Archived Versions

14.02 Principles of Macroeconomics

As taught in: Fall 2009

Black and white photograph of the inside of one of the vaults in the Dallas Federal Reserve Bank. The thick door is open and some of the safes inside are open, too.

One of the two original vaults at the Dallas Federal Reserve Bank, Dallas, Texas. Learn more about monetary policy in lecture notes. (Image by ostrograd on Flickr.)

Level:

Undergraduate

Instructors:

Prof. Veronica Guerrieri

Course Features

Course Description

This course is designed to introduce classic macroeconomic issues such as growth, inflation, unemployment, interest rates, exchange rates, technological progress, and budget deficits. The course will provide a unified framework to address these issues and to study the impact of different policies, such as monetary and fiscal policies, on the aggregate behavior of individuals. These analytical tools will be used to understand the recent experience of the United States and other countries and to address how current policy initiatives affect their macroeconomic performance.