Listed in: Economics, as ECON-53
Daniel P. Barbezat (Section 01)
This course develops macroeconomic models of the determinants of economic activity, inflation, unemployment, and economic growth. The models are used to analyze recent monetary and fiscal policy issues in the United States, and also to analyze the controversies separating schools of macroeconomic thought such as the New Keynesians, Monetarists and New Classicals. A student may not receive credit for both Economics 53 and Economics 57. Requisites: Economics 11 and Mathematics 11 or equivalent. First semester: Professor Barbezat. Second semester: Visiting Professor Yeldan.