What is diversification? Why is it important?
Discuss the role of mutual funds.
What are the different reasons people hold cash or very liquid assets? Explain the opportunity costs of holding cash
Explain the ‘crowding-out’ hypothesis. Explain the ‘crowding-in’ hypothesis.
Discuss the problems with deflation.
Discuss in full the theoretical basis for supply-side economic policy. Discuss the theoretical criticisms of ‘supplyside’ economic policy.