Macroeconomic Policy and Public Finance

4 credits

This course covers the determination of national income, inflation, unemployment and employment, aggregate supply and demand, short- and long-run growth, and the role of fiscal and monetary policy in affecting both macroeconomic and microeconomic outcomes. Within fiscal policy, we explore the impact of taxes, spending, and debt, with a particular focus on aspects of tax policy. Economic issues and policy options will be discussed in the context of current debates. Prerequisites: GPCO 401 and GPCO 406.