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Papers On Economics And Economic Theory
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MICROECONOMICS, MACROECONOMICS AND SCARCITY
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This 3-page paper discusses how the concept of scarcity plays into the study of microeconomics and macroeconomics. Bibliography lists 2 sources.
Filename: MTmicrmacr.rtf

Microeconomics, Planning for the Future and “Brackett Heating and Air”
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This 7 page report discusses a fictious company called “Brackett Heating and Air.” The company has been able to survive the various fluctuations of the economy and the technological changes and advancements, as well as changing regulatory environment, in the heating and air conditioning industry. Brackett has been a successful, family-owned company since the late 1960s and its owners and managers are determined that it will remain successful well into the new millennium. The company’s management team is examining the impact of a number of microeconomic variables with which the company must deal and be prepared to face. They are working to develop an operational plan that will be implemented over the period of the next two years. They are also working to identify the microeconomic factors as well as broad-based economic conditions that will have an impact on the company. Bibliography lists 8 sources.
Filename: BWbraket.wps

Microsoft as Monopoly?
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A 5 page paper examining whether Microsoft has a monopoly in the context of economists' definitions. The paper discusses perfect competition, monopoly and the differences between them, and then assesses an article from Britain's The Economist in light of economists' definitions of the terms. The paper notes that Microsoft was unable to sell Explorer in the early days and was obliged to give it away in order to get it before potential users. Bibliography lists 6 sources.
Filename: KSmicroMonoEco.rtf

Milton Friedman and State Intervention
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A five page paper which sets out Milton Friedman’s recommendations for the reduction in State intervention in such issues as minimum wage regulation, social security and educational provision. The writer considers Friedman’s assertion that government intervention and regulation often has a negative impact on those which the policies are intended to benefit, and describes the alternatives which Friedman suggests. Bibliography lists one source.
Filename: JLfriedman2.wps

Milton Friedman and the Concept of Enterprise Monopoly
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A five page paper which looks at Friedman’s philosophy and arguments in Capital and Freedom and investigates his central theme with regard to the free market and the role of government in business. The writer considers how the concept of enterprise monopoly is refuted by Friedman and under what circumstances such monopolies might be successful. Bibliography lists 1 source.
Filename: JLfriedman1.doc

Milton Friedman's Views on Education
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This 5 page paper takes a look at this famous economist's ideas on education in the United States. Privatization is discussed as an alternative to the current public educational realm. Bibliography lists 3 sources.
Filename: SA230edu.rtf

Minimum Wage
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There are certain economic principles that determine the behavior of the economy. This 11 page paper argues that wages, income and unemployment are subject to the basic rules of supply and demand, albeit from a perspective that includes a social component. Bibliography lists 9 sources.
Filename: KTminwge.wps

Minimum Wage
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The first legislation to include minimum wage was the Fair Labor Standards Act - enacted in 1938. Many within the economics profession view the stabilizing of the minimum wage as a sound principle of economic analysis and policy, believing that wage increases are detrimental to the economy. Others argue that the social factors and benefits of alleviating poverty take precedence over economic considerations. This 20 page paper examines the factors contributing to the opposing views concerning the instigation of a mandated minimum wage. Bibliography lists 7 sources.
Filename: Flsawage.wps


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