Macroeconomics for a Complex World
ECON 345
Fall 2006 not offered
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This course will provide an introduction to Post Keynesian macroeconomic theory. Topics will include: Complexity, uncertainty, unit roots, process analysis, endogenous money, exogenous interest rates, core inflation, wages and prices, international liquidity, exchange rate determination and international payments in open economics. |
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Essential Capabilities:
Quantitative Reasoning, Writing |
| Credit: 1 |
Gen Ed Area Dept:
SBS ECON |
| Course Format: Lecture/Discussion | Grading Mode: Student Option |
| Level: UGRD |
Prerequisites: ECON302 |
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Fulfills a Major Requirement for: None |
Major Readings:
B. Moore, SHAKING THE INVISIBLE HAND: COMPLEXITY, ENDOGENOUS MONEY AND EXOGENOUS INTEREST RATES (mimeo)
M. Waldrup, COMPLEXITY (paper)
J.M. Keynes, GENERAL THEORY OF EMPLOYMENT, INTEREST, AND MONEY (paper)
B. Moore, HORIZONTALISTS & VERTICALISTS (mimeo)
P. Davidson, POST KEYNESIAN MACRO THEORY (paper)
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Examinations and Assignments:
Term research paper, class presentations. Grade will be based on performance in class (25%), class presentations (25%), and a term paper (50%). |
Additional Requirements and/or Comments:
Students with a strong background in math and/or physics may enroll in this course without having taken ECON 302. Prerequisite overrides will be signed during preregistration by the economics department chair for such students. |
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