[SOLUTION] History of Economic Thought
Write an individual essay about the economics of the COVID-19 pandemic of 2020 Carefully identify and evaluate the economic problems of the pandemic. Apply economic theories from the history of economic thought discussed during this module. Critically evaluate the strength and limitations of these theories. Formulate a balanced judgment in your conclusions on the usefulness of these economics theories for understanding and addressing the problems caused by the pandemic. 1. Introduction Heilbroner, ch. 1, 2; Foley, preface; Landreth & Colander, ch. 13 2. Adam Smith Heilbroner, ch. 3; Foley, ch. 1; Landreth & Colander, ch. 4. 3. David Ricardo and Thomas Malthus Heilbroner, ch. 4; Foley, ch. 2; Landreth & Colander, ch. 5 4. Karl Marx Heilbroner, ch. 5, 6; Foley, ch. 3; Landreth & Colander, ch. 6, 7 5. The Marginalist Revolution Heilbroner, ch. 7, Foley, ch. 4; Landreth & Colander, ch. 810. 6. Keynes Heilbroner, ch. 9, Foley, ch. 5; Landreth & Colander, ch. 15 7. Institutional Economics 1 8. German Historical School 9. Austrian and Neoliberal Economics 10. Recent Trends in Economic Thinking 11. Economic Methodology
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