After reading the two articles in Modules 1 and 2 related to economic theory (“History of Economics on the Making” and “How Did Economists Get It So Wrong”), reconstruct what happened from 2006 through 2012 as it relates to microeconomics theory. Was there too much focus on the macro climate and not enough on the micro climate? Do you concur more with Krugman or Duarte? What is the basis for your opinion? Be sure to isolate other peer-reviewed articles from the LIRN library that back your viewpoint. Use these as a basis for analysis in addition to what you see happening in the market yourself. Compare and contrast the two articles and the two authors’ perceptions of the market. In this assignment, you should focus on the following
Was there too much focus on the macro climate and not enough on the micro climate
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