• Watch Commanding Heights, Episode 1: https://www.youtube.com/watch?v=gfRTpoYpHfw&t=2395s
o This video is 2 hours >>there will be a question on the Mid Term Exam on the video: We will discuss the video in class on Wednesday: please be prepared to ask a question/make a comment.
o As you watch this video reflect on the following questions:
o What was the economy like during the 1920s and 1930s? Focus on Output, Unemployment, and Inflation.
o What were some of the ideas of John M Keynes?
o How did the ideas of F Hayek & Milton Friedman differ from the ideas of J. M. Keynes?
o So, this episode is titled, The Battle of Ideas: WHY?
o What are the commanding heights of the economy, and what is the role of the government regarding the commanding heights?
o What were some of the key economic developments from the end of WWII (1945) – 2000?

it only needs to be in bullet points or small sentences.

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