14.452 Macroeconomic Theory II, Spring 2005
Name
14-452Spring-2005/OcwWeb/Economics/14-452Spring-2005/CourseHome/index.htm
Size
14.78 KB
Format
HTML
Checksum (MD5)
3d773218b0dc6f0797d2a48bfdcc4db7
Author(s)
Blanchard, Olivier (Olivier J.)
Alternative Title
Macroeconomic Theory II
Date Issued
June 2005
Abstract
The basic machines of macroeconomics. Ramsey, Solow, Samuelson-Diamond, RBCs, ISLM, Mundell-Fleming, Fischer-Taylor. How they work, what shortcuts they take, and how they can be used. Half-term subject. From the course home page: Course Description This is the second course in the four-quarter graduate sequence in macroeconomics. Its purpose is to introduce the basic models macroeconomists use to study fluctuations. The course is organized around nine topics/sections: Fluctuations and Facts; The basic model: the consumption/saving choice; Allowing for a labor/leisure choice (the RBC model); Allowing for non trivial investment decisions; Allowing for two goods; Introducing money; Introducing price setting; Introducing staggering of price decisions; and Applications to fiscal and monetary policy.
Subjects
Economics
macroeconomics
fluctuations
consumption
saving
choice
labor
leisure
RBC model
non trivial investment decisions
money
price setting
staggering price decisions
fiscal policy
monetary policy
Macroeconomics
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
Persistent DSpace Link
