Macroeconomic and Monetary Policy

Macroeconomic performance affects the lives of everyone in our nation. In order to better understand how the government should implement policy, it is important to develop insights into the behavior of the economy during the course of the business cycle.

Moreover, policymakers must deal with longer-term problems such as the viability of social security and the implications of federal deficit spending. The concentration in macroeconomics and monetary policy aims to provide students with a mature awareness of current events. It also provides students with theoretical models and statistical tools that macroeconomists use to study the effects of policy. In addition, in recent years,financial markets across the world have become more integrated.

Consequently, the macroeconomics concentration also examines the impact of international trade and capital markets on macroeconomic activity. Recent developments in the banking system and monetary policy are also examined. The program seeks to prepare students for jobs in the financial sector of the economy. It is also useful for anyone interested in public policy analysis.