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Papers On Economics And Economic Theory
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Three 'Most Important' Concepts
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An 11 page paper discussing the business cycle, GDP and globalization. These three concepts need to be viewed as the most important to globalization and to the health of individual national economies. They are all interrelated, and none can stand alone. As globalization intensifies, national economies are becoming more aligned and dependent on each other as well. Several charts and tables. Annotated bibliography lists 7 sources.
Filename: KSeconUS01.RTF

Thurow's Future of Capitalism (Book Review)
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This 8 page paper takes issue with this economist's book. Lester Thurow's work is discussed in depth. The thesis of the paper is that America will be great in the twenty-first century even if things remain the same, a view contrary to Thurow's. No additional sources cited.
Filename: SA024Thu.rtf

Timing a Business Expansion
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A 3 page paper assessing the likely course of interest rates between the end of 2004 and the end of 2005 into mid-2006. A company plans a business expansion for which it will need to borrow money, and it wants to originate its loan at the optimum time. The paper examines current economic conditions, business press articles and current business trends to conclude that interest rates may rise in the future, but it is unlikely that they will decline below current levels. The recommendation is that the company proceed with its expansion plans now, rather than waiting for another year. Bibliography lists 3 sources.
Filename: KSeconUS10-04.rtf

Traditional and new models of development
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A paper which compares the traditional perspective of development with the newer economic view, which moves away from an emphasis on growth alone, and looks instead at the issues from a much broader perspective, which approaches the problem from the standpoint of improving quality of life, rather than just levels of income. Bibliography lists 1 source.
Filename: JL2devnt.rtf

Transaction Costs and the Reason for the Existence of Numerous Firms
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This 5 page paper considers why transaction costs increase the number of firms in the market and also create firms as well as change and develop internal structures within an organisation. Theories of Hayek and Coase are considered and examples are used to illustrate the impact in the real world. The bibliography cites 4 sources.
Filename: TEtranco.rtf

Trickle Down Theory
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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.
Filename: Trickle.doc

Two Part Tariffs and the Consumer Surplus
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This 8 page paper explains how firms try to extract consumer surplus using two part tariffs, theory and examples as used including the utilities and information and telecommunications industries. The bibliography cites 9 sources.
Filename: TEconsurplus.rtf

U.S. Economic Forecasts
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This 7 page paper provides information on the U.S. economy in 2002 as well as forecasts for the future, primarily through 2004. Information is derived from The Conference Board, the Office of Economic Analysis, and the Cato Institute. Bibliography lists 5 sources.
Filename: SA222eco.rtf


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