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MBAF 504 Economics From A Business Perspective

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This term paper is designed to get students to look deeper into the principles of economics. Below is a list of selected papers. There are four categories of the papers and each of them is listed under their respective categories (supply and demand, international trade, elasticity and government policies, and social welfare and externalities). Please, choose one of the papers from the list for your critical review essay purpose.

Once you choose the paper, write a critical essay using the information and evidence provided in the paper. Note that you are supposed to provide a critical review of the paper you choose in connection with the concepts that you learnt in the course,.

Supply and Demand

Andreyeva, T., Long, M. W., & Brownell, K. D. (2010). The impact of food prices on consumption: a systematic review of research on the price elasticity of demand for food. American journal of public health,?100?(2),?216-222.
  1. Kilian, L. (2009). Not all oil price shocks are alike: Disentangling demand and supply shocks in the crude oil market. American? Economic Review,?99?(3),? 1053-69.

International Trade

  1. Schumacher, R. (2012). Adam Smith's theory of absolute advantage and the use of doxography in the history of economics. Erasmus? Journal for Philosophy and Economics,?5?(2),? 54-80.

  2. Seretis, S. A., & Tsaliki, P. V. (2016). Absolute advantage and international trade: Evidence from four Euro-zone economies. Review? of Radical Political Economics,?48?(3),? 438-451.

  3. Kasahara, H., & Lapham, B. (2013). Productivity and the decision to import and export: Theory and evidence. Journal? of International Economics,?89?(2),? 297-316.

  4. Johnson, H. G. (2013). Optimum tariffs and retaliation. In International?Trade and Economic Growth (Collected Works of Harry Johnson)?(pp. 31-62). Routledge.

Elasticity and Government Policies

  1. Chaloupka, F. J., Straif, K., & Leon, M. E. (2011). Effectiveness of tax and price policies in tobacco control. Tobacco? Control,?20?(3),? 235-238.

  2. Zhou, N., Levine, M. D., & Price, L. (2010). Overview of current energy-efficiency policies in China. Energy? policy,?38?(11),? 6439-6452.

Social Welfare and Externalities

Mariappanadar,  S. (2012). The harm indicators of negative externality of efficiency focused organizational practices. International? Journal of Social Economics,?39?(3),? 209-220.
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