economic thinkers

economic thinkers Order Description Part A: Answer one of the following 3 questions in a short legibly-written or preferably typed essay, of maximum 500 words: 1. Do you think that economic thinking has progressed, in the sense of the evolution of a science, in that economic ideas have progressively become better and are hence better today than they were in the past? Why or why not? Explain, giving some examples. 2. Who, of the economic thinkers you have studied in this course, do you think provides the most accurate description of the workings of the economy and of economic behaviour, both with respect to his or her times, and ours? Explain. 3. Which, of the major schools of economics you have studied in this course (e.g. Classical, Neoclassical, Marxian, Keynesian, Austrian, Institutional, Schumpeterian, etc.), do you feel provides the most accurate description of the workings of the economy and of economic behaviour, both with respect to the school’s times, and ours? Explain.