ESSAYS -
LIST OF AVAILABLE ESSAYS ...
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Exchange Rate Questions
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This 7 page paper answers three questions set by the student. The first looks at what will happen to the nominal exchange rate and domestic interest rates if a countries exports fall, and how different actions by the government will impact on the exchange rate and interest rate. The second question considers the impact of printing more money on the exchange rate and the local economy. The last question explains the incompatible trinity also known as the impossible trinity or the unholy trinity and shows how this is seen in real life. The bibliography cites 1 sources.
Filename: TEintrinty.rtf

Exchange Rate Theories
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This 5 page paper outlines various exchange rate theories and their accuracy. These include Purchasing Power Parity (PPP), Covered Interested Rate Parity (CIRP), Uncovered Interested Rate Parity (UCIRP), The Monetary Approach and the Monetarist Model. The bibliography cites 6 pages.
Filename: TEexcthr.rtf

Exchange Rates Models;
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This 6 page paper consider the reason for exchange rate movements and way an interest rate change in one country will impact on another. The impact of changing interest rates on the aggregate expenditure and aggregate supply is also considered. The bibliography sites 5 sources.
Filename: TEexcmod.wps

EXPECTED CASH FLOW - QUESTIONS AND ANSWERS
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This 5-page paper covers the FASB Concept Statement 7, which details fair value of cash flows. Issues discussed include the basis of the concept, what was done prior to the concept and whether this statement is a good method by which to measure fair value.
Filename: MTexcafl.rtf

Experimental Economics
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A 5 page research paper exploring the history and use of experimental economics in today's world. While the history of experiments is long in the field of economics, it is only in the last decade that the evidence collected has received any credibility, thus its uses are becoming wide-spread stretching into all arenas. One of those arenas is corporate takeover. It is clear this can be a valuable process to use in these decisions.
Filename: Expecon.wps

Explaining Utility Maximization with the Use of Indifference Curves
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This 10 page paper explains the way in which consumer utility maximization takes place. The paper considers the way in which utility can be measured at different budget levels with reference to total utility and marginal utility. The use of indifference curves is explained and utility maximization is demonstrated with reference to budget and indifference curves. The paper ends by considering why a consumer may be disadvantaged in utility terms if the price of one good increases. The paper includes several graphs to illustrate the points raised. The bibliography cites 12 sources.
Filename: TEutmaxim.rtf

Externalities and the Role of Government Intervention
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This 5 page paper explains externalities, what they are how they may cause market inefficacies or market failure and the way that the government may intervene. The bibliography cites 7 sources.
Filename: TEextern.rtf

Externalities of SUVs
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A 7 page paper answering several questions regarding the supposed negative externalities of SUVs. All light trucks protect their passengers better than do light cars, but drivers of cars die at much higher rates than do drivers of SUVs. Several authors blame light trucks for being more dangerous, but their analyses appear to be inaccurate. Rather than penalizing SUV makers and drivers, the paper suggests that policy improvements focus on improving the safety factors of cars. Bibliography lists 4 sources.
Filename: KSeconSUVs.rtf

Factor Price Equalization
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A 7 page paper. Protesters of globalization complain that it contributes to the destruction of local cultures and imposes not only American, but corporate values on the local populace. It seems that few consider the benefits of free trade and the manner in which it favors democracy over more controlling forms of government. While the philosophers thrash out the relative social value of free trade, economists can provide information that can establish cost-benefit data for analysis. The patterns are clear among open political systems in which individuals are free to become manufacturers and those manufacturers can choose to export the goods they make. Bibliography lists 10 sources.
Filename: KSfactorPrice.wps

Factors that Impact on the Level of Economic Prosperity
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This 4 page paper is written in 3 parts. The first part of the paper discusses the factors which may help to influence economic prosperity such as low interest rates economic stability and an educated workforce, the second part of the paper looks at the factors which may be associated with decline, such as unemployment, inflation and poor social conditions. The last part of the paper considers the best approach for a government that wants to stimulate growth. The bibliography cites 5 sources.
Filename: TEfactpros.rtf