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Econ 100 Clashing Views in Macroeconomics |
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Econ 100 Clashing Views in Macroeconomics |
Learning objectives and course description
Is inequality good for the economy or not? Was the Bush tax
cut of 2001 a success or a failure? Should the government adopt expansionary
fiscal policies at this juncture or refrain from any discretionary action aimed
to overcome the recession? In this
course we will explore why economists disagree on the answers to these and other
fundamental issues in macro economics, and how differences in assumptions lead
to different analyses and very different answers to current economic problems.
We will also derive a simple Keynesian model of the economy, one common
analytical approach in economics. Students will develop/sharpen their analytical
thinking through speaking, arguing, writing and quantitative analysis.