14.452 Macroeconomic Theory II, Spring 2005

Title:	14.452 Macroeconomic Theory II, Spring 2005
Author:	Blanchard, Olivier (Olivier J.)
Abstract:	The basic machines of macroeconomics. Ramsey, Solow, Samuelson-Diamond, RBCs, ISLM, Mundell-Fleming, Fischer-Taylor. How they work, what shortcuts they take, and how they can be used. Half-term subject. From the course home page: Course Description This is the second course in the four-quarter graduate sequence in macroeconomics. Its purpose is to introduce the basic models macroeconomists use to study fluctuations. The course is organized around nine topics/sections: Fluctuations and Facts; The basic model: the consumption/saving choice; Allowing for a labor/leisure choice (the RBC model); Allowing for non trivial investment decisions; Allowing for two goods; Introducing money; Introducing price setting; Introducing staggering of price decisions; and Applications to fiscal and monetary policy.
URI:	http://hdl.handle.net/1721.1/41869
Issue Date:	2005-06
Keywords:	Economics, macroeconomics, fluctuations, consumption, saving, choice, labor, leisure, RBC model, non trivial investment decisions, money, price setting, staggering price decisions, fiscal policy, monetary policy, Macroeconomics, 450601, Economics, General
ID:	14.452-Spring2005

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