topic00-intro-fall2010

topic00-intro-fall2010 - Introduction to Macroeconomics...

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Introduction to Macroeconomics
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Course Objectives Learn macroeconomic concepts, and basic tools used in macroeconomic analysis. Use these to analyze how: Government policy affects the economy Various “shocks” (disturbances) affect the economy Economic news affects interest rates, asset prices, and exchange rates Learn to critically evaluate macroeconomic arguments in the financial press.
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Sept. 15 (Bloomberg) – “Federal Reserve Chairman Ben S. Bernanke said the worst U.S. recession since the 1930s has probably ended, while warning that growth may not be strong enough to quickly reduce the unemployment rate”.
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Issues such as: “The peak in unemployment in the United States has probably passed, according to one economic indicator that has proved reliable in all 10 previous recessions since World War II.” “If it is correct, it indicates that the US recovery from the 2007-09 recession will be very different from the ''jobless'' recoveries after the last two recessions,
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This note was uploaded on 02/15/2011 for the course BUAD 350 at USC.

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topic00-intro-fall2010 - Introduction to Macroeconomics...

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