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Sep 16, 2024
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ECON 703 - Advanced Macroeconomics I (3 units)
Introduction to modern theories of economic growth and fluctuations. Neoclassical synthesis; descriptive, optimal, and endogenous growth, real business cycles; new classical and new Keynesian theories.
Prerequisite(s): ECON 303.
Units of Lecture: 3
Offered: Every Fall
Student Learning Outcomes:
Upon completion of this course:
1. Students will be able to model macroeconomic processes using one or more static economic models, and be able to provide economic understanding by using comparative static analysis.
2. Students will be able to explain many macroeconomic facts using standard economic models.
3. Students will be able to use social science understanding, both in the form of formal models and in the form of informal theory, to evaluate various macroeconomics policies.
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