Part 1: Answer one of the following prompts in a minimum of 500 words.
1. What are the most important aspects of Keynes’s economic philosophy and why did this fall out of favor starting in the 1970s?
2. Why did the economic crash of 2008 occur? What are its most important consequences?
3. Respond to Skidelsky’s assessment of the future of macroeconomics – do you agree or disagree?
Part 2: Answer one of the following prompts in a minimum 750 words.
1. Write an essay detailing the major changes in the world economy since the middle ages – how have things changed and why?
2. Write a (very) short history of capitalism. How and why did it emerge as the dominant economic system in the world? How has it changed over time?
Please use in-text citations, and include a works cited page. Please follow the prompts and the instructions
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