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Economics Essays

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    Economy 2003
    This paper compares statistics for 2002-2003 with an article about tax amnesty, and concludes that the article does not agree with the statistics.

    Précis: An Economic Theory of Democracy
    This paper is an examination of the book An Economic Theory of Democracy by Anthony Downs.

    Normative Issues
    This paper explores the application of normative issues to globalization, in particular the expansion of American business interests overseas. Includes a brief outline.

    Economic Scarcity
    This paper argues that markets, not government, are better regulators of economic scarcity.

    Political Uncertainty Index, Presidential Impeachment: So What?
    The Political Uncertainty Index is not a valid indicator. It only points to what investors believe others will do about news of political instability.

    THE ECONOMICS OF RECREATION AND TOURISM PLANNING
    The need for some sort of organized basis by which tourists are encouraged to spend their money is necessary. In order to obtain this level of economic success, however, several considerations...

    Foreign Direct Investment: Differences Between Policies of China and Japan
    Emerging economies are making the transition to open market systems and attempting to attract the capital necessary for infrastructure and production through foreign direct investment. Japan and...

    Globalization and the Political Economy of Africa
    Africa has not experienced the same level of success in the initial phases of the expanding global economy as have other developing areas. To do so will involve changes in broad areas including...

    The New Economic Program and its Place in Soviet History
    This paper examines the program, analyzing its effect on the Soviet economy, people, and party. It finishes with a brief examination of the Soviet movie, Bed and Sofa, and discusses how the movie...

    Policy on the Expanding Economy and Interest Rates
    Given the latest statistics and leading economic indicators, it appears that two potential effects of growth vs. costs may be imminent: problems in the stock market and inflation. Why this is...

    Regionalism versus Free Trade
    Advocates of free trade opine that growing economic prosperity worldwide owes much to the increase and liberalization of trade; however, political and social issues arise from factions favoring...

    The Impeachment Trial: Its Effects on the Economy and Financial Markets
    How did the markets and the economy react to the political hot potato of the president’s impeachment trial, or did was it affected at all, and why?

    Milton Friedman: Capitalism and Freedom
    This paper analyzes Friedman’s book about free market economics.

    Reaganomics I
    This paper discusses the economic policies known as “Reaganomics,” with specific references to the theory of “trickle-down economics” and the welfare state.

    Tourism and Economic Growth in Europe
    This paper examines the connection between economic growth and tourism in Europe

    The Belgian / U.S. Economies
    This paper compares the Belgian and U.S. economies with regard to economic trends, inflation, and major industries.

    The Effect of Short Term Interest Rates on Unemployment
    The release of rising unemployment rates spurred hopes of deflecting the high interest rate hike expected when the Open Markets Commission next meets. This paper examines the interrelationship...

    The Effects of E-commerce on Economic Productivity
    The concept of e-commerce has grown to include more than just selling to consumers; it now describes a whole interconnected network of marketing, merchandising, technological development and...

    Economic Development and Democratization
    This paper discusses the theory that economic development leads to democratization (i.e., a democratic form of government).

    Economic Trends in Chile, Russia and Japan
    Explores the ways in which these three countries have compared in economic performance since 1973, and why, with specific examinations of economic trends, such as privatization, and external...

    Capitalism and the Laws of Motion
    A comparison and contrast paper about the political and economic theories of David Ricardo and Karl Marx. The theories share two important features: a labor theory of value and a prediction of the...

    Global Warming: What Drives Us
    A discussion of global warming and how it has impacted the U.S. economy and the global economy – and how it will impact economies in the future. Also offers a brief description of global warming...

    Central Banking in a Free Market Economy
    This paper deals with the way in which the Federal Reserve might operate in a free market economy.

    Collusion, Coercion, and/or Conflict in the South Korean Miracle
    A look at the influences involved in South Korean economic development from 1960 to 1990

    Globalization and Indigenous Peoples
    This paper examines globalization and the effect various aspects of the phenomenon have had on people in various cultures.

    Communism to Capitalism-Hungary and Michelin Work
    This paper discusses the emerging capitalist economy in Hungary, along with a description of the Michelin Company and its investments there.

    Issues in Macroeconomics
    Summaries of 10 articles dealing with current issues in macroeconomics, including inflation and unemployment.

    Macroeconomics Issues
    Summaries of 10 articles dealing with current issues in macroeconomics, including inflation and unemployment.

    Economic Aftermath of September 11
    Discusses the results of the 9-11 terrorist attacks on America, with regard to lingering effects on an economy that was already headed for a recession.

    Inflation and Microeconomics
    A discussion, utilizing recent media reports for examples, of the ways in which inflation is affected by and affects a number of microeconomic factors.

    Analysis of the Flat Tax Proposals
    A discussion of two flat tax plans currently being discussed by legislators-a flat national sales tax and a flat income tax rate. Explains the details of each plan and how they are different, and...

    The Wealth and Poverty of Nations Supplemental
    In this paper, there will be a very brief discussion on the contents of a previously written paper entitled “The Wealth and Poverty of Nations” in which the book The Wealth and Poverty of Nations...

    Cashless Society
    Abstract: In this paper, there will be a discussion on the cashless society and the primary questions being asked will be 1) how such a society would work and 2) how it would ultimately affect our...

