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Last updated:
October 22, 2022
Duration:
Unlimited Duration
FREE
This course includes:
Unlimited Duration
Badge on Completion
Certificate of completion
Unlimited Duration
Description
14.454 is an introduction to current macroeconomic concerns with particular emphasis on medium-run economic fluctuations, economic crises, and the role of asset markets.
Topics include the explanation of high chronic unemployment in some nations, the source of modern liquidity crises, the origin and end of speculative bubbles, and the factors that lead to substantial periods of economic stagnation.
Course Curriculum
- Introduction Unlimited
- Collateral and amplification Unlimited
- The credit crunch Unlimited
- Runs, panics, and contagion Unlimited
- Bubbles Unlimited
- Capital flows and sudden stops Unlimited
- Appreciations and overvaluations Unlimited
- The liquidity trap Unlimited
About the instructor
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Massachusetts Institute of Technology