ECON 356
Spring 2022 not offered
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What can history teach us about macroeconomic policy? This course will use American macroeconomic history from 1870 to the present to explore key issues in macroeconomic policy which remain relevant today. We will both extend the theoretical frameworks presented in ECON302 and delve into the empirical literature on both historical and contemporary monetary and fiscal policy. Students will produce an original, independent research paper on a topic relating to macroeconomics. Previous completion of or concurrent enrollment in ECON385 is useful though not required. |
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| Credit: 1 |
Gen Ed Area Dept:
SBS ECON |
| Course Format: Lecture / Discussion | Grading Mode: |
| Level: UGRD |
Prerequisites: ECON300 AND ECON302 |
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Fulfills a Requirement for: (ECON-MN)(ECON) |
Major Readings:
Romer, David, SHORT-RUN FLUCTUATIONS (open source), plus course packet containing a mix of academic journal articles and book chapters.
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Examinations and Assignments:
Course is reading and discussion focused. Completing readings before class meetings is critical to the course. Evaluation via short essay assignments, leadership of class discussion, a final paper, and a brief final exam. |
Additional Requirements and/or Comments:
This course uses key episodes in US economic history as "natural experiments" for studying the real-world effects of monetary policy, fiscal policy, and financial crises. We will focus in particular on the Great Depression, Great Recession, and emerging scholarship on the COVID-19 Pandemic Recession.
The Department Chair will be acting on pre-req overrides but will not be the instructor for the course |
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