Macro & Micro economics

Use Economic theory to explain the following body of theory can explain macroeconomic fluctuations The Austrian paradigm .

This is an Economic Perspective module essay:

The topic is on The Austrian Paradigm on how the theory can explain macroeconomic fluctuations.

Assessment criteria

Essays will be assessed against the following criteria Relevance to question Organisation, structure and presentation Depth of understanding Analysis and discussion

Use of sources and referencing Overall conclusions
Mises, L. v., Haberler, G., Rothbard, M. N. & Hayek, F. A. (1978 [1996]) The Austrian Theory of the Trade Cycle and other essays. Ludwig von Mises Institute. [Online].

Available at: http://mises.org/Books/austtrad.pdf. Salerno, J. T. (2012) ‘A REFORMULATION OF AUSTRIAN BUSINESS CYCLE THEORY IN LIGHT OF THE FINANCIAL CRISIS’.

Quarterly Journal of Austrian Economics, 15 (1). pp 3-44. Tempelman, J. H. (2010) ‘AUSTRIAN BUSINESS CYCLE THEORY AND THE GLOBAL FINANCIAL CRISIS: CONFESSIONS OF A

MAINSTREAM ECONOMIST’. Quarterly Journal of Austrian Economics, 13 (1). pp 3-15. Thornton, M. (2006) ‘Cantillon on the Cause of the Business Cycle’. The Quarterly

Review of Austrian Economics, 9 (No. 3 (Fall 2006)). pp 45-60

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