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Papers On Economics And Economic Theory
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Price, Profit and Basic Business Economics
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This 8 page paper looks at the role of prices and profit. In answering seven questions posed by the student the paper examines why governments will look to inelastic product or services if they wish to increase tax revenue, how prices can ration goods, the economic aspects of competition, oligopolies and monopolies as well as the difference between economic profit and accounting profit. Examples are used to demonstrate the points raised. The bibliography cites 3 sources.
Filename: TEbasicb.wps

Pricing Elasticity
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This 4 page paper discusses pricing comparisons between United and American. Bibliography lists 3 sources.
Filename: HVElastc.rtf

Pricing in the Airline Industry
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This 13 page paper, including a two page annotated bibliography, looks at the influences on prices within the airline industry, The paper includes explanations of price theory and the impact of supply and demand and the different influences of on supply and demand. These are then applied to the airline industry and ticket prices. Examples are used from European companies, but the theories and applications are equally as applicable to other areas. The bibliography cites 5 sources.
Filename: TEairpric.rtf

Pricing Strategy
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This 12 page paper examines a case provided by the student. Stockholders of an organization have suggested that the organization lower the price of product or service by 20 percent as a means to maximize profit by increasing market share. The paper uses a break even analysis, consideration of price elasticity and the use of Porters Five Forces to consider if lowering the price is the best strategy for increasing profit and/or market share. The potential reactions of competitors are also considered. The paper is written to show the student the different aspects that need to be examined when looking at pricing strategy and shows them how to undertake this, with example calculations. The bibliography cites 7 sources.
Filename: TEprices.rtf

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