FINA60052
syllabus
evaluations
sessions
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session 1
session 2
session 3
session 4
session 5
session 6
session 7
session 8
session 9
session 10
session 11
session 12
session 13
outils
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Communication platform
RStudio cloud
Simulation
Mondo
☰
session 8: Deficits and debt
HEC Montréal
Thierry Warin
https://warin.ca/cv/thierry.html
(HEC Montréal & Cirano (Montréal))
https://www.hec.ca
01-01-2021
Contents
Description
Activities/Ressources before the session
Presentation
Activities/Ressources during the session
Activitiess/Ressources after the session
Description
Define the terms deficit, surplus, and debt.
Differentiate between real and nominal deficits and surpluses.
Distinguish between a passive deficit and a structural deficit.
Explain why the debt needs to be judged relative to assets.
Describe the historical record for the U.S. deficit, surplus, and debt.
Explain how the surplus of the 1990s came about and what policymakers should do with the surplus.
Activities/Ressources before the session
Presentation
Presentation
Activities/Ressources during the session
Activitiess/Ressources after the session