ECON 182C
U.S. Economic History: From World War I to 1980s
Description
Lecture, three hours; discussion, one hour. Requisites: courses 11, 41 (or equivalent). Enforced corequisite: course 182CL. Examination of the development of the U.S. economy from the World War I to 1980s. Focus on using economic models and numbers to understand what drove the evolution of the economy, why structural changes occurred, and why there was persistence. While the past persists for a long time in the form of people and institutions, there are periods of dramatic change brought on by technological change and by war. Study of the past, with its very different institutions, to inform the present. For example, during the 2007-2008 financial crisis, economists looked to the Great Depression, a topic on which then Federal Reserve chairman Ben Bernanke published. Economists also look to the past to understand the role of government deficits in inflation and in economic growth. P/NP or letter grading.
Prerequisites
- Required:Taken?
- Required:Taken?
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