Describe some achievements and pending issues in context of a global crisis.

The economic and financial crisis from 2008 to 2009, also known as the global financial crisis, was considered to be the worst financial crisis since the Great Depression. The general situation of financial markets has been additionally complicated by the introduction of new financial products as well as other modes of operations including globalization. The global financial market seems to be playing a different function in our economy and it has been working because of new regulations. The introduction of new trade platforms, online access to information, integration and globalization of the market have caused some revisions of finance theories. What are reliable predictors of economic and financial crises? Describe some achievements and pending issues in context of a global crisis. Are we still in danger of economic and financial crises today? Instructions: Conduct research from viable and credible sources such as and not limited to economic journals, periodicals, books, data base, and websites. This assignment should be submitted/uploaded on the date the assignment is due. Compare and contrast economic theories: Keynesian, Monetarism, Rational Expectations, and Supply Side Economics (and the Laffer Curve). Discuses the historical perspective of inflation and unemployment in relation to Phillip’s Curve and stagflation. Analyze fiscal and monetary policies from the demand-side effects. Analyze fiscal and monetary policies from the supply-side effects. Evaluate the impact of government deficits and debt. Differentiate between demand-pull and cost push inflation.)