Principles of Macroeconomics

Graph of investment share of Gross Domestic Product.

Investment share of Gross Domestic Product (GDP). (Figure by MIT OCW. After sources: BEA; Datastream; St. Louis Federal Reserve.)


MIT Course Number


As Taught In

Fall 2004



Cite This Course

Course Features

Course Description

This course provides an overview of the following macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed, as are public debt and international economic issues. This course also introduces basic models of macroeconomics and illustrates principles with the experience of the United States and other economies.

Ricardo Caballero. 14.02 Principles of Macroeconomics, Fall 2004. (Massachusetts Institute of Technology: MIT OpenCourseWare), (Accessed). License: Creative Commons BY-NC-SA

For more information about using these materials and the Creative Commons license, see our Terms of Use.