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Course Description

The 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.

Requisites

Prerequisite: CECN 301

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