Traditional and endogenous growth theories real business cycles, overlapping generation models.
Macroeconomics I (ECON 503)
Programs\Type | Required | Core Elective | Area Elective |
MA-Conf.Analys.&Resol-Non Thes | |||
MA-Conflict Analys.&Resolution | |||
MA-Cultural Studies | |||
MA-Cultural Studies-Non Thesis | |||
MA-Economics | * | ||
MA-Economics-Non Thesis | * | ||
MA-European Studies | |||
MA-European Studies-Non Thesis | |||
MA-Political Science | |||
MA-Political Science-Non Thes | |||
MA-Turkish Studies | |||
MA-Turkish Studies-Non Thesis | |||
MA-Visual Arts&Vis. Com Des-NT | |||
MA-Visual Arts&Visual Com Des | |||
MS-Bio. Sci. & Bioeng. LFI | |||
MS-Bio. Sci. & Bioeng. LFI-ENG | |||
MS-Business Analytics | |||
MS-Industrial Eng. LFI-ENG | |||
MS-Industrial Engineering LFI | |||
MS-Materials Sci. & Eng. LFI | |||
MS-Materials Sci.&Eng. LFI-ENG | |||
MS-Mechatronics LFI | |||
MS-Mechatronics LFI-ENG | |||
MS-Psychology | |||
MS-Psychology-Non Thesis | |||
Management Research | |||
PHD-Computer Science and Eng. | * | ||
PHD-Experimental Psychology | |||
PHD-Gender Studies | |||
PHD-Management | |||
PHD-Social Psychology | |||
PHDECON after UG | * | ||
PHDEPSY after UG | |||
PHDMAN after UG | |||
PHDMAN after UG-Finance | |||
PHDMAN after UG-Man. and Org. | |||
PHDMAN after UG-Op.&Sup. Cha. | |||
PHDMAN-Finance Area | |||
PHDMAN-Man. and Org. Area | |||
PHDMAN-Op. & Supp. Chain Area | |||
PHDSPSY after UG |
CONTENT
OBJECTIVE
In this course, main issues in modern macroeconomic theory will be discussed and modern macroeconomic tools and techniques will be extensively studied. The main topics that will be covered are Deterministic and Stochastic Neoclassical Growth Models, and Real Business Cycle Theory.
LEARNING OUTCOME
On completion of the module, students should be able to
a) set up and solve dynamic macroeconomic problems,
b) develop intuitive economic reasoning to the problems they face,
c) understand and illustrate the differences between competitive market outcomes and socially efficient outcomes.
Update Date:
ASSESSMENT METHODS and CRITERIA
Percentage (%) | |
Final | 35 |
Midterm | 35 |
Assignment | 30 |
RECOMENDED or REQUIRED READINGS
Textbook |
Nancy L. Stokey and Robert E. Lucas, Jr. with Edward C. Prescott, 1999, Recursive Methods in Economic Dynamics, Harvard University Press. |