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Dec 21, 2024
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ECON 6041 - Advanced Macroeconomic Theory II
The course provides students with a background in macroeconomic theory at the graduate level with a focus on economic applications. The macroeconomic theory covered has an emphasis on dynamic general equilibrium models. Examples of their application to business cycles, asset pricing, fiscal and monetary policies, and growth theory are studied. The course also provides students with the mathematical tools and analytical skills needed to analyze modern dynamic macroeconomics.
Requisites: ECON 6003 and ECON 6040
Credit Hours: 4
Repeat/Retake Information: May not be retaken.
Lecture/Lab Hours: 4.0 lecture
Grades: Eligible Grades: A-F,WP,WF,WN,FN,AU,I
Learning Outcomes:
- Students will be able to apply difference and differential equations to macroeconomic theory
- Students will be able to model macroeconomic theory using stochastic control techniques
- Students will be able to estimate, interpret, and apply econometric models to forecasting
- Students will be able to create, estimate, and interpret a dynamic stochastic general equilibrium model
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