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Papers On Economics And Economic Theory
Page 21 of 58
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Free Banking Vs Federal Reserve
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A 14 page paper. The essay traces the evolution of the banking system in the United States to demonstrate the different systems that were tried. The first central bank was established in 1791, free banking was the model between 1837 to 1862 and the Federal Reserve was established in 1913. The writer then comments on which system would be more stabilizing. Bibliography lists 10 sources.
Filename: PGfrbnfd.rtf
Friedman: “Free to Choose”
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This 5 page paper discusses economist Milton Friedman’s book, “Free to Choose.” Bibliography lists 1 source.
Filename: HVFreCho.rtf
Full Employment in the United States Economy;
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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
Game Theory
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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
Game Theory
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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
Game Theory
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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
Game Theory as a Decision Making Paradigm
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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
Garzarelli's Edge, The Sequel (Article Review)
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This 3 page paper examines the article Garzarelli's Edge, The Sequel, which evaluates Elaine Garzarelli's true abilities and how she markets her services. Garzarelli is well known for predicting the 1987 market crash. No additional sources cited.
Filename: SA741G.rtf
Gas Price Elasticity
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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
Gas Rationing
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This 6 page paper discusses what might happen if the U.S. Congress devised a means by which American consumers would have to ration their gasoline. Bibliography lists 4 sources.
Filename: HVGasRat.rtf
Gasoline Prices Change and a Reflection of Supply and Demand
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This 4 page paper takes a newspaper article about increasing gasoline process in Michigan and examines this from the perspective of supply and demand. The underlying economic concepts are explained and applied to the price movement in the gas prices, the movements are illustrated with the use of 2 supply and demand graphs. The bibliography cites 4 sources.
Filename: TEgas2006.rtf
GDP Questions
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This 3 page paper answers three questions concerning GDP. The first part of the paper looks at what is meant by GDP and how it is calculated. The second part looks at the drivers and the last part makes prediction for future GDP growth giving reasons for that prediction. The bibliography cites 3 sources.
Filename: TEquGDP1.rtf
GDP, INVESTMENT AND THE BUSINESS CYCLE
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This 4-page paper focuses on the concept that the robust GDP experienced by the U.S. during the early 1990s (and the increase in equity value) ended up eventually bringing down the business cycle during the latter part of the decade. The paper discusses why this was so, bringing in several theories of GDP-business cycle-investment relationships. Bibliography lists 3 sources.
Filename: MTgdpbus.rtf
General Equilibrium Model
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9 pages in length. The developments in economic theory that ultimately led to the emergence of the general equilibrium model are based in trade. This useful model has been instrumental in addressing certain aspects of commerce, particularly with regard to global exchange. As technology continues to increase around the globe, international investment opportunities are more plentiful, apparent and diverse than ever before; as such, labor force considerations have taken a front seat with regard to the association between economic theory and the advent of the general equilibrium model. Bibliography lists 6 sources.
Filename: TLCequil.wps
General Health of the American Economy
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This 3 page report discusses the nation’s
economy and its state of health. Despite the positive financial picture being painted by politicians and the media, there are many serious concerns that will have a definite impact on the U.S. public. Bibliography lists 3 sources.
Filename: Econam.wps
Germany and the European Union:
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This 9 page paper examines Germany's relationship with, and involvement in, the European Union. This paper details the complex history of Germany from an economic standpoint and reveals how this history impacts Germany's involvement in the EU. Bibliography lists 3 sources.
Filename: GSGerman.rtf
GLASS-STEAGALL ELIMINATION: WAS IT A GOOD IDEA?
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This 3 page paper argues that the elimination of Glass-Steagall was a good idea. Examples, illustrations given. Bibliography lists 1 source.
Filename: MBgstgal.rtf