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The Dialectics of Crisis Management, 2008. This paper presents a persuasive argument on rebuilding the state of New Orleans after Hurricane Katirna. 1,070 words (approx. 4.3 pages), 5 sources, APA, $ 37.95 »
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Abstract This paper discusses New Orleans since Hurricane Katrina, and states that it has turned into the ideal example of the type of dysfunction that can develop when opposing forces, such as local and federal government agencies continuously prove themselves counter-productive. This dysfunction occurs because, while the Federal Emergency Management Agency or FEMA is adamant about adhering to its antiquated rules dictating the agency is only obligated to rebuild a system to its former state, the city of New Orleans is adamant about not only rebuilding the system, but modernizing it at the same time. Furthermore, the author argues that the aftermath of Hurricane Katrina and the ongoing comedy of errors that is dominating the city, reveals a completely dysfunctional state where neither proposition nor counter-proposition is resulting in a sort of solution or synthesis.
From the Paper "More often than not, organizations or entities that find themselves in negative situations such as catastrophic infrastructure failure as in New Orleans, attempt to cover up the crisis and shift responsibility from the organization or official entity or to someone or something else. In this case, FEMA itself proved a contradiction since it is supposed to be the lead agency in an emergency but during and since Katrina it has clearly failed to act on this responsibility. Often, the deciding factor in opting for this strategy is based on the organization in question's revenues or reputation. This is the worst of reasons to deal negatively and irresponsibly with a crisis and hardly ever pays dividends in the long-term. Additionally, dialectics informs the relevant parties that its contradictions should result in innovative solutions and augment creative energy that results in ideas and insights that compensate for areas that are weak or unresolved (Unfolding 286). For its part, the City of New Orleans seems to have failed to provide that creative spark necessary to develop solutions to its problems. It seems to have simply settled on the contradictions within dialectics without recognizing any resulting solution."
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Economic Fallout, 2008. An analysis of the fallout from the delayed action of the Federal Reserve with regards to changes in macro economics. 1,004 words (approx. 4.0 pages), 5 sources, APA, $ 35.95 »
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Abstract This paper discusses the importance of economics and how it affects daily life. It looks at changes in economic activity and how these affect daily life as well. The paper specifically focuses on mortgages and housing and oil prices. Finally, the paper discusses the fallout from the delayed action of the Federal Reserve and how this fallout will be seen for several more months.
Table of Contents:
Economics
Recent Economic Events
Mortgages and the Key Rate
You Have to Wonder is it "Too Little, Too Late?"
Oil Prices
Conclusion
From the Paper "In all economies, one of the most important issues to deal with is finding affordable housing. In order to supply such demand the mortgage industry developed what is known as a sub-prime mortgage. This loan was laced with teaser rates which were well below the key rate and when adjustment were made, usually after five years, the rates could potentially go up by several base points. Agreeably this does not sound like much but to a mortgage loan payee it could be devastating. Of course we should say, "Well didn't they realize that the issue of payment adjustments would occur?" Perhaps they did, but unfortunately, after the prime rate adjusted in July of 2007, several thousand mortgages followed suit. The foreclosure levels soaring to an all time new high were the result. Additionally late payment levels have also spiked and the fear is that the increases represent a brand new and larger group that will be foreclosed on in coming months (Aversa, 2007, p. 2)."
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The United States Automotive Industry, 2008. An analysis of the American automobile industry. 1,634 words (approx. 6.5 pages), 8 sources, APA, $ 53.95 »
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Abstract This paper identifies the necessary economic model that explains and analyzes the U.S. automotive industry. The paper focuses on the long-run and short-run profit maximization point, elasticity measures and how changes in price affect total revenue. The paper then explains the demand equation within the US automotive industry. The paper points out that it is clear that the US automotive industry is expansive and economic theory can be applied to the market to understand, demand, supply, profit maximization, and elasticity of demand. In conclusion, the paper shows that after a comprehensive analysis of this industry, a very comprehensive understanding of the factors that affect demand within the automotive industry via a multivariate framework is seen.
