The difference between Keynesian and Classical economists and their views on the macro-economy.
Question 1: What did you find most challenging or confusing about this week’s topic? Ask a question for students to answer. Also, create an exam-type question (either multiple choice or short answer) on a topic related to aggregate demand/multiplier, or aggregate supply. Please include the following: 1. A question or comment about something challenging or confusing about this week’s topics. 2. A multiple choice or short answer question for other students to answer.
Question 2: The topic of this discussion is on the difference between Keynesian and Classical economists and their views on the macro-economy. Specifically answer this prompt: Would you consider yourself a ‘Keynesian’ or a ‘Classical’? Which specific characteristics or assumptions do you find true/compelling about whichever classification you choose, and which characteristics or assumptions do you find not so convincing? Please include following: 1. A classification as a “classical” or” keynesian” (or on the fence) with a detailed explanation of your reasoning. 2. Include at least one assumption/characteristic that you find compelling and one that you don’t about the classification you choose. If you are ‘on the fence’ then mix-and-match.