Academic Writing

This Essay requires research and the development of analytical skills. It is a more substantial piece of work of 2000 words (not less than 1900 and definitely not more than 2100). The Essay should compare TWO different schools of economic thought. Answer ONE of the following questions for your Essay: 1. 1. Do markets reconcile competing interests? Do they reconcile self-interests with the public interest? 2. 2. How does the economy shape the class structure? How does the class structure shape economic outcomes? 3. 3. What is meant by ‘competition’ in the economy? Is it always desirable? 4. 4. What is profit? Where do profits come from? Your essay should consider and compare the distinctive position on each topic of two different schools of economic thought e.g. classical, Marxist or neoclassical. Each of these schools of economic thought has a distinctive position on each topic. It is important to explain these differences between the different schools of economic thought and to try to assess which of them is more useful in answering the question. You also need to draw on at least FOUR scholarly works (NOT newspaper articles). This means that the task is largely based on your application of critical analysis but it also requires you to undertake a modest amount of research into published work on the topic. Of course, you are encouraged to read as broadly as you like in preparing your essay and refer to a wider range of references: what is indicated here is just the minimum requirement.