Macroeconomics discussion

The Keynesian versus the neoclassical perspective discussion:-

For this week's discussion post, we are going to debate the AD/AS model and how two different schools of economic thought interpret it, namely the Keynesian and the neoclassical schools.

This video (Links to an external site.) pictures a hypothetical rap battle between economists John Maynard Keynes and Friedrich Hayek. Do you believe that the video does a good job in showing the Keynesian view of economics? Do you believe that Friedrich Hayek represents the neoclassical school of economics? Why or why not? In your opinion, do you think the collective who made the video favored one perspective over the other?

Please write at least 6 sentences

After I submit it, I will provide you with a another student post,

in your communication with other students, please:

● Expand on or clarify an important point. ● Offer an additional argument to support a position taken in an answer. ● Suggest ways in which an idea could be more clearly expressed. ● Identify passages where you think the writer misunderstood a concept or

applied it incorrectly. ● Disagree with a point or position made in an answer.

If you disagree with the views of another student, please:

● Be constructive and respectful. ● Politely critique a position on an issue, but not the person. ● Avoid sarcasm, swearing, or language that would be considered rude or

argumentative. ● State precisely the point you disagree with. ● Offer reasons why you think their view is incorrect and support your position

by citing the text or other sources.