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Papers On Economics And Economic Theory
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POVERTY AND THE ROLE OF GOVERMENT
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This 5 page paper deals with the writings of Milton Friedman and John Kenneth Gilbraith, in regard to their view of a free market system. Their brief philosophies are presented, as well as those ideas in which they diverge from one another. Bibliography lists 2 sources.
Filename: mbpoor.rtf

Poverty Guidelines
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An 8 page paper that explains how Mollie Orshansky developed her thresholds for poverty. The writer discusses the assumptions made in her calculations and comments on the validity. The paper also provides the median income in the U.S. and selected poverty thresholds for 2004 along with the estimated amount spent on food in two categories. The threshold used by Europe is used as a comparison. The writer then comments on how impossible it is to purchase food for an adequate, nutritious diet on the amount identified. Bibliography lists 5 sources.
Filename: PGpovthr.rtf

Predictions: 2050 America
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This 4 page paper predicts what the U.S. will be like in 2050. The economy and the environment are issues discussed. Bibliography lists 3 sources.
Filename: SA92250.rtf

Price Discrimination
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This 4 page paper looks at price discrimination, explains the concept and outlines a number of ways price discrimination can take place. The second part of the paper presents Apple's iTunes as an example of price discrimination. The bibliography cites 4 sources.
Filename: TEpridis.rtf

PRICE DISCRIMINATION AND THE AIRLINE INDUSTRY
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This 3-page paper examines two articles that discuss price discrimination in the airline industry. Bibliography lists 2 sources.
Filename: MTpridisai.rtf

Price Discrimination Strategies
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This 5 page paper looks at price discrimination as a business strategy. The paper outlines what is meant by price discrimination and considers the motivation behind the adoption of price discrimination and then discusses the different ways that price discrimination may be implemented as a strategy. The bibliography cites 3 sources.
Filename: TEpricedis.rtf

Price Elasticity
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This 4 page paper defines and explains the economic concept of price elasticity and cross-price elasticity, looking at influences such as the price of complimentary and substitute goods, the role of advertising and the role of disposable income. The bibliography cites 2 sources.
Filename: TEPEdefin.rtf

Price Elasticity
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This 5 page paper explains what is meant by price elastic and how it can be used to calculate the impact of demand when a price changes and how this may impact of total revenue. The paper explains the difference between elastic and inelastic products, and how competitor may behave, with consideration of cross elasticity of demand. The bibliography cites 3 sources.
Filename: TEelast1.wps

Price Elasticity
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This 12 page paper examines the concept of price elasticity and the variables the may impact on the demand function. The paper starts with a review of the theory and then gives a practical demonstration using a fictitious survey and one inelastic product and one elastic product. The bibliography cites 6 sources.
Filename: TEpriceela.rtf

Price Elasticity and Pricing Strategy
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A 5 page paper assessing the effects of the marketing department's recommendation that a producer of an unnamed product lower prices by 10 percent. The purpose here is to assess the effects of this action on profits and competitive responses. The paper considers the 4 Ps of marketing, price elasticity issues and effects on profits with and without competitive response. The most likely reaction will be that the producer gains a great advantage early on, which will begin to decline as competitors also reduce prices. The producer will gain less benefit as more competitors follow suit, for the consumer will have many choices of product at lower prices, rather than only the one of the early days of the price reduction. Bibliography lists 4 sources.
Filename: KSmktgPriElas.rtf

Price Elasticity Of Demand - VCR Market
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This 5 page paper begins with an explanation of price elasticity of demand, price elasticity of supply and price elasticity of income, including formulas and examples. The writer then discusses the price elasticity of demand of VCRs, including data regarding sales in the late 1980s and the declining sales in recent years. Bibliography lists 5 sources.
Filename: PGelsvc.rtf


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