Log in
Economics
1
answer
0
watching
56
views

Both Malthus and Ricardo contributed ideas that have been adopted by modern neoclassical economics as taught in your other courses. Give at least one example from each. Which is the more important in your opinion, and why?

Watch
1
answer
0
watching
56
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Prachi Dabas
Prachi DabasLv10
29 Sep 2019

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share

Related textbook solutions

Principles of Economics
2nd Edition, 2017
Openstax
ISBN: 9781947172364
Principles of Macroeconomics
2 Edition,
Openstax
ISBN: 9781947172388
Principles of Microeconomics
2 Edition,
Openstax
ISBN: 9781947172340

Related questions

Economics has its roots as far back as the Hammurabi code, but the following are considered some of the most influential theorists.

Adam Smith
John Stuart Mill
Robert Malthus
Karl Marx
John Maynard Keynes

Pick one of the above (or find another historical economist)to investigate. Report to the discussion a topic of interest that you see that the theories (writings of these famous economists) still are followed or have application in today's world. If the economist you are interested in has already been discussed, relate the economist's work to another issue or from a different perspective.

I give you the following as an sample post by a previous student

Malthus:

I see Malthus' report about the dangers of over population in today's economic debate when various groups discuss the over population of the planet and the need for limit the birth rate. Malthus seemed to have a elitist view of the lower classes: their inability to be educated and to control themselves. He also was one of the economist that had a doom and gloom version of the inevitable way things would turn out - pestilence, war, hunger and disease. Maybe he was originally the dismal science guy.

Coleman, D. (2009). Reading 1 and 2
Rose, M. (2002) http://econlib.com/library/Columns/Teachers/critiquemalthus.html

Please answer question in full

Write a short (2-3 page, double-spaced, typed) essay, identify at least one important entrepreneur that you would consider an "entrepreneurial legend" and state why you consider the person to be (or have been) exemplary. You must also identify at least one economic decision made by this entrepreneur that was significant in their success and provide a detailed example of that decision. Your reason for selecting the person should include examples of managerial economics and should include other criteria such as social responsibility and ethics.

In 2008-2010 (and perhaps, extending to now), the United States has experienced a recession of a relatively large magnitude and a slow recovery from this recession. Using the AD-AS framework, please address the following questions:

a) What, in your opinion, has caused the recession, and how does your explanation fit within the AD-AS model? For example, please indicate whether the cause(s) that you describe resulted in a shift of AD or AS or both, the direction of the shift, and its magnitude.

b) What fiscal and monetary policies have the government engaged in to correct the economy? In your response, please define fiscal and monetary policy, and give at least one example of each.


Weekly leaderboard

Home
Homework Help 3,900,000
Economics 400,000
Start filling in the gaps now
Log in