[Note: this is course page for the course taught in Fall 2012. Click here for the current link.]
Date and Time:
Monday and Wednesday, 3:00-4:15pm
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This course provides an introduction to the modern theory and practice of macroeconomics. It covers a variety of classic questions in macroeconomics including: What are the determinants of long-run economic growth? Why do economies regularly experience booms and recessions? Why is there unemployment? What determines the value of money in an economy? The course focuses particular attention on how macroeconomic policy (monetary and fiscal) affects outcomes in these dimensions, and on using the tools of the field to evaluate alternative policy responses to current events.