Advanced Macroeconomics I | Economics - MIT OpenCourseWare
14.461 is an advanced course in macroeconomics that seeks to bring students to the research frontier. The course is divided into two sections. The first half is taught by Prof. Iván Werning and covers topics such as how to formulate and solve optimal problems.
Lecture Notes | Advanced Macroeconomics II - MIT OpenCourseWare
This section contains the lecture notes the course.
including issues that have taken center stage in discussions on macroeconomics since the Great Recession. Studying the RBC model will prepare us to study those more realistic models, and it will help us understand exactly when and why market outcomes in …
Introduction — Econ 303a: Advanced Macroeconomics I
The goal of these lectures is to provide methodological tools, both analytical and computational, to conduct research in macroeconomics using dynamic optimization models. Data and real world examples motivate and guide the design of these models.
This course is for students who are seriously interested in advanced macroeconomics, who are willing to do the maximum amount of work that you can do under the circumstances of this quarter. To reiterate, intermediate macroeconomics and calculus are serious prerequisites.
Lecture Notes | Advanced Macroeconomics II - MIT OpenCourseWare
Below is a sampling of lecture notes used in the course. Commitment, Coordination, and Expectation Traps ( PDF ) Idiosyncratic Investment (or Entrepreneurial) Risk in a Neoclassical Growth Model ( PDF )
This course is for students who are seriously interested in advanced macroeconomics, who are willing to do a considerable amount of reading, and who are ready to use plenty of math. Intermediate macroeconomics and calculus are serious prerequisites.
Students need to have taken intermediate micro, intermediate macro, and econometrics at undergraduate level, as well as calculus, linear algebra, differential and difference equations. This...
Lecture Notes | Advanced Macroeconomics I | Economics | MIT …
This section provides the schedule of lecture topics for the course along with lecture slides from select sessions. This is an archived course. A more recent version may be available at ocw.mit.edu .
It emphasizes the dynamic environment in which agents interact and the resulting equilibrium outcomes. The course focuses on leading theories of consumption, savings, and labor supply decisions, business fixed investment, and how individual-level decisions shape aggregate quantities and prices.