30 NQF credits at HEQSF level 9
Course entry requirements: ECO4006F Macroeconomics or equivalent or at the discretion of the Head of Department. Students not registered for an Economics Masters programme will need permission from the graduate convenor.
The course provides an introduction to the tools and methods in modern dynamic macroeconomics. The goal is to develop an advanced understanding of macroeconomic models that are based on microeconomic foundations, to describe the of agents that exhibit rational expectations in a coherent manner. Specific emphasis will be placed on the application of dynamic stochastic general equilibrium and overlapping generations approaches, where we will show how to solve these models, calibrate and/or estimate the parameters, stimulate dynamic responses, and interpret the results
Lecture times: Monday, Wednesday: 11h00-12h45, Friday:09h00-10h45
DP requirements: None.
Assessment: Coursework 40%; examination 60%.
Last updated : 18 Apr 2018