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New Classical Economic Theory

individuals or firms expectations/forecast of a particular economic variable is rational, as long as the individual or firm makes ...

Single Mother's Economic Struggles

my divorce are better understood in relation the traditional concept of a nuclear family. The term "nuclear family" brings to min...

Economic Model Known as Multiplier Process

will be spent. Looking at this also starts to explain some of the basics of why the multiplier process occurs. If a...

Trademark Abuse and Economic Competition in Europe

European Monetary Union has not just developed out of the recognized need for economic stability, but also from the perception tha...

Keynesian Economic Theory and the Gross Domestic Product

country manufacturing the product - companies in this country have a hard enough time meeting demands of consumers, let alone cons...

Endangered Species Conservation, Cultural, Economic, and Political Constraints

interacts with another, as well as what governs overall cultural behavior. According to Berkes (1993), "traditional ecological kn...

Globalization, International Economic Relations, and the Oil Industry

about the impact of globalization on a nations political sovereignty and its economic well-being are being discussed more often in...

Comparing Friedman and Plato's Economic Ideas

illustrates his stance which is that people, even if they are lacking, do not have the right to coerce the wealthy. Thus, if someo...

Economic Philosophies of John Kenneth Galbraith

did the so-called "technostructure" - the idea that technology can have an impact on the economy (Landry, 1998). Furthermo...

Economic Growth, Empowerment and Views of Both Black and White Cultures

past summer, the publication Black Enterprise (05-03) announced its 31st annual report listing the "top" African American enterpri...

Economic Equity and Efficiency of Treatment as They Relate to Acid Rain

horrible scourge on the environment, it would help us now to take a calm and rational look at what, exactly it is and its impact o...

Oil Prices Explained Through Economic Theory

until sufficient buyers are attracted to the market with the lower prices to take up the excess demand (Nellis and Parker, 2000). ...

U.S. and Economic Outlook

Until about the middle of 2003, the bond market was on an upswing (Coy, 2003) (mainly because of declining stocks). But beginning ...

Project Proposal for China's Economic Development

place China as the third largest economy in the world, the United States and Japan hold the first two places (Cheng, 2003). To be...

Project Proposal on China's Economic Development

to a more open trading environment. The government made the transition from a communist centralized power following the Russian mo...

Economic Problems of Germany

Bank and the European Union (Germany, 2003). Experts assert that there is still time to reverse Germanys decline, but it must b...

Solow's Growth Model and Economic Growth, Including Comparisons of Countries Along with 'The Golden Rule'

States have reached this level of steady-state, other developing nations are still experiencing rising levels of high savings and ...

Africa's Economic Stagnation and the State and Civil Dichotomy

definition the implication is a community in which politics does not intrude unnecessarily, rather than one in which all citizens ...

Toronto, Ontario, Canada and the Study of Age Distribution, Growth, Population, and Current Economic Rates

industries are among those which are considered beneficial to the economic prosperity of the city which includes: aerospace, autom...

Karl Marx and Economic Determinism

angle. The nature of man is generally self-serving. However, economics is not the end all and be all of social life as it was for ...

Asian Economic Crisis of the 1990s and its Causes

in the way it was controlled. The actual value was pegged to a basket of currencies. However, in reality there was a closer link t...

Robert Solow Growth Model and Economic Growth

feeding a given proportion of its population [and] in this case, capital accumulation comes with the price of starvation" (Ruby, 2...

Healthcare Decisions and Economic Considerations

direct care with advancing age. Care providers cannot set lower fees for uninsured individuals and then penalize the insured and ...

Economic Impact of State Intervention

a need first to look at some basic economic theories concerning state intervention. Classical economists argue for minimal...

John Maynard Keynes on Economic Growth Stimulation Through a Public Spending Deficit

on which there may be high levels of interest payable if the tactic does not work as expected. The risk to a developing economy ma...

Post World War and Cold War Economic and Political Impacts

(5). Therefore, when the wall dividing East and West Germany was finally torn down, it is clear why this was such a powerful symb...

China's Demographic and Economic Conditions

of what the US wants to do, Chinas government looks to increased international trade to advance the nations economy. Low la...

Economic Theories of John Maynard Keynes

accept lower wages during times of decline, and quit their jobs (1939). This jeopardizes the beautifully constructed, but admitte...

Answering Economic Questions

(Nellis and Parkler, 1998). Therefore once more or less than the optimal number of units are produced the average total cost will ...

China and the Economic Effects of WTO Membership

the WTO gain important trading rights with other member nations (Gao, 2003). ["Where" the phenomenon is occurring and the process...