ECO372 Week 2 Discussion s

ECO 372 Week 2 DQs.

ECO 372 Week 2 DQ 1

John Maynard Keynes once suggested that the reason the economy of ancient Egypt prospered was because the government has a systematic project of building pyramids. Explain the logic of Keynes' argument. What are the modern equivalent of pyramids? How would a classical economist respond to Keynes' argument? 
 
ECO 372 Week 2 DQ 2

If business cycles are really inevitable, what purpose would macro policy serve? How is your firm or industry affected by the business cycle? Have you been able to avoid the business cycle swings in your firm? What did you do? What are your recommendations? 
 

ECO372 Week 2 Discussion s

ECO 372 Week 2 DQs. ECO 372 Week 2 DQ 1 John Maynard Keynes once suggested that the reason the economy of ancient Egypt prospered was because the government ...

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