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Keywords: Unemployment
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- Abstract: Topics change from year to year. Most recent topics include: optimal fiscal and monetary policy; optimal capital taxation; time inconsistency and incentive incompatibility of optimal policies; redistribution and political economics; heterogeneous agents and incomplete markets; Real Business Cycle models and new-keynesian models; endogenous growth; aggregate fluctuations and propagation mechanisms; recursive methods and robust control in macro.
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- Abstract: 15.014 focuses on using case studies to investigate the macroenvironment in which firms operate. The course is divided in five parts: Basic tools of macroeconomic management Evaluation of different economic development strategies Crises in emerging markets: causes, solutions, and prevention Problems faced by transition economies Challenges of developed countries This course is a full-term version of Applied Macro- and International Economics (15.012), with additional topics.
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- Abstract: In this paper we present findings of an experimental study of Craigslist.org involving nearly 4 million raw online classified advertisements to infer key economic indicators. First, we investigate the potential of using Craigslist information to predict the state of the national and local economy by analyzing user behavior and posting trends in some key categories. We show that the number of posts for jobs available/wanted reflects the actual trends reported by the U.S. Bureau of Labor Statistics. We examine the potential of predicting unemployment and home foreclosure rates from online classified advertisements in geographically localized peer production communities. We show that there is a strong correlation between the number of houses posted for sale, the number of jobs available/wanted and the actual state of the local and national economy. Finally, we analyze job posts in 32 categories and day to day changes and conclude the “recession proof jobs” and jobs highly affected by the recent economic meltdown.
- Subject:
Mathematics and Statistics, Business, Science and Technology
- Grade Level:
Post-secondary
- Collection:
Connexions
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- Abstract: This activity is designed to provide students with real-world application of classroom curriculum. Students will be required to make budgeting decisions in the light of inflation, unemployment, and other unforeseen additions or strains to the family budget.
- Subject:
Social Sciences, Mathematics and Statistics
- Grade Level:
Secondary
- Collection:
LEARN NC Lesson Plans
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- Abstract: The US stock market crash of 1929 set off the most severe economic depression in the Western world. The so-called Great Depression lasted more than a decade, until approximately 1941. In the United States, the general atmosphere was one of desolation, as expressed in the Dorothea Lange photograph "Thirteen Million Unemployed Fill the City in the Early Thirties," which shows men leaning against a wall in San Francisco. Many photographs in this topic were taken by Lange, one of the primary chroniclers of the Great Depression. Lange had been taking portraits of wealthy individuals in her studio, but she felt compelled to go out on the streets and take photographs of everyday people. In 1933, she marked the start of her documentary career what she called her "first street image": "White Angel Bread Line," a photograph of a man waiting for food at a soup kitchen run by a San Francisco widow. The images in this group reflect the lives of average citizens struggling to get by. Photographs show unemployed men waiting in long lines. One Lange photo shows a man sleeping in a parking lot. Rural areas were also hard hit. As several of these images show, some people lived in "Hoovervilles" ? temporary towns of makeshift housing that got their name from President Herbert Hoover, who was blamed for the problems that led to the Depression. The image captions written at the time (such as "Not much room in this one room shack, but it?s shelter from a trying winter" and "These Hooverville children are ashamed of their home ? can you blame them?") express the conditions that people endured and reveal the way people felt.
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- Abstract: Survey of modern macroeconomics at a fairly advanced level. Topics include neoclassical and new growth theory, consumption and saving behavior, investment, and unemployment. Use of the dynamic programming techniques. Assignments include problem sets and written discussions of macroeconomic events. Recommended for students planning to apply to graduate school in economics. Credit not given for both 14.05 and 14.06.
(Complete Item Description)
- Abstract: Survey of modern macroeconomics at a fairly advanced level. Topics include neoclassical and new growth theory, consumption and saving behavior, investment, and unemployment. Use of the dynamic programming techniques. Assignments include problem sets and written discussions of macroeconomic events. Recommended for students planning to apply to graduate school in economics. Credit not given for both 14.05 and 14.06.
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- Abstract: My goal is to provide an accessible book that reflects this theme of choice and conveys a sense of the breadth and power of basic economic analysis. It assumes no prior knowledge of economics and can be read and appreciated by anyone. While some parts of the book cover conventional material, others do not. I've ignored many traditional topics and substituted ones that apply economics in unusual and often provocative ways. The chapters are not meant to be definitive, they are meant to raise questions. If they do not make you think or ruffle an occasional feather, I have failed.
Most chapters use a story-telling approach that has served me well in the classroom. I am accustomed to a tough audience. Every semester I stare into the fresh faces of college students who would rather be at the beach, students who challenge me to make them care. I use stories to grab their attention, to show how economics affects their everyday life, and to give them a new and deeper appreciation of what drives their behavior.
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- Abstract: Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital theory. Topics discussed also include theories of wage and employment determination, turnover, search, unemployment, equalizing differences, and union behavior. Particular emphasis on the interaction of theoretical and empirical modeling. The aim of this course is to acquaint students with traditional topics in labor economics and to encourage the development of independent research interests. This course is taught in two parts: Fall term and then in the subsequent Fall term.
(Complete Item Description)
- Abstract: Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital theory. Topics discussed also include theories of wage and employment determination, turnover, search, unemployment, equalizing differences, and union behavior. Particular emphasis on the interaction of theoretical and empirical modeling.
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- Abstract: Covers conditions under which public-sector policies, programs, and projects succeed in enhancing the economic activities of poorer groups and micro-regions in developing countries. Topics include local economic development; small enterprises; various forms of collective action; labor and worker associations; nongovernment organizations. Links these to literature on poverty, economic development, and reform of government, and to types of projects, tasks, and environments that are conducive to equitable outcomes.
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- Abstract: Provides an overview of macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed. Important current policy debates such as social security, the public debt, and international economic issues are critically explored. Introduces basic models of macroeconomics and illustrates principles with the experience of the US and foreign economies.
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