S/E/134. Features of free market and IBM policies

The paper examines the features of a free market providing information on the price elasticity of demand and income elasticity of demand. The products, prices and services of the IBM are briefly described.

C/E/164. With reference to supply and demand analysis, critically examine the reasons for and against supposing that the allocation of resources by free markets achieves the greatest possible output of material goods and services.

This paper examines the effects of free markets in the allocation of resources using a demand and supply approach. It also examines the role of government in the management of the economy as a whole, mainly regarding aspects of fiscal policy.

S/E/87. Explain the workings of the market mechanism. What can cause markets to fail?

The paper examines the mechanisms of the free market touching on the issues of supply and demand, price choice, etc. The causes of market failures are outlined.

E/E/59. WHAT IS DRIVING THE GOLD PRICE?

The paper examines the role of gold in the world economy reviewing theoretical approaches to the development of gold as currency, the features of gold as a commodity, the nature of the demand for gold, the price of gold, the gold mineral deposit in the ground, and theoretical approaches to gold value.

E/M/138. MARKETING PRICIPLES FOR BUSINESS: APPROACHES TO PRICING

The paper examines managers' approaches to price setting identifying internal and external factors behind pricing decisions, discussing marketing-mix pricing strategies, and outlining general principles of pricing.

P/E/513. Secret selling: theory and examples

The paper examines the concept of secret selling reviewing the theory of pricing, discussing the movement of prices within the product life cycle, the concept of informational cascade, network externalities, etc. The example of secret selling by the Disney Corporation is analysed.

P/E/505. Different prices to different customers: theory of price discrimination

The paper examines the phenomenon of price discrimination (PD) providing its definitions, describing the degrees of PD, the role of PD in the international trade, the concepts of dumping and reciprocal dumping, etc.

P/E/314. Demand for cigarettes in the UK: price elasticity

The paper studies the factors determining the demand for cigarettes in the UK reviewing theories on demand for a good, and examining the relationship between the price of cigarettes and their demanded quantity over a studied period of time. The issues of cigarette taxation are discussed in the context of Price elasticity of demand (PED).

S/E/59. Fundamental Elements of Economics

This essay looks at the fundamentals of economics and the factors that effect market price. Particularly, this essay looks at Global oil prices over the last twenty years and what factors affected them. It is complete with graphs and charts.

P/E/265. Equilibrium in different auction types

The study centres around auctions examining the concept of equilibrium in four auction types: English, Dutch, First price sealed bid and Second price sealed bid. Bidding rules in each auction type are discussed within the framework of the Independent Private Values model (IPV) differentiating between symmetric and asymmetric bidders.

P/E/234. Concept of Auctions

The paper seeks to identify the concept of auction focusing on English and Dutch auctions and defining their types and structure. The independent private values model (IPV) is described with respect to symmetric and assymmetric bidders. Conclusions are made about the equivalence of the auctions.

S/E/33. Construct a two-sector computable general equilibrium model that could be used to analyse the prices of the commodities and inputs.

This essay looks at the general equilibrium model and how it is constructed, its usefulness (used to analyse International trade theory, to analyse the impact of government policies etc) and its and shortcomings. After constructing the model, endogenous factors and exogenous factors are altered to give a clear picture of the consequences of this to the model.

C/E/16. Industrial economics. Discuss which of the theories of advertising imply a cause-and-effective relationship between advertising and prices explaining how it arises and whether it is a negative or a positive one. Also explain which, if any, theory (or theories) does not imply a cause-and-effective relationship between these two variables and why.

Conclusion Therefore a number of theories imply a causal relationship between advertisement and prices, both negative and positive and backed by a number of hypotheses. Also a number of theories about advertisement look at explaining variation in advertisement across different sectors and its relation to market concentration, and imply no direct causal relationship between advertisement and price. Instead, whatever relationship can be inferred from these theories is spurious.

P/E/28. The Nature of Demand for Shipping.

Abstract The shipping industry is engaged in the production of water borne transport of goods and people. This industry can be defined as a group of individual industries or sectors operating within different markets and reacting to different economic conditions. The primary economic function of shipping services is, like all transport, to bridge the gap which exists between producer and consumer. Shipping is an expanding, global business which carries most of the world's traded goods; it is relatively free of capacity constraints, and less harmful to the environment than other transport modes. The future offers substantial opportunities for the shipping industry, bringing with them the potential for significant inward investment and wider economic benefits for the world.

Page 2>