“real world” situations

The case study or paper is intended
to illustrate your ability to apply the techniques, theories, and models from the
class to “real world” situations. The text of the case study or paper will be
typed double-spaced. Students may choose any topic or issue they find of
interest. I have provided some potential topics below, but students are not
limited to these suggestions.

POTENTIAL CASE TOPICS:
Microeconomic Topics:
• The impacts of Aloha and ATA airlines shutdown on the Hawaii economy
• The real estate market in Hawaii – recent performance and future directions
• What are the implications of the Jones Act for the Hawaii economy?
• Is rail transit for Honolulu a good idea?
• Is Microsoft a monopoly? If so, what is the appropriate antitrust solution?
• Cartel stability: the case of OPEC (or any other cartel you can find)
• The Hawaii retail gasoline market: does price-fixing occur?
• Were gas price caps a good idea for Hawaii?
• An analysis of the Jones Act as it pertains to shipping costs in Hawaii
Macroeconomic Topics
• Monetary Policy:
• What are the impacts of the sub-prime mortgage loan crisis?
• Outlook for U.S. monetary policy: 2008 forward
• The U.S. Federal Reserve’s monetary policy under Alan Greenspan,
1987 – 2005
• The effectiveness of the monetary policy in the U.S. (other countries)
• The U.S. monetary policy during the Great Depression
• The Federal Reserve’s policy under Paul Volcker, 1979 – 1982 • Fiscal Policy:
• Fiscal policy under the current Bush Administration
• Balancing the budget during the Clinton presidency; how was it
achieved and what were the costs?
• The Reagan budget deficit during the 1980s
• The Keynesian cure for the Great Depression
• The Kennedy tax cut of 1964
• International Adjustment
• The Asian currency crisis, 1997-1998; could it have been prevented?
• The Latin American Debt Crisis of the 1980s
• The role of the IMF in economic stabilization programs
• A general critique of IMF policies and prospects for the future
• The future of the Euro
• The collapse of Bretton-Woods system, 1971-1973
• The pre-1914 Classical Gold Standard
• Macroeconomic Policies in Other Economies
• The future of China’s economy
• Will Japan ever return to its pre-1990 growth track?
• China’s exchange rate policy
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