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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.

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Massachusetts Institute of Technology

October 22, 2022

UK

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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

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Massachusetts Institute of Technology