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Nov 24, 2024
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ECON 704 - Advanced Macroeconomics II (3 units)
New Keynesian theories of business fluctuations, dynamic models of monetary economics, models of expectations and central bank behavior, policy games, credibility and time-inconsistency models.
Grading Basis: Graded
Units of Lecture: 3
Offered: Every Spring
Student Learning Outcomes
Upon completion of this course, students will be able to:
1. use standard modeling techniques used by macroeconomists to understand business cycles, financial economics and monetary policy.
2. use applied time series techniques for the testing of different hypothesis, with particular emphasis on financial market applications.
3. demonstrate understanding of basic theories of consumption, investment, long-term growth, portfolio allocation, and monetary policy.
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