14.05 Intermediate Applied Macroeconomics, Fall 2005
Intermediate Applied Macroeconomics
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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.
exchange-rate, Great Depression, capital accumulation, economic growth, public debt, private debt