In General Theory Keynes attack the main postulares of the classical achool. What were the postulates...
Compare and contrast the general macro-economic theory of capitalism and communism. Who were the main theorists of each system? Why were they developed? What were the theoretical principles, characteristics and goals of each system? Where and when did the macro-economic systems exist? Were the theoretical characteristics and goals of the systems actually achieved when the systems were practiced? Did Communism produce a 'paradise on earth'? Did capitalism's 'self interest and invisible hand' always produce 'communal wealth'?
what was the reason for keynes disagreeing with classical economists regarding why people save money?
What are the 2 postulates to Einstein’s special theory of evolution?
Theory of the Effective Demand 1. Explain what is the theory of effective demand and how Keynes used it to debunk the Classical theory? (Hint: you must use a graph for supporting your argumento a. What other economist talked about it?
After defining what is the "Keynesian revolution" and the contributions of "The general theory of employment, interest and money" by Keynes, you will explain how this revolution gave rise to "Keynesianism" and to "the new Keynesian macroeconomics" by explaining the continuities and discontinuities. Important: During your dissertation you will also explain in what context these theories have evolved in view of the economic situation and economic history. You will mention the main authors and concepts. You will make a plan...
I wonder if you could help me with the following. The neoclassical school of economics claims that the results found in Keynes' theory can be deducted from the General Competitive Equilibrium theory by changing one of its hypothesis. I am not sure how this is possible. My professor always refers to the rigidity of wages but that does not solve my doubts. Do you know the hypothesis that is relaxed in the GCE and how from there one arrives to...
Classical Organizational Theory deals with the “systematic processes necessary to make bureaucracy more efficient and effective.” Name three scholars that are credited with the development of classical organization thought that most correctly fit into this definition of Classical Organizational Theory. What were the basic arguments articulated by each in their contributions to the development of Classical Organizational Theory?
Explain the viewpoints of classical and Keynesian economists. How did the economy that existed at the time of these theories influence them? Which theory is more appropriate for the economy today?
What were the major elements of the Classical Style? How can they be seen as a reflection of Greek culture in general? In what works of art can we see the application of these elements? Include (and explain) an example from painting, sculpture, and architecture.
Using the main assumptions of Classical Criminology and/or its more modern version known as Rational Choice Theory, what do you think are the most significant arguments for and against capital punishment?