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15.015 Macro and International Economics focuses on the policy and economic environment of firms. This subject divided in three parts
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English
English [CC]
FREE
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Description
The first part of the course is a study of the closed economy and how monetary and fiscal policy interacts with employment, GNP, inflation, and interest rates. Next, the course provides an examination of national economic strategies for development and growth and recent financial and currency crises in emerging markets. Finally, the course addresses the problems faced by transition economies and the role of institutions both as the engine of growth, and as the constraints for policy.
Course content
- The issues, short–term and long–term Unlimited
- Determinants of long–term growth Unlimited
- Exchange rates for emerging markets Unlimited
- Exchange rates for industrialized countries Unlimited
- Banking crises Unlimited
- Modern financial crises Unlimited
- Japan’s lost decade Unlimited
- Crisis in Asia, 1997–98 Unlimited
- Who is more prone to crisis now—Europe or the US? Unlimited
- Recap: Macroeconomic policy in historical perspective Unlimited
- Recap: Fiscal sustainability Unlimited
Instructor
Massachusetts Institute of Technology
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1916
1520
