ECON 7045X Current Problems in Monetary and Fiscal Policy

30 hours plus conference; 3 credits

Recent developments and current practices in the monetary and fiscal system. Their effects on money stock, money flows, and the liquidity of the economy. Modern ideas of monetary management, techniques of central banking, public debt management, relevant tax and expenditure policies of government. Potential contribution of monetary and fiscal policy to economic growth and to general problems of stability of employment, income, and price levels.

Prerequisite: one undergraduate course in macroeconomics and one undergraduate course in microeconomics. Prerequisite or corequisite: Economics 7025X [725.1X].

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