![The opening of a bank vault that has metal bars surrounded by a metal circle. The opening of a bank vault that has metal bars surrounded by a metal circle.](/courses/economics/14-02-principles-of-macroeconomics-spring-2014/14-02s14.jpg)
A bank vault at Washington Trust Company in Pittsburgh, Pennsylvania. (Image courtesy of Brook Ward. CC BY-NC.)
Instructor(s)
Prof. Francesco Giavazzi
MIT Course Number
14.02
As Taught In
Spring 2014
Level
Undergraduate
Course Description
Course Features
Course Description
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.
Other Versions
Other OCW Versions
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