This is an archived course. A more recent version may be available at ocw.mit.edu.

Advanced Search
    Translations*

    Calendar

    The optional readings focus on the analytical material and often go beyond what we will cover in class. These are based on:

    [DFS] = Dornbusch, Fisher and Startz, 1998, Macroeconomics, 7th Edition
    [KO] = Paul Krugman and Maurice Obstfeld's International Economics, Theory and Policy, Addison-Wesley, 5th Edition, 2000
    [M] = Gregory Mankiw, Macroeconomics, Worth Publishers, Fourth Edition, ISBN: 1-57259-644-9.

    LEC # Topics Optional Readings
    1 Basic Tools of Economic Management

    Compilation: The German Hyperinflation.

    HBS. Note on Money and Monetary Policy.
    2 Basic Tools of Economic Management

    HBS. The Great Depression: Causes and Impact.

    HBS. A Keynesian Cure for the Depression.
    3 Basic Tools of Economic Management

    HBS. The Reagan Plan.
    4 Development Strategies

    HBS. Singapore.

    HBS. Accounting for Productivity Growth.
    5 Development Strategies

    HBS. Chile: The Latin American Tiger?

    HBS. Note on Exchange Rate Determination.
    6 Emerging Market Crises

    HBS. The 1994-95 Mexican Peso Crisis.
    7 Emerging Market Crises

    Eichengreen, B. Understanding Asia's Crisis.

    Eichengreen, B. How Economists Understand Crisis?
    8 Emerging Market Crises

    HBS. Menem and the Populist Tradition in Argentina.
    9 Transition Economies and Africa

    HBS. Russia - 1994.

    HBS. Bribery and Corruption.
    10 Transition Economies and Africa

    HBS. China: Facing the 21st Century.

    HBS. Transition to a Market Economy.
    11 Transition Economies and Africa

    HBS. Uganda and the Washington Consensus.
    12 Challenges of the Developed Economies

    HBS. European Monetary Union.
    13 Challenges of the Developed Economies

    HBS. Unemployment in France: Priority Number One.
    14 Challenges of the Developed Economies

    HBS. Japan: Free, Fair and Global?
    15 Challenges of the Developed Economies

    New Trade Issues and the Genetically Modified Foods:

    Ferrantino, M. "International Trade, Environment Quality and Public Policy."

    The Economist. "Getting Better all the Time."
    16 Challenges of the Developed Economies

    The debate on Globalization:

    Golub, S. "Does trade with low wage countries hurt american workers?"

    Feenstra, R. "Integration of Trade and Disintegration of Production in the Global Economy."
     

    Final Exam in Class - open book