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Core Economic Policies

Core Economic Policies

Here is what you need to do for this assignment:

Write a summary of the core elements of your economic theory and explain the

following:

What economic policies would you suggest during a recession and during inflation in

the economy? (Should be specific, such as expansionary monetary and fiscal policy

by increasing government spending, cutting taxes and having the Fed drop interest

rates).

Would your theory encourage free trade or protectionism?

What kind of exchange rates would you recommend – free or floating exchange

rates, fixed rates or a managed float?

How will your economic theory deal with the issue of poverty? ( For example, trickle

down economics or expansion of government support programs, or other policies)

How will your theory differ from the following theories?

Classical Economics

New Classical Economics

Keynesian Economics

Post Keynesian Institutionalists

Marxist Economics

Trump Economics

 

 

Assignment Template

Cover Page

Introduction/Abstract of assignment

Core Elements of Economic Theory and Policy

 

Is It a market or government oriented theory/policy?

What specific economic policies you suggest for recession? For Inflation?

What kind of trade policy would you recommend?

What kind of exchange rate policy would you recommend?

What kind of policies to overcome poverty?

How your theory differs from the other major economic theories

 

Conclusion

References – Academic and general sources

 

 

 
………………………..Answer preview…………………………..
Economics is a science that was discovered with the reason that it will help individuals in answering questions that concern life in a business world. In the study of economics, it involves how people use resources whether scarce or in surplus. In addition, economics can also help individuals make concrete decision concerning critical factors. On the other hand, economic theory is a well-formulated hypothesis that provides an outlet in economic based areas for the study of economic based issues………………………..
APA
1226 words