Macroeconomic Theory III

As taught in: Fall 2002

Photograph of US dollars and coins on a light table.

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

Instructors:

Prof. Iván Werning

MIT Course Number:

14.453

Level:

Graduate

Course Features

Selected lecture notes

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.