The objective of this course is to provide students with a solid introduction to modern macroeconomic analysis. The course develops formal models used to study the most important questions in macroeconomic analysis. The presentation of formal macroeconomic models is accompanied with the relevant empirical evidence in order to illustrate how the theories can be applied and tested. The course covers topics in economic growth, fiscal policy, tax versus debt financing, and in international macro (capital flows, current account, exchange rate regimes, monetary policy and exchange rate policy).
Measurement of macroeconomic variables
Economic Growth: Theory and Evidence.
The Neoclassical Growth model.
Endogenous Growth Theory.
Macroeconomics of a Small Open Economy.
Money and Exchange Rates in a Small Open Economy