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BA201 WEEK 3 PUBLIC SECTOR ECONOMICS AND ECONOMICS APPLIED TO POLITICAL PROBLEMS

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<strong>BA201</strong> <strong>WEEK</strong> 3 <strong>PUBLIC</strong> <strong>SEC<strong>TO</strong>R</strong> <strong>ECONOMICS</strong><br />

<strong>AND</strong> <strong>ECONOMICS</strong> <strong>APPLIED</strong> <strong>TO</strong> <strong>POLITICAL</strong><br />

<strong>PROBLEMS</strong><br />

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<strong>BA201</strong> Week 3 Public Sector Economics and Economics Applied to Political Problems<br />

Recessions<br />

After reading Special Topic 4, write a 2-page paper comparing and contrasting the economic<br />

viewpoints and theories of John Maynard Keynes and Friedrich Hayek.<br />

What were each of their views of the causes recessions and solutions to fixing them?<br />

In each of their views, what place did government have to improve markets?<br />

Cite your sources as needed. Attempt to use APA formatting.<br />

Grading Criteria Assignments<br />

Maximum Points<br />

Meets or exceeds established assignment criteria 40<br />

Demonstrates an understanding of lesson concepts 20<br />

Clearly presents well-reasoned ideas and concepts 30<br />

Uses proper mechanics, punctuation, sentence structure, and spelling

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