Course 2015-2016 a.y.

20285 - ADVANCED MACROECONOMICS


CLMG - M - IM - MM - AFC - CLAPI - CLEFIN-FINANCE - CLELI - ACME - DES-ESS - EMIT

Department of Economics

Course taught in English

Go to class group/s: 31
CLMG (6 credits - I sem. - OP  |  SECS-P/01) - M (6 credits - I sem. - OP  |  SECS-P/01) - IM (6 credits - I sem. - OP  |  SECS-P/01) - MM (6 credits - I sem. - OP  |  SECS-P/01) - AFC (6 credits - I sem. - OP  |  SECS-P/01) - CLAPI (6 credits - I sem. - OP  |  SECS-P/01) - CLEFIN-FINANCE (6 credits - I sem. - OP  |  SECS-P/01) - CLELI (6 credits - I sem. - OP  |  SECS-P/01) - ACME (6 credits - I sem. - OP  |  SECS-P/01) - DES-ESS (6 credits - I sem. - OP  |  SECS-P/01) - EMIT (6 credits - I sem. - OP  |  SECS-P/01)
Course Director:
LUCA SALA

Classes: 31 (I sem.)
Instructors:
Class 31: LUCA SALA


Course Objectives

The course teaches how to use the tools of economic theory in the analysis of problems related to economic policy. After having discussed how to solve dynamic models in an environment characterized by uncertainty, the course focuses on the role on financial imperfections and nominal rigidities.


Course Content Summary

The course studies some of the models, and the techniques for solving and using them, that are at the core of recent macro literature. The first part of the course is dedicated to learning how to specify, solve, calibrate and estimate DSGE models. The second part of the course will cover two topics:

  • Financial imperfections.
  • Nominal rigidities.

Detailed Description of Assessment Methods

The Final Grade is based on 4 problem sets, a midterm* exam (optional) and a final written exam.

*You must pass (with a grade of at least 18) both midterm exams in order to receive a final PASS grade in the course.


Textbooks

A complete and up-to-date reading list is provided at the beginning of the course
Exam textbooks & Online Articles (check availability at the Library)
Last change 24/06/2015 10:54