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Papers On Economics And Economic Theory
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A History and Analysis of the Dow Jones Industrial Average
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8 pages. Starting with the most famous market crash of 1929, this paper discusses other major market crashes through the year 2000. The Dow Jones Industrial Average is tracked for the last few years in order to determine the cause of these major swings and what it is that is preventing a strong recovery. This is an excellent overview of the Dow Jones and gives the student an effective basis on which to proceed with further research regarding market crises and possible recovery scenarios. Bibliography lists 8 sources.
Filename: JGAdowjo.rtf

A Letter to the President / Fear for the Future
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A 7 page paper discussing in the form of a letter the fear that because we have no clue as to why the current and long period of expansion has lasted so long or has taken the path that it has, we also have no means either of recreating it should it end or taking steps to ensure its continuation now. The economy of the US currently is in the longest period of economic expansion known. While growth has been encouraging, it is troubling to know that even economists making macroeconomic analysis their life's work are unsure just what has brought about this long period of growth interrupted by only the mildest of 'bumps.' Bibliography lists 4 sources.
Filename: KSecon.rtf

A Look at Different Types of Budgets
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5 pages in length. Budgets are primarily based on history of expenditures and income as well as related items, and are also based on the future forecasts for such. Budgets, however, mean different things to different groups. For instance, an individual's household budget would be entirely different for that of a public sector budget. Likewise, the for-profit corporations have budgets that are based on different values from those of non-profit organizations. An excellent paper which also examines why caution must be used when comparing budget variance reports with the monthly reports of any organization. Bibliography lists 4 sources.
Filename: JGAbgets.wps

A Look at the Past and Future: Evaluating the Economy with Current Statistics
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This 7 page paper examines the current economy. This paper is broken down into two parts, one examining how current data is explained with an historic view and how the future economy can be predicted by looking at the present. Bibliography lists 5 sources.
Filename: SA633eco.rtf

A Paper Considering the Validity of Financial Analysis Being Based on the Assumption that Markets Efficiently Reflect the Underlying Present Value of the Firm
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This 14 page paper discusses the validity of financial analysis is based on the assumption that markets efficiently reflect the underlying present value of the firm. This is examined using various theories such as efficient market hypothesis (EMH) and the Edwards-Bell-Ohlson models. This is considered generally and in the context of the stock market performance with peaks and troughs and the crash of high tech shares in 2000. The bibliography cites 22 sources.
Filename: TEvalueshare.rtf

A Positive Slope on the Demand Curve – A Marketing Assessment
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A 5 page paper that critically assesses the argument that for some goods, the economics demand curve may exhibit a positive slope. Presented is an example using the current cola war between Coca Cola and Pepsi Cola and a shift in demand curve slope that could possibly occur were the equilibrium of this market disturbed. Also briefly discussed is the origin of this marketing assessment standard as introduced in Alfred Marshall's 1890 publication of Principles of Economics. Bibliography lists 3 sources.
Filename: LCcurve.doc

A Review of Issues in Economics by Robert Guell
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This 6 page paper is a review of the book by Robert Guell which explains economic theory in a clear manner and uses a range of chapters on relevant issues to help the student apply economic concepts to the real world. The paper looks at the content of the book, its' style and the strengths of the presentation with the content divided into 2 sections, one of the theory a month issues. The bibliography cites one source.
Filename: TEisseco.rtf

A Study of Inflation & Interest Rates
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This 17 page analysis focuses on trends of the nineties in relation to the economic variables, with an emphasis on Australia, Britain and the U.S. Paper includes 4 graphs and 2 charts. Economic history of each country is also presented and a relationship is shown between the three. Similarities are emphasized. Bibliography lists 22 sources.
Filename: Inflate.wps

A World Where Money As We Know it Will Be Obsolete
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A 3 page observation of the many changes that are being made world wide. This paper emphasizes the importance of e-commerce and contends that we are heading towards a world where money as we know it will be obsolete. Bibliography lists 3 sources.
Filename: PPmoneylessSoc.rtf

Abolishment Of The Minimum Wage
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This 8 page paper takes a stand against the concept of the minimum wage but presents both sides of the economic argument. Trickle down economics is explained as well. Bibliography lists 6 sources.
Filename: Manecomw.wps

Absolute Advantage, Comparative Advantage and Opportunity Cost
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This 3 page paper looks at the concepts of absolute advantage in comparative advantage comparing and contrasting the two. The paper then defines and discusses opportunity cost and considers the way in which this is seen with in international trade theory. The bibliography cites for sources.
Filename: TEabadvtg.rtf

ACCESS TO CREDIT AND ECONOMIC WOES
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This 3-page paper discusses the U.S. economic crisis of 2008 using the DD-AA Model, and notes if the steps taken will be effective. Bibliography lists 1 source.
Filename: MTddaaecon.rtf

Accountant Responsibilities
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A 6 page paper. The first half of this essay describes the functions and responsibilities of an accountant and managerial accountant. The second half discusses questions related to Claire's Antiques, a fictitious company. specifically, the writer discusses fixed vs. variable costs and the just-in-time inventory control system. Bibliography lists 5 sources.
Filename: PGacctj.RTF

ADAM SMITH AND DIVISION OF LABOR
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This 5-page paper discusses Adam Smith's theory of division of labor, which states that increased productivity is due to specialization. The paper attempts to interpret the theory and demonstrate whether it is a true theory or not. Bibliography lists 2 sources.
Filename: MTadasmi.rtf

Adam Smith's Division of Labor
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A 6 page paper discussing Smith's account of the origination of worker specialization, or division of labor. It was the worker who devised improvements to make his job easier and more productive. The goal of each small invention was not to contribute to the good of society or to propel the workman into a class of 'genius,' but rather to better individuals' living conditions. Produce more, earn more, purchase more goods to make life more comfortable and enjoyable. It is a common concept today, but new when Adam Smith proposed it in The Wealth of Nations. Bibliography lists 7 sources.
Filename: KS-Smith.doc

Adam Smith's Division Of Labor
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An 8 page paper that explains Smith's thoughts on the division of labor and how this leads to a prosperous nation with examples as provided by Smith in Wealth of Nations. This is a work that is more than two centuries old and yet, Smith's words guide the work of contemporary political economists. Smith's influence is discussed along with the reasons why this work has persisted through the years. Bibliography lists 7 sources.
Filename: PGadsmlb.rtf

Adam Smith's Ideas and the 2008 Economic Bailout
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This 3 page paper examines Adam Smith's concepts and also evaluates an article on the bailout in the United States. Bibliography lists 3 sources.
Filename: SA843bai.rtf

Adam Smith's Invisible Hand and His General Thesis on Wealth Creation
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This 3 page paper answers two questions in Q & A format. One question addresses Smith's concept of wealth creation and the other explores his "invisible hand" concept. Bibliography lists 1 source.
Filename: SA332WON.rtf

Adam Smith's Theories and Contemporary Political Strategy
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This 5 page paper provides an overview of Adam Smith's theories as laid out in Wealth of Nations. How his ideas relate to modern day Republican strategy is discussed. No additional sources cited.
Filename: SA310WON.rtf


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