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Papers On Economics And Economic Theory
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A Positive Slope on the Demand Curve – A Marketing Assessment
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A 5 page paper that critically assesses the argument that for some goods, the economics demand curve may exhibit a positive slope. Presented is an example using the current cola war between Coca Cola and Pepsi Cola and a shift in demand curve slope that could possibly occur were the equilibrium of this market disturbed. Also briefly discussed is the origin of this marketing assessment standard as introduced in Alfred Marshall's 1890 publication of Principles of Economics. Bibliography lists 3 sources.
Filename: LCcurve.doc
A Study of Inflation & Interest Rates
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This 17 page analysis focuses on trends of the nineties in relation to the economic variables, with an emphasis on Australia, Britain and the U.S. Paper includes 4 graphs and 2 charts. Economic history of each country is also presented and a relationship is shown between the three. Similarities are emphasized. Bibliography lists 22 sources.
Filename: Inflate.wps
Abolishment Of The Minimum Wage
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This 8 page paper takes a stand against the concept of the minimum wage but presents both sides of the economic argument. Trickle down economics is explained as well. Bibliography lists 6 sources.
Filename: Manecomw.wps
ADAM SMITH AND DIVISION OF LABOR
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This 5-page paper discusses Adam Smith's theory of division of labor, which states that increased productivity is due to specialization. The paper attempts to interpret the theory and demonstrate whether it is a true theory or not. Bibliography lists 2 sources.
Filename: MTadasmi.rtf
Adam Smith's Division of Labor
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A 6 page paper discussing Smith's account of the origination of worker specialization, or division of labor. It was the worker who devised improvements to make his job easier and more productive. The goal of each small invention was not to contribute to the good of society or to propel the workman into a class of 'genius,' but rather to better individuals' living conditions. Produce more, earn more, purchase more goods to make life more comfortable and enjoyable. It is a common concept today, but new when Adam Smith proposed it in The Wealth of Nations. Bibliography lists 7 sources.
Filename: KS-Smith.doc
Adam Smith's Division Of Labor
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An 8 page paper that explains Smith's thoughts on the division of labor and how this leads to a prosperous nation with examples as provided by Smith in Wealth of Nations. This is a work that is more than two centuries old and yet, Smith's words guide the work of contemporary political economists. Smith's influence is discussed along with the reasons why this work has persisted through the years. Bibliography lists 7 sources.
Filename: PGadsmlb.rtf
Adam Smith's Invisible Hand and His General Thesis on Wealth Creation
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This 3 page paper answers two questions in Q & A format. One question addresses Smith's concept of wealth creation and the other explores his "invisible hand" concept. Bibliography lists 1 source.
Filename: SA332WON.rtf
Adam Smith's Theories and Contemporary Political Strategy
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This 5 page paper provides an overview of Adam Smith's theories as laid out in Wealth of Nations. How his ideas relate to modern day Republican strategy is discussed. No additional sources cited.
Filename: SA310WON.rtf
Adam Smith's Theory of Value
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7 pages in length. This research
paper delves into the conflict of Adam Smith's Theory of Value.
When Adam Smith set forth his own Theory of Value it was vastly
different from the idealistic view of his forebears. The term
"value", in Smith's theory, corresponds largely to what is
usually termed "use-value" - the value-in-use of some good.
Within this paper we find that this treatment as well does not
always advance a theory that is in all ways sound. Bibliography
lists 12 sources.
Filename: JGAvalue.wps
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