Translations*
Archived Versions

14.452 Macroeconomic Theory II

As taught in: Spring 2007

Constitution Avenue entrance of the Federal Reserve, Washington, DC.

Constitution Avenue entrance of the Federal Reserve, Washington, DC. (Image courtesy of J. D. Welch.)

Level:

Graduate

Instructors:

Prof. Olivier Blanchard

Course Features

Course Description