Macroeconomics: A Mathematical Approach

This course examines the determinants of long-run economic growth, short-run business cycle fluctuations, asset prices, unemployment, and the conduct of fiscal and monetary policy. The first part of the course develops a framework for the analysis of households' consumption and savings behavior and firms' production decisions, and uses that to analyze growth, inequality, asset prices, and fiscal policy. The second part of the course extends that analysis to examine business cycle fluctuations, including unemployment and inflation. Current issues in macroeconomic and economic policy are discussed throughout.