Proposal
I would like to choose Monetary and Trade Cycle Theory be my topic because this shows how the existence and functioning of money affects people's lives. I will talk about what is monetary and trade cycle, and use the ideas of Hayek in this paper. I will also use Hayek and Keynes’s theories as contrast.
These are my references:
1. What is Monetary Theory by Daniel Liberto
https://www.investopedia.com/terms/m/monetary_theory.asp
2. Trade Cycle: Meaning Features and Theories by Kirti Shailes
http://www.economicsdiscussion.net/trade-cycle/trade-cycle-meaning-features-and-theories/21071
3. Hayekian Trade Cycle Theory: A Reappraisal by Roger W. Garrison
http://webhome.auburn.edu/~garriro/c4refah.htm
4. Keynes’s Theory of Business Cycle, Economics by Nipun S
Outline:
1. Introduction:
The information of Friedrich Hayek
2. Explain and analyze the monetary and the trade cycle, then analyze Hayek’s theories
3. Compare and contrast Hayek’s thought with Keynes’s thought
4. Conclusion