Principles of Macroeconomics
14.02 · Economics · Undergraduate · Spring 2023
Prof. Ricardo Caballero
<p>What is a recession? What happened to the U.S. economy in 2020 and 2021, and how did the pandemic, tax and spending policies, and monetary policies affect it? What happened in 2008–2009, during the “Global Financial Crisis”? Why is inflation higher today than at any time in the last three decades? Why does the unemployment rate vary over time? Why is there unemployment at all? Why do exchange rates between currencies fluctuate? How do policies in one country affect other countries? Why do ec…
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Prof. Ricardo Caballero. 14.02 Principles of Macroeconomics. Spring 2023. Massachusetts Institute of Technology: MIT OpenCourseWare, https://ocw.mit.edu. License: CC BY-NC-SA 4.0.
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