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Institution:
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Trinity College
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Subject:
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Description:
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This course is designed to extend and develop students' understanding of macroeconomics beyond the intermediate (Economics 302) level. Discussion will focus on current macroeconomic events and issues in macroeconomic policy, and will proceed through the development of macroeconomic models, discussion of their results and policy implications and scrutiny of the empirical evidence presented in their defense. Questions addressed will include: Why is unemployment so much higher in Europe than in the United States Was a decline in the Non-Accelerating Inflation Rate of Unemployment (NAIRU) responsible for the reductions in unemployment and inflation witnessed during the late 1990s Does household indebtedness pose problems for future economic recovery Why did productivity growth accelerate during the 1990s How is monetary policy conducted and how does it affect macroeconomic outcomes Prerequisite: C- or better in Economics 301 and 302. Students must have taken or be concurrently enrolled in 318. 1.00 units, Lecture
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Credits:
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3.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(860) 297-2000
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Regional Accreditation:
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New England Association of Schools and Colleges
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Calendar System:
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Semester
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