Economic Controversies
This module is assessed by written essay. Choose ONE question.
Questions
The nature and scope of mainstream economics has been subject to various criticisms. Using your knowledge of different criticisms of mainstream economics, discuss ONE of the statements below:
‘To fully understand the reasons why we are not working less, we need to understand the constraints on individual choice.’
The COVID-19 virus hit with full force, giving us a vivid, real-world demonstration of the power of the MMT [Modern Monetary Theory] way of thinking.
If history is any lesson, anxiety over rising budget deficits will lead to pressure to reduce fiscal support in order to wrestle deficits lower.
That would be an unmitigated disaster the most fiscally responsible way to manage the crisis is with higher deficit spending.”
The Deficit Myth, p. 13
‘Mainstream economics is perfectly able to provide a method for the adequate valuation of infrastructure.’
Assignments should be a maximum of 2,500 words in length.
All coursework assignments that contribute to the assessment of a module are subject to a word limit, as specified in the online module handbook in the relevant module area of the MINERVA. The word limit is an extremely important aspect of good academic practice, and must be adhered to.
Unless stated specifically otherwise in the relevant module handbook, the word count includes EVERYTHING (i.e. all text in the main body of the assignment including summaries, subtitles, contents pages, tables, supportive material whether in footnotes or in-text references) except the main title, reference list and/or bibliography and any appendices.
It is not acceptable to present matters of substance, which should be included in the main body of the text, in the appendices (“appendix abuse”). It is not acceptable to attempt to hide words in graphs and diagrams; only text which is strictly necessary should be included in graphs and diagrams.
You are required to adhere to the word limit specified and state an accurate word count on the cover page of your assignment brief. Your declared word count must be accurate, and should not mislead. Making a fraudulent statement concerning the work submitted for assessment could be considered academic malpractice and investigated as such.
If the amount of work submitted is higher than that specified by the word limit or that declared on your word count, this may be reflected in the mark awarded and noted through individual feedback given to you.
An electronic copy of the assignment must be submitted to the Assignment Submission area within the module resource on the Blackboard MINERVA website no later than 12:00:00 noon prompt on the deadline date.
Faxed, emailed or hard copies of the assignment will not be accepted.
Failure to meet this initial deadline will result in a reduction of marks, details of which can be found at the following place:
