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Date
Time
Activity
Monday, 01/01/1900
00:00 - 10:00
Lecture 12: Monetary Policy
CHAU VAN THANH
Readings:
- David Moss 2007 - Ch. 2, 3
- KW 2009 – Ch. 15
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Macroeconomics studies the behavior of the economy as a whole including the growth of production and consumption and trends in price inflation, interest rates, job creation (and unemployment) and international movements of goods, services and money. Government policies influence the macroeconomy through taxation and spending policies, public sector investment and borrowing, and the central bank’s control of the money supply. Macroeconomics is concerned with both long term trends in output and prices and short term adjustments to external and internal shocks.
The course will study four basic sectors: (1) Real Sector; (2) Fiscal Sector; (3) Monetary Sector, and (4) External Sector.
