Economics Essays
21 Essays on Economic Theory
Excellent Standard
Features:
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written to a Degree Level as aprt of an undergraduate economics course
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shorter Essay Papers to Extended Essays - from 1500 to 8500 words
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fully harvard referenced as required
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available in word versions
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cut, paste, edit to suit your requirements
Contents
Present a report, which outlines and evaluates the main contributions Friedrich Von Hayek (1889-1992) made to our understanding of macroeconomics.
Explain why managerial theories of the firm have developed, and how the predictions from these models differ from those of the profit maximising approach.
Existence Value
The Theoretical Case for and Against its Use in Cost Benefit Analysis
WHAT IS THE CIRCULAR FLOW OF INCOME? EXPLAIN AND ILLUSTRATE UNDER WHAT CONDITIONS THE FLOW WILL EXPAND OR CONTRACT AND THE CONCEQUENCES FOR INCOME AND THE PRICE LEVEL. MAKE CLEAR ANY ASSUPTIONS YOU MAKE.
Outline and critically assess the validity of the efficient market hypothesis (EMH)
“Examine the major areas of disagreement between Keynesians and monetarists. Comment briefly on the view that their disagreements are as much a matter of ideology as of economics.”
“In oligopoly markets price and output decisions are indeterminate.” Explain and discuss.
What implication does the permanent income hypothesis of consumption have for the value of the multiplier in the short- and long-run?
Describe the three market types monopolistic, oligopolistic and competitive.
Discuss how different models of the market help us understand how markets work. Copyright ebay member karl242424
Is the Consumer Always Sovereign in the Free Enterprise Market Economy?
ADAM SMITH
Outline Keynes’s analysis of the stock market as set out in chapter 12 of The general theory of Employment, Interest and Money showing how he reaches the policy proposal that investment market should be made less liquid. Consider whether for Keynes the stock market can be viewed as an efficient institution.
DISCUSS MARX’S THEORY OF VALUE BY FOCUSING ON ABSTRACT AND CONCRETE LABOUR
Ideological Cement for the Global Economic Order – A Gramscian Analysis of the Third Way Copyright ebay member
The theory of inter-temporal choice tells us that students should be willing to invest in higher education in order to acquire greater future earnings. Can this help economists decide at what level fees should be set? Discuss the limitations of this theory as it applies to the market for higher education.
The Life of Adam Smith.
Explain why managerial theories of the firm have developed, and how the predictions from these models differ from those of the profit maximising approach.
Why does non-cooperative collusion operate effectively within oligopolistic markets?
What do supply and demand curves represent? Show how they can be used to illustrate how markets clear. Using appropriate diagrams, show how changes in demand and supply lead to changes in price and output, giving examples from real life.
“Even without a formal agreement firms in oligopolistic markets may be able to sustain a joint monopoly equilibrium. Discuss.”
Sample:
Explain why managerial theories of the firm have developed, and how the predictions from these models differ from those of the profit maximising approach.
Over the years, many economists have attempted to gain an insight into the running of different firms, in the hope of establishing a greater understanding of precisely what is their basic objective. The economist Adam Smith was the first to come up with the hypothesis that a firm’s aim is always to maximise profits. However, in recent decades, economists have questioned the reasoning behind Smith’s neo-classical theory of the firm, and have put forward their own alternatives. This essay will begin with a discussion of what, exactly, the neo-classical theory is, in which I will define the theory, and demonstrate how it works, before moving on to a discussion of its shortcomings. Following this I will go on to explain the reasoning behind criticism of the neo-classical theory, and just why other economists were, and still are compelled to come up with alternatives....
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