Economic Theory Research Assignment Winter 2024

Directions for the research assignment on economic theories, including choosing theories, conducting research, creating a Google Doc, and addressing specific questions.

Group 1

Choose two economic theories from the following list: Neoclassical Economics, Keynesian Economics, Austrian School, Chicago School, Monetarism, Marxism, Supply-Side Economics, Market Socialism.

Question 1a

Short answer

Select two economic theories from the list provided.

Group 2

Conduct research using a variety of sources. Ensure zero plagiarism and provide correct citations for any quoted sentences.

Question 2a

Short answer

Utilize a variety of sources, including textbooks, academic articles, reputable websites, and educational videos.

Group 3

Create a Google Doc to organize your research and writing. Share the document with your teacher via Google Classroom.

Question 3a

Short answer

Organize your research and writing in a Google Doc.

Group 4

Address the following five questions in your research paper.

Question 4a

Essay

Background explanation of the main economist(s) associated with each theory.

Question 4b

Essay

Explanation of the top two main concepts associated with these economic theories.

Question 4c

Essay

What is the role of the Government within these economic theories?

Question 4d

Essay

What is the role of the Market within these economic theories?

Question 4e

Essay

How does each economic theory attempt to answer economic downturns like 'bubbles', 'recessions', or 'depressions'?

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