2023-2024 Catalog

ECON 403 Advanced Topics in Macroeconomics

This course builds upon the theory introduced in Intermediate Macroeconomics, with emphasis on empirical research. First, using mathematical models of the macroeconomy, we will develop a set of tools in order to think about macroeconomic policy issues, most of which require us to think dynamically. In other words, we want to be able to answer questions that involve choices between today and tomorrow on relevant issues when thinking about development from a macroeconomic perspective (consumption, investment, fiscal or monetary policy, etc.). Second, we will practice economic thinking and writing, by asking specific questions and using empirical and statistical methods to investigate and test the predictions of various models. We will discuss the merits and drawbacks of the various approaches that are used. [W]


ECON 251, ECON 252 and ECON 253


Ogrokhina, Smith