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14.64 Labor Economics and Public Policy (MIT) 14.64 Labor Economics and Public Policy (MIT)
Description
This course is an introduction to labor economics with an emphasis on applied microeconomic theory and empirical analysis. We are especially interested in the link between research and public policy. Topics to be covered include: labor supply and demand, taxes and transfers, minimum wages, immigration, human capital, education production, inequality, discrimination, unions and strikes, and unemployment. This course is an introduction to labor economics with an emphasis on applied microeconomic theory and empirical analysis. We are especially interested in the link between research and public policy. Topics to be covered include: labor supply and demand, taxes and transfers, minimum wages, immigration, human capital, education production, inequality, discrimination, unions and strikes, and unemployment.Subjects
labor Economics | labor Economics | public policy | public policy | applied microeconomics | applied microeconomics | empirical analysis | empirical analysis | labor supply and demand | labor supply and demand | taxes and transfers | taxes and transfers | human capital | human capital | minimum wages | minimum wages | income distribution | income distribution | unions and strikes | unions and strikes | immigration | immigration | incentives | incentives | discrimination | discrimination | unemployment and unemployment insurance | unemployment and unemployment insurance | bargaining | bargaining | economics of the family | economics of the family | decision to work | decision to work | home production | home production | monpsony | monpsony | education | education | training | trainingLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htmSite sourced from
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See all metadata14.02 Principles of Macroeconomics (MIT) 14.02 Principles of Macroeconomics (MIT)
Description
This course will provide an overview of macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed, as are the public debt and international economic issues. It introduces basic models of macroeconomics and illustrates principles with the experience of the United States and other economies. This course will provide an overview of macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed, as are the public debt and international economic issues. It introduces basic models of macroeconomics and illustrates principles with the experience of the United States and other economies.Subjects
Economics | Economics | Macroeconomics | Macroeconomics | the determination of output | the determination of output | employment | employment | unemployment | unemployment | interest rates | interest rates | inflation | inflation | Monetary and fiscal policies are discussed | Monetary and fiscal policies are discussed | as are the public debt and international economic issues | as are the public debt and international economic issues | the determination of output | employment | unemployment | interest rates | and inflation | the determination of output | employment | unemployment | interest rates | and inflation | Monetary and fiscal policies are discussed | as are the public debt and international economic issues | Monetary and fiscal policies are discussed | as are the public debt and international economic issues | Monetary policies | Monetary policies | Fiscal policies | Fiscal policiesLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htmSite sourced from
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See all metadata14.64 Labor Economics and Public Policy (MIT) 14.64 Labor Economics and Public Policy (MIT)
Description
The course is an introduction to the field of Labor Economics, with an eye to helping students think critically about research and public policy. The emphasis is on applied microeconomics and empirical analysis. Topics to be covered include: labor supply and demand, taxes and transfers, human capital, minimum wages, income distribution, unions and strikes, immigration, incentives, discrimination, unemployment and unemployment insurance. The course is an introduction to the field of Labor Economics, with an eye to helping students think critically about research and public policy. The emphasis is on applied microeconomics and empirical analysis. Topics to be covered include: labor supply and demand, taxes and transfers, human capital, minimum wages, income distribution, unions and strikes, immigration, incentives, discrimination, unemployment and unemployment insurance.Subjects
Labor Economics | Labor Economics | public policy | public policy | applied microeconomics | applied microeconomics | empirical analysis | empirical analysis | labor supply and demand | labor supply and demand | taxes and transfers | taxes and transfers | human capital | human capital | minimum wages | minimum wages | income distribution | income distribution | unions and strikes | unions and strikes | immigration | immigration | incentives | incentives | discrimination | discrimination | unemployment and unemployment insurance | unemployment and unemployment insuranceLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htmSite sourced from
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See all metadata14.64 Labor Economics and Public Policy (MIT)
Description
The course is an introduction to the field of Labor Economics, with an eye to helping students think critically about research and public policy. The emphasis is on applied microeconomics and empirical analysis. Topics to be covered include: labor supply and demand, taxes and transfers, human capital, minimum wages, income distribution, unions and strikes, immigration, incentives, discrimination, unemployment and unemployment insurance.Subjects
