Can you relate the Classical and/or Keynesian macroeconomic models to assumptions about economic behaviors and economic policies being implemented in the U.S. economy today? Discuss this with your group members. Is there anything that you've learned studying these models that give you a better understanding of why the Obama administration's economists requested Congress to approve the "stimulus package"? Is there anything that you've learned studying these models that give you a better understanding of alternative proposals that have been set forth for economic growth (or criticisms of the current policies)? Note: Please do not just post an answer to each of the questions. These questions are to get you started in your discussion to make you think. Use one or two of them to get yourself started in relating the models to current economic policies. You will no doubt have your own questions that you will want to ask your group members as well.
Can you relate the Classical and/or Keynesian macroeconomic models to assumptions about economic behaviors and economic policies being implemented in the U.S. economy today? Discuss this with your group members. Is there anything that you've learned studying these models that give you a better understanding of why the Obama administration's economists requested Congress to approve the "stimulus package"? Is there anything that you've learned studying these models that give you a better understanding of alternative proposals that have been set forth for economic growth (or criticisms of the current policies)? Note: Please do not just post an answer to each of the questions. These questions are to get you started in your discussion to make you think. Use one or two of them to get yourself started in relating the models to current economic policies. You will no doubt have your own questions that you will want to ask your group members as well.
