(3 cr.) This course focuses on analysis of the immediate level of economic activity and how the tools of monetary policy can be used to affect future economic activity. Data are obtained from original sources to determine the history of key economic variables and their present status. The economic variables are then utilized to develop a class consensus on the current state of the economy. Based on this class consensus, alternative monetary policy action is considered with a consensus again being developed. A team of students from the class presents the consensus reports to the Federal Reserve Bank of Boston as part of the National College Fed Challenge. Permission of department chair required. Prerequisite: FIN 350 or EC 341; Every Year, Fall
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