14.02 Principles of Macroeconomics

As taught in: Fall 2004

Graph of investment share of Gross Domestic Product.

Investment share of Gross Domestic Product (GDP). (Figure by MIT OCW. After sources: BEA; Datastream; St. Louis Federal Reserve.)

Level:

Undergraduate

Instructors:

Prof. Ricardo Caballero

Course Features

Course 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.