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Macroeconomic Theory IV

As taught in: Fall 2004

A graph from the first problem set.

In the first problem set, this graph is used to illustrate how after the reduction in technology, the number of vacancies in the economy will go down. (Image by Prof. Ricardo Caballero.)


Prof. Ricardo Caballero

MIT Course Number:




Course Description

This half-term course covers the macroeconomic implications of imperfections in labor markets, goods markets, credit and financial markets. The role of nominal rigidities is also an area of focus.

*Some translations represent previous versions of courses.