Advanced Macroeconomic Theory 1
This is the first half of the first semester course in graduate macroeconomics. It is intended for PhD and MSQE students only, with no exceptions. The purpose of the course is to present some of the basic questions macroeconomists seek to answer and to introduce standard models used to explain these stylized facts, like representative and heterogeneous agent models. One emphasis of the course lies on introducing helpful techniques, especially dynamic programming, a tool that is useful in analyzing many questions in macroeconomics and beyond. We will also discuss some empirical studies of macroeconomics.