Lecture: Mondays 5:30-8:20pm (web-based course)
Scope and Objectives
This course presents a broad examination of monetary and fiscal policies that governments may use to pursue macroeconomic objectives such as steady output growth, high employment, and low inflation. Attention is given to theoretical models, empirical tests, and relevant institutional details of the U.S. Specific topics include monetary theory, the transmission of monetary policy, international comparisons of monetary policy design, theories of fiscal policy, and analysis of the empirical effects of fiscal policy.
By the end of this course, students should be able to
You are expected to have a working knowledge of introductory macroeconomics (ECON 1A) and introductory statistics (STAT 1), before coming into this course. The readings, notes, and assignments for this course require a working knowledge of lower division economic theory and statistics.