ECON 581
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Advanced Macroeconomics
Course Description
Theory of determining national income, employment, inflation, and interest rates. Issues of economic fluctuations, economic growth, and monetary and fiscal policy.
When Taught
Contact Department
Min
3
Fixed/Max
3
Fixed
3
Fixed
0
Title
Develop Analytical Toolkit for Macroeconomic Analysis
Learning Outcome
1. Develop a toolkit for solving dynamic optimization problems in macroeconomics (e.g., Karush-Kuhn-Tucker conditions, Dynamic Programming, Continuous Time optimization, etc.).
Title
Computational Methods in Macroeconomic Analysis
Learning Outcome
2. Use standard computational methods for solving these models numerically (e.g., shooting algorithms, value function iteration, calibration, nonlinear equation solving, etc.).
Title
Be Able to Define and Analyze Dynamic Equilibria
Learning Outcome
3. Use standard computational methods for solving these models numerically (e.g., shooting algorithms, value function iteration, calibration, nonlinear equation solving, etc.).
Title
Broaden Knowledge of Macroeconomic Research Frontiers
Learning Outcome
4. Gain a broad exposure to major topics and leading research in macroeconomics and expand abilities to discuss and present research findings.
Title
Preparation for Graduation School in Economics
Learning Outcome
5. Develop resilience, confidence, and humility to succeed in the macroeconomics coursework for leading PhD programs.
