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73-410 The Economics of Business Cycles


Units:9.0
Department:Economics
Prerequisites:73-200 and 73-251
Related URLs:http://hss.cmu.edu/html/departments/econ

The purpose of this course is to educate the student in modern business cycle theory. The first part of the course surveys the empirical regularities, which comprise fluctuations in aggregate economic activity, which economists have labeled business cycles. The second part of the course discusses the existing macroeconomic models, which students have learned in intermediate macroeconomics, while the third part of the course examines the policy implications of these models and the inadequacies of the models as economic explanations of cycles. The final part of the course discusses rational expectations models of the business cycle in considerable detail. The empirical implications of these new models are examined, and their policy implications are assessed.

  Popularity index
Rank for this semester:#764
Rank in this department:#14

  Students also scheduled
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76-270 Writing for the Professions
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70-430 International Management
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73-365 Industrial Organization
73-360 Econometrics II
73-425 Growth Economics
33-102 Concepts of Modern Physics

  Spring 2005 times

Sec Time Day Instructor Location  
A 9:00 - 10:20 am T Sustek PH 125C Add course to my schedule
R Sustek PH 125C



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