Keynes' work is relevant to the topics that will be covered in this course as he revolutionized the way that we think of business cycles in a free market. While looking at the economics of organizations and the reasoning behind their decisions, it will be useful to keep in mind where in the business cycle a business is or thinks it is.
I am a student in Professor Arvan's Econ 490 class, writing under an alias to protect my privacy, using the name of a famous economist as part of the alias.
Sunday, September 7, 2014
A Bio Sketch of John Maynard Keynes
Subscribe to:
Post Comments (Atom)
I am not sure whether business cycle issues will be directly relevant or not in what we do, but you might ask right now, six years after the fall of Lehman Brothers, whether we are in the new normal or if we're still coming out of a very long slump. Determining that would be helpful in considering the relevance of the economics we will study.
ReplyDelete