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Papers On Economics And Economic Theory
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Determination of Monetary Policy
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A 4 page paper discussing economic conditions as they existed on October 15, 2003, followed by a discussion of factors affecting the decision to alter interest rates. The US economy appears to be emerging from recession at last; conditions did not warrant changing interest rates. Bibliography lists 5 sources.
Filename: KSeconFedPol.rtf

Determining Demand for Two Products
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This 4 page paper considers how demand may be determined for two products. A student may purchase video tapes or DVD's, the DVD will always be a higher price than the tapes. The paper shows how the demand lines may be drawn and looks at that will influence the demand, such as supply, level of disposable income and the elasticity created by the perception of the different goods and the level of potential substitution. The paper includes one graph.
Filename: TEdvdsup.rtf

Developing a Model to Explain the Price Movements of a Commodity
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This 10 page paper looks at the different influences that will impact on the price of replacement heifers in the beef market and how an econometric model may be developed to explain these movements. Variables examined include factors such as the price of the feed, weather, interest rates and other influences that may impact on the supply or demand in the market. The bibliography cites 8 sources.
Filename: TEhefpri.rtf

Developing a Policy for Ontario's Electricity Industry
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This 4 page paper sets out to determine a new energy policy for Ontario's electricity market. Prior to 2002 this market was a government monopoly with regulated prices. In May 2002 the province introduced a competitive wholesale energy market and contrary to the province's expectations the price of electricity soared so much that the government had to intervene and cap the price. The failure of the initial plan is examined in order to develop a new plan to decrease upward pressure on prices. The bibliography cites 4 sources.
Filename: TEontarele.rtf

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