Macroeconomics: Topics in Macroeconomics

4 units · Graduate courses (200-299)

Lecture, three hours. Heterogeneous-agent models of endogenous fluctuations and growth. General equilibrium techniques in macroeconomics. Overlapping fluctuations model with national debt. Fiscal policy. Externalities, indeterminacy, and growth. Expectations and business cycles. Money and monetary policy. Historical overview of mainstream macroeconomics. Wicksell and Keynes. Monetarist controversy. New classical and new Keynesian macroeconomics. S/U or letter grading.