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Papers On Economics And Economic Theory
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Basics in Economic Thought: Keynesianism versus Monetary Policy
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This 3 page paper provides this classic debate as it respects Keynesianism versus monetarism. This paper explains the basic premises concerning the two different points of view. Bibliography lists 4 sources.
Filename: SA543eco.rtf

Baudrillard and Weil: Two Concepts of Consumer Society
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This 7 page paper considers each sociologist's concepts of the consumer society, which are sometimes complementary and sometimes conflicting, and what we can learn from them by applying the opposing viewpoint. Bibliography lists 5 sources.
Filename: HVBauWei.rtf

Baumol's Sales Revenue Maximization Model
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This 11 page paper critically evaluates the sale revenue maximization management model of Baumol, looking at what the model is and its concepts and the extent to which the managerial model of Baumol provides a useful insight into the pricing and output decisions of modern management. The low cost airline industry is used as an example to look at the concept. The bibliography cites 5 sources.
Filename: TEsalesmax.rtf

Behavioural Finance
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This 12 page paper answers three questions concerning behavioural finance. The first question looks at how and why a choice might be made when there is a certain amount of money and then a risk with a 50% chance of doubling the money and a 50% chance of loosing it all. The second question considers the rational model of efficient market hypothesis and considers whether this or behavioural finance is most accurate. The last question uses behavioural finance to explain the boom and bust cycle seen in stock market, such as with the dot com fall. The bibliography cites 16 sources.
Filename: TEbehfina.rtf

Ben & Jerry's From a Microeconomics Perspective
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This 5 page paper defines some microeconomics terms. Ben & Jerry's is discussed in terms of corporate citizenship and how it performs as an individual actor in addition to the elasticity and pricing of its products. Bibliography lists 5 sources.
Filename: SA637mic.rtf

BENJAMIN GRAHAM AND HIS CONTRIBUTION TO FINANCE
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This 7-page paper covers Benjamin Graham, the "father of value investing," his theories and how they've impacted the financial community. Also discussed is how his views would impact a student's investing decisions today. Bibliography lists 3 sources.
Filename: MTbengra.rtf

Beyond Growth: Daly and Girard
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This 3 page paper gives an outline of Herman Daly's book "Beyond Growth" and a brief discussion of it, and speculates on what Rene Girard would think about it. Bibliography lists 5 sources.
Filename: HVBGrRev.rtf

Beyond Growth: Daly and Girard and a Steady-State Economy
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This 3 page paper gives an outline of Herman Daly's book "Beyond Growth" and a brief discussion of it, and speculates on what Rene Girard would think about it. Bibliography lists 7 sources.
Filename: HVBGRev2.rtf

BIG DRIVE AUTO AND MACROECONOMICS
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This 3-page paper focuses on macreconomic trends and how they impact a fictitious car sales company Big Drive Auto. Bibliography lists 1 source.
Filename: MTbigautoa.rtf

Bob Evans Farms, Inc.
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A 4 page paper discussing current conditions at this restaurant operating company; examining economic indicators; and discussing the relative value of economic indicators for business planning. Bob Evans operates in the pure competition market structure, and as such, has the ability to affect only itself and its own results. The paper concludes that economic forecasts can provide a “best guess” for future conditions, but as no one knows precisely what the future holds, they cannot be expected to be totally accurate. Bob Evans’ best course of action is to turn its attention to product, price and promotion, three of the 4 Ps of marketing. Bibliography lists 4 sources.
Filename: KSeconBobEvans.rtf

Bolstering Taiwan's Economy Through Arms Procurement
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A 35 page paper discussing changes in Taiwan's economy in the early years of the new century and the growing threat of mainland China. Taiwan's defense spending has declined dramatically over the past several years as there has been internal disagreement over the total cost of matching China's increased defenses. This paper reviews the course of economic history of Taiwan and the strained relations that continue between China and Taiwan even though the two are increasingly economically interdependent. It also demonstrates that renewed arms procurement activity in Taiwan would serve several purposes and would have the effect of bolstering Taiwan's economy as it moves from manufacturing to services, the natural progression of an increasingly maturing economy. Includes an abstract. Bibliography lists 24 sources.
Filename: KSeconTaiArms.rtf

Book Review of “Irrational Exuberance” by Robert Shiller
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This is a 5 page book review of Robert Shiller’s “Irrational Exuberance” (2000). The publication of Robert Shiller’s book “Irrational Exuberance” in 2000, took investors by surprise as it was a criticism and analysis of the recent increased trends in the stock markets. Essentially, Shiller states that the increase in the stock markets is a result of several cultural, sociological and psychological elements and not based on an increase of “real value”. He admits that there are many factors involved, including the introduction of the Internet into American homes and an increased awareness of the stock market in the media, but he ascertains that the real increase in based on the “herding” effect of social rational humans who follow popular trends. Despite the increase in the markets, Shiller cautions investors to keep their portfolios diversified and not dependent on the stock market because based on past historical increases in the market, this increase will also be followed by a decade of mediocre returns. Because of this good advice and words of caution, the book is considered worthwhile to read especially for anyone considering loading their investments into the stock market. Bibliography lists 4 sources.
Filename: TJShill1.rtf


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