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Week 12: Stabilization Policy and Debt
Lecture Slides [ch18 pptx; ch19 pptx]
IV. Policy Debates
A. Stabilization Policy
Required
Readings:
Mankiw: ch. 18 -
Alternative Perspectives on Stabilization Policy
Practice Problem Set #3: Understanding fluctuations in IS/LM
B. Fiscal Policy and the Government Budget Deficit
Required
Readings:
Mankiw: ch. 19 -
Government Debt and Budget Deficits