Below is a list of selected papers. There are four categories of the papers and each of them is list ed under their respective categories (supply and demand, international trade, elasticity and government policies, and social welfare and externalities). Pl ease, choose one of the papers from the list for your critical review essay purpose. Once you choose the paper, write a critical essay (around 1000 words, 1 -2) 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 cour se, IN YOUR OWN WORDS. The main purpose of this term paper is to learn more about the course in the light of the empirical evidence and research works.
❏ Su pply and Demand
a) 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.
b) Kilian, L. (2009). Not all oil price shocks are alike: Disentangling demand and supply shocks in the crude oil m arket. American Economic Review ,99 (3), 1053 -69.
❏ International Trade
a) Schumacher, R. (2012). Adam Smith’s theory of a bsolute advantage and the use of doxography in the history of economics. Erasmus Journal for Philosophy and Economics ,5(2), 54 -80.
b) Seretis, S. A., & Tsaliki, P. V. (2016). Absolute advantage and international trade: Evidence from four Euro -zone econ omies. Review of Radical Political Economics ,48 (3), 438 -451.
c) Kasahara, H., & Lapham, B. (2013). Productivity and the decision to imp ort and export: Theory and evidence. Journal of International Economics ,89 (2), 297 -316.
d) Johnson, H. G. (2013). Op timum tariffs and retaliation. In International Trade and Economic Growth (Collected Works of Harry Johnson) (pp. 31 -62). Routledge.
❏ Ela sticity and Government Policies
a) Chaloupka, F. J., Straif, K., & Leon, M. E. (2011). Effectiveness of tax and price po licies in tobacco control. Tobacco Control ,20 (3), 235 -238.
b) 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
a) Mariappanadar, S. (2012). The harm indicators of negative externality of efficiency focused organizational practices. International Journal of Social Economics ,39 (3), 209 -220. Note that, this is important for you to learn how to read and summarize articles. Use ad ditional sources to support your argument wherever necessary. Please cite any additional source you might use.
Your essay is evaluated base d on the content, originality and substance in connection to the economic theories you learnt in this course. The ge neral content and flow of the paper should follow: 1. Introduction 2. Summary and critique of the paper – Economic analysis. 3. Comments on how th e article relates to other work on the same subject 4. Comments on how the paper relates to the theory you learnt in th e class 5. Conclusion 6. References. Get Economics homework help today
