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Academic Year 2004/2005
Macroeconomics for a Complex World
ECON 345 FA
This course will provide an introduction to Post Keynesian macroeconomic theory. Topics will include: Complexity, uncertainty, unit roots, process analysis, endogenous money, exogenous interest rates, core inflation,
wages
and prices, international liquidity, exchange rate determination and international payments in open economics.
MAJOR READINGS
B. Moore, SHAKING THE INVISIBLE HAND: COMPLEXITY, ENDOGENOUS MONEY AND EXOGENOUS INTEREST RATES (mimeo)
M. Waldrup, COMPLEXITY (paper)
J.M. Keynes, GENERAL THEORY OF EMPLOYMENT, INTEREST, AND MONEY (paper)
B.
Moore, HORIZONTALISTS & VERTICALISTS
(mimeo)
P. Davidson, POST KEYNESIAN MACRO THEORY (paper)
EXAMINATIONS AND ASSIGNMENTS
Term research paper, class presentations. Grade will be based on performance in class (25%), class presentations (25%), and a term paper (50%).
ADDITIONAL REQUIREMENTS and/or COMMENTS
Students with a strong background in math and/or physics may enroll in this course without having taken ECON 302. Prerequisite overrides will be signed during preregistration by the economics department chair for such
students.
COURSE FORMAT:
Lecture/Discussion
REGISTRATION INFORMATION
Level:
UGRD
Credit:
1
Gen Ed Area Dept:
SBS ECON
Grading Mode:
Student Option
Prerequisites:
ECON302
Links to Web Resources For This Course.
Last Updated on MAR-21-2005
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