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Papers On Economics And Economic Theory
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Adam Smith: Theory Of Growth And International Trade
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7 pages in length. Adam Smith, considered quite universally to be the father of contemporary economics (Rouse, 1995), grew up under the watchful eye of his widowed mother and attended college on a scholarship. Clearly immersed in the principles of philosophy and logic, he ultimately turned his talents toward economics where he cultivated his popular - if not greatly debated - economic theory of growth and international trade as being founded upon the division of labor, a reality Smith (1991) claims is integral to the quest for wealth and the growth of a society. The greatest turning point in his life is unarguably when he published Wealth of Nations, which inevitably cast him 'as the fountainhead of contemporary economic thought' (The Library of Economics and Liberty, 2002). Bibliography lists 15 sources.
Filename: TLCAdamSmith.rtf
Adapting the Solow-Swan Model
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This 20 page paper examines the Solow-Swan Model, also known as the Neo-classical growth model. The model is examined and assessed, compared with the Harrod-Domar model with the aim of considering how the model could be adapted. Using the literature existing adaptations are discussed and the potential of a multiple stable steady states model. The bibliography cites 20 sources.
Filename: TEsolowswan.rtf
African Americans, Economic Empowerment, and Comparisons with White Americans
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This 9 page report discusses the economic status and financial condition of African Americans and how those factors compare with those of white Americans. Issues related to economic empowerment, the differences between economic progress, and other problems related to economic inequities are presented. Bibliography lists 10 sources.
Filename: BWempowr1.rtf
Airline Industry Model: Tight Oligopoly
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A 5 page paper discussing the industry structure that emerges as mergers and acquisitions continue to occur within the airline industry. It is not the old airlines that consistently gain highest ratings in customer satisfaction, safety, efficiency and performance, but rather Southwest - the only one that refused to operate in the same manner as the older, more established airlines. The anti-competitive bent to which major airlines cling ultimately is bad for them as well as for consumers. Whereas a loose oligopoly may be beneficial in the airline industry, one that is as highly concentrated as that which exists now is not. Bibliography lists 3 sources.
Filename: KSairOligo.rtf
Alan Greenspan
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This 4 page essay discusses Greenspan's theories and thoughts regarding the economy. It also reports the Greenspan Fed response to certain crises with comments from other experts. Bibliography lists 5 sources.
Filename: PGgrnsp.RTF
Alan Greenspan's Significance to Society
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This 6 page paper takes a look at Alan Greenspan's policies and his role as chairman of the Federal Reserve. Why this man is applauded is evaluated. Economic theory and his policies are discussed. Relevant biographical information is included. Bibliography lists 7 sources.
Filename: SA237Al.rtf
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