Macroeconomic Theory II

3 credits · Graduate credit

This course addresses topics that include models of aggregate supply and business cycles (rational expectations, new Keynesian, real business cycles, coordination failure and multiple equilibrium), money supply and demand, investment and consumption demand and their relationship to financial markets, and fiscal and monetary policy. The primary emphasis of the course is on understanding different models, their interrelationship, and empirical evidence, but new analytic tools are developed and applied as needed.