Macroeconomic Theory Macroeconomic theory analyzes whether the market effectively coordinates individuals' decisions so that they lead to acceptable results. It considers the effectiveness of monetary, fiscal, and other policies in achieving desirable levels of unemployment, inflation, and growth. The theories held by various schools of economic thought such as Keynesians, monetarists, and new classicals are considered along with their proposed policies.

Technology and Labor Markets In this course, we will explore the question: who gains from technological advances, and who loses? We will first learn theories of skill-biased technical change and automation through canonical and task-based Ricardian models. We will then apply these theories to a range of technological advances, including robots, computers, and complex software. For each technology, we will study the nuanced effects on employment, the wage distribution, and the nature of work. Additional topics will include historical technological advances (eg: electricity), and how technology contributes to growth in developing countries. We will then turn to emerging technologies like AI: can we extrapolate from what we have learned to predict how new technologies will impact workers? (ECON 0111 (formerly ECON 0210) and ECON 0250 or ECON 0255)

Zara Contractor

Reviews and ratings for Zara Contractor at Middlebury College.Zara Contractor teaches Macro Theory, Technology and Labor Markets and more.  Explore top rated instructors and find the best for you.Is Zara Contractor good ? Find out on MiddCourses.

Contractor is the only Macro Theory prof some terms, but if you can avoid her, do. The course itself isn't challenging. However, her lectures are mind-numbingly boring. The exams are reasonable; there is no memorization, but you need to be able to apply and modify concepts from class.

Great professor and interesting topic covered. The only thing is that the materials are too boring. Everything is based on theory and math formulas, and there is not case studies or any relevant material to learn. 

This is a required course for the economics major. The theory classes are always difficult and Macro Theory is certainly notorious for that, but that being said this course is taught pretty well and the info is very valuable. 