About the Course
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15.012
Applied Macro and International Economics |
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Overview
Subject uses case studies to investigate the macro-environment in which firms operate. The first section develops the basic tools of macroeconomic management: monetary, fiscal, and exchange rate policy. The second section evaluates different strategies of economic development, with topics ranging from trade and industrial policy to reliance on natural resources and international institutions. The third section discusses four crises in emerging markets in the 1990's and examines the causes of these crises as well as how best to address them and prevent them from reoccurring in the future. The final section evaluates several major challenges facing developed countries in the 1990's, such as integration, global recession, and unemployement. Instructors Professor Lester Thurow Course Assistant Doris Hagen Teaching Assistants Anish Goel:
anish@mit.edu |
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