History of Economic Thought by E.K. Hunt

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People you should be familiar with: David Ricardo, Karl Marx

Answering three questions below. (Each answer should be no longer than two paragraphs or 1 page. Text should be double spaced) Please do not use ‘correct’ references. The essay should be in your own words.

  1. Outline the assumptions behind the classical economists’ labor theory of value. (By assumption I mean the presumed shape of the long-run supply curve, market structure, and the homogeneity of
    labor.) To what extent do you think the labor theory of value could still be used today to explain long-run relative prices.
  2. How would you characterize the political views of David Ricardo on the role of government in managing the economy? Given these views, why did Ricardo’s theory of value and distribution lead to the rise of Radical Ricardianism? (EK Hunt is a good source here.)
  3. Explain Marx’s theory of exploitation and evaluate its usefulness as contemporary political-economic theory. Does the theory persuade you? Why or why not?

Sample Solution

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Machiavelli “The Qualities of the Prince”

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Journal Response

This will be your thoughtful first person response to the text. Do not write a book report that regurgitates what the piece says. What did you glean/learn from the piece? What is your interpretation and analysis? How is it applicable to today’s times? Can you find any correlations between this piece and other pieces you’ve read of viewed in our class thus far?

Pre-reading Questions
Questions for Critical Reading 1-5
Book: Jacobus, Lee. A World of Ideas, 10th edition.Boston: Bedford/St. Martin’s, 2017
Calendar Questions:
Define the terms ends and means, and explain why they are
Compare Machiavelli’s advice with the behavior of a specific politician – past or present.
Under what political circumstances might the ends justify the means?

Sample Solution

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research paper operating management course

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It requires a diagram that i have attach below(house of quality. This assignment will be presented as a formal business report. Should be approx 3 page long (not include the diagram) . Pls complete it ASAP before deadline on Oct 31th, 11:55PM. Requires about 3-4 sources.

 

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Efforts to Reduce the Budget Deficit

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The rapid growth of the national debt alarmed some politicians and created
pressure for restricting Congress’s unlimited ability to spend.  After reviewing
Chapter 10, Section 10.2: Efforts to Reduce the Deficit, write a 2-3 page paper,
formatted according to APA style as outlined in your approved style guide,
discussing the actions taken by the Congress since 1985 to reduce the budget
deficits. 

Include some authoritative sources on the current debate
between the White House and Congress on what measures are necessary to address
spending and revenues, i.e. news reports, official statements, press
conferences, as well as numerous government websites.

Suggested references:

Ashford
University Online Library (follow the
Library link within the left-handed tool bar).Congressional Budget Office: www.cbo.gov.Internal
Revenue Service: www.irs.gov.The
Executive Office of the President: www.whitehouse.gov.

The paper:

  • Must be 2 to 3 double-spaced pages in length and formatted according to APA
    style as outlined in your approved style guide.
  • Must have a cover page that includes: 
  2. Title of paper 
  3. Student’s name
  4. Course name and number
  5. Instructor’s name
  6. Date submitted

Must include an introductory paragraph with a succinct thesis statement. Must address the topic of the paper with critical thought. Must conclude with a restatement of the thesis and a conclusion paragraph. Must use at least three references, including the textbook.   One reference must come from the Ashford Library. Must use APA style as outlined in your approved style guide to document all sources. Must include, on the final page, a Reference List that is completed according to APA style as outlined in your approved style guide.

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