Description: Focuses on the policy and economic environment of firms. Subject divided in three parts: study the closed economy and how monetary and fiscal policy interacts with employment, GNP, inflation, and interest rates; look at national economic strategies for development and growth, and study the recent financial and currency crises in emerging markets; study the problems faced by transition economies and the role of institutions both as the engine of growth, and as the constraints for policy. For MIT Sloan Fellows in Innovation and Global Leadership participants.
Course #: 15.015
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