ESSAYS -
LIST OF AVAILABLE ESSAYS ...
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Is Choice In A Household The Same As An Individual Choice?
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This 3 page paper looks at economic theory and considers the way in which households and individual make their decisions with reference to issues such as choice and utility. The bibliography cites 5 sources.
Filename: TEhoushold.rtf

Is Outsourcing Leading to an Economic Decline in the U.S.?
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This 3 page paper explores the contention that outsourcing is leading to an economic decline in the U.S. Bibliography lists 1 source.
Filename: HVOutDec.rtf

IS Schedule and Changing Economic Stability
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This 5 page paper provides an overview of two distinctly separate questions, one which outlines the view of the introduction of communication technology (information systems) and the implications through the view of a decision tree, and the second relates the link between aggregate supply and aggregate demand as they shape a view of economic shifts, employment and wages. Bibliography lists 3 sources.
Filename: MHISWage.rtf

Is the Stolper-Samuelson Theorem Still Operational?
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A 7 page paper discussing unexpected wage movements in international trade. International trade theory says that as international trade increases, the wages of the unskilled labor of developing countries will rise, and to the detriment of the wages of skilled labor in rich countries. Not only has this not been the case in many instances, there are developing nations in which the pattern also has not held. The purpose here is to discuss the applicability of the Stolper-Samuelson Theorem to determine its continued usefulness. Bibliography lists 4 sources.
Filename: KSeconStolpSam.rtf

Is there link Between Book Values and Share Prices?
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This 45 page paper looks at share prices to examine book value of equity, book value per share, market price of the stock and their interdependency. This is assessed with the examination of various models which consider these factors either directly or indirectly, including Edwards-Bell-Ohlson Models (EBO), Dividend Discount Model (DDM), Capital Asset Pricing Model (CAPM), Efficient Market Hypothesis (RMH) and also the system used by Warren Buffett. The bibliography cites 22 sources.
Filename: TEsharebook.rtf

Issues Concerning Price Elasticity
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This 3 page paper looks at the concepts and ideas that may need to be considered when looking at a case study concerning price elasticity. The bibliography cites 2 sources.
Filename: TEperelasticity.rtf

Issues in Microeconomics: Health Care Costs and US Tax Structure
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A 5 page paper discussing two issues in microeconomics: Medicare affecting the incentives to consume medical services and the structure of US income tax system. Medicare controls all of US health care by virtue of its automatic price increases and control over care providers’ ability to deviate from the Medicare price structure. Insurance companies follow Medicare’s lead. Discussion of the US tax system focuses on the Laffer curve and its expression in “Reaganomics.” Bibliography lists 3 sources.
Filename: KSeconMicTaxMed.rtf

Japan and Germany and the Impact of Globalization on Industrial Relations
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This 12 page paper examines these two countries after looking at literature related to globalization and industrial relations. Separate sections on Japan and Germany examine these two nations specifically. A review of literature regarding globalization and industrial relations is included. Bibliography lists 10 sources.
Filename: SA452glo.rtf

JAPANESE EMPLOYMENT AND ECONOMIC GROWTH
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This paper examines the Japanese Employment System that was formed in the aftermath of World War II and its impact on the current Japanese economy. The essay examines the history of this system and how it is changing in response to the current recession in Japan. Bibliography lists 8 sources.
Filename: MTjapeco.rft

Jeffrey Madrick's 'The End of Affluence / The Causes and Consequences of America's Economic Dilemma'
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This 5 page report discusses the 1995 book written by economic reporter and financial editor Jeffrey Madrick. Bibliography lists one source.
Filename: Jmadrick.wps