Labor Economics | public policy | applied microeconomics | empirical analysis | labor supply and demand | taxes and transfers | human capital | minimum wages | income distribution | unions and strikes | immigration | incentives | discrimination | unemployment and unemployment insuranceLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htmSite sourced from
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See all metadata14.64 Labor Economics and Public Policy (MIT)
Description
This course is an introduction to labor economics with an emphasis on applied microeconomic theory and empirical analysis. We are especially interested in the link between research and public policy. Topics to be covered include: labor supply and demand, taxes and transfers, minimum wages, immigration, human capital, education production, inequality, discrimination, unions and strikes, and unemployment.Subjects
labor Economics | public policy | applied microeconomics | empirical analysis | labor supply and demand | taxes and transfers | human capital | minimum wages | income distribution | unions and strikes | immigration | incentives | discrimination | unemployment and unemployment insurance | bargaining | economics of the family | decision to work | home production | monpsony | education | trainingLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htmSite sourced from
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See all metadata14.661 Labor Economics I (MIT) 14.661 Labor Economics I (MIT)
Description
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and institutions in the labor market. There is particular emphasis on the interaction of theoretical and empirical modeling and the development of independent research interests. Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and institutions in the labor market. There is particular emphasis on the interaction of theoretical and empirical modeling and the development of independent research interests.Subjects
labor economics | public policy | schooling | learning | matching | experience | wages | minimum wage | college | investment | training | firms | corporations | labor | unions | panel data | neoclassical model | turnover models | turnover | economics | labor economics | public policy | schooling | learning | matching | experience | wages | minimum wage | college | investment | training | firms | corporations | labor | unions | panel data | neoclassical model | turnover models | turnover | economics | labor | labor | market | market | statistics | statistics | theory | theory | neoclassical | neoclassical | supply | supply | model | model | life-cycle | life-cycle | demand | demand | wages | wages | immigration | immigration | human capital | human capital | econometrics | econometrics | liquidity | liquidity | constraints | constraints | mobility | mobility | incentives | incentives | organization | organization | moral hazard | moral hazard | insurance | insurance | investments | investments | efficiency | efficiency | unemployment | unemployment | search | search | jobs | jobs | training | training | capital | capital | firm | firm | technology | technology | skills | skills | risk | risk | signaling | signaling | discrimination | discrimination | self-selection | self-selection | learning | learning | natives | nativesLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htmSite sourced from
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Subjects
poverty | poverty | boy | boy | portrait | portrait | blur | blur | male | male | eye | eye | youth | youth | scarf | scarf | mouth | mouth | hair | hair | nose | nose | interesting | interesting | child | child | hand | hand | unitedkingdom | unitedkingdom | head | head | mark | mark | coat | coat | poor | poor | grain | grain | young | young | vessel | vessel | historic | historic | criminal | criminal | fabric | fabric | crime | crime | cap | cap | ear | ear | button | button | archives | archives | wallace | wallace | mugshot | mugshot | unusual | unusual | tear | tear | shoulder | shoulder | theft | theft | tynemouth | tynemouth | policestation | policestation | crease | crease | unemployed | unemployed | attentive | attentive | waistcoat | waistcoat | edwardian | edwardian | struggle | struggle | stealing | stealing | prisoner | prisoner | unemployment | unemployment | fascinating | fascinating | digitalimage | digitalimage | grandhotel | grandhotel | labourer | labourer | charged | charged | vulnerable | vulnerable | larceny | larceny | northshields | northshields | hardship | hardship | slinger | slinger | northtyneside | northtyneside | socialhistory | socialhistory | newcastlebreweries | newcastlebreweries | blackandwhitephotograph | blackandwhitephotograph | northeastofengland | northeastofengland | francissmith | francissmith | neutralbackground | neutralbackground | albertpollard | albertpollard | leniency | leniency | coppervessel | coppervessel | northshieldspolicecourt | northshieldspolicecourt | 19021916 | 19021916 | northshieldspolicestation | northshieldspolicestation | detectiveradcliffe | detectiveradcliffe | chiefconstablehuish | chiefconstablehuish | criminalfacesofnorthshieldschildren | criminalfacesofnorthshieldschildren | newcastlebreweriescoy | newcastlebreweriescoy | marinestoredealer | marinestoredealerLicense
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See all metadata14.661 Labor Economics I (MIT) 14.661 Labor Economics I (MIT)
Description
