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.
. Contrast the views of Locke, Marx, Smith, Keynes,
and Spencer on the nature and proper functions of government and on
its relationship to business. Which views seem to you to provide
the most adequate analysis of contemporary relations between
business and government? Explain your answer fully.
1. Compare and contrast the exogenous and endogenous views of
the money supply process. Integrate the endogenous view into the
Keynesian analysis of the investment- saving relation
2. What are the institutional mechanisms through which banks can
extend their lending capacity beyond the limits imposed by reserve
requirements?
Compare views of :
1. Adam Smith's Invisible hands,
2. David Ricardo’s Diminishing returns
3. Alfred Marshall’s model of supply and demand
With graphs and expanded explanation
Compare and contrast the photon nature of light with the wave
nature of light, making sure to address the following
properties:
a: color
b: intensity
C: energy
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?