Outline:
Market Structure for the US Automotive Industry
Demand Function: US Automotive Industry
Macroeconomic Variables And the US Automotive Industry
Understanding Price Elasticity in the US Automotive Industry
Profit Maximizing Output and Price within the US Automotive Industry
From the Paper "The law of demand states that as price increases, the quantity demanded increases, and the converse holds true. Therefore as the price of Toyotas increase, there is the expectation that the quantity demanded for Toyotas will decrease, while as the price of Toyotas decrease, then the quantity demanded increases (same for the GM model). If this model was estimated, based on the law of demand, b1 should be negative."
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Current Focus on Inflation within the American Economy, 2008. A review of two articles examining US monetary policy: "U.S. Monetary Policy: An Introduction" published by the Federal Reserve Bank and "Allowing Himself a Smile" published by "The Economist". 884 words (approx. 3.5 pages), 3 sources, APA, $ 31.95 »
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Abstract This paper discusses two articles focusing on monetary policy, the role of the Federal Reserve, and inflation, which are all connected to scarcity, choices, tradeoffs, and opportunity cost. The paper relates that information from the two articles, "U.S. Monetary Policy: An Introduction" and "Allowing Himself a Smile", could be closely linked and analyzed using the macroeconomic tools but the connection with scarcity and opportunity cost presents the analysis in a microeconomic framework, since the articles focused on decision making for the government as an entity.
From the Paper "Scarcity within this context relates to the fact that as a society resources are scarce and choices have to be made, hence there is always an alternative that has to be forgone, the value of this forgone alternative is called the opportunity cost. Monetary policy highlights that when an economy does not have enough resources (scarcity), and demand is high the economy will self-regulate and increase prices (demand-pull inflation), or if the supply of a resource commodity is limited, this can cause cost push inflation (like the rise in oil prices leading to inflation). Correcting inflation via monetary policy highlights how an economy overall has to make choices, whether it be consumers or the government and the associated cost of these choices is indicative of how an economy maintains macroeconomic stability."
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Economics Research, 2008. This paper is a general analysis of basic economic terms, along with an applied analysis of supply and demand through the healthcare industry and economic articles. 1,100 words (approx. 4.4 pages), 4 sources, APA, $ 38.95 »
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Abstract This paper discusses some general economics terms such as microeconomics, macroeconomics, and supply and demand, among others. Additionally, the concept of supply and demand as it pertains to healthcare and the healthcare industry is discussed. Finally, three separate articles that relate to the concept of supply and demand are summarized.
Outline:
Economics Research
Economics
Supply and Demand
Macroeconomics
Microeconomics
Elasticity
Inelasticity
Gross Domestic Product (GDP)
Supply and Demand in Healthcare
Supply and Demand Articles
From the Paper "Another article entitled, The Most Dangerous Deficit: Why the Supply and Demand for Global Public Goods Could Kill You, author Moises Naim finds that the rate of natural catastrophes occurring around the globe has increased and the resulting cost to the world's economies is substantial (2006). The argument, according to this author, is that the supply of resources normally taken for granted that are part of the global public goods such as the seas and global fishing or timber harvesting around the globe, is decreasing so rapidly that the resulting decrease in supply of these global public goods is resulting in astronomical price gains that make these resources unaffordable for many."
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Monopolistic Competition and the Oligopoly, 2008. This paper discusses the competitive free market, monopolistic competition and the oligopoly. 2,265 words (approx. 9.1 pages), 9 sources, APA, $ 70.95 »
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Abstract The paper discusses the pure competitive market, which does not exist in practice and the near monopoly market, which is the rule rather than the exception. The paper explains that most free markets today function within the extremes of pure monopolies and the oligopoly that are both harmful to the consumer and the free market.
Outline:
Overview
The Competitive Environment
Pure Competition
Monopolistic Competition
The Oligopoly
Conclusion
From the Paper "Early economic theory was based on an antiquated understanding of how economics functions with respect to the consumer. Early theorists believed that the free market competition would be based on numerous competitors that sold the same types of items and competed solely on the basis of price (Sweezy, 2004). In fact, this model was overly simplistic and did not account for consumer behavior much less the ability of businesses of all sizes to innovate, differentiate, and artificially stimulate demand in the consumer market. Businesses have developed very refined abilities to sell and market their products and products and services have become highly individualized in order to capture market share. Competition in the contemporary free market has evolved into a much more complex entity than these early theorists such as Adam Smith conceived of."
