Course 2008-2009 a.y.

8309 - ADVANCED MACROECONOMICS


MM-LS - AFC-LS - CLAPI-LS - CLEFIN-LS - CLELI-LS - DES-LS - CLG-LS - M-LS - IM-LS - ACME-LS - EMIT-LS

Department of Economics

Course taught in English

Go to class group/s: 31
MM-LS (6 credits - I sem. - AI) - AFC-LS (6 credits - I sem. - AI) - CLAPI-LS (6 credits - I sem. - AI) - CLEFIN-LS (6 credits - I sem. - AI) - CLELI-LS (6 credits - I sem. - AI) - DES-LS (6 credits - I sem. - AI) - CLG-LS (6 credits - I sem. - AI) - M-LS (6 credits - I sem. - AI) - IM-LS (6 credits - I sem. - AI) - ACME-LS (6 credits - I sem. - AI) - EMIT-LS (6 credits - I sem. - AI)
Course Director:
FRANCESCO GIAVAZZI

Classes: 31 (I sem.)
Instructors:
Class 31: FRANCESCO GIAVAZZI


Course Objectives

The course teaches how to use the tools of economic theory in the analysis of problems related to economic policy issues.


Course Content Summary

The course studies some of the models that are at the core of recent macro literature. Starting from Ramsey we study OLG models and then move to models of the business cycle. In the second part of the course we study new-keynesian models and finally discuss how one can build the microfoundations of some "famous" macro models the students may have seen in previous courses.


Detailed Description of Assessment Methods

Grades is based on by-weekly problem sets, a partial exam and a final written exam.


Textbooks

A complete and up-to-date reading list is provided at the beginning of the course. The reference books for this course are:

  • Required: David N. Dejong, Chetan Dave, Structural Macroeconometrics, Princeton University Press, 2007. Optional: Fischer, S. and O. Blanchard, Lectures in Macroeconomics, MIT Press, 1989. 

  • Optional: Romer D.  Advanced Macroeconomics, McGraw-Hill, 2001.

Exam textbooks & Online Articles (check availability at the Library)
Last change 18/03/2008 12:33