Economics of National Security Strategy
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,
India and Russia. 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
International Macroeconomics Exercise, aimed at enabling students to conduct analysis and assessment of alternative policy
options and to trace their impact in an interdependent world; this exercise is based on the Oxford Economic Forecasting
Global Macroeconomic Model.
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