Advanced Macroeconomic Theory Emphasis will be placed on current research techniques. This course covers advanced macroeconomic theory topics. Topics covered may include real business cycle models, models of fiat money, asset pricing models, endogenous growth models, development traps, macroeconomic complementarities, coordination failures, and adaptive behavior in macroeconomic models. This course introduces students to the fundamentals of Econometrics and stresses the practical application of these fundamentals to estimation of economic models on real data. This course extends ECON 835 but with a more applied orientation.
Heavy use is made of computer assignments.
A paper is required, which may serve as a foundation for the research component of the student's degree program.