14.452 Macroeconomic Theory II, Spring 2005

Blanchard, Olivier (Olivier J.)

Author(s)

Blanchard, Olivier (Olivier J.)

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Alternative title

Macroeconomic Theory II

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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.

Date issued

2005-06

URI

http://hdl.handle.net/1721.1/41869

Other identifiers

14.452-Spring2005

local: 14.452

local: IMSCP-MD5-9f184ad4ab657701bd7b57d0e3389b1e

Keywords

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

Collections

Economics (14) - Archived