Neutrality of money and classical dichotomy, Managerial Economics

Question 1:

a. Discuss the alternative theories of money demand.

b. Highlight the impact of financial liberalization on the money demand in a small island developing economy like Mauritius.

Question 2:

a. Explain the meaning of neutrality of money and classical dichotomy.

b. Discuss Patinkin's ( 1965) proof of the existence of inconsistency and invalid dichotomy in a Walrasian general equilibrium model containing a money market .

c. Discuss Patinkin's ( 1965) solution to make the above model determinate and consistent.

Posted Date: 10/23/2013 6:50:32 AM | Location : United States

Related Discussions:- Neutrality of money and classical dichotomy, Assignment Help, Ask Question on Neutrality of money and classical dichotomy, Get Answer, Expert's Help, Neutrality of money and classical dichotomy Discussions

Write discussion on Neutrality of money and classical dichotomy
Your posts are moderated
Related Questions

Plot the demand schedule and draw the demand curve for the data given for Marijuana in the caseabove.

Theories associated with different market structures A firms profit maximising output decisions take into account the market structure under that they operate. There are 4 type

A city has two newspapers. Demand for either paper depends on its own price and the price of its rival. Demand functions for paper A & B respectively, measured in tens of thousands

Q. What do you mean by Market Structure? Market economy pricing is conditioned by market structure. There are various forms of market structures. Perfect competition is accorde

The demand curve Suppose that starting from a condition of equilibrium, the price of X falls relative to Y.  We now have a condition where the utility from the last shilling s

The concept of isocost In the use of resources, firms are faced with opportunity cost.  For every addition of say capital, they must forego a unit of say labour. Expositio

Determine the law of Demand Curve The law of demand can also be presented through a curve known as demand curve. Demand curve is a locus of points showing numerous alterative p

a bus operates two routes,one to harare and another one to johanesburg.the company analyst estimated that the elasticity of demand for joburg is 0.9 while for harare is 2.the compa