Courses of Study 2020-2021 
    
    Dec 07, 2022  
Courses of Study 2020-2021 [ARCHIVED CATALOG]

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ECON 6130 - Macroeconomics I


     
Fall. 4 credits. Student option grading.

Prerequisite: at least three years of undergraduate mathematics, including at least two semesters of formal mathematics such as analysis, and at least four semesters of economics beyond intermediate microeconomic and macroeconomic theory, or permission of instructor. Current Ph.D. students in AEM, PAM or MGMT may substitute David Just’s version of AEM 6940  for the undergraduate mathematics prerequisites provided they have completed the course with a grade of B- or better. Simultaneous enrollment of Econ 6130 and AEM 6940  is not permitted.

Staff.

Covers the following topics: static general equilibrium; intertemporal general equilibrium: infinitely lived agents models and overlapping generations models; welfare theorems; equivalence between sequential markets and Arrow-Debreu Markets; Ricardian proposition; Modigliani-Miller theorem; asset pricing; recursive competitive equilibrium; the Neoclassical Growth Model; calibration; and introduction to dynamic programming.



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