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Economics, Political Economy
Year 1
Economics discussion questions
1. When all people use economic reasoning, inefficiency is impossible, because if the benefit of reducing that inefficiency were greater than the cost, the inefficiency would be eliminated. Thus, if people use economic reasoning, it's impossible to be on the interior of a production possibility curve. Is this statement true or false? Why?
2. How does the democratic political system lead politicians to emphasize points outside the production possibility curve?
By OTA: Zoeb Baxamusa, PhD (IP)
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Economics discussion questions - 1. List three ways in which individual debt differs from government debt.
2. If all of the government's debt were internal, would financing that debt make the nation poorer?
3. How can a government that isn't running a deficit still get itself into financial trouble?
4. Why is debt service an important measure of whether debt is a probl...
Greco-Roman and Germanic fusion - After about 500 AD, Western Civilization became a “fusion” of the classical world (Greco-Roman civilization) and the Germanic peoples of northern and western Europe--how did this come about?
a. What elements of Greco-Roman civilization survived to become part of the medieval world?
b. How was European government, social structure, and religion shaped by ...
Greco-Roman era - 1) What are 2 great advances from the Greco-Roman era. Why those advances are significant?
Economics - 1. Why doesn't the government pay for all its goods simply by printing money?
2. What was the cause of the S & L crisis? What role did the government guarantees play in that crisis?
3. Is the current US Banking system susceptible to panic? If so, how might a panic occur?
4. You can lead a horse to water, but you can't make it drink. How might this be rel...
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2. Why does competition among traders affect how much of the gains to trade are given to the countries involved in the trade?
3. If you were economic advise...
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