Macroeconomic Theory III

Three US dollar bills and various coins.

Photograph of U.S. dollars and coins. (Image Courtesy of Daniel Bersak. Used with permission.)


MIT Course Number


As Taught In

Fall 2006



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.

Iván Werning. 14.453 Macroeconomic Theory III, Fall 2006. (Massachusetts Institute of Technology: MIT OpenCourseWare), (Accessed). License: Creative Commons BY-NC-SA

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