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China's Threat to the World, 2008. An analysis of the basis of the threats that China poses to the rest of the world. 1,475 words (approx. 5.9 pages), 7 sources, APA, $ 48.95 »
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Abstract This paper discusses why China has been viewed as a threat since the 1949 revolution. Specifically, the paper looks at the various forms that this threat has taken, such as a military threat and economic threat. The paper also describes and explains the history behind these threats and their relationship to the economic and political power of China and then looks at who the threats are directed towards.
From the Paper "Chengxin Pan points out the position China has long held in the American imagination and finds that much of the threat is itself imaginary. He cites debates in the U.S. over whether China constitutes a strategic threat to the United States or an economic bonanza for the United States. Pan finds that the answer given often depends on the area of interest to the scholar giving the answer. A current threat recently found by some scholars is job loss in the U.S. as some manufacturing is moved to China and as companies like Wal-Mart outsource certain manufacturing to China, citing a U.S. congressional panel that found that at least 760,000 U.S. manufacturing jobs have migrated to China since 1992."
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Hedge Funds, 2008. This paper discusses hedge funds and the regulation of insider trading. 1,769 words (approx. 7.1 pages), 7 sources, MLA, $ 57.95 »
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Abstract The paper explains the concept of hedge funds and describes their legal structure, fee structure and classification. The paper discusses how, before the regulation of hedge funds, managers could bypass laws related to insider trading and use practices that would not be tolerable in other investment arenas. The paper looks at the "Goldstein vs. Securities and Exchange Commission" (SEC) case and its outcome that has improved the regulatory framework of the SEC.
Outline:
Introduction: What Is a Hedge Fund?
Legal and Fee Structure of Hedge Funds - Platform for Insider Trading
Regulating Hedge Funds
From the Paper "The original concept of a hedge fund is that it offer plays against the market, using short-selling, futures and other derivative products. Hedge funds provide one of the most diversified market activities within investment strategies since it can use a myriad of financial instruments and positions to reduce risk and maximize gains . Hedge funds minimize risk and the volatility of that risk via strategic diversification by selling long or short, buying and selling securities, engaging in opportunities on the futures or bond market. The development of a hedge fund was based on getting an absolute return in all directions. In practice this means that hedge fund managers seek seed freedom to achieve high absolute returns and wish to be rewarded for their performance."
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China's Strategic Intentions, 2008. This paper provides an assessment of China's likely future strategic intentions. 1,200 words (approx. 4.8 pages), 3 sources, MLA, $ 41.95 »
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Abstract In this article, the writer notes that assessing the nature of China's future strategic intelligence intentions in the 21st century requires examining China's strategic objectives, for doing so will reveal the intelligence activities that must be engaged in if China is to achieve these strategic objectives. The writer maintains that it is evident that one of China's primary strategic objectives is to become an economic superpower. Furthermore, the writer maintains that it is also evident that in order to achieve this, engaging in economic espionage against the United States is necessary because this will confer economic advantages upon China while enabling Beijing to undermine and weaken the U.S. economy.
From the Paper "It is evident that one of China's strategic objectives is to become an economic superpower, for this would not only expand Chinese influence throughout the world, it would enable China to become a military superpower equivalent to or even greater than the United States. In order to achieve this strategic objective, China is likely to expand its economic espionage capabilities.
"This would confer significant advantages upon China and enable Beijing to expand its economy while undermining the economy of the United States. Economic espionage is beneficial for China because it furthers China's strategic objectives by enabling Beijing to measure long-term success by enhanced market share for its products, and consequently achieve a favorable balance of trade."
