Advanced Macroeconomics (ECON 603)

2021 Fall
Faculty of Arts and Social Sciences
Economics(ECON)
3
10.00
Hakkı Özdenören hakki.ozdenoren@sabanciuniv.edu,
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English
Doctoral, Master
MATH571 ECON506
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CONTENT

Selected topics in open economy macroeconomics labor and unemployment, search models, matching models.

OBJECTIVE

In this course advanced topics in dynamic macroeconomic theory will be studied. Emphasis will be given to the solution techniques for these models as well as the theoretical and conceptual issues. Recent research papers using these techniques will be discussed.

LEARNING OUTCOME

On completion of the course, students should be able to
a) demonstrate a broad knowledge of incomplete markets models and dynamic public finance,
b) set up and solve sound dynamic macroeconomic models to pursue questions regarding macroeconomics and public finance.

RECOMENDED or REQUIRED READINGS

Readings

Nancy Stokey, Bob Lucas with Edward Prescott, Recursive Methods in Economic Dynamics, Princeton University Press
Kenneth L. Judd, Numerical Methods in Economics, MIT Press
Thomas F. Cooley, Frontiers of Business Cycle Research, Princeton University Press