BA 201 Week 3 Public Sector Economics and Economics Applied to Political Problems
BA 201 Week 3 Public Sector Economics and Economics Applied to Political Problems
Recessions
After reading Special Topic 4, write a 2-page paper comparing and contrasting the economic viewpoints and theories of John Maynard Keynes and Friedrich Hayek.
What were each of their views of the causes recessions and solutions to fixing them?
In each of their views, what place did government have to improve markets?
Cite your sources as needed. Attempt to use APA formatting.
| Grading Criteria Assignments | Maximum Points |
| Meets or exceeds established assignment criteria | 40 |
| Demonstrates an understanding of lesson concepts | 20 |
| Clearly presents well-reasoned ideas and concepts | 30 |
| Uses proper mechanics, punctuation, sentence structure, and spelling | 10 |