Macroeconomic Theory III

Photograph of US dollars and coins on a light table.

Photograph of US dollars and coins. (Courtesy of Daniel Bersak.)


MIT Course Number


As Taught In

Fall 2002



Cite This Course

Course Features

Course Description

This course covers issues in the theory of consumption, investment and asset prices. We lay out the basic models first, and then examine the empirical facts that motivate extensions to these models.

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Iván Werning. 14.453 Macroeconomic Theory III, Fall 2002. (Massachusetts Institute of Technology: MIT OpenCourseWare), (Accessed). License: Creative Commons BY-NC-SA

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