Macroeconomic Theory II

Constitution Avenue entrance of the Federal Reserve, Washington, DC.

Constitution Avenue entrance of the Federal Reserve, Washington, DC. (Image courtesy of J. D. Welch.)

Instructor(s)

MIT Course Number

14.452

As Taught In

Spring 2007

Level

Graduate

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Course Features

Course Description

This is the second course in the four-quarter graduate sequence in macroeconomics. Its purpose is to introduce the basic models macroeconomists use to study fluctuations. Topics include the basic model or the consumption/saving choice, the RBC model or the labor/leisure choice, non-trivial investment decisions, two-good analysis, money, price setting, the "new Keynesian" model, monetary policy, and fiscal policy.

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Blanchard, Olivier. 14.452 Macroeconomic Theory II, Spring 2007. (MIT OpenCourseWare: Massachusetts Institute of Technology), http://ocw.mit.edu/courses/economics/14-452-macroeconomic-theory-ii-spring-2007 (Accessed). License: Creative Commons BY-NC-SA


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