The aim of this course is to acquaint students with traditional topics in labor economics and to encourage the development of independent research interests. We will cover a systematic development of the theory of labor supply, labor demand, and human capital. Topics include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and institutions in the labor market. There will be particular emphasis on the interaction between theoretical and empirical modeling. The aim of this course is to acquaint students with traditional topics in labor economics and to encourage the development of independent research interests. We will cover a systematic development of the theory of labor supply, labor demand, and human capital. Topics include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and institutions in the labor market. There will be particular emphasis on the interaction between theoretical and empirical modeling.Subjects
labor economics | labor economics | public policy | public policy | immigration | immigration | human capital | human capital | econometrics | econometrics | minimum wage | minimum wage | public education | public education | job training | job training | labor | labor | unions | unions | neoclassical model | neoclassical model | life-cycle | life-cycle | insurance | insurance | unemployment | unemployment | signaling | signalingLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htmSite sourced from
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Modern labor economics seeks to understand the complex workings of the labor market by studying the dynamics between employers, employees, and their wage-, price-, and profit-making incentives. It also analyzes the behavior of employers and employees and studies their responses to changes in government policies and/or in the demographic composition of the labor force. This free course may be completed online at any time. See course site for detailed overview and learning outcomes. (Economics 303)Subjects
labor | economics | market | policy | elasticity | labor market equilibrium | compensating wage differentials | human capital | labor mobility | immigration | job turnover | discrimination | unemployment | natural rate of unemployment | unions | Social studies | L000License
Attribution 2.0 UK: England & Wales Attribution 2.0 UK: England & Wales http://creativecommons.org/licenses/by/2.0/uk/ http://creativecommons.org/licenses/by/2.0/uk/Site sourced from
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Subjects
ireland | ireland | drums | drums | 1930s | 1930s | uniforms | uniforms | waterford | waterford | munster | munster | flutes | flutes | glassnegative | glassnegative | 1899 | 1899 | dungarvan | dungarvan | cowaterford | cowaterford | bandmaster | bandmaster | delasallecollege | delasallecollege | helvick | helvick | fifeanddrumband | fifeanddrumband | 25thjuly1915 | 25thjuly1915 | ahpoole | ahpoole | locationidentified | locationidentified | poolecollection | poolecollection | arthurhenripoole | arthurhenripoole | robertemmetindependentband | robertemmetindependentband | erinshopeprizefluteband | erinshopeprizefluteband | brianborusmarch | brianborusmarch | williammodge | williammodge | regimentalmarchmeaghersflag | regimentalmarchmeaghersflag | irishamericanfenians | irishamericanfenians | brigantineerinshope | brigantineerinshope | fenianrising | fenianrising | unemploymentmarchdemonstration | unemploymentmarchdemonstration | anticommunismopportunity | anticommunismopportunity | nationallibraryofirelandwaterfordbandfanfareflutesfifesdrumssteps | nationallibraryofirelandwaterfordbandfanfareflutesfifesdrumssteps | 100ishyearsago | 100ishyearsagoLicense
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See all metadata14.461 Advanced Macroeconomics I (MIT) 14.461 Advanced Macroeconomics I (MIT)
Description
This course covers three sets of topics. The first part will cover business cycle models with imperfect information. We will ask questions such as: What shocks drive business cycles? What is the relative role of shocks to fundamentals and shocks affecting expectations about (current and future) economic developments? How do informational frictions affect the shape of the responses to various shocks? The second part will cover models of investment with credit constraints. We will ask questions such as: What is the transmission mechanism from shocks to the financial sector to the real economy? What determines optimal decisions about capitalization at the individual and at the social level? The third part will cover search models of decentralized trade applied both to labor markets and to This course covers three sets of topics. The first part will cover business cycle models with imperfect information. We will ask questions such as: What shocks drive business cycles? What is the relative role of shocks to fundamentals and shocks affecting expectations about (current and future) economic developments? How do informational frictions affect the shape of the responses to various shocks? The second part will cover models of investment with credit constraints. We will ask questions such as: What is the transmission mechanism from shocks to the financial sector to the real economy? What determines optimal decisions about capitalization at the individual and at the social level? The third part will cover search models of decentralized trade applied both to labor markets and toSubjects
news about the future and fluctuations | news about the future and fluctuations | dispersed information | dispersed information | estimating models with imperfect information | estimating models with imperfect information | models with limited pledgeability | models with limited pledgeability | models with corporate control problems | models with corporate control problems | models with intermediation and securitization | models with intermediation and securitization | financial frictions | financial frictions | investment | investment | labor market search and inefficiency | labor market search and inefficiency | wage dispersion | wage dispersion | moral hazard | moral hazard | optimal unemployment insurance | optimal unemployment insurance | money search | money search | liquidity | liquidity | adverse selection and lemons problem | adverse selection and lemons problem | decentralized trading in financial markets | decentralized trading in financial marketsLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htmSite sourced from
