Global Business Cycles and Economic Policy
How do economic recessions and expansions start What causes recessions to deepen and expansions to accelerate What are appropriate and effective government policies to fix economic problems This course examines answers to these questions in the context of a global economy. Learners consider benefits and costs of creating a more globally integrated economy, discover how business cycles in different countries are related to another, and examine how U.S. economic fluctuations and policy responses depend on changes in the global economy, resulting in a toolkit to make predictions about changes in economic outcomes such as consumer spending, production, unemployment, and inflation.