Course Description
This course is a survey of modern macroeconomics at a quite advanced level. Topics include the neoclassical growth model, overlapping generations, endogenous growth models, business cycles, incomplete nominal adjustment, incomplete financial markets, fiscal and monetary policy, consumption and savings, and unemployment. The course is also an introduction to the mathematical tools used in modern macroeconomics, including dynamic systems, optimal control, and dynamic programming.
This material was created by or adapted from material created by MIT faculty member, George Marios Angeletos, Professor, 2004. Copyright © 2004 George Marios Angeletos.
This material is licensed by the Massachusetts Institute of Technology under a Creative Commons License.
This license is available at: http://ocw.mit.edu/OcwWeb/Global/terms-of-use.htm
This material is licensed by the Massachusetts Institute of Technology under a Creative Commons License.
This license is available at: http://ocw.mit.edu/OcwWeb/Global/terms-of-use.htm