The fall semester economics course is designed to provide you with the tools and perspectives necessary to analyze and develop economic strategy in the globally interdependent world economy. After our opening phase where the basic tools and logic of the market system are introduced, the course examines and analyzes domestic and international economic issues and policies. The domestic policy phase includes growth and technology policies, fiscal and monetary policies, and examines budgetary issues and challenges. The international phase considers trade and finance concepts and policies in an interdependent world and examines economic aspects of centers of power in the global economy, including China and the Euro Zone. Sessions dealing with key linkages in the global economy focus on policies concerning economic development and nation-building and on the economic dimensions of statecraft. Included in the course is a strategic, interactive, policy-oriented Macroeconomics Exercise, aimed at enabling students to conduct analysis and assessment of alternative policy options and to trace their impact on the domestic economy.
The second spring core course is Defense Resourcing, which examines the budget and program challenges facing the Department of Defense in an era of scarce fiscal resources. It covers the defense budget, force levels and support issues, the defense industrial base, and the politics of the budget process.