Is there a term paper regarding the following:
- Analyze graphically the AD-AS model, the Keynesian cross, and the IS-LM model. Identify all relevant curves and causes for shifts in the curves.
- Explain the evolution of the monetarist and new classical theories.
- Identify inflation its causes and cures
- Identify connection between inflation and unemployment
- Describe how new-Keynesian theory justifies the Keynesian the Keynesian policy prescriptions.
- Define supply-side economics and discuss how it explains the government spending deficit.
- Explain the relationship between the government budget deficit and the trade deficit.
- Explain how national savings determines the trade deficit.