Archived Versions

14.05 Intermediate Applied Macroeconomics

As taught in: Fall 2005

Photograph of U.S. currency.

U.S. Currency. (Photograph by Daniel Bersak.)




Prof. Peter Termin

Course Features

Course Description

This subject considers three topics of macroeconomics that are alive and controversial for policy today. The topics are: economic growth - the roles of capital accumulation, increased education, and technological progress in determining economic growth; savings - the effect of government and private debt on economic growth; and exchange-rate regimes - their role in the Great Depression and today.