This course examines macroeconomic performance in the short and long run based on the economy’s institutional and policy environment. First, we will develop a model of macroeconomy in the short run when the price level has its own momentum and does not respond much to supply and demand forces. Then, we’ll begin analyzing the long-run equilibrium by examining the foreign exchange market. The third module examines the drivers of aggregate output in the long run and the mechanisms of adjustment from the short run to the long run. Finally, we will discuss the characteristics of desirable macroeconomic policies and the reasons why actual policies deviate from them.
This course is part of the Managerial Economics and Business Analysis Specialization
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TOP REVIEWS FROM COUNTRY LEVEL ECONOMICS: POLICIES, INSTITUTIONS, AND MACROECONOMIC PERFORMANCE
i am a beginner for macroeconomics , so these two sections of the course helped me a lot to get the base of the subject.
Great delivery of the information, I have a much clearer understanding of Fiscal and Monetary Policies and the advantages and disadvantages that each of them present.
Great Teacher. Explains the topics very well and Very helpful. This is a very Good Course
Very good course, I learned a lot from Prof. Hadi Esfahani. I hope to have him again in the future!
About the Managerial Economics and Business Analysis Specialization
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