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Papers On Economics And Economic Theory
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The Social Cost of Monopolies in the UK
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This 7 page paper critically evaluates the view that the social cost of monopoly is significant in the UK. The paper considers some different views of social costs and considers how these may have manifested within the UK. The bibliography cites 5 sources.
Filename: TEsocialcost.rtf

The State of the Economy / 2Q 1997
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A 5 page paper examining the state of the US economy just before the beginning the government's 1998 fiscal year. For seven years, the economy had been in a growth phase but also with the lowest rate of unemployment since 1973 and an inflation rate of only 2.2%. Things had been so good for so long that some mainstream economists claimed the standard model of the business cycle was obsolete, a statement made by an MIT economist in 1969 just before the advent of the worldwide recession of the early 1970s. Bibliography lists 9 sources.
Filename: Econ97.wps

The State of the U.S. Economy
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This 10 page paper provides an overview of the U.S. economy and things that affect it. Financial markets within the U.S. and worldwide are the focus of this paper. The paper supports the idea that the economy is not heading towards a major recession. Bibliography lists 8 sources.
Filename: SA111eco.wps

The State of the U.S. Economy: Aftermath of the September 11, 2001 Terrorist Attack on the World Trade Center and Pentagon
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A 6 page overview of the contemporary state of the U.S. economy. Analyzes the effect of the destruction of the World Trade Center, the partial destruction of the Pentagon, and the consequent perception of a continued terrorism on the economy. Asserts that while the economy was at a low even before the attacks, it has suffered significantly as a direct result of those attacks. Includes data which backs up those assertions. Suggests that appropriate means are being taken to stabilize the economy and that the U.S. government, business, and individuals alike play an important role in that stabilization. Bibliography lists 8 sources.
Filename: PPusEcon.rtf

The Stock Market and Spending
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This 6 page report discusses how the rise and fall of the stock market has an impact on spending. In any circumstance in which a particular stock rises or falls, it is important top consider a number of factors that have resulted in such fluctuations and the direct impact those factors have on a business, its products, and the how the business’s customers react. The enormous increases in the stock market between 1995 and 2000 motivated spending and allowed for great confidence in the U.S. economy. In the first years of the 21st century, it appears that the trend is certain to cycle around once again and result in the opposite results of higher unemployment, higher inflation, a less robust stock market and the related drop in spending. Bibliography lists 4 sources.
Filename: BWstspen.wps

The Stock Market as an Efficient Market
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This 6 page paper argues that the stock market may be seen as a very efficient market where share prices will always represent the underlying intrinsic value of the shares, even where there is an asymmetry of information. The paper uses the efficient market hypothesis (EMH), to explain this, relying on the ideas of Fama. The bibliography cites 5 sources.
Filename: TEeffmar.rtf

The structure-conduct-performance paradigm in UK retailing
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This 9 page paper considers how we can apply this model to the UK retail sector. The writers uses different sectors, such as supermarkets and clothes retailers to illustrate the different structures that are seen along with the differing conducts. The bibliography cites 12 sources.
Filename: TEukret2.rtf

The Supply Curve in Perfect Competition
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3 pages in length. Discusses the supply curve of a firm in perfect competition and whether in the short run it is the same as the marginal cost curve above the average fixed cost curve. Bibliography lists 2 sources.
Filename: JGAeces3.wps

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