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Housing Bubble, 2008. This paper focuses on the understanding of the housing market, discussing the price of housing and sudden changes in the prices - so as to explore the sustainability of the argument that there exists a housing bubble that is about to burst. 2,200 words (approx. 8.8 pages), 5 sources, APA, $ 68.95 »
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Abstract In this article, the writer outlines how demand and supply analysis can be used to analyze the housing market, especially in wake of the fact that there is now increased speculation of a housing crash as prices begin to depreciate rapidly within the housing market. With these current changes on the market, the writer notes that it becomes somewhat useful to analyze whether the housing bubble is about to burst, or if other markets are affecting the activities within the housing spectrum. The writer argues that the housing bubble is not going to burst since there is no bubble - and changes in the housing prices are due to changes in market demand and supply conditions.
Outline:
Statement of Problem - Thesis Statement
Introduction
What Has Been Causing The Price of Housing to Appreciate and Depreciate So Rapidly? - An Economic Perspective
Housing Price Appreciation - A Bubble or Changes in Market Conditions?
A Brief Look at the US Housing Policy and Market
Conclusion
From the Paper " With the demand and supply for housing analyzed, then the concept of the equilibrium within the housing market can be examined. It is clear that changes within the economy will affect the price of housing; each of the relevant changes will be analyzed below, so as to test the thesis statement presented. The changes in supply and demand are causing housing prices to increase, even though the change in quantity is unsure. During the historical period analyzed, factors that caused supply and demand to change based on figure 1 and figure 2 were associated with the appreciation of housing prices. Hence the appreciation was due more so to market conditions rather than a bubble due to speculation. A thorough examination of the processes that affect supply and demand is presented in the section below."
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Outsourcing-The Problems and Solution, 2008. A discussion on the effects that outsourcing has on globalization, labor and salaries. 890 words (approx. 3.6 pages), 2 sources, APA, $ 31.95 »
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Abstract This paper inquires whether outsourcing and off-shoring does in fact lower salaries in the countries that utilize it, in order to decrease production costs. The paper then analyzes this question and diagrammatically presents the solution and explains the demand and supply labor versus the remuneration concept, relative to this subject. The paper also explains the resultant outcome of outsourcing and how it affects salaries. The paper concludes that globalization encourages people to seek areas of employment internationally where one can expect higher remuneration.
Outline:
Introduction
Economic logic of outsourcing
How are wages affected?
The logic of globalisation
The effect of outsourcing and off shoring on wages
From the Paper "Globalization changes its dynamic from an economic issue to a social issue by embracing a framework that identifies that international labor mobility is an important aspect of globalization. The movement of people is still a very questionable aspect of globalization, since there are many questions in relation tow hat would be a realistic multilateral system for coordinating and managing migration? What kind of regional and international cooperation is needed to respond to emigration pressures in many low and medium income countries? In addition to the existing international standards on migration, what other measures could be taken at the national, regional, and international levels to better protect migrants?"
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The Federal Reserve and the Depression, 2008. This paper considers the degree to which the Federal Reserve can be blamed for causing the Great Depression. 4,172 words (approx. 16.7 pages), 20 sources, MLA, $ 111.95 »
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Abstract The paper discusses the four key events that the Federal Reserve had to confront during the Great Depression: the Stock Market collapse, the failure of the banks, Britain's abandonment of the gold standard and the Federal Reserve's large scale open-market purchases. The paper looks at Milton Friedman and Anna Schwartz's account "The Great Contraction," that contends that the Federal Reserve failed to expand the money stock in the face of the Depression and in doing so aggravated the situation. The paper also discusses how some of the failure of the Federal Reserve can be blamed on the radical changes in the American economy and its government brought about by the Depression. Finally, the paper looks at a defense of the Federal Reserve's actions.
From the Paper "During the period 1929 through 1932, the Federal Reserve confronted a series of economic crisis, and an assessment of its actions during this period turns on the interpretation given to its responses to these crises. In the fall of 1929, the Stock Market plummeted. In the fall of 1930, banks throughout the nation failed, climaxing in the collapse of the Bank of the United States. In the fall of 1931, Britain abandoned the gold standard. In April 1932, the Federal Reserve undertook large scale open-market purchases."
