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January 11, 2012

Homework 1

Economics 493/593
Winter 2012
Due on Thursday 1/19

Homework 1

1. List and briefly explain the major tenets of the mercantilist school.

2. Choose a country that is currently attempting to use economic policy to affect their trade balance and interpret those policies from a mercantilist perspective. In what way do the policies fit the mercantilist framework? In what way are they different?

3. What was Thomas Mun's most notable contribution to mercantilist thought? Explain.

4. Why did mercantilists try to achieve full employment?

Posted by on January 11, 2012 at 07:14 PM in Homework, Winter 2012 |

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