Mr. Bernstein Module 36: The Modern Macroeconomic Consensus March 2019

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Mr. Bernstein Module 36: The Modern Macroeconomic Consensus March 2019 AP Economics Mr. Bernstein Module 36: The Modern Macroeconomic Consensus March 2019

AP Economics Mr. Bernstein The Modern Macroeconomic Consensus Objectives - Understand each of the following: The elements of the modern macroeconomic consensus The main remaining disputes

AP Economics Mr. Bernstein The Modern Consensus

AP Economics Mr. Bernstein Should Monetary Policy Be Used in a Discretionary Way? The Consensus Should be main policy tool Fed should be independent Should be used sparingly, but desperate times call for unique measures Should Fed target economic measures? Should Fed broadcast intentions? Should Fed deliberately attempt to influence market prices? Extra Credit Opportunity: QE and Economists