    The Minimum Wage
    A discussion of the minimum wage . Written from the opposition that raising the minimum wage promotes growth and has a positive impact on the economy .

    Consumers , Investors and the Government : Present Economy
    Argues that the consumer is facing high employment and higher wages lending to better retail sales in the current economy . Also discusses the present situation with inflation and investment .

    Substitution and Income Effects
    Discusses the common economic principles of the substitution effect and income effect .

    Market Structures
    Compares the market structures of Monopoly and Perfect Competition

    Protectionism: Cause and Effect
    Argues that Protectionist laws, or laws that keep foreign goods out of the country, cause more harm than good, including lost jobs and higher taxes.

    The Macroeconomies of Canada and United States
    Compares and Contrasts the performance of the American and Canadian economies in terms of several macro economic factors such as unemployment, balance of payments, rate of inflation, national...

    Microeconomics of Government
    Provides a basic introduction to the economic principles of supply and demand, and defines microeconomics. The report then applies microeconomics to government. Government is a business like any...

    An Analysis of Irving Fisher's Rate of Interest
    Presents Irving Fisher's theory of interest as expressed in his book , Rate of Interest, and discusses how his theory is a psychological explanation of interest rates over time .

    Hayek's Theory of the Economic Cycle and Centralized Government
    Discusses the economist F.A. Hayek's argument that central government caused the cycles in the economy . Also discusses the results of both planned and unplanned economics .

    The Microeconomics of Canadian Healthcare
    Analyzes the Microeconomics of Canadian health care. Examines the questions of how and what is the place of government as a producer and how does this effect the other elements of microeconomics,...

    The Success of NAFTA
    Details the economic impacts of the North American Free Trade Agreement (NAFTA) over the first 3 years of its existence. Argues that the agreement has been an overall success as wages and...

    An Evaluation of NAFTA
    NAFTA was formed to promote a climate of fair marketing, improve investment opportunities, and protect industrial and intellectual property rights. This report discusses the conditions that...

    American Macroeconomics in the 1990's
    This paper will discuss general macroeconomic progress during the 1990s. The four macroeconomic factors of: Trade, Industrial Production, Inflation, and Employment will be evaluated as a whole...

    John Kenneth Galbraith's The Culture of Contentment
    Examines the social and economic implications in John Kenneth Galbraith's The Culture of Contentment . It also proposes an alternative to Galbraith's claim that success of our political system...

    Adam Smith's Views of the Stock Market in The Money Game
    Utilizes Adam Smith's The Money Game to explore the role of the stock market in the economy.

    Chesapeake Bay and the Mid-Atlantic States
    Analyzes the economic effects of the Chesapeake Bay on the Mid-Atlantic States . Also evaluates the economic and environmental impact of pollution and over-harvesting of the Chesapeake Bay .

    The Scale and Scope of a Firm
    Discusses the many factors a firm's economy of scale as well as its scope and examines how these factors relate to the economies of scale and scope in various industries .

    The Growth of the Consumer Society
    Analyzes the emergence and growth of consumer society in the modern era and its impact on daily life.

    Government Subsidies
    Discusses the use of government subsidies and evaluates their economic impacts using supply and demand framework . Includes one chart .

    Health Care Economics
    Explores the demand and supply cycle of health care in the United States , and the factors that contribute to escalating medical insurance costs .

    The Recent Rise of Wages : Reality or Myth?
    Examines David Wessel's article in the July 17 , 1998, edition of the Wall Street Journal which discusses whether or not the real wage trend is actually on the rise .

    J.C.L. Sismondi
    Discusses the economic thoughts of economists and historian Simondi including his views on capitalism and its inherent trend toward overproduction .

    Anti-Trust and the New Economy
    The United States is committed to a capitalistic system in a free market economy. Anti-trust laws prevent any company or entity from inappropriately inhibiting competition through the use of...

    Applying Economic Models
    Applies the Production Possibilities , the Supply and Demand , the Aggregate Expenditure , and the Aggregate Supply and Demand Models to a specific case scenario . *Includes graphs

    The U.S. Dollar vs. the Yen
    Illustrated how the strong dollar hurts U.S. exporters while promoting a strong U.S. economy . Also discusses the history of trade between Japan and the United States .

    The Flat Tax vs . Income Tax
    Discusses the Flat Tax article by Mitchell as pro a flat tax system which doesn't work . Argues that the flat tax reform of the present tax system would favor only the wealthy and flatten the...

    Auto Industry Effects on U.S. Economy
    For the most part, the auto industry and the U.S. economy seem to impact each other positively. The auto industry continues to employ a lot of people, people who pay taxes, as well as put some of...

    Flat Tax Implementation
    Discusses the Flat Tax proposal of Armey and Forbes and the effects it would have on the country . Argues that implementation of a flat tax reform in the present tax system would favor the wealthy...

    Dependency Theory
    Discusses Dependency Theory , the notion that third-world countries are tied to developed nations economically . Specifically relates this well-known theory to Asia and the Mexican economy as it...

    Reaganomics
    Argues that a decade of supply side economic policy under President Ronald Reagan was detrimental to the nation .

    Flat Tax vs. Income Tax
    A position essay presenting the flat tax as superior to the income tax on issues such as horizontal equity , efficiency , and simplicity .

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