Theory of Macroeconomic Dynamics

Font Size  SML

Lecturer
 
Place
Mon3-4(W9-625蛹)  
Credits
Lecture2  Exercise0  Experiment0
Code
68005
Syllabus updated
2009/10/8
Lecture notes updated
2009/9/28
Semester
Fall Semester

Outline of lecture

縺薙ョ隰帷セゥ縺ァ縺ッ蠕悟虚蟄ヲ逧譛驕ゥ蛹也炊隲悶↓蝓コ縺・縺縺溷倶ココ縺ョ雋ッ闢繝サ豸郁イサ縺翫h縺ウ雉逕」驕ク謚橸シ御シ∵・ュ縺ョ逕溽肇謚戊ウ陦悟虚縺ォ縺、縺縺ヲ縺オ繧後k縲ゅ&繧峨↓蜍募ュヲ逧譛驕ゥ蛹悶Δ繝繝ォ縺ョ蠢懃畑縺ィ縺励※蜀逕滓宣聞逅隲悶サ繝ェ繧「繝ォ繝薙ず繝阪せ繧オ繧、繧ッ繝ォ逅隲厄シ碁未騾」莠矩縺ィ縺励※繧、繝ウ繝輔Ξ繝シ繧キ繝ァ繝ウ縺ィ驥題檮謾ソ遲悶r蜿悶j荳翫£繧九ょュヲ驛ィ繝ャ繝吶Ν縺ョ繝槭け繝ュ邨梧ク亥ュヲ縺翫h縺ウ荳顔エ壹Α繧ッ繝ュ邨梧ク亥ュヲ繧堤ソ貞セ励@縺ヲ縺繧九%縺ィ縺梧悍縺セ縺励>縲

This course develops core models of dynamic macroeconomics and economic growth. The topics treated include: exogenous and endogenous growth model; monetary depression model.

Purpose of lecture

We discuss the theory of saving, consumption and investment based on dynamic optimization. Furthermore, we also explore endogenous growth theory and real business cycle theory as an application of dynamic optimization model, and monetary and fiscal policy as a related matter.

Plan of lecture

繝サ The number in a bracket indicates expected number of lectures

シ托シ撒he Solow model縲シ1.5シ
Chapter 1
シ抵シ鯖nfinite-Horizon and Overlapping –Generations Model縲シ3シ
Chapter 2
シ難シ晒ew Growth Theoryシ2シ
Chapter 3
シ費シ山eal-Business-Cycle Theory縲シ1.5シ
Chapter 4
シ包シ擦onsumption縲シ2シ
Chapter 7
シ厄シ鯖nvestment縲シ2シ
Chapter 8
シ暦シ鯖nflation and Monetary Policy縲(シ)
Chapter 10
シ假シ撮udget Deficits and Fiscal Policy縲シ茨シ托シ
Chapter 11

Textbook and reference

繝サ David Romer (シ抵シ撰シ撰シ) Advanced Macroeconomics (3rd edition)

Related and/or prerequisite courses

prerequisiteシ嗄acroeconomics and econometrics at the level of undergraduate textbooks and advanced microeconomics.

Evaluation

縲親valuation縲
Homework, and Final exam

Homework will be given from the problem set of the text. Every student is recommended to attend TA session for discussing solutions of homework. TA session will be conducted in Japanese.

Comments from lecturer

縲塵ffice hour縲
15:00-1600Monday

Page Top