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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 is designed to introduce classic macroeconomic issues such as growth, inflation, unemployment, interest rates, exchange rates, technological progress, and budget deficits. The course will provide a unified framework to address these issues and to study the impact of different policies, such as monetary and fiscal policies, on th
Author(s):
Tag(s):
- economics
- principles of macroeconomics
- measuring macroeconomic variables
- production functions
- labor markets
- consumption
- investment
- economic growth
- is-lm model
- as-ad model
- classical business policy
- price rigidity
- wage rigidity
- monetary policy
- fiscal policy
- economic crises
- policy in an open economy
- global economic imbalances
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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 covers, with a focus on both theory and empirics, advanced topics in international trade (as well as inter-regional trade and economic geography). It includes the study of positive issues, such as: Why do countries trade? What goods do countries trade? What are the implications of openness for the location of production, industr
Author(s):
Tag(s):
- economics
- international economics
- international trade
- ricardian model
- law of comparative advantage
- ricardo-viner model
- heckscher-ohlin model
- neoclassical trade theories
- monopolistic competition
- trade theory
- firm-level heterogeneity
- foreign investment
- gravity models
- trade and growth
- labor markets
- offshoring
- fragmentation of production
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