This is a practically oriented course in macroeconomic theory and policy. It begins with a review of core concepts and definitions. It then discusses the contributions of households and firms to aggregate production and spending. Next is an introduction to monetary and fiscal policy. It goes on to develop a complete macro model, which is then used to discuss some of the monetary, fiscal and exchange rate policy issues faced by developing and emerging market economies. The class is offered as an alternative to Econ 505 for those not intending to specialize in macroeconomics. Consequently, it does not qualify as a prerequisite for Econ 515.
The Class: Type: lecture
Requirements/Evaluation: two hour tests and a comprehensive final exam
Extra Info: may not be taken on a pass/fail basis; not available for the fifth course option
Prerequisites: none; enrollment limited to CDE students
Distributions: Division II;
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- ECON 506 - 01 (F) LEC Fund Developing Country Macro