ECN 200F

Macroeconomic Theory

University of California Davis · UGRD · Fall 2026

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Course Description: Interaction between financial markets’ frictions and macroeconomic fluctuations. Leverage and the financial accelerator, fire sales, credit booms and busts, liquidity, the role of intermediaries and the risk of bank runs, speculative bubbles, and incomplete markets and precautionary savings.

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Class #california_davis-3062Fall 2026UGRD4 credits
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