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


Intermediate Applied Macroeconomics

Photograph of U.S. currency.

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


MIT Course Number


As Taught In

Fall 2005



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.

Archived Versions

Termin, Peter. 14.05 Intermediate Applied Macroeconomics, Fall 2005. (MIT OpenCourseWare: Massachusetts Institute of Technology), (Accessed). License: Creative Commons BY-NC-SA

For more information about using these materials and the Creative Commons license, see our Terms of Use.