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Papers On Economics And Economic Theory
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US Economy, 2008
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A 4 page paper discussing GDP, interest rates and the US economy in the first quarter of 2008. The economic situation is far from bright, but neither has it yet descended into recession. Fuel prices will continue to prod inflation, and at 0.6 percent GDP growth the Federal Reserve dares not increase interest rates to help cool inflation. We are not in the "throes of recession" as Greenspan has said, but it appears we are not far from it. Bibliography lists 7 sources.
Filename: KSeconIntRt08.rtf

Using Futures to Reduce Risk
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There are many risks faced by business, this 6 page paper looks at how and why businesses use futures and options at a microeconomic level. The bibliography cites 5 sources.
Filename: TEfutrisk.rtf

Using Game Theory to Understand the Relationship Between Nations
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10 pages. Standard microeconomics provides a theory of decision-making in which the outcomes of various decisions are known. Game theory provides rational solutions when the outcomes are uncertain. Game theory has proven very useful in the study of many things such as oligopoly markets in which each participant must take account of the reactions of its competitors. For the purpose of this paper the writer considers the use of game theory in understanding the relationship between the member nations of the United Nations. This is an intriguing and enlightening look at both the concept of Game Theory in Economics as well as the relationship between various nations. Bibliography lists 10 sources.
Filename: JGAgamet.rtf

Using the Determinants of Demand to Make Strategic Business Decisions
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This 4 page paper looks at the five determinants of demand and considers the way in which they would be useful in strategic management of the business. Using the example of the bar the different determinants of demand and the way they can be used discussed, including influences of price, disposable income, advertising, complement in competing goods and fashion or trends discussed individually. The bibliography cites 2 sources.
Filename: TEbardem.rtf

UTILITY, CONSUMER SURPLUS AND VOLUNTARY EXCHANGE
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This 3-page paper attempts to answer concepts in consumer surplus and utility. Bibliography lists 2 sources.
Filename: MTeconcons.rtf

Various Theories of Economic Justice
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5 pages in length. Problems of economic justice occur in societies in a natural form whenever legitimate rights claims come into conflict. The study of justice, economic justice in particular, is an important endeavor to discover the success of any society that wishes to consider equivocally these conflicting economic claims. In today's society especially, these claims can occur quite often and are claims most often in regard to material needs, goods for sustenance, wealth, and the institutions and systems that accompany them. This paper looks at this justice as outlined mainly by Rawls and Nozick, and the opposing viewpoints of each. Bibliography lists 3 sources.
Filename: JGAecojs.wps

Varying Political Reactions to Globalization: Examples from Latin America
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A 6 page overview of the varying reactions from political bodies and regimes to globalization. Traces the evolution of globalization from the concept of neoliberalism and to its origin in Latin America. Provides examples from this area as to impacts of globalization and neoliberalism and the consequent reactions of various countries, particularly Mexico. Bibliography lists 7 sources.
Filename: PPglobl.wps

Vasicek and His Theory on Term Structure; Theory and Impact on Subsequent Literature
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This 14 page paper examines the theory put forward in Vasicek’s 1977 paper “An Equilibrium Characterization of the Term Structure” published in The Journal of Financial Economics. The paper then considers the way the model has been developed and influenced later models. The bibliography cites 20 sources.
Filename: TEvasicek.rtf


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