Introduction to the Macroeconomics of Monetary and Fiscal Policy

This course is currently at capacity. Students who currently are on the waitlist will be given priority if places become available.

*Taught Online*  The course focuses on monetary and fiscal issues in the macroeconomy and their interplay. In the first part we will study topics such as the existence of a monetary economy, inflation, and the inflation tax, the Phillips curve, and the real effects of money, liquidity risks and the role of money. In the second part of the course we will study topics such as fiscal policy, government debt, taxation, credit market imperfections and social security. An effort will be made to tackle these issues within unified and simple dynamic frameworks.