14.02 Principles of Macroeconomics
Provides an overview of macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed. Important current policy debates such as the sub-prime crisis, social security, the public debt, and international economic issues are critically explored. Introduces basic models of macroeconomics and illustrates principles with the experience of the US and foreign economies. Taught in two formats - lecture/recitation and recitation only - each with 3 sessions per week. Same content and exams.
This class has no prerequisites.
14.02 will be offered this semester (Fall 2017). It is instructed by R. Caballero.
Lecture occurs 2:00 PM to 3:00 PM on Mondays and Wednesdays in 10-250.
This class counts for a total of 12 credits. This class counts as a HASS S.
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