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Published by: Massachusetts Institute of Technology | Language: English
Published by: Massachusetts Institute of Technology | Language: English
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This course provides an overview of the following macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed, as are public debt and international economic issues. This course also introduces basic models of macroeconomics and illustrates principles
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Tag(s):
- economics
- macroeconomics
- economics
- output
- employment
- determination
- unemployment
- interest rates
- federal reserve
- inflation
- monetary policy
- fiscal policy
- public debt
- international economics
- goods market
- market
- financial markets
- open economy
- exchange rate
- labor market
- phillips curve
- growth
- solow's model
- macroeconomics
- economics
- ou
More OCW like this |
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Published by: Massachusetts Institute of Technology | Language: English
Published by: Massachusetts Institute of Technology | Language: English
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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. 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 facto
Author(s):
Tag(s):
- economics
- economic equilibrium
- economic crisis
- bubbles
- ex-post trading
- social optimum
- trading restrictions
- bank runs
- market contagion
- liquidity
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