Scribd Logo
Upload

Welcome to Scribd!

  • 4QQMN137 Topic 2 Tutorial Questions

    Uploaded by

    Ana Ali Sheikh
    11 views1 page
    Keynes' General Theory explains business cycles and macroeconomics. It asks students to answer questions in short paragraphs about Chapter 12, which discusses fundamental uncertainty in markets, how social conventions impact stock prices, and how prices are established through public opinion rather than intrinsic value. Keynes distinguishes speculation, or trading based on price movements, from enterprise, or assessing intrinsic value. He concludes some policy solutions could stabilize unpredictable markets driven by public sentiment instead of fundamentals.

    Original Description:

    Original Title

    4QQMN137 Topic 2 Tutorial Questions (2)

    Copyright

    © © All Rights Reserved

    Available Formats

    DOC, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Keynes' General Theory explains business cycles and macroeconomics. It asks students to answer questions in short paragraphs about Chapter 12, which discusses fundamental uncertainty in markets, how social conventions impact stock prices, and how prices are established through public opinion rather than intrinsic value. Keynes distinguishes speculation, or trading based on price movements, from enterprise, or assessing intrinsic value. He concludes some policy solutions could stabilize unpredictable markets driven by public sentiment instead of fundamentals.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    11 views1 page

    4QQMN137 Topic 2 Tutorial Questions

    Uploaded by

    Ana Ali Sheikh
    Keynes' General Theory explains business cycles and macroeconomics. It asks students to answer questions in short paragraphs about Chapter 12, which discusses fundamental uncertainty in markets, how social conventions impact stock prices, and how prices are established through public opinion rather than intrinsic value. Keynes distinguishes speculation, or trading based on price movements, from enterprise, or assessing intrinsic value. He concludes some policy solutions could stabilize unpredictable markets driven by public sentiment instead of fundamentals.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    of 1

    1

    4QQMN137: SOCIAL SCIENCE AND MODERN BUSINESS I


    Topic 2 Tutorial Questions

    Students should complete the core reading for Topic 2 and prepare short
    answers to each of the following questions. Each question can be answered
    in a single paragraph.

    1. What is Keynes trying to explain in Chapter 12 of


    his General Theory?
    2. How does Keynes characterise ‘fundamental
    uncertainty’?
    3. What role do social conventions play in Keynes’s
    analysis of the stock market?
    4. How does Keynes suggest that stock prices are
    established?
    5. What is the distinction Keynes draws between
    speculation and enterprise within the stock market?
    6. What policy conclusions does Keynes draw from
    his analysis of the stock market?

    Works

    You might also like