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Illegal Immigration, 2008. Looks at the problem of immigration, especially illegal immigration in the United States. 2,385 words (approx. 9.5 pages), 10 sources, MLA, $ 73.95 »
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Abstract This paper argues that immigration has changed the face of America more than any other event in American history. The author points out how immigration, especially illegal immigration, has negatively affected the working lower class. The paper contends that limited immigration is better than completely opening American borders and is better than trying to completely close them. An annotated bibliography is included with the paper.
Outline:
Impact of Illegal Immigration
Political Debates do not include the Real Issues
Difficulty Finding Monetary Assistance
High Cost of Housing
Open Door Borders
Disservice to American Citizens
Education System in a Crisis
Identity Theft and Fake Documentation
Illegal Immigrants and Drug Trafficking
Are the Two Equally Bad?
Mexico Letting Its Citizens Leave with Encouragement
Money for Mexico through Illegal Immigration and Drug Trafficking
Minority Elected Representatives
Between a Rock and a Hard Place
Moral Choices
There are no Easy Solutions
Moral Choices
Exodus of Jobs
Moderation and Fairness
From the Paper "Immigrants live differently than American low income families. They house four or five adults in a small apartment and share the rent without concern to cramped living quarters and bleak conditions. Immigrants pool their resources so that they can easily manage the high cost of living in America. As a result, landlords increase the rent because the supply is being filled by immigrants. Low income families who have one or two wage earners with wages of eight, nine or ten dollars find it increasingly difficult to compete with immigrants who have four or five adult incomes contributing."
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Price Discrimination, 2008. An overview of pricing policy and ethical issues with a focus on the automobile industry. 754 words (approx. 3.0 pages), 2 sources, MLA, $ 26.95 »
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Abstract This paper discusses how price discrimination is not a foreign or an illegal policy within economics or the marketing sphere although it is obvious that within the auto car sales industry there have been observations of discriminatory pricing practices that can only discourage sales and are considered unethical. The paper then outlines the ethical policies about pricing that the corporate office has mandated for the dealer community and also provides a strategic design to determine if discriminatory pricing is being practiced.
Outline
Monitoring Mechanisms
Discriminatory Pricing- Practical Recommendations
From the Paper "Price discrimination in a general sphere is when two different prices are charged for the same good, (McConnell and Brue, 2005, p 50). It might seem strange that this can happen, but many markets practice this. For example, the business class (first class) and coach type of travel is an example of how individuals pay different prices for the same good. Or movie tickets for adults and children to see the same movie at different prices. Clearly, this report is being compiled because the price discrimination being practiced within the auto industry that has gotten media attention is not the same thing. "
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Why Outsourcing Hurts America, 2008. A review of the problem of outsourcing that is facing America. 5,460 words (approx. 21.8 pages), 10 sources, APA, $ 133.95 »
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Abstract The paper is an extensive analysis with graphic quotes on the subject of outsourcing, highlighting the fact that it is the cause of major unemployment. The paper asserts that reduced salaries as a result of decreased availability of jobs adds to undue psychic trauma to fellow Americans. The paper then asks when the US will realize that it is supporting foreign economies to its own detriment. The paper then points out that, on the flip side, companies are able to increase their productivity and be more cost efficient. The paper concludes that before embarking on a system of outsourcing a company should do extensive research and investigation to determine if such an undertaking is in fact cost effective. The paper concludes that more balanced approach is required and American needs to attend primarily to the requirements of America. The writer has paper appended copies of the source material.
From the Paper "At the same time as jobs are disappearing, the stress of working in an environment wherein one's position can be moved overseas at a moment's notice is eroding the faith of American workers in their employers - and undermining their psychological health; in short, people are becoming over-stressed and burned-out. Eugene Garaventa and Thomas Tellefsen write that employees, upon joining an organization, enter into an unwritten psychological contract with that organization. The "informal" contract is an agreement in which employees tacitly agree to give a certain amount of loyalty, effort and creativity in exchange for things like job security, human dignity (otherwise known as fair treatment), rewarding relationships with others, and the support of the organization in achieving their "developmental" expectations (Garaventa & Tellefsen, 28+). Citing scholarly research, the aforementioned authors inform their audience that "workers suffering a breach of their psychological contract were not only likely to lower their organizational contributions, but that these violations were so significant that neither promotions nor pay raises were able to counter their negative effect on employee performance" (Garaventa & Tellefsen, 28+). In other words, as morale plummets and faith in the organization erodes, workers become less willing to sacrifice on behalf of their pay-masters; the inevitable outgrowth is diminished productivity and employees deciding to leave the corporation before the corporation cuts them loose."
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The Federal Reserve System and Monetary Policy, 2008. This paper presents a critical review of the Federal Reserve System and its policies from 1951 to the present. 3,692 words (approx. 14.8 pages), 13 sources, MLA, $ 102.95 »
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Abstract This paper provides a thorough analysis of monetary policy while concentrating on the role of the Federal Reserve System. The paper looks at the instruments used by the Federal Reserve System, the performance metrics in relation to the business environment and the role of monetary policy within the macroeconomic framework. The paper also analyzes the role of money when achieving economic objectives such as economic growth, controllable inflation and low unemployment rates.
Outline:
Introduction
The Money Creation Process
A Description of Monetary Policy
Federal Reserve System: 1970s and 1980s
Federal Reserve System: 1990s and Beyond
Monetary Policy Efficiency
Federal Reserve System Performance: Monetary Policy Vs. Fiscal Policy
From the Paper "After WWII, Milton Friedman wrote a seminal work on the Quantity Theory of Money that used past research to show the linkage between money and hyperinflation. Similarly, it became clear to many analysts and economists that the role of the Federal Reserve System was more expansive, as there were efforts to measure and analyzes the growth of money stocks. As the Federal Reserve Bank acts as the bankers' bank, and dictates monetary policy, measurement efforts that are linked to the two points listed above involved expansive money supply estimation to include and define narrow and board definitions of money (Federal Reserve Board para. 4)."
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"Global Political Economy", 2008. A critical analysis of Chapter Three in "Global Political Economy: Theory and Practice" by Theodore H. Cohn. 823 words (approx. 3.3 pages), 0 sources, $ 29.95 »
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Abstract The paper relates that "Global Political Economy: Theory and Practice" was written by Theodore H. Cohn to analyze a variety of issues in global and regional trade policy, theories of international relations and the role of international institutions. The paper provides an evaluation of Chapter Three entitled "The Realist Perspective". The paper posits that Cohn brings complex theoretical issues into a practical and useful framework for the student reader.
From the Paper "The book Global Political Economy: Theory and Practice was written by Theodore H. Cohn to analyze a variety of issues in global and regional trade policy, theories of international relations and the role of international institutions. It takes a broad overview of the central theoretical currents in International Political Economy (IPE), and explores the key intellectual positions in global political theory. For example, it looks at the positions held by such thinkers as realists (the right-wing), liberals (proponents of free trade) and historical structuralists (the left-wing), and applies these ideas into a real-world context. By offering a centrist position that puts major themes in the world economy into perspective, Cohn allows the reader to relate these abstract notions to concrete practice."
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Brain Drain in Africa, 2008. This paper looks at the "brain drain" phenomenon in Africa. 705 words (approx. 2.8 pages), 3 sources, APA, $ 25.95 »
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Abstract The paper discusses how the "brain drain" is accelerating in the era of globalization, due to the United States' immigration policy and the better opportunities professionals find abroad. The paper relates that this results in much of Africa having a dearth of doctors, scientists, technicians, corporate executives, university graduates and other people needed for a country's economic and social development.
From the Paper "The United States is a magnet for people all over the world, as can be seen by the problem of illegal immigration. One of the tenets of those supporting legal immigration is that used in the right way. Immigration can assure that the best and the brightest are selected and that the U.S. can in this way enhance its supply of technically trained workers. One problem with this approach is that it causes a "brain drain" in other parts of the world as those best able to help in their own country are siphoned off to the United States. This issue can become a concern in the country of origin, and it has been noted that Africa is suffering because of the policy; the region's best educated are emigrating to the United States at too high a rate."
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