Fiscal Policy | Lecture 1, Spring 2012

This module delves into fiscal policy, highlighting how government actions address crucial economic issues. Students will explore:

• The role of fiscal policy in economic growth.
• Understanding government debt and deficit.
• Income equality and its implications for society.

By the end of the week, participants will grasp the importance of fiscal policy in shaping economic outcomes.

Course Lectures

• Fiscal Policy | Lecture 1, Spring 2012

  Rahul Rekhi

  Playing

  This module delves into fiscal policy, highlighting how government actions address crucial economic issues. Students will explore:

  • The role of fiscal policy in economic growth.
  • Understanding government debt and deficit.
  • Income equality and its implications for society.

  By the end of the week, participants will grasp the importance of fiscal policy in shaping economic outcomes.

• Monetary Policy | Spring 2012

  Rahul Rekhi

  Play

  This week focuses on monetary policy and the Federal Reserve's crucial role in the economy. Key topics include:

  • The mechanism of money supply control.
  • The impact of interest rates on economic activity.
  • How monetary policy decisions affect global economies.

  Students will learn to analyze the Federal Reserve's strategies and their broader implications for economic stability.

• A Tale of Two Policies (Austerity vs Stimulus: A Case Study) | Lecture 3, Spring 2012

  Rahul Rekhi

  Play

  This module provides a comparative analysis of austerity versus stimulus through a case study of the UK and US during a recession. Students will:

  • Examine the stark differences in fiscal policy approaches.
  • Understand how these policies affect recovery and economic health.
  • Analyze the intersection of fiscal and monetary policies.

  By the end of the week, students will appreciate how different strategies shape national and global economic landscapes.

• Wall Street | Lecture 4, Spring 2012

  Rahul Rekhi

  Play

  This week focuses on Wall Street, providing insights into its functions and the evolving landscape of financial regulation. Key areas of study include:

  • The role of Wall Street in the national economy.
  • Recent changes in financial regulations, including the Dodd-Frank Act.
  • Impact of financial institutions on economic stability.

  Students will gain a comprehensive understanding of financial markets and their regulatory frameworks.

• Main Street | Lecture 5, Spring 2012

  Rahul Rekhi

  Play

  This module examines how economic decisions made at the national level influence the lives of ordinary Americans. Topics include:

  • The role of government in everyday life.
  • The concept of the social safety net.
  • A historical and future perspective on programs like Social Security.

  Students will explore the implications of policy decisions on social welfare and community well-being.