Intermediate MacroeconomicsÃ¢â‚¬â€Spring 2011
The U.S. and world economies are in the midst of what has already been a long period of negative and/or slow growth, high unemployment, increasing inequality, and dysfunctional financial systems. Political economists, politicians, and pundits offer various and seemingly contradictory analysis and advice on the causes of the present state of affairs and on the urgent policy challenges we face. Can we reconcile -or at least appreciate-these differences, and can we arrive at our own informed understanding? This course draws on insights from economic theory, institutional analysis, and current events in considering such aspects of macroeconomic structure and performance as inflation, unemployment, growth, taxation, inequality, debt, money and credit, exchange rates, and trade policy.