Macro and International Economics
MIT Sloan School of Management's 15.015 examines the policy environment firms operate in, structured in three parts. The first covers closed-economy macroeconomics: how monetary and fiscal policy interact with employment, GNP, inflation, and interest rates. The second turns to national development strategies and the financial and currency crises that have hit emerging markets. The third addresses transition economies, looking at institutions both as engines of growth and as constraints on policy. Materials come through MIT OpenCourseWare and typically include lecture notes, readings, and problem sets used in the actual MIT class, free to access with no certificate offered. The course suits students who want a policy-focused view of macroeconomics rather than a purely theoretical one, connecting classroom models to real events like emerging-market currency collapses and post-Soviet economic transitions.