Wrtite an essay on 3 Major theories of economics

Write a2000-word essaydue 21st October, on ONE of the questions below.

Topic

1. Fiscal austerity. Analyse the case for and against fiscalausterity(cutting government spending to tackle public debt). Make sure to analyse the economic logic (or weaknesses of it) in these arguments.
2. Keynes versus free market classical theory.Analyse and contrast free market/classical thinking about the market economy and Keynes's criticism of it and his alternative perspective.
3. Competition and abuse of market power.Despite the reputation of the sector for competing by innovation, giant tech companies have frequently been accused of abusing their market power. Examine the evidence and their past and present behaviour. Are the critics justified? (Make sure you research sufficiently to provide multiple examples of companies and types of behaviour). What does this tell you about the nature of competition? Also, analyse the specific abuses that EUDigital Marketing Actshave chosen to outlaw.