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Last updated:

December 10, 2022

Duration:

Unlimited Duration

FREE

This course includes:

Unlimited Duration

Badge on Completion

Certificate of completion

Unlimited Duration

Description

This course provides an overview of macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation.

Monetary and fiscal policies are discussed. Important policy debates such as, the sub-prime crisis, social security, the public debt, and international economic issues are critically explored. The course introduces basic models of macroeconomics and illustrates principles with the experience of the U.S. and foreign economies

Course Curriculum

  • Notes for lecture sessions 1–7 Unlimited
  • Financial Crisis and Our Models Unlimited
  • Introduction and the IS-LM Model Unlimited
  • Explaining C. Romer Numbers Unlimited
  • Medium Run Unlimited
  • U.S. Trade Balance and Current Account in 2009 Unlimited
  • Fiscal Policy Unlimited
  • Time Inconsistency and the Inflation Bias Unlimited
  • The Crisis: Where Are We? Unlimited

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Massachusetts Institute of Technology
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