Equilibrium Macroeconomics
ECON 348
Fall 2011
| Section:
01
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Since the 1970s, macroeconomics has witnessed a methodological shift away from models based on relationships among aggregate variables in favor of models based on optimizing individual behavior in multiperiod settings. This course will develop skills and introduce concepts and techniques necessary to understand these models. Likely topics include the Solow growth model, dynamic consumption theory, the equity-premium puzzle, and real-business-cycle theory. |
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Essential Capabilities:
Quantitative Reasoning
Examine mathematical economic models at advanced level.
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| Credit: 1 |
Gen Ed Area Dept:
SBS ECON |
| Course Format: Lecture / Discussion | Grading Mode: Graded |
| Level: UGRD |
Prerequisites: ECON302 |
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Fulfills a Requirement for: None |
| SECTION 01 |
Major Readings: Wesleyan RJ Julia Bookstore
F. Bagliano and G. Bertola, MODELS FOR DYNAMIC MACROECONOMICS, Oxford.
M. Wickens, MACROECONOMIC THEORY: A DYNAMIC GENERAL EQUILIBRIUM APROACH, Princeton.
Selected journal articles.
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Examinations and Assignments:
5-8 problem sets, 2 midterm exams and a comprehensive final exam. |
| Instructor(s): Craighead,Bill Times: ..T.R.. 01:10PM-02:30PM; Location: PAC001; |
| Total Enrollment Limit: 25 | | SR major: 15 | JR major: 10 | | |
| | GRAD: X | SR non-major: 0 | JR non-major: 0 | SO: 0 | FR: 0 |
| Web Resources: Syllabus |
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