Course DescriptionThe aim of this course is to provide a comprehensive study of dynamic macroeconomic models. Topics include the stylized facts of business cycles, the two-period model, credit market frictions and social security, money and business cycles, and international macroeconomics. The effect of economic shocks and fiscal and monetary policy changes will be examined in the context of both closed and open economies.
RequisitesPrerequisite: CECN 301
- Economics: Theory and Applications : Electives (select 3 not previously taken in Required Courses)