PLEASE READ CAREFULLY!!!! NEED 100% only
Please choose 5 concepts to respond to from the following list. Each response is worth 10 marks for a total of 50% of your test grade. Your responses must include: (a) a clear and precise definition of the concept; and (b) its significance for the idea of global political economy and human rights. Your response should not exceed one single-spaced page. Please make sure that you reference your material in the appropriate manner. That means the lecture date and title for the power point slides.
1. Microeconomics versus macroeconomics
2. Endogenous and Exogenous growth
3. Marx and alienation
4. The 3 sources of Marx’s Thought
5. Embedded Liberalism
6. The Protestant Ethic
7. The Keynesian Revolution
8. Conspicuous Consumption
9. The Sales Effort
Section C: Please choose one question to respond to from the following to respond to from the following list. Your response is worth 50% of your test grade and should not exceed 3 single-spaced pages.
1. Discuss the idea of ‘conspicuous consumption.’ In reference to Veblen’s ‘Theory of the Leisure Class,’ elaborate the significance of consumption to the modern economy and the contemporary sense of self. What are the problems with modern day consumption?
2. Discuss the problems with modern economics in the post-World War Two era. Please pay particular attention to the commitment to new global institutions on the part of many governments. What do you feel to be the key source of supposed stability in this new economy?
3. Discuss the problems with modern economics. What are the main criticisms of this discipline? And how does this perspective impede our understanding of the global economy?
4. Discuss the insights of Karl Marx as it pertains to modern political economy in the global context. Do you think that his perspective is both relevant and useful?
5. Discuss the significance of monopoly capitalism and its relationship to the growth of consumption-based economies.
6. Discuss the significance of the thought of Max Weber. How does his thought critically extend or challenge the insights of Marx? Further, what is the relationship between the “Protestant Ethic” and capitalism? Lastly, how does bureaucracy operate and why is it indicative of a “nihilistic age?”
