Macroeconomics II

0-4 Credits · Level: Graduate, Undergraduate

This two-semester sequence provides an introduction to the techniques of modern macroeconomic analysis that are needed by all graduate students in economics. Intertemporal frameworks are developed to discuss modern theories of consumption, saving, investment and growth. Other applications may include theories of asset pricing, models of the labor market and search frictions, the analysis of business cycles, and fiscal and monetary policies. The sequence also provides an introduction to mathematical techniques used in dynamic macroeconomic analysis. ECON-605 is the prerequisite for ECON-606.