ECC4660 - Macroeconomics

Leader: Professor Jakob Madsen

Offered

Clayton Second semester 2007 (Day)

Synopsis

Contemporary macroeconomics and recent policy debates, including market clearing and long-run equilibrium; classical dichotomy; money in the global economy; aggregate demand and price rigidity, microfoundations of macroeconomics, disequilibrium models; stock-flow interactions; wealth effects; rational expectations; policy ineffectiveness and Ricardian equivalence; money and credit; exchange rate regimes; new Keynesian macroeconomics; comovements of macro variables and macroeconomic forecasting.

Assessment

Written (3000-word essay): 30%
Examination (3 hours): 70%

Contact hours

Three contact hours per week