ESSAYS -
LIST OF AVAILABLE ESSAYS ...
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New Classical Economics
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This 10 page paper looks at the New Classical theory of economics, what it is how it is developed and argues that this is a very valuable economic theory. The theory is compared to the New Keynesian approach and assessed for flaws as well as its' positive points. The bibliography cites 9 sources.
Filename: TENewclassical.rtf

NEW CLASSICAL MODEL OF ECONOMICS
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This 3-page paper focuses on the assumptions and predictions of the new classical model of economics. Also included in this paper are policy implications and analysis pertaining to this theory. Bibliography lists 1 source.
Filename: MTncmeco.rtf

New Deal Economic In A 'Big Deal' World
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This 5 page paper looks at the economic issues and pertinent theories inclusive within the idea of privatization of social services. Bibliography lists 4 sources.
Filename: KTunnmtg.wps

New Keynesian Macroeconomics Versus Real Business Cycle Theory; Can they be seen as Complimentary Theories?
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This 12 page paper agues that these two schools of macroeconomic thought are not as contradictory as assumed, and that in reality real world applications can be seen as a synthesis of these two models. The bibliography cites 5 sources.
Filename: TErbctnk.rtf

Newfoundland Fisheries and the Industrial Location Model
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This 14 page paper looks at the Newfoundland fisheries. Starting with some background it then applies economic theory to the case. Issues of the location, transportation, price, supply and demand, and the changing market are all illustrated with a series of 11 graphs which include factors such as cost, marginal cost, total average cost, normal profit, maximising profit and the way in which the decision to continue producing in the long or short term are all included in the graphs. The bibliography cites 9 sources.
Filename: TEnewfis.wps

NO Government Bailouts!
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A 7 page paper arguing against government bailout as a business alternative to bankruptcy. The paper discusses the auto industry and lessons from the rash of bankruptcies in the airline industry following 9/11. When the topic is bailout, the government needs to limit any involvement to effective guarantees that fill gaps in the interest of the people but otherwise essentially "butt out" and let market forces operate. Market forces are immensely more efficient than the federal government; it appears today that they are wiser as well. Bibliography lists 5 sources.
Filename: KSeconBailNo.rtf

Nursing Management Theory
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A 4 page paper discussing longevity of systems dependent on information processing. The statement of debate is that the more energy devoted to information processing within a system, the more likely it is that the system will survive. The paper agrees with the statement, but cautions against allowing the law of diminishing returns from becoming applicable. Additional information processing is valuable only to a point, after which the system can be seen as existing to be served rather than as being a tool in patient care. Bibliography lists 3 sources.
Filename: KSnursMgmtTheo.rtf

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Filename: mstester.rtf

Oil Price Elasticity
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A 6 page paper discussing the effect of discovery of new oil fields in Asia. The paper considers the effect on world oil markets as well as coal (as a substitute for oil), and the effect on the local economies most directly affected by the discovery and exploitation of the new oil fields. The focus of the paper is supply and demand, and the relative inelasticity of both oil and coal prices. Includes one diagram. Bibliography lists 5 sources.
Filename: KSoilPrice.rtf

OPEC'S Effect On The Economy
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This 8 page paper discuses the impact of OPEC's decisions on the American economy. The essay begins by identifying the member nations, the purposes of OPEC and its world market share. The author then goes on to explain and demonstrate how oil price increases have had a negative effect on the U.S. economy, in fact, leading to recessions. Bibliography lists 6 sources.
Filename: PGopec.rtf