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Papers On Economics And Economic Theory
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BIG DRIVE AUTO AND MACROECONOMICS
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This 3-page paper focuses on macreconomic trends and how they impact a fictitious car sales company Big Drive Auto. Bibliography lists 1 source.
Filename: MTbigautoa.rtf

Bob Evans Farms, Inc.
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A 4 page paper discussing current conditions at this restaurant operating company; examining economic indicators; and discussing the relative value of economic indicators for business planning. Bob Evans operates in the pure competition market structure, and as such, has the ability to affect only itself and its own results. The paper concludes that economic forecasts can provide a “best guess” for future conditions, but as no one knows precisely what the future holds, they cannot be expected to be totally accurate. Bob Evans’ best course of action is to turn its attention to product, price and promotion, three of the 4 Ps of marketing. Bibliography lists 4 sources.
Filename: KSeconBobEvans.rtf

Bolstering Taiwan's Economy Through Arms Procurement
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A 35 page paper discussing changes in Taiwan's economy in the early years of the new century and the growing threat of mainland China. Taiwan's defense spending has declined dramatically over the past several years as there has been internal disagreement over the total cost of matching China's increased defenses. This paper reviews the course of economic history of Taiwan and the strained relations that continue between China and Taiwan even though the two are increasingly economically interdependent. It also demonstrates that renewed arms procurement activity in Taiwan would serve several purposes and would have the effect of bolstering Taiwan's economy as it moves from manufacturing to services, the natural progression of an increasingly maturing economy. Includes an abstract. Bibliography lists 24 sources.
Filename: KSeconTaiArms.rtf

Book Review of “Irrational Exuberance” by Robert Shiller
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This is a 5 page book review of Robert Shiller’s “Irrational Exuberance” (2000). The publication of Robert Shiller’s book “Irrational Exuberance” in 2000, took investors by surprise as it was a criticism and analysis of the recent increased trends in the stock markets. Essentially, Shiller states that the increase in the stock markets is a result of several cultural, sociological and psychological elements and not based on an increase of “real value”. He admits that there are many factors involved, including the introduction of the Internet into American homes and an increased awareness of the stock market in the media, but he ascertains that the real increase in based on the “herding” effect of social rational humans who follow popular trends. Despite the increase in the markets, Shiller cautions investors to keep their portfolios diversified and not dependent on the stock market because based on past historical increases in the market, this increase will also be followed by a decade of mediocre returns. Because of this good advice and words of caution, the book is considered worthwhile to read especially for anyone considering loading their investments into the stock market. Bibliography lists 4 sources.
Filename: TJShill1.rtf


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