Compare and contrast Austrian and Monetarist views of business
fluctuations, including what causes the boom, what...
Compare and contrast Austrian and Monetarist views of business
fluctuations, including what causes the boom, what causes the bust,
and the relationship between boom and bust.
A. Compare monetarist and Keynesian views on the proper conduct
of fiscal policy. For bothmonetarists and Keynesians, explain not only their conclusions
concerning fiscal policy butalso how those conclusions are related to their respective
theories.B. Compare monetarist and modern Keynesian views on the proper
conduct of monetary policy.For both monetarists and Keynesians, explain not only their
conclusions concerningmonetary policy but also how those conclusions are related to their
respective theories.C. Beginning in the late 1960s, the number of entrants to...
Compare monetarist and keynesian views on the proper conduct of
policy. Use the IS-LM model to illustrate the views. How do their
differing on velocity affect their respective policy
conclusions?
1) What does the Austrian School of Thought say causes business
cycles?
2) What does the Real Business Cycle Theory say causes business
cycles?
3) How is the Real Business Cycle Theory different from the
Keynesian school of thought?
4) How is the Austrian School of Thought different from the
Monetarist school of thought?
5) What are the strengths of the Neoclassical Schools of
Thought?
6) What are the weaknesses of the Neoclassical Schools of
Thought?
Describe the Austrian Business Cycle Theory. Explain
step-by-step how this theory attempts to describe the boom-bust
pattern of the business cycle. What is malinvestment,
and what causes malinvestment to occur?
Compare and contrast the different views on the role of foreign
capital in the development and growth of a less developed country.
What is the consensus view about the role of foreign capital
inflows in the case of the Asian NIEs?