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Papers On Economics And Economic Theory
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Free Market And Individual Liberty
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3 pages in length. The relationship between free markets and individual liberty is an otherwise complementary union that is suffering a tremendous setback amidst the current state of the economy. It has long been the case how America's capitalist economic system is a "fit" with the nation's principles and form of government; only recently have these constitutional tenets undergone extreme tests of their collective strength where the United States economy is concerned. The extent to which free market capitalism works synergistically with individual liberty is both grand and far-reaching; having approved more than $700 billion to bail out a broken, untrustworthy financial sector sent a strong message to the American people that saving poorly-run industries demands more attention than upholding their individual liberties. Bibliography lists 5 sources.
Filename: TLCfreemrkt.rtf

Friedman: “Free to Choose”
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This 5 page paper discusses economist Milton Friedman’s book, “Free to Choose.” Bibliography lists 1 source.
Filename: HVFreCho.rtf

Friedman: “The World Is Flat” (Sort of). Or Maybe It’s Spiky.
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This 12 page paper discusses Thomas Friedman’s popular book “The World Is Flat” and in particular, considers his thinking with regard to faith and its intersection with technology. Bibliography lists 1 source.
Filename: HVwldflt.rtf

Full Employment in the United States Economy;
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This 14 page paper considers the goal of full employment. Firstly, the paper considers what full employment actually is, and why in its definitive state it is not desirable. The paper then goes on to discuss the role of supply and demand on employment including the theories of the Classical, Keynsian and Monetarist regarding employment and related factors such as inflation. The final part of the paper then examine the role of new technology on employment by considering the fears and potential that it provides dependant on how it is used. The paper include 5 graphs and the bibliography cites 10 sources.
Filename: TEfulemp.wps

GAAP, Financial Statements
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A 3 page paper. GAAP is explained. The essay explains assets, liabilities and owner's equity, and the four financial statements of a company are described. Bibliography lists 3 sources.
Filename: PGgaap8.rtf

Galbraith's The Great Crash of 1929
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This 3 page paper provides a book review of this work by a well known economist. No additional sources cited.
Filename: SA914gal.rtf

Game Theory
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5 pages. An excellent and thorough explanation of the Game Theory of economics. Explains in detail how this theory works and how it applies in real-world situations to companies with oligopolies. Standard microeconomics provides a theory of decision-making where 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 oligopoly markets where each participant must take account of the reactions of its competitors. Bibliography lists 3 sources.
Filename: JGAgame.rtf

Game Theory
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This 5 page paper examines game theory, looking at a business application of the prisoners dilemma, and the theories of Nash, Cournot and Bertrand. The bibliography cites 6 sources.
Filename: TEgmthry.rtf

Game Theory
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This 10 page paper looks at the paradigm of game theory. The paper explains what game theory is where and how it works and the effects that it may have on a companies decision making processes. To aid understanding the paper uses an example of two companies and the outcomes that may be seen in different scenarios and the reasoning behind the formation of cartel's. The bibliography cites 2 sources.
Filename: TEgameth.wps

GAME THEORY AND MODERN MANAGEMENT
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This 3-page paper attempts to determine how game theory can be applied to an oligopoly situation. Bibliography lists 2 sources.
Filename: MTgamemgmt.rtf

Game Theory as a Decision Making Paradigm
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This 8 page paper considers a statement claiming that although Game Theory, also known as decision theory, may not be able to provide facts where there are none, that it may be seen as a model that will give a framework for the organization of thought and give increased decision making perspective. The bibliography cites 7 sources.
Filename: TEdecthe.wps


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