What Is Keynesian Economics by the IMF in Back to Basics Finance Development, September 2014 https www imf org external pubs ft fandd 2014 09 basics htm What Is Monetarism by the IMF in Back to Basics Finance Development, March 2014 https www imf org external pubs ft fandd 2014 03 basics htm Averting Financial Crises Advice from Classical Economists by Thomas M Humphrey https www richmondfed org publications research econ focus 2014 q4 federal reserve Using the links Should the government use monetary and fiscal policy to stabilize the economy, or should it adhere to policy rules and refrain from upsetting the economy To answer this question, compare the view of Keynesian economics to Monetarist economists What would the Classicals have thought about the Fed's handling of the financial crisis Compare the Classicals' view to the Monetarist view regarding the Fed's handling of the financial crisis Reflection the students should also include a paragraph in the initial response in their own words, using macroeconomic terminology, reflecting on what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life

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What Is Keynesian Economics? by the IMF in Back to Basics - Finance & Development, September 2014

https://www.imf.org/external/pubs/ft/fandd/2014/09/basics.htm

What Is Monetarism? by the IMF in Back to Basics - Finance & Development, March 2014

https://www.imf.org/external/pubs/ft/fandd/2014/03/basics.htm

Averting Financial Crises: Advice from Classical Economists by Thomas M. Humphrey

https://www.richmondfed.org/publications/research/econ_focus/2014/q4/federal_reserve

Using the links:

Should the government use monetary and fiscal policy to stabilize the economy, or should it adhere to policy rules and refrain from upsetting the economy? To answer this question, compare the view of Keynesian economics to Monetarist economists.
What would the Classicals have thought about the Fed's handling of the financial crisis? Compare the Classicals' view to the Monetarist view regarding the Fed's handling of the financial crisis.
Reflection: the students should also include a paragraph in the initial response in their own words, using macroeconomic terminology, reflecting on what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.