The class is theory and monetary policy - Master Degree
Prepare a review of literature on monetary and Keynesian theories and their respective effects on monetary and fiscal policy.
The paper Must establish the main differences between the two theories
Needs to be 20-25 pages it can be double space
Needs to have: Graphics with explanation.
Introduction
Classical Theory of Money
Aggregate demand and supply of money and labor input
Keynesian Theory of Money
Functions of monetarism
Monetary and Fiscal Policy
Reducing the discount rate (interest)
The use of monetary policy to ease inflation
Differences and similarities in the pattern of Keynes and the classics
Conclusion