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See all metadata14.462 Advanced Macroeconomics II (MIT) 14.462 Advanced Macroeconomics II (MIT)
Description
Professor Blanchard will discuss shocks, labor markets and unemployment, and dynamic stochastic general equilibrium models (DSGE models). Professor Lorenzoni will cover demand shocks, macroeconomic effects of news (with or without nominal rigidities), investment with credit constraints, and liquidity with its aggregate effects. Professor Blanchard will discuss shocks, labor markets and unemployment, and dynamic stochastic general equilibrium models (DSGE models). Professor Lorenzoni will cover demand shocks, macroeconomic effects of news (with or without nominal rigidities), investment with credit constraints, and liquidity with its aggregate effects.Subjects
macroeconomics | macroeconomics | advanced | advanced | Shocks | Shocks | Reallocation | Reallocation | unemployment | unemployment | Dynamic stochastic general equilibrium models | Dynamic stochastic general equilibrium models | DSGE | DSGE | Investment with credit constraints | Investment with credit constraints | Liquidity | Liquidity | aggregate effects | aggregate effectsLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htmSite sourced from
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This course treats public-sector policies, programs, and projects that attempt to reduce poverty and unemployment in developing countries through directly income-generating activities and employment. Topics covered are (1) employment and local economic development, particularly as related to the informal sector, small and medium enterprises, and workers; (2) the political economy of local economic-development initiatives; (3) lessons from policy and implementation experiences; (4) worker conditions, standards, and rights; and (5) associations among small (and often medium) firms, and among workers. The course links these approaches to the broader literature on poverty reduction, economic development, politics, and the reform of government. It discusses the types of initiatives, tasks, and This course treats public-sector policies, programs, and projects that attempt to reduce poverty and unemployment in developing countries through directly income-generating activities and employment. Topics covered are (1) employment and local economic development, particularly as related to the informal sector, small and medium enterprises, and workers; (2) the political economy of local economic-development initiatives; (3) lessons from policy and implementation experiences; (4) worker conditions, standards, and rights; and (5) associations among small (and often medium) firms, and among workers. The course links these approaches to the broader literature on poverty reduction, economic development, politics, and the reform of government. It discusses the types of initiatives, tasks, andSubjects
public sector | public sector | policies | policies | programs | programs | projects | projects | poverty | poverty | unemployment | unemployment | developing countries | developing countries | local economic development | local economic development | informal sector | informal sector | small enterprises | small enterprises | political economy | political economy | local economic development initiatives | local economic development initiatives | implementation | implementation | worker conditions | worker conditions | associations | associations | government reform | government reform | poverty reduction | poverty reduction | equitable outcomes | equitable outcomesLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htmSite sourced from
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See all metadata14.472 Public Economics II (MIT) 14.472 Public Economics II (MIT)
Description
This course covers theory and evidence on government expenditure policy-- topics include: The theory of public goods; Education; State and local public goods; Political economy; Redistribution and welfare policy; Social insurance programs such as social security and unemployment insurance; and Health care policy. This course covers theory and evidence on government expenditure policy-- topics include: The theory of public goods; Education; State and local public goods; Political economy; Redistribution and welfare policy; Social insurance programs such as social security and unemployment insurance; and Health care policy.Subjects
expenditure policy | expenditure policy | theory of public goods | theory of public goods | state public goods | state public goods | local public goods | local public goods | political economy | political economy | welfare policy | welfare policy | social insurance | social insurance | social security | social security | unemployment insurance | unemployment insurance | health care policy | health care policyLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htmSite sourced from
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See all metadata14.02 Principles of Macroeconomics (MIT) 14.02 Principles of Macroeconomics (MIT)
Description
This course provides an overview of the following macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed, as are public debt and international economic issues. This course also introduces basic models of macroeconomics and illustrates principles with the experience of the United States and other economies. This course provides an overview of the following macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed, as are public debt and international economic issues. This course also introduces basic models of macroeconomics and illustrates principles with the experience of the United States and other economies.Subjects
macroeconomics | macroeconomics | economics | economics | output | output | employment | employment | determination | determination | unemployment | unemployment | interest rates | interest rates | Federal Reserve | Federal Reserve | inflation | inflation | monetary policy | monetary policy | fiscal policy | fiscal policy | public debt | public debt | international economics | international economics | goods market | goods market | market | market | financial markets | financial markets | open economy | open economy | exchange rate | exchange rate | labor market | labor market | phillips curve | phillips curve | growth | growth | Solow's model | Solow's model | MACROECONOMICS | MACROECONOMICS | ECONOMICS | ECONOMICS | OUTPUT | OUTPUT | Macroeconomics | Macroeconomics | EMPLOYMENT | EMPLOYMENT | DETERMINATION | DETERMINATION | UNEMPLOYMENT | UNEMPLOYMENT | INTEREST RATES | INTEREST RATES | FEDERAL RESERVE | FEDERAL RESERVE | INFLATION | INFLATION | MONETARY POLICY | MONETARY POLICY | FISCAL POLICY | FISCAL POLICY | PUBLIC DEBT | PUBLIC DEBT | INTERNATIONAL ECONOMICS | INTERNATIONAL ECONOMICS | GOODS MARKET | GOODS MARKET | MARKET | MARKET | FINANCIAL MARKETS | FINANCIAL MARKETS | OPEN ECONOMY | OPEN ECONOMY | EXCHANGE RATE | EXCHANGE RATE | LABOR MARKET | LABOR MARKET | PHILLIPS CURVE | PHILLIPS CURVE | GROWTH | GROWTH | SOLOW'S MODEL | SOLOW'S MODEL | Economics | Economics | Output | Output | Employment | Employment | Determination | Determination | Unemployment | Unemployment | Interest Rates | Interest Rates | Inflation | Inflation | Monetary Policy | Monetary Policy | Fiscal Policy | Fiscal Policy | Public Debt | Public Debt | International Economics | International Economics | Goods Market | Goods Market | Market | Market | Financial Markets | Financial Markets | Open Economy | Open Economy | Exchange Rate | Exchange Rate | Labor Market | Labor Market | Phillips Curve | Phillips Curve | Growth | Growth | Solow's Model | Solow's ModelLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htmSite sourced from
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See all metadata14.661 Labor Economics I (MIT) 14.661 Labor Economics I (MIT)
Description
The aim of this course is to acquaint students with traditional topics in labor economics and to encourage the development of independent research interests. This course is taught in two parts: Fall term and then in the subsequent Fall term. The aim of this course is to acquaint students with traditional topics in labor economics and to encourage the development of independent research interests. This course is taught in two parts: Fall term and then in the subsequent Fall term.Subjects
Economics | Economics | labor | labor | market | market | statistics | statistics | theory | theory | neoclassical | neoclassical | supply | supply | model | model | life-cycle | life-cycle | demand | demand | wages | wages | immigration | immigration | human capital | human capital | econometrics | econometrics | liquidity | liquidity | constraints | constraints | mobility | mobility | incentives | incentives | organization | organization | moral hazard | moral hazard | insurance | insurance | investments | investments | efficiency | efficiency | unemployment | unemployment | search | search | jobs | jobs | training | training | capital | capital | firm | firm | technology | technology | skills | skills | risk | risk | signaling | signaling | discrimination | discrimination | self-selection | self-selection | learning | learning | natives | nativesLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htmSite sourced from
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See all metadata14.06 Intermediate Macroeconomic Theory (MIT) 14.06 Intermediate Macroeconomic Theory (MIT)
Description
This course is a survey of modern macroeconomics at a quite advanced level. Topics include the neoclassical growth model, overlapping generations, endogenous growth models, business cycles, incomplete nominal adjustment, incomplete financial markets, fiscal and monetary policy, consumption and savings, and unemployment. The course is also an introduction to the mathematical tools used in modern macroeconomics, including dynamic systems, optimal control, and dynamic programming. This course is a survey of modern macroeconomics at a quite advanced level. Topics include the neoclassical growth model, overlapping generations, endogenous growth models, business cycles, incomplete nominal adjustment, incomplete financial markets, fiscal and monetary policy, consumption and savings, and unemployment. The course is also an introduction to the mathematical tools used in modern macroeconomics, including dynamic systems, optimal control, and dynamic programming.Subjects
advanced macroeconomics | advanced macroeconomics | dynamic programming | dynamic programming | neoclassical theory | neoclassical theory | new growth theory | new growth theory | consumption | consumption | saving behavior | saving behavior | investment | investment | unemployment | unemployment | financial markets | financial markets | asset pricing | asset pricing | public finance | public finance | externalities | externalities | research and development | research and development | innovation | innovation | business cycles | business cycles | nominal adjustment | nominal adjustmentLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htmSite sourced from
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See all metadata14.06 Intermediate Macroeconomic Theory (MIT) 14.06 Intermediate Macroeconomic Theory (MIT)
Description
This course is a survey of modern macroeconomics at a fairly advanced level. Topics include neoclassical and new& growth theory, consumption and saving behavior, investment, and unemployment. It also includes use of the dynamic programming techniques. Assignments include problem sets and written discussions of macroeconomic events. This course is recommended for students planning to apply to graduate school in economics. This course is a survey of modern macroeconomics at a fairly advanced level. Topics include neoclassical and new& growth theory, consumption and saving behavior, investment, and unemployment. It also includes use of the dynamic programming techniques. Assignments include problem sets and written discussions of macroeconomic events. This course is recommended for students planning to apply to graduate school in economics.Subjects
advanced macroeconomics | advanced macroeconomics | dynamic programming | dynamic programming | neoclassical and new growth theory | neoclassical and new growth theory | consumption and saving behavior | consumption and saving behavior | investment | investment | unemployment | unemploymentLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htmSite sourced from
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See all metadata14.02 Principles of Macroeconomics (MIT)
Description
This course will provide an overview of macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed, as are the public debt and international economic issues. It introduces basic models of macroeconomics and illustrates principles with the experience of the United States and other economies.Subjects
Economics | Macroeconomics | the determination of output | employment | unemployment | interest rates | inflation | Monetary and fiscal policies are discussed | as are the public debt and international economic issues | the determination of output | employment | unemployment | interest rates | and inflation | Monetary and fiscal policies are discussed | as are the public debt and international economic issues | Monetary policies | Fiscal policiesLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htmSite sourced from
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15.014 focuses on using case studies to investigate the macroenvironment in which firms operate. The course is divided in five parts: Basic tools of macroeconomic management Evaluation of different economic development strategies Crises in emerging markets: causes, solutions, and prevention Problems faced by transition economies Challenges of developed countries This course is a full-term version of Applied Macro- and International Economics (15.012), with additional topics. 15.014 focuses on using case studies to investigate the macroenvironment in which firms operate. The course is divided in five parts: Basic tools of macroeconomic management Evaluation of different economic development strategies Crises in emerging markets: causes, solutions, and prevention Problems faced by transition economies Challenges of developed countries This course is a full-term version of Applied Macro- and International Economics (15.012), with additional topics.Subjects
macroeconomics | macroeconomics | international economics | international economics | world economies | world economies | global trade | global trade | economic policy | economic policy | inflation | inflation | interest rates | interest rates | exchange rates | exchange rates | national economic strategies | national economic strategies | developing nations | developing nations | currency crisis | currency crisis | transition economies | transition economies | global markets | global markets | world bank | world bank | IMF | IMF | international monetary fund | international monetary fund | monetary policy | monetary policy | depression | depression | unemployment | unemployment | international financial architecture | international financial architectureLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htmSite sourced from
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15.014 focuses on using case studies to investigate the macroenvironment in which firms operate. The course is divided in five parts: Basic tools of macroeconomic management Evaluation of different economic development strategies Crises in emerging markets: causes, solutions, and prevention Problems faced by transition economies Challenges of developed countries This course is a full-term version of Applied Macro- and International Economics (15.012), with additional topics. 15.014 focuses on using case studies to investigate the macroenvironment in which firms operate. The course is divided in five parts: Basic tools of macroeconomic management Evaluation of different economic development strategies Crises in emerging markets: causes, solutions, and prevention Problems faced by transition economies Challenges of developed countries This course is a full-term version of Applied Macro- and International Economics (15.012), with additional topics.Subjects
