Economics 1400 – The Future of Globalization: Issues, Actors, and Decisions
Faculty: Robert Z. Lawrence (Kennedy School) and Lawrence H. Summers
This course uses basic economic logic to illuminate the choices faced by businesses, governments, international institutions and citizens as the global economy evolves. Policy issues are debated in class by the professors and students play the role of public and private actors in simulation exercises in order to experience the importance of the decisions made by individual actors for the evolution of the global system.
Economics 1420 – American Economic Policy
Faculty: Jeffrey B. Liebman (Kennedy School) and Lawrence H. Summers
This course analyzes major issues in American economic policy including taxation, Social Security, health care reform, budget policy, monetary and fiscal policy, and exchange rate management. Current economic issues and policy options discussed.
Econ 1499 – Macroeconomic Policy in the Post-COVID Era
Faculty: Sir Paul Tucker, Former Deputy Governor of the Bank of England and Lawrence H. Summers
With real interest rates negative for nearly a decade and nominal interest rates close to zero, and fiscal
deficits and debt-to-GDP ratios at unprecedented levels, we are in a new era for macroeconomic policy
making. This seminar course will focus on macroeconomic policy issues posed by secularly low real
interest rates (secular stagnation?), COVID-19, and government debt accumulation. The focus will be on
the application of rigorous macroeconomic analysis to policymaking.