considered. The paper includes details on how the different commodities are traded, the development of futures and managed futures funds. Examples are given throughput the paper ...

This 21 -page-paper presents a detailed and in-depth discussion on the World Trade Organization. It opens with a history of how the WTO began and details the historical events that preceded its inception. It then moves into detailed descriptions of its various functions and the way it affects its members. Involved in the discussion are the economic crisis ...

This 5 page paper looks at the differences between monopolistic and perfect competition environment. It compares control over price, costs and the way in which profits will differ. The paper include two graphs and cites 4 sources.

This 6 page paper provides an overview of the issues related to the labor developments in the past 30 years, and relates the issues of past labor movements to the future of labor developments in the emerging global economy. This paper considers current issues and the way in which these will shape the labor ...

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.

This 6 page paper looks at the ways in which the currency exchange rate movements may be seen as logical and illogical. The paper then goes on to discuss possible models which have developed and may help the economist explain these movements, and the reasons that they will fail. The Sterling crisis of 1994 is ...

This 12 page paper looks at monetary policy from both the classical and Keynesian perspectives . The first part of the paper discusses what is meant by monetary policy and how it is measured. The paper then looks at the application of monetary policy using the United Kingdom as an example demonstrating what will happen ...

A 5 page paper that defines the concept of mass customization and outlines the benefits that can be gained through the utilization of this innovative marketing strategy as well as the framework that guides its design, development, and implementation. Also included is a discussion that focuses on the advantages as well as the disadvantages ...

A 12 page paper discussing growing instances of seeming inconsistencies between P/E ratios and stock value. The paper explores several possible reasons but concludes that it is the new economy most responsible for the phenomenon. While economists who should know better still need not proclaim the business cycle dead yet, this new economy does provide compelling evidence ...

This 3 page paper gives a concise description, and accompanying examples, of what is meant by the terms economy of scope and economy of scale as well as the diseconomies of scale. The bibliography cites one source.

This 3 page paper looks at how a minimum wage can serve as a stimulant to an economy and result in an increase in employment, even full employment in some sectors. To demonstrate this the paper gives a clear and straight forward example case of how this can happen along with the possible downfalls of ...