Economists and Their Theories

You will select one economist and study the theory that your economist developed, linking the theory with the context of the time in which it was proposed. The potential choices are:

Jean Baptiste Say	W. Stanley Jevons	John Maynard Keynes

Francois Quesnay	Nicolai Kontratieff	Milton Friedman

Adam Smith	Joseph Schumpeter	Oskar Morgenstern

David Riccardo	Irving Fisher

Thomas Malthus	A.W. Phillips

The essay itself will be 2 1/2-3 pages (typed, size 12 font, double spaced, cited using endnotes and bibliography, Chicago format) looking at the economist’s background as well as any experiences related to the development of the theory. Moreover, you will want to include events of the time period that served as influences. Obviously you will present what the theory is, how it works, how it fit within the intellectual as well as the economic currents of the time period as well as if it is still relevant today. Remember, in a short essay like this it is important that all information included is relevant and focused on the topic.

Resources that will be the most useful are:

Biography Resource Center

Business and Company Resource Center

Discovery Collection

Expanded Academic

History Resource Center