. 1. Who was David Ricardo? Illustrate and explain his economic theories? Were they accurate? Might they be useful in the present? 2. in what ways did the French Enlightenment era help create the
study of modern economics? Illustrate and explain all key figures And their philosophies. Are they influences found still in the modern Global economy? If so. in which ways? 3. Who was Jean
Baptiste Say? Why is he important in IPE? Explain. 4. Who were Charles Fourier and Count Saint-Simon? What economic philosophies did they create? Are their views prevalent. still?
5. Who was Karl Marx? What was his economic philosophy? How and why has his economic philosophy been so widespread as well as controversial? Explain.
6. What is Import Substitution Industrialization? What are its’s problems? Explain. 7. What is the East Asian Model? Should the West imitate it? What are its’s strength and weaknesses? 8. What kind
of economic reform is occurring in China? Is it both good and bad for China as well as the global economy? 9. What are the global community’s criticisms about the WTO’s treatment of developing
countries? Are their complaints valid?
10. What are Multinational Corporations? Explain their evolution by illustrating examples of the first to evolve slowly thousands of years ago as the first global businesses to appear in the modern
age. How are these kinds of businesses influencing the modern world economy in a pc or negative way? Should MNC’s be regulated by the international community? Defend your point.
11. What is the International Monetary System? What are its’ problems? How can payments imbalances become remedied? 12. What is the Bretton Woods System? Who created it. when. and why? Is it still
used in the present? What were its’ strengths and weakness 13. What International Monetary System conflicts have occurred since the 1970’s? Have the international powers involved solved these probl
14. How has the European Union cooperated in global currency exchange rates? Have they been better team players than America? 15. Why are some people as well as nations richer than others? Wheelan
source to be used as a source.
16. What can financial markets indicate about becoming wealthy very quickly? Wheelan source to be referenced as well
17. What does economics indicate about politics and vice versa? What are special interest groups? (Wheelan data necessary).
18. What indicators are necessary to determine a successful and thriving economy? What factors cause economies to surpass others yet eventually decline? Does a powerful economy always indicate?
A prosperous society for most everyone? (Wheelan data to be used as well).
19. What is the Federal Reserve? Is it a force of good, bad or both? (Wheelan material to be consulted as well).