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Papers On Economics And Economic Theory
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Adam Smith's Theory of Value
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7 pages in length. This research paper delves into the conflict of Adam Smith's Theory of Value. When Adam Smith set forth his own Theory of Value it was vastly different from the idealistic view of his forebears. The term "value", in Smith's theory, corresponds largely to what is usually termed "use-value" - the value-in-use of some good. Within this paper we find that this treatment as well does not always advance a theory that is in all ways sound. Bibliography lists 12 sources.
Filename: JGAvalue.wps

Adam Smith’s “The Wealth of Nations”
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A 4 page paper which provides a summary of this landmark economic treatise. No additional sources are used.
Filename: TGaswealth.rtf

ADAM SMITH, THE INVISIBLE HAND, AND IMPACT ON THE ECONOMY
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This 10-page paper discusses Adam Smith's "invisible hand" theory, and whether it's applicable to today's economy. Bibliography lists 6 sources.
Filename: MTinvihand.rtf

Adam Smith: Theory Of Growth And International Trade
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7 pages in length. Adam Smith, considered quite universally to be the father of contemporary economics (Rouse, 1995), grew up under the watchful eye of his widowed mother and attended college on a scholarship. Clearly immersed in the principles of philosophy and logic, he ultimately turned his talents toward economics where he cultivated his popular - if not greatly debated - economic theory of growth and international trade as being founded upon the division of labor, a reality Smith (1991) claims is integral to the quest for wealth and the growth of a society. The greatest turning point in his life is unarguably when he published Wealth of Nations, which inevitably cast him 'as the fountainhead of contemporary economic thought' (The Library of Economics and Liberty, 2002). Bibliography lists 15 sources.
Filename: TLCAdamSmith.rtf

Adapting the Solow-Swan Model
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This 20 page paper examines the Solow-Swan Model, also known as the Neo-classical growth model. The model is examined and assessed, compared with the Harrod-Domar model with the aim of considering how the model could be adapted. Using the literature existing adaptations are discussed and the potential of a multiple stable steady states model. The bibliography cites 20 sources.
Filename: TEsolowswan.rtf

African Americans, Economic Empowerment, and Comparisons with White Americans
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This 9 page report discusses the economic status and financial condition of African Americans and how those factors compare with those of white Americans. Issues related to economic empowerment, the differences between economic progress, and other problems related to economic inequities are presented. Bibliography lists 10 sources.
Filename: BWempowr1.rtf

Airline Industry Model: Tight Oligopoly
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A 5 page paper discussing the industry structure that emerges as mergers and acquisitions continue to occur within the airline industry. It is not the old airlines that consistently gain highest ratings in customer satisfaction, safety, efficiency and performance, but rather Southwest - the only one that refused to operate in the same manner as the older, more established airlines. The anti-competitive bent to which major airlines cling ultimately is bad for them as well as for consumers. Whereas a loose oligopoly may be beneficial in the airline industry, one that is as highly concentrated as that which exists now is not. Bibliography lists 3 sources.
Filename: KSairOligo.rtf

Alan Greenspan
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This 4 page essay discusses Greenspan's theories and thoughts regarding the economy. It also reports the Greenspan Fed response to certain crises with comments from other experts. Bibliography lists 5 sources.
Filename: PGgrnsp.RTF

Alan Greenspan's Significance to Society
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This 6 page paper takes a look at Alan Greenspan's policies and his role as chairman of the Federal Reserve. Why this man is applauded is evaluated. Economic theory and his policies are discussed. Relevant biographical information is included. Bibliography lists 7 sources.
Filename: SA237Al.rtf

Alexander Hamilton's Influence on Economics in the United States:
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This 7 page paper discusses the life of Alexander Hamilton and the impact he had on economics in this country. This paper examines his contributions to economic policy and their lasting effects. Bibliography lists 13 sources.
Filename: GSHamilt.rtf

Altering Monetary Policy
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A 5 page paper discussing a given set of hypothetical economic conditions, analyzing the conditions individually and in the presence of other, related indicators. The Federal Reserve’s action should be to reduce interest rates to encourage business expansion and consumer spending. As spending increases, GDP growth rate will increase as well, as will demand for consumer goods and services. Businesses will need to produce more of each, and likely will need to hire additional workers. If these have been out of the labor force for some time they will increase personal spending too, contributing to greater growth of GDP. Regardless of where interest rates are, the government needs to control its own spending. Bibliography lists 3 source.
Filename: KSeconMonPol.rtf

Alternatives to the GDP as the Measurement of Development
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This 5 page report discusses the fact that the gross domestic product (GDP) is not one of the more complicated of the many contemporary economic indicators. It is simply a measure of the total production and consumption of goods and services in any economy. Such simplicity is both its strength and its weakness in measuring development in an economy. Because of its straight-forward nature, it is generally used as one of the most accurate descriptors of a nation’s economic health. However, it does not necessarily provide the most in-depth or focused information. Bibliography lists 9 sources.
Filename: BWgdpcap.wps

American Greeting Cards: A Case Study
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12 pages in length. A case write-up on a corporation showing the history, financial analysis, organization analysis, strategies, portfolio, problem issues and recommendations. Excellent model paper. Bibliography lists 5 sources.
Filename: JGAgrcrd.wps

An Analysis of Marks and Spencer Company
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6 pages in length. Gives industry detail about UK retailer Marks & Spencer, as well as the competitive structure of the industry. Future strategies are recommended for the company. Bibliography lists 5 sources.
Filename: JGAmkspn.wps

An Approach to Evaluating the Efficacy of a Private Not-For-Profit Wellness Center
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A 4 page proposal for evaluating the efficacy of a private not-for-profit hospital’s wellness center. Defines clinical pathways and recounts their usefulness in improving the efficacy of health care. Suggests that clinical pathways be implemented which allow for detailed statistical analysis of data and the ability to apply findings from that data to improving the health care situation in terms of quality of health care and cost of health care.
Filename: PPmedEff.wps

An Argument Against Capitalism
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This 4 page paper considers whether or not capitalism is the best economic model. The concept and application of capitalism are considers, with a focus ion the problem associated with capitalism, alternative models are considered, including capitalism, market socialism and sarvodaya. The bibliography cites 8 sources.
Filename: TEcapagainst.rtf

An Economic Explanation for the Closure of Levi Strauss Factories
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In 2003 Levi Strauss closed down the last of the North American factories. This 4 page paper explains how this decision was made and the economic basis of that decision making use of the law of diminishing marginal productivity. The bibliography cites 3 sources.
Filename: TElevidm.rtf

An Empirical Testing of Efficient Market Hypothesis and Weak Form of Efficiency of Mumbai Stock Exchange (BSE), India
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This 6 page paper puts forward the hypothesis that the stock price performance on the Mumbai Stock Exchange is explained by the weak form of Efficient Market Hypothesis (EHM). The writer sets out to do this with a two stage process. Initially the random walk theory is eliminated with information from the Bombay Stock Exchange National Index (BSENI), and then the weak form of EMH is proven with analysis of performance that can only be proven with the use of historical data. The bibliography cites 8 sources.
Filename: TEinfemh.rtf

AN ESSAY ON PLANNED CHAOS
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This 6-page paper discusses Von Mises' economic treatise, "Planned Chaos," and explains why it supports the free market. Bibliography lists 2 sources.
Filename: MTplanchao.rtf


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