14.452 Macroeconomic Theory II, Spring 2002
Name
14-452Spring-2002/OcwWeb/Economics/14-452Macroeconomic-Theory-IISpring2002/CourseHome/index.htm
Size
14.96 KB
Format
HTML
Checksum (MD5)
c1f413d46993ecfb1ed0a2e94df43557
Author(s)
Blanchard, Olivier (Olivier J.)
Alternative Title
Macroeconomic Theory II
Date Issued
June 2002
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 Applications to fiscal and monetary policy
Subjects
Economics
Macroeconomics
fluctuations
consumption
saving
money
labor
leisure
investment
goods
price setting
fiscal policy
monetary policy
Macroeconomics
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
Persistent DSpace Link
