Essays and Research Papers on Economic Theory

A 5 page paper discussing the effect of the law of supply and demand on gas prices, as well as price elasticities. Gas is a rather inelastic product in that it is seen as a necessity and to date there are no ready substitutes for it, so it is not as directly affected by ...

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, ...

This 14 page paper examines the way in which prices of branded drugs, and the related profit they create for the pharmaceutical companies, is impacted when patents expire and the branded drugs have to compete with generic products. The paper considers how the law of supply and demand manifests in this market where an increase ...

A 7 page comparison of classical and monetarist macroeconomics. The writer argues that while economists remain in divided camps, in application, the two theories are combined, along with the growth theory of rational expectations, a monetarist offshoot. Bibliography lists 6 sources.

A 6 page review of the relationships of supply and demand. Provides an approach to analyzing such relationships from a stochastic perspective. Bibliography lists 8 sources.

A 3 page essay which states that the budget surplus should be applied to the various farm economic protection bills for the simple reason that farming cannot in any way respond to a Keynesian-based economy, and countries who do not feed their citizens become Third World countries. Bibliography lists 2 sources.

This 6 page report discusses the fact that currently U.S. enjoy low interest rates, low unemployment, low inflation, and an expanding economy, and confidence is high and the fact that booming U.S. economy may be approaching a historical turning point. The writer examines economic conditions in the Federal Reserve's District Twelve and reviews the ...

This 8 page report discusses the vast number of changes the U.S. economy has undergone since the dark days following the 1929 stock market crash. The Roosevelt Administration implemented a wide array of social benefit programs to assist Americans in getting through the Depression. The next economic grace for the country was directly related to ...

A 5 page paper that considers the impact of econometric models on the process of economic forecasting, providing a number of specific examples to illustrate points made. Bibliography lists 5 sources.

A 3 page essay on the potential long-term benefits of giving a tax refund to U.S. citizens from the deficit surplus instead of increasing big government. The writer argues that the long-term benefit would be just that as the economy itself is already stable, although a positive supply and demand bump is possible as well. ...

A 5 page analysis of the book The Worldly Philosophers by Robert L. Heilbroner. The writer first analyzes why communism failed as an economic system and then discusses how capitalism developed and its inherent superiority as a preferred system of economics. No additional sources cited.

This 4 page paper explores the relationship between social class and the economy. The subject is broached in a variety of ways including how the various classes affect the economy. No sources used.

A 12 page discussion of factors which relate to profit maximation. Includes economic formulas and a discussion of isoquant curves and their relationship to economic modeling. Bibliography lists 6 sources.

11 pages defining and analytically discussing the 4 major theories of economic growth and the theories behind them. Specifically discussed are the neoclassical view, Keynesianism, the monetarist view, and the longwave schumpeter ideology. Free outline included. No Bibliography.

A 9 page research paper that explores the Keynesian school and the influential schools of thought that preceded John Maynard Keynes' macroeconomic theory. The writer articulates theories by Adam Smith, Jeremy Bentham, John Stuart Mill, Alfred Marshall, Thorstein Veblen, John Maynard Keynes, John Kenneth Galbraith and David Alan Aschauer. Bibliography lists 7 sources.

A 2 page essay on how John Maynard Keynes introduced government into the economic market established by the classicists and turned it upside down with his employment and anti-poverty measures. Bibliography lists 2 sources.

A 17 page research paper positing that although John Maynard Keynes referred to himself as an Institutionalist, he did not hold Institutionalist ideas concerning cultural transformation. A comparative analysis of Keynes theories vs. Institutionalist theory is then made. Main theorists include Drucker, Myerdal, and Veblen. Paper relies heavily on argument of Richard Brinkman. Bibliography lists ...

This 4 page report discusses John Maynard Keynes equilibrium condition as it applies to a nation's trade deficit. Bibliography lists 5 sources.

This 2 page report discusses the significant approaches to the economic analysis of labor market discrimination as formulated by 1992 Nobel Prize winner Gary Becker. Applying economic analysis to socio-political behaviors, such as labor market discrimination, provides valuable insight into the larger issues of human interactions. Bibliography lists 2 sources.

A 30 page paper that compares the two philosophies and how they are both applied to global economics today in regards to investment and savings. The paper presents each of the two philosophies in regards to subjectivism and rationalism/nonrationalism (chaotic order), and looks at how these affect the current environment. Bibliography lists 11 sources.

A 6 page research paper that explores the societal underpinnings that led to the articulation of economic theory. The writer presents the societal influences of commerce on individuals and nations and how they contributed to the theories postulated by Adam Smith, Jeremy Bentham, John Stuart Mill, Alfred Marshall, Thorstein Veblen, Karl Marx, and John Maynard ...

This 5 page paper focuses on the citric acid cycle, also known as Krebs Cycle, but contains a short section on the life of its author, Hans Adolf Krebs. The scientific discovery is explained in detail and practical applications are noted. Bibliography lists 5 sources.

An 8 page paper discussing economic ideology as it applies to the book titled, 'From Mandeville to Marx : The Genesis and Triumph of Economic Ideology,' by Louis Dumont. In this particular work the author has chosen a very definitive time period in which to theorize about the philosophy of economics. Dumont illustrates many of ...

A 16 page paper that compares the pre-capitalist and socialist views of these two theorists. The paper particularly reviews their work in light of labor, property and surplus and looks at the finer similarities and contrasts between these points. The paper briefly looks at how the antecedents of these theories have been passed down to ...

This 5 page paper changes the premises of an article chosen from the Economist and argues the antithesis. Argument focuses on macroeconomic theory primarily involving taxation of corporations and the validity of trickle down economics. Bibliography lists 3 sources.