14.05 Intermediate Applied Macroeconomics, Fall 2002
US Currency. (Photograph by Daniel Bersak.)
Highlights of this Course
Course Description
This subject considers three topics of macroeconomics that are alive and
controversial for policy today.
The topics are: exchange-rate regimes- their role in the Great Depression and
today; economic growth- the roles of capital accumulation, increased education, and technological progress in determining economic growth; and savings- the effect of government and private debt on economic growth.