Macroeconomic Analysis
| Numbering Code | G-ECON31 5A105 LE43 | Year/Term | 2022 ・ First semester |
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| Number of Credits | 2 | Course Type | Lecture |
| Target Year | Target Student | ||
| Language | English | Day/Period | Tue.2 |
| Instructor name | YASUI DAISHIN (Graduate School of Economics Associate Professor) | ||
| Outline and Purpose of the Course |
This course provides an introduction to macroeconomic modeling at an advanced level. The main objective is to familiarize you with some of the most important tools and techniques to formulate and solve modern macroeconomic models. The difficulty level is between an undergraduate intermediate level (Macroeconomics 1 and 2) and a graduate level (Advanced Macroeconomics). This course is not intended for students who are interested in pursuing research in macroeconomics. They are strongly encouraged to take Advanced Macroeconomics rather than this class. |
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| Course Goals |
As a result of taking this course, students should be able to: 1. Understand the structure and mechanism of modern macroeconomic models. 2. Formulate and solve dynamic macroeconomic models. 3. Discuss macroeconomic issues based on theoretical models. |
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| Schedule and Contents |
Week 1: Introduction Week 2: Solow Growth Model Week 3: Intertemporal Decision in a Two-Period Model Week 4: Overlapping-Generations Model Week 5: Overlapping-Generations Model Week 6: Overlapping-Generations Model Week 7: Ramsey Model Week 8: Ramsey Model Week 9: Review of Weeks 1-8 and Mid-term exam Week 10: Fiscal Policy and Government Debt Week 11: Stochastic Growth Model Week 12: Consumption Week 13: Job Search Model Week 14: Job Search Model Week 15: Feedback |
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| Evaluation Methods and Policy | Mid-term exam (30%) and final exam (70%) | ||
| Course Requirements | This course covers a sequence of mathematical models. Course participants should be familiar with multivariate calculus and constrained optimization. | ||
| Study outside of Class (preparation and review) | Please review course materials regularly. I strongly recommend using pencil and paper, making sure that you can reproduce and understand all derivations. | ||