macroeconomics | macroeconomics | international economics | international economics | world economies | world economies | global trade | global trade | economic policy | economic policy | inflation | inflation | interest rates | interest rates | exchange rates | exchange rates | national economic strategies | national economic strategies | developing nations | developing nations | currency crisis | currency crisis | transition economies | transition economies | global markets | global markets | world bank | world bank | IMF | IMF | international monetary fund | international monetary fund | monetary policy | monetary policy | depression | depression | unemployment | unemployment | international financial architecture | international financial architectureLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htmSite sourced from
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See all metadata14.02 Principles of Macroeconomics (MIT) 14.02 Principles of Macroeconomics (MIT)
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This course provides an overview of macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed. Important policy debates such as, the sub-prime crisis, social security, the public debt, and international economic issues are critically explored. The course introduces basic models of macroeconomics and illustrates principles with the experience of the U.S. and foreign economies. This course provides an overview of macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed. Important policy debates such as, the sub-prime crisis, social security, the public debt, and international economic issues are critically explored. The course introduces basic models of macroeconomics and illustrates principles with the experience of the U.S. and foreign economies.Subjects
macroeconomics | macroeconomics | unemployment | unemployment | recession | recession | financial crisis | financial crisis | inflation | inflation | economic policy | economic policy | financial market | financial market | Short Run | Short Run | Medium Run | Medium Run | government | governmentLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htmSite sourced from
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See all metadata15.014 Applied Macro- and International Economics II (MIT)
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This course seeks to establish understanding of the development processes of societies and economies by studying several dimensions of sustainability (environmental, social, political, institutional, economy, organizational, relational, and personal) and the balance among them. It explores the basics of governmental intervention, focusing on areas such as the judicial system, environment, social security, and health, and builds skills to determine what type of policy is most appropriate. We also consider implications of new technologies on the financial sector: Internationalization of currencies, mobile payment systems, and cryptocurrencies, and discuss the institutional framework to ensure choices are sustainable across all dimensions and applications.Subjects
macroeconomics | international economics | world economies | global trade | economic policy | inflation | interest rates | exchange rates | national economic strategies | developing nations | currency crisis | transition economies | global markets | world bank | IMF | international monetary fund | monetary policy | depression | unemployment | international financial architectureLicense
Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htmSite sourced from
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The purpose of this course is to provide the student with a fundamental understanding of the principles of macroeconomics. Macroeconomists study how a country’s economy works and try to determine the best choices to improve the overall wellbeing of a nation. Typical topics include inflation (the overall level of prices), employment, fiscal policy (government taxing and spending), and money and banking (interest rates and lending policies). By studying macroeconomics and understanding the critical ideas and tools used to measure economic data, the student will have a better perspective on the issues and problems discussed in contemporary economics. This free course may be completed online at any time. See course site for detailed overview and learning outcomes. (Economics 102; See alsoSubjects
macroeconomics | government | economy | policy | markets | gross domestic product | output | unemployment | inflation | consumer price index | demand | income-expenditure model | money creation | federal reserve | labor market | developing countries | Social studies | L000License
Attribution 2.0 UK: England & Wales Attribution 2.0 UK: England & Wales http://creativecommons.org/licenses/by/2.0/uk/ http://creativecommons.org/licenses/by/2.0/uk/Site sourced from
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In this course, the student will build on and apply what was learned in the introductory macroeconomics course. The student will use the concepts of output, unemployment, inflation, consumption, and investment to study the dynamics of an economy at a more advanced level. As the course progresses, the student will gain a better appreciation for how policy shifts and changes in one sector impact the rest of the macroeconomy (whether the impacts are intended or unintended). The student will also examine the causes of inflation and depression, and discuss various approaches to responding to them. By the end of this course, the student should be able to think critically about the economy and develop a unique perspective on various issues. This free course may be completed online at any timeSubjects
gross domestic product | macroeconomics | employment | unemployment | consumption | capital | investment | fiscal policy | models | monetary policy | Social studies | L000License
Attribution 2.0 UK: England & Wales Attribution 2.0 UK: England & Wales http://creativecommons.org/licenses/by/2.0/uk/ http://creativecommons.org/licenses/by/2.0/uk/Site sourced from
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