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Papers On Economics And Economic Theory
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Autocorrelations and Abnormal Returns Prior to Stock Splits Considered in the Context of EMH
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This 5 page paper is written in two parts. The first part of the paper considers the implications for the weak-form Efficient Market Hypothesis (EMH) concerning the findings of certain authors that have recently found evidence of positive autocorrelation in short-term stock returns and negative autocorrelation in longer horizon returns. The second part of the paper looks at the idea positive abnormal returns prior to stock splits, discusses why this may occur and looks at whether or not this is consistent with semi-strong form efficiency. The bibliography cites 5 sources.
Filename: TEautosplit.rtf

Automotive Industry And Global Financial Crisis
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A 10 page paper that considers different topics, such as international trade theory, macro-economics, and the impact of the global financial crisis on the automotive industry. The writer explains two international trade theories, then, reports the effects this crisis has had on the auto industry in different countries. Australia is used as the example for the effectiveness of policy related to the crisis in this industry. Bibliography lists 15 sources.
Filename: PGfnau.rtf

Avril Hotel Pricing Strategy Case Study
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This 4 page paper looks at the case of a hotel that is considering increasing prices. The paper is written in two parts. The first part of the paper looks at whether there should be a focus in increasing the room rate or the occupation rate to maximize revnue. The second part of the paper discusses what other factors should be considered such as actions and reactions of the competition, marketing and the sale of complimentary services. The bibliography cites 1 source.
Filename: TEavrilprice.rtf

Ayn Rand’s “Capitalism: The Unknown Ideal”
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This is a 5 page paper discussing the concepts in Ayn Rand’s “Capitalism: The Unknown Ideal”. Ayn Rand’s 1962 text “Capitalism: The Unknown Ideal” is important in the fields of philosophy and economics in that it introduces the readers, or reminds the readers, what the true essence of capitalism is and not that which has been misunderstood and construed with economic and political misconceptions. For Rand, and others who follow the ideals of libertarianism and objectivism, capitalism is the only system which allows for the freedom of man’s rational nature and its ruling principle is justice. True capitalism is actually a social system based on the principle of individual rights and is not to be confused with the capitalist constructions developed during the industrial ages which saw the development of “wage slaves” to the owners of the factories. Instead, capitalism is based on man’s trade through free exchange and mutual benefit. Bibliography lists 4 sources.
Filename: TJARand1.rtf

Banking in the United States Compared with Banking in the European Union
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This 24 page report discusses the banking systems of the United States and the European Union. The financial world, by its very nature, is ever-changing and with the major changes that have been seen in the past few decades -- the end of the Cold War, the boom and bust of the 1980s and then the late 1990s, the consolidation of the European Union, the physical introduction of the euro -- the list goes on and on. However, one constant remains in the banking world and that is that the most successful financial institutions and their users are required to be able to think, act, and move between the present and the future. Bibliography lists 20 sources.
Filename: BWuseuro.rtf

Basic Questions in Macroeconomics
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This 6 page paper answers basic economic questions, one pertaining to a hypothetical state and the implementation of telecommunications. Another question involves the concept of the free market economy and alternative solutions and the final question pertains to Keynesian versus monetarist theory. Bibliography lists 5 sources.
Filename: SA18Econ.wps


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