Curriculum
Fiscal Policy
Government spending, taxation, deficits, and their market consequences.
What the sessions covered
Fiscal policy sessions covered the budget process, automatic stabilizers, stimulus and austerity, and how deficits are financed through Treasury issuance.
The emphasis was practical: which sectors benefit from a given spending program or tax change, and how the bond market prices the supply that follows.
Archived materials
Materials for this topic are listed here as they are added to the archive.