ECC5730

Advanced applied general equilibrium theory

(BUS)

Professor Peter Dixon

6 points + Two 1.5-hour sessions per week + Second semester + Clayton + Prerequisite: ECC3650

Synopsis: The subject is a sequel to ECC3650. Students continue to develop essential AGE modelling skills in areas of theory, data, computing and application. Whereas the emphasis in ECC3650 is on comparative static analysis, this subject deals with dynamics, including the specification of capital accumulation and technological change. Forecasting applications of AGE models are emphasised.

Assessment: Assignments: 20% + Examination (3 hours): 80%