USM Social Dashboard »

Check out our new Social Dashboard to see other ways to stay connected across the USM community.

Department of Economics

ECO 319 Macroeconomics: Debt & Finance. New course for Spring 2013!

Posted December 31, 2012

US currency imageECO Majors/Minors check out the new Economics course for Spring 2013!—ECO 319 Macroeconomics: Debt & Finance.

Instructor: Bruce Roberts.

Course description: This course focuses on alternative and conflicting approaches to the role(s) of debt, private and public, in a modern macroeconomy, debt as a mechanism sustaining aggregate demand growth, debt as source of cyclic instability ("bubbles"), debt expansion as a part of counter-cyclical policy, debt as a long-term constraint on policy possibilities. The broad question addressed in the course: what are the real constraints on policy for a nation with a sovereign currency, the limits on what we can afford, now and for the future? Prerequisite: ECO 301.

If you are interested, please register online soon via your Student Center in MaineStreet while space is still available: Registration Course # 12855.