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Institution:
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Clark University
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Subject:
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Description:
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This course introduces real business-cycle theory as well as monetary models and business cycle theory with nominal rigidities in a closed economy setting. The course also presents the microeconomic foundations of nominal rigidities, the demand for money and the effect of monetary policy and dynamic inconsistency. Prerequisite: ECON 303
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Credits:
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1.00
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Credit Hours:
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Prerequisites:
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ECON 303
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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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(508) 793-7711
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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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