Macroeconomics II

Catalog description

Growth models (neoclassical, human capital, technical change) using optimal control theory. Real business cycle and new Keynesian models (business cycle fluctuations, inflation dynamics, the effects of monetary and fiscal policy, and optimal policy), using methods for solving dynamic, stochastic, rational expectations models. Enrollment is limited to Econ PhD students for the first two weeks of open enrollment, after which the remaining space will be available to all other interested students.