Advanced Macroeconomic Theory and Applications

3 credits · Undergraduate

This course provides an introduction to modern macroeconomic theory at an advanced level. Topics covered in this class include long-run economic growth, short-run business fluctuations (including stabilization policy), and analysis of labour markets. The focus of the course is mainly theoretical using rigorous models and employing dynamic optimization techniques to analyze the aggregate economy. Theory is connected with data, whenever possible, through additional readings and empirical assignments. Prerequisite(s): ECON 311-3 and ECON 320-3, or by permission of the Chair