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(2007, 1100 words)
The work looks at two hypothetical scenarios: the effects of government expenditure with and without Keynesian unemployment. The theory of government expenditure is discussed in detail and further 3 questions are answered for each of the scenarios: What happens when the government funds its expenditure through selling bonds to non-banking sector? What happens when the government funds its expenditure through selling bonds to the banking sector? What happens if a lot of money drops from the sky onto the economy?
(2006, 1000 words)
The paper examines the security of online payment outlining various types of the Internet fraud, reviewing the regulations aimed to prevent it, defining the types of accepting online payments, etc.
(2006, 2000 words)
The paper examines the functions of the government’s fiscal policy focusing on the theory of discretionary fiscal policy and discussing its benefits and limitations in preventing economic disequilibrium.
(2006, 2000 words)
The paper examines the causes of market failures identifying market efficiency, types of market failures, sources of barriers to market entry, types of externalities, the implications of government intervention, etc.
(2006, 2600 words)
This essay provides a good explanation of the Phillips curve. The unemployment and inflation data has been gathered for the US and Japan for the period of 1970-2004 and is plotted to show the Phillips curves. It is found that Japan follows it, while the US does not. The essay then goes on to explain why this occurs and provides suggestions on what the government can do. The whole essay is supported by a number of graphs and diagrams.
(2006, 1500 words)
The paper examines the factors behind the success of the American economy in the twentieth century discussing state regulation of the free market, the US government ideology, modernization of industry, the New Deal policy of Roosevelt, etc.
(2006, 1000 words)
The paper examines the forms of government intervention in free market economies discussing its positive and negative aspects and briefly reviewing the policy of the UK government towards taxes, education, trade unions, etc.
(2006, 1000 words)
The paper addresses the problem of government intervention in the economy defining the concepts of efficiency and regulation, outlining factors that cause market disequilibrium, and identifying the spheres where government intervention is needed, i.e. the education system, health-care services, etc.
(2006, 2000 words)
The paper critically examines the impacts of the Government policies on labour force participation in the UK, discussing the policy of cash grants, the Earned income tax credit, the Working families tax credit (WFTC), the Disabled persons tax credit (DPTC), etc. Conclusions are made about the success of these policies.
(2006, 2000 words)
The paper offers the critique of Keyness theory of capitalist markets that denies the role of governments in stimulating the economy. The influence of the Keynesian theory on the post-war non-communist world is discussed; related theories on inflation and unemployment are reviewed including the Phillips Curve (PC); the monetarist doctrine by Milton Friedman, the ideas of Epstein and Schor, etc.
(2006, 4500 words)
The paper seeks to identify the extent to which a free market economy is regulated by the state. A review of definitions is provided covering the basic terms, i.e. ‘economic system, ‘capitalism, ‘freedom of enterprise, ‘competition, etc. The governmental means of controlling economy in Britain are analyzed including monetary policy, fiscal policy, taxation and interest rate.
(2005, 2000 words)
The paper analyses the policy of the Irish government towards the growth of the venture capital reviewing the activities of the Enterprise Ireland organisation, the International Financial Services Centre (IFSC) in Dublin, regulation and taxation issues, female entrepreneurship, and projects to accelerate national and regional development. Irish practices in the funding of growth industries are compared to those of other European countries.
(2005, 1500 words)
The paper looks at the concept of the free market economy examining the reasons behind a possible government interference with the market forces and discussing various forms of state intervention with respect to the UK.
(2005, 900 words)
The terms direct and indirect refer to two different approaches to taxation. Direct taxes are collected by the government from the persons it is levied on and include income tax and corporation tax. An indirect tax is a tax which is collected by intermediaries who then pass revenues to government. Examples of indirect taxes include value added tax (VAT), excise taxes and levies on petrol, cigarettes and tobacco. The overall tax system comprising direct and indirect taxes can be used to encourage or discourage certain activities or to correct market failure.
(2004, 1500 words)
From the evidence, we can infer the optimal role for governments in the S+T market. First, the state is well placed to provide resources to fledgling firms in experimental fields. Second, technology agencies should seek to operate in partnership with the private sector. Third, governments are needed to encourage and provide incentives for collaboration between private sector institutions. Fourth, governments should implement strong competition policies that forces companies to innovate to compete.
(2005, 1200 words)
The US agricultural industry has benefited from productivity increases as a result of the introduction of high yield varieties of crops, the use of chemical and fertilisers, and economies of scale from the increased size of farms and field acreages. Developing countries which lack the resources to catch up on productivity gains realised in the US have little option but to protect agricultural markets with protectionist tariffs and non-tariff barriers not only to protect domestic producers but also counteract the substantial subsidies which US farmers receive. The US produces more than it can consume. Subsidies that support prices and encourage export allow the US to compete in foreign markets at below the cost of production which has damaging consequences for the developing world.
(2004, 5000 words)
The paper seeks to examine the issues that must be addressed in the maritime infrastructure development program. The author lists the areas that need government investment, namely, the development of sea transport industry, the funding of public services in the maritime industry, the issues of safety, environmental protection, cadets training and employment, interaction between logistic services, etc.
(2005, 1000 words)
The paper seeks to confirm the opinion that governments intervention in the market is governed not merely by the goals of achieving economic stability but also by other social factors. Main social responsibilities, such as protecting the free market from failure, providing goods and services, etc., are listed. Individual economic considerations and externalities are also discussed and illustrated by diagrams.
(2004, 3000 words)
The paper provides critical literature review of demographic policy and pension reform in Europe
(2003, 4000 words)
This report is assessing the health care system in the United Kingdom and examines and explains the trends in the UK's expenditure on health care. Report looks into the Institutional framework, Organisation and structure of the NHS, UK's expenditure on healthcare, Private health care expenditure, trends in UK expenditure, and Factors which are driving increasing expenditure. Lastly, comparison between trends in the expenditure on health care system will be drawn between UK and other countries. Finally report comment upon the policy implications of the findings.
(2003, 2800 words)
The paper explains the reasoning behind the following statement: "The theory of supply suggests that as a rough and ready rule, the public writerities should keep their eye on the number of producers in an industry. When this becomes too small public intervention will be necessary"; and analyses whether the statement applies to Microsoft. Also paper discusses whether the statistics pioneered by Bain provides convincing support for the "rough and ready" rule. Moreover, during the U.S Justice Department's case against Microsoft, it was argued by the defence that Microsoft was not a dominant firm but in a "contestable market". The paper explains this model briefly and discusses whether it fits the Microsoft case
(2003, 2700 words)
The paper critically discusses the view that the interrelationship between the state and the chaebol was the major driving force behind South Koreas rapid economic development.
(2003, 400 words)
(2003, 1400 words)
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