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Papers On Economics And Economic Theory
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Economics: Steeped in Ideology
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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 a look at the stock market to understand that our economy is not only very much a science but it is based on and is impacted by human emotions as well. Bibliography lists 5 sources.
Filename: JGAecoid.wps
Economies of Scope and Scale;
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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.
Filename: TEecosca.wps
Economist David Ricardo
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This 5 page tutorial is chock full of basic information on this economist's theories. It also provides helpful information for a student embarking on writing an economics paper. Some terms are defined for the student with the use of footnotes.
Bibliography lists 6 sources.
Filename: SA051DR.wps
Economist John Kenneth Galbraith
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This is a 3 page paper on economist John Kenneth Galbraith. Canadian-born economist John Kenneth Galbraith (1908- ) has long been considered as “America’s leading public intellectual”. Besides being a government and economic advisor to Presidents Roosevelt, Kennedy and Johnson, Galbraith has written a great deal about the destructiveness of capitalism and consumerism within American society; a perspective which is not only controversial but not well accepted by the monopolies and big businesses of today. More recently, Galbraith has taken a stance against the growing concern of globalization and believes that too is destructive to the poor within society. Today, Galbraith considers American democracy to be one of “a democracy of the fortunate” and since the collapse of several of the large monopolies, like Enron, is aware that his book “The Affluent Society” written in 1958 could be as relevant in today’s world as it was almost fifty years ago.
Bibliography lists 2 sources.
Filename: TJJKGal1.rtf
Economists Smith and Nash Compared
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This 3 page paper compares the invisible hand with the Nash equilibrium. Each concept is defined. Bibliography lists 3 sources.
Filename: SA744NaS.rtf
Economy-Building with FDI
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A 7 page paper discussing how foreign direct investment contributes to developing economies. Nearly all developing nations are seeking to mature, and the experience of those such as Singapore that have won official designation as "mature" have demonstrated that the fastest route to that achievement likely will be influx of FDI. Bibliography lists 4 sources.
Filename: KSfdiRole.rtf
Effects Of Attack On America
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A 6 page paper. What has happened in America since the attack on September 11, 2001? That is the focus of this paper. The writer discusses a variety of economic effects, such as unemployment. The effects on the stock market, tourist industry, and other industries and changes in foreign policy are also discussed. Bibliography lists 4 sources.
Filename: PGefam.rtf
Effects of Fixed Exchange in Australia
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A 5 page paper discussing the likely
consequences to the Australian dollar were it pegged to that of the US and the US relaxed its
monetary policy. Australia's real dollar is not attached to any other nation's currency of course,
but the purpose here is to speculate on the effects that a fixed exchange rate could have on the
Australian economy. The paper examines standard patterns in such arrangements, then considers
two "what if" scenarios that would affect the Australian economy under such an arrangement.
Bibliography lists 4 sources.
Filename: KSfixedXchg.wps
Effects of Fixing Exchange Rates
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A 3 page paper discussing the likely effects of a
developing South American nation establishing fixed exchange rates. With much of the world
clamoring for increased free trade, there remains a debate over just how beneficial free trade really
is. Protectionism is far less acceptable now than in the past, but there are indications that it would
like to return if those fully opposed do not persist in resisting it. An alternative has been to
suggest that national economies can be stabilized by imposing a fixed exchange rate, but
freely-floating currency is seen as being the desirable condition. Bibliography lists 1 source.
Filename: KSfxdXchng.wps
Effects of the Global Economy on the US Economy
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A 10 page paper discussing how changes in the global economy affect the US. Though the transition is difficult and painful at times, it is likely that current difficulties of the US in global markets point to integration of the US into those markets. Our comparative advantage does not lie in low-skilled manufacturing jobs; it obviously does not lie in knowledge work in terms of programming. As the global economy continues to expand and evolve, we are likely to see in the future that much of our comparative advantage is linked to Western Europe and involves financial services for the rest of the world. Bibliography lists 13 sources.
Filename: KSeconUSglobal.rtf
Effects Of War On Economy
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Capitalism is the foundation on which the American economy now rests. The principles of supply and demand are what drive the capitalist form of economic structure. This 8 page paper investigates the effects of World War I and II on the American economy and speculates on how the economy will respond to the war on terrorism, based on the principles of supply and demand. Bibliography lists 6 sources.
Filename: KTecowar.wps
Efficient Market Hypothesis
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This 8 page paper examines Efficient Market Hypothesis (EMH). The paper is in two parts, firstly looking at what the theory it and how it operates. The second part of the paper then considers the evidence for its accuracy or inaccuracy. The bibliography cites 15 sources.
Filename: TEEMHstk.rtf
Efficient Market Hypothesis; What is it and how accurate is it?
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Efficient Market Hypothesis, EMH, was developed in the 1960’s by Eugene Fama, today the theory remains one over which there is controversy. This 9 page paper begins by outlining the theory an the three variations; weak, semi-strong and strong. The paper then considers the evidence for each of these forms and looks at the way the theory has been tested over time to determine if it can be seen as accurate and which forms have the most support. The bibliography cites 12 sources.
Filename: TEefficent.rtf
Elasticity Of Demand
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The value of quality and quantity of objects
produced in response to human wants and, or, needs is the cornerstone of
supply and demand economics. This 10 page paper provides an overview of
the determinants of the elasticity of demand for a commodity and argues
that the concept of elasticity of demand is of importance to the
entrepreneur because it helps to define the interaction between the
market and the demand for certain products. Bibliography lists 3
sources.
Filename: KTcomels.wps
Elasticity of Demand and Income
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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.
Filename: TEincela.wps
Elasticity of Demand: Health Care
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A 9 page paper discussing the microeconomic effects of spiraling health care costs. The presence of the third-party payer masks the effect of elasticity of demand for health care, as it does its microeconomic effects. It does not mask the results, however. As politicians continue to haggle over the future of Medicare and it continues to set the standard for private health insurers, increasing numbers of households can expect to have decreased access to health care. Includes 1 chart. Bibliography lists 4 sources.
Filename: KSeconHlthElas.rtf
Electronic Financing And The Future Of Paper Money
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20 pages in length. The purpose behind the banking industry implementing any change is to augment the capacity of its clientele. Inasmuch as change can be both a beneficial and detrimental endeavor, it is a very wise decision for the industry to wholly investigate all potential gains and losses long prior to employing this important modification. In this day and age, it is critical to the overall success of banking businesses to expand beyond the limited horizons of the past; indeed, to be able to diversify and reach toward loftier goals is only possible in the contemporary market by striving to bring together a variety of networking capabilities. Those like the banking industry that have established a sense of innovation within the framework of their industries have, historically, had positive results in the final outcome; however, to be fair, there have also been those who have attempted to incorporate the concept of such vastness in operation only to find that this particular venture was not as productive as they had anticipated. For the banking industry to follow suit upon the Internet is for it to completely and utterly open up to the whims of progress in the twenty-first century; with the evolution of ATM's, debit cards and the like, the global community is moving forward to the inevitable cashless society. Bibliography lists 16 sources.
Filename: TLCelecF.rtf