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Papers On Economics And Economic Theory
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Supply and Demand Questions
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A 3 page paper answering 4 questions about supply and demand, including price elasticities, price controls and the effects of designation of a product as a necessity. Bibliography lists 2 sources.
Filename: KSeconSupDemQ.rtf

Supply and Demand Questions
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This 5 page paper looks at 3 questions set by the student. The first looks at how the determine the change in demand when the old and new price and the level of elasticity are known, what is meant by the term ‘social costs’ and how economies of scale are realized. The second part looks at supply and demand and how this can be shown in graphs with the price shown by the point of equilibrium and how a drop in demand will impact on the market in the short and long term. The third question looks at why there has been an increased demand for bikes in London following the terrorist attacks and the impact of indifference curves.
Filename: TEsupdques1.rtf

Supply and Demand Questions
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A 7 page answer to 5 questions on supply and demand, equilibrium price and price elasticity. The paper also addresses questions on comparative vs. absolute advantage, as well as opportunity costs of production. Includes 2 diagrams. Bibliography lists 3 sources.
Filename: KSsupDeQu.wps

Supply and Demand's Effect at the Pump
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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 the effects of supply, demand and price. World oil prices continue to increase as China continues to industrialize; refinery problems in the US in 2007 further contribute to increasing prices at the pump. Includes 2 charts. Bibliography lists 4 sources.
Filename: KSeconGasPr2.rtf

Supply And Demand, Scarcity And Choice
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This 3 page paper explains the law of supply and demand, the concept of scarcity and the concept of choice. The essay then explains the interaction and how scarcity and choice affect supply and demand. Bibliography lists 3 sources.
Filename: PGspdms.rtf

Supply Side Economics
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5 pages in length. Supply side economics started with Say's Law. This was a bsic tenet of classical macroeconomics. This law says that supply creates its own demand. It concentrates on supply as the driving mechanism of the macro system and it brought into focus the idea that people worked and produced in order to consume. Also looks at Keynesian Theory and how it is at odds with supply side economics. Bibliography lists 7 sources.
Filename: JGAsuply.wps

SUPPLY SIDE ECONOMICS/REAGANOMICS AND KEYNESIAN THEORY
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This 3-page paper focuses on the difference between Keynesian economic theory (which was popular during the 1960s and 1970s) and supply-side economics (which was popularized in the 1980s during the presidency of Ronald Reagan). Bibliography lists 3 sources.
Filename: MTkeysup.rtf

Supply Side vs. Keynesian Policies
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7 pages. Many governments of developed countries are adopting supply side strategies as well as Keynesian type demand-management policies in order to deal with the problems of unemployment and inflation. This paper will serve to explain and illustrate how these two types of policies work and will consider whether they are compatible. Considered will be Western and European countries and how these techniques have worked for them. Bibliography lists 15 sources.
Filename: JGAsplsd.wps


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