What do neoclassical, Keynesian, and heterodox theories have to say about the behavior of markets? How are these theories similar and different and what do they predict regarding the behavior of markets in the real-world economy?

You are to locate research articles on your topic. Please choose as your topic one from the list below in the next section of this document, which you’ll recognize as topics related to our weekly units from ECON 3601 Intermediate Microeconomic Theory (topic is already chosen). After each topic, I’ve included a list of recommended readings from each of the main economic schools of thought, that engage with these topics. This is not an exhaustive list of all sources available from each school of thought as it pertains to these topics, and you are very much welcome and encouraged to draw on scholarly readings beyond these lists. You must also work to identify, through an initial skim reading of these sources and by checking the title of the source, if it will be useful in answering your chosen topic (i.e. this is part of the skill that this assignment is helping you to build).

2) You are to then write a minimum 5 page literature review summarizing the general themes of these articles. You are required to rely upon at least two articles per school of thought, covering the points of view expressed by at least the following three schools of thought: neoclassical microeconomic theory, Keynesian microeconomic theory, and heterodox microeconomic theory (i.e. institutionalist, ecological, feminist, etc.). Be sure to not only summarize your sources, but to compare and contrast/synthesize them, keeping in mind the few major strengths and weaknesses in your view of each source/reading. I recommend organizing it thematically. You may use APA, MLA, or Chicago format for this first draft.

3). You must include a bibliography/works cited page, listing the articles you utilized in your literature review (this does not count toward your page limit).

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