Overview
Description
Introduction to modern theories of economic growth and fluctuations. Neoclassical synthesis; descriptive, optimal, and endogenous growth, real business cycles; new classical and new Keynesian theories.
Requirements
Prerequisites
- admission to the Ph.D. in Economics program
- permission of the instructor
ECON 303
Original catalog text
Prerequisites
Prerequisite(s): ECON 303; admission to the Ph.D. in Economics program, or permission of the instructor.
Units
Lecture3
Catalog Details
Offering
Offered: Every Fall
Terms
fall
Restrictions
admission to the Ph.D. in Economics program; permission of the instructor
Attributes
Standard
Learning Outcomes
- model macroeconomic processes using one or more static economic models, and be able to provide economic understanding by using comparative static analysis.
- explain many macroeconomic facts using standard economic models.
- use social science understanding, both in the form of formal models and in the form of informal theory, to evaluate various macroeconomics policies.