‘Neo classical economics has its origins in the fundamentals of the human condition and is therefore the best form of economics.’ Evaluate this claim using at least two of the theories and philosophies encountered in section 1 of the course.
From section 2 of the course – Major issues in economic management.
‘Behavioural Economics offers a practical economics based on the real nature of human decision making.’ Evaluate this claim using at least two examples.
From section 3 of the course – Contemporary approaches.
In light of the current economic shocks, how far can the relatively new forms of economic understanding – environmental, ecological, evolutionary and circular – help society progress? Use at least two of the economic models discussed in the course to inform your answer.
