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Economic Principles Applied to Pharmaceutical Companies
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This 11 page paper applies a number of economic principles to pharmaceutical companies in the way in which they produce and then sell drugs. Pharmaceutical companies can produce drugs for only pennies a pill. These companies are protected by patent laws for new drugs they develop and with a patent protecting their product; they have an effective monopoly on the drug. If this drug is sold at marginal cost, no new drugs would ever be developed as the company must take into consideration the research, development and the drug approval costs which must be recovered. The company must find a balance in maximizing profits (as a monopoly) and having their marginal revenue cover their high initial costs (in order for consumers to afford their product). This paper discusses order these principles and includes 2 supply and demand graphs to illustrate the points raised in the paper. The bibliography cites 5 sources.
Filename: TEdrugprice.rtf

Economic Questions
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6 pages in length. Answers economic questions pertaining to economic imperialism, how domestic economy can affect international economy, and why a nation that once endorsed free trade might decide to endorse protection. Bibliography lists 3 sources.
Filename: JGAdomec.wps

Economic Questions and Answers on Inflation, Interest Rates Recession, and the Bond Market
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This 3 page paper answers questions posed by a student on the economy. Various topics are explored. The paper is written in essay format. Bibliography lists 3 sources.
Filename: SA334eco.rtf

Economic Questions and the Concept of Elasticity
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This 6 page report discusses six separate issues related to economics and price and demand elasticity. Issues affecting the relationship between prices and advertising are considered. A comparison of French and Australian wines and the equilibrium price of French wines and how it relates to a poor harvest are discussed. Opportunity costs, the indifference curve, the relationship between price elasticity of demand at the local movie theater, and the demand for oil in the face of increased oil prices are briefly discussed. No sources listed.
Filename: BWecoela.wps

Economic Realities of Socialism and Capitalism
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This 6 page report discusses the economics of both socialism and capitalism and how they are unique in terms of ideologies, overall politics, and their long term impact on a nation and its people. Certainly, socialism as practiced by the Soviet Union was very different from that of the socialists of France. Likewise, capitalism in the United States is obviously different from capitalism that is now becoming part of the nations of the former Soviet Union. Bibliography lists 5 sources.
Filename: BWcapsoc.wps

Economic Scarcity
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A 6 page paper answering 8 questions about economic scarcity. The questions require comparison of countries such as the US, Russia, Japan, Iran, Nigeria and others in terms of factor endowments of population, literacy rate, land area, GDP and other measures as reported in “The World Factbook 2002.” Includes several charts and tables. Bibliography lists 3 sources.
Filename: KSeconScarcity.rtf

Economic Schools of Thought Affecting the United States
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10A 10 page paper determining which economic school of thought has had more influence on the United States' economy over the past five years. Though the paper considers Keynes, the economist providing the most comprehensive and workable school of thought affecting the US in recent years is Adam Smith, specifically some of the principles identified the Wealth of Nations in 1776. Bibliography lists 5 sources.
Filename: KSeconSchoolUS.rtf

Economic Schools of Thought Affecting the United States
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A 10 page paper determining which economic school of thought has had more influence on the United States' economy over the past five years. Though the paper considers Keynes, the economist providing the most comprehensive and workable school of thought affecting the US in recent years is Adam Smith, specifically some of the principles identified the Wealth of Nations in 1776. Includes sources for unemployment, GDP and other indicators 2000 – 2005. Bibliography lists 5 sources.
Filename: KSeconSchoolUS2.rtf

Economic Stimulus Action
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A 6 page paper discussing the need for economic stimulus following the terrorist attacks of September 11, 2001. On September 10, 2001, the stock market was uncertain but holding its own, and many of the nation's largest companies were announcing disappointing second quarter business results. After the longest period of economic expansion known in modern times, the US economy had entered a decline that some are saying is a recession. Others are not as quick to use the dreaded "R" word, and point to strong performance in several sectors. The attacks pushed the already-teetering US economy off the cliff, however, and the government will need to take direct action to stimulate the economy. Bibliography lists 4 sources.
Filename: KSeconStimu.rtf

Economic Strategy: Hollywood During the Golden Age
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A 9 page overview of the economic strategy launched in film production and promotion during the 1930s and 1940s. This strategy, in part, included the dynamics of film production (dynamics of the producer-unit system) and the alliance between studio systems and exhibitors, alliances established through vertical integration. One of the most important inclusions in this economic rationale, however, was the "bankable" star system. Bibliography lists 5 sources.
Filename: PPfilmEc.rtf

Economic Stratification in the U.S.: Applicability of the Weberian and Marxian Social Class Models
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A 3 page discussion of the economic polarization that is being witnessed in contemporary U.S. society. The author asserts that Weber's multidimensional model of stratification is more applicable to this scenario than is Marx's visions of the bourgeoisie and proletariat. Bibliography lists 5 sources.
Filename: PPmarx4.rtf

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