Spring 2006

GOV 385R • Macro Political Economy

Course Description

Graduate standing required. Consent of the graduate adviser must be obtained. This course has three goals. The first is to introduce students to central questions in the field of macro political economy. Topics covered will involve the relation between political institutions (and political behavior) and monetary policy, fiscal policy, and trade policy. A second goal is an extension of the first goal in that students will be provided a basic background in the link between macroeconomic policy and macroeconomic outcomes. A final goal is to improve student skill sets. This course will introduce students to basic formal and applied statistical techniques and --- where possible --- how formal and applied statistical techniques can be linked.

Texts

1. A. Drazen. 2000. Political Economy in Macroeconomics. Princeton University Press. 2. J. Granato and S.M.C. Wong. 2006. The Role of Policymakers in Business Cycle Fluctuations. Cambridge University Press. 3. B. T. McCallum. 1989. Monetary Economics: Theory and Policy. Macmillan.

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