Spring 2018  |  ECON 4731 Section 001: Macroeconomic Policy (68169)

Instructor(s)
Class Component:
Lecture
Credits:
3 Credits
Grading Basis:
Student Option
Instructor Consent:
No Special Consent Required
Instruction Mode:
In Person Term Based
Times and Locations:
Regular Academic Session
 
01/16/2018 - 05/04/2018
Tue, Thu 05:00PM - 07:00PM
UMTC, West Bank
Hanson Hall 1-111
Enrollment Status:
Open (34 of 70 seats filled)
Course Catalog Description:
Monetary vs. fiscal policy debate in the context of the underlying macroeconomic theory controversy. Comparison of Keynesian, Monetarist, and Classical theories; rational expectations; policy ineffectiveness; time inconsistency; rules vs. discretion; budget deficits; unemployment and inflation. prereq: 3101, 3102 or equiv
Class Description:
The emphasis of this course is on Macroeconomic Policy, studied in a quantitatively rigorous way. We begin by reviewing the household consumption and leisure choice, and the market-clearing model. We then study inflation, unemployment, growth, taxation, government debt, and monetary policy and fiscal policy.
Exam Format:
problems, short essay
Class Format:
95% Lecture
5% Discussion
Workload:
30-40 Pages Reading Per Week
2 Exam(s)
Textbooks:
https://bookstores.umn.edu/course-lookup/68169/1183
Instructor Supplied Information Last Updated:
4 September 2007

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