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BA201 Week 3 “Public Sector Economics and Economics Applied to Political Problems

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> <strong>and</strong> <strong>Economics</strong> <strong>Applied</strong> <strong>to</strong> <strong>Political</strong> <strong>Problems</strong><br />

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<strong>BA201</strong> <strong>Week</strong> 3 <strong>“Public</strong> <strong>Sec<strong>to</strong>r</strong> <strong>Economics</strong> <strong>and</strong> <strong>Economics</strong> <strong>Applied</strong> <strong>to</strong> <strong>Political</strong> <strong>Problems</strong><br />

Recessions<br />

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

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

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

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

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

Grading Criteria Assignments<br />

Maximum Points<br />

Meets or exceeds established assignment criteria 40<br />

Demonstrates an underst<strong>and</strong>ing of lesson concepts 20<br />

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

Uses proper mechanics, punctuation, sentence structure, <strong>and</strong> spelling 10

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