S/E/96. Economic and financial framework of apple market

The paper examines the features of apples' consumption looking at the development in the supply, demand, quality and prices of apples from theoretical and commercial points of view and discussing the shifts in the demand and supply curve, the new equilibrium price, etc.

C/E/99. In a flexible exchange rate regime the monetary authorities introduce a one-off increase in the rate of money supply growth before returning to the initial level of MS growth. Using AD-AS framework, carefully trace out the impact of this policy change in the short-run and the long-run. Make reference to the Mundell-Fleming (model-2) as appropriate.

This essay explains the basis of Mundell-Flemings theory. It identifies that in the long run the economic factors will go towards equilibrium even if there was a money supply injection from the government. The second part of the essay explains the reasons why demand curve aggregate is downwards sloping and the difference between the short run and long run diagrams. The whole essay is supported by a large number of graphs and each movement is explained in detail.

P/E/109. US Economy Recession: Excess Aggregate Supply

Some economists believe that the US economy is heading for a recession due initially to excess aggregate supply. This has now been accentuated by a fall in aggregate demand. Using Blanchard's AS/AD analysis, the paper explains the implications of this view for output, prices, interest rates and employment in the short run and medium run. Also the paper assesses the likely effectiveness of recent US fiscal and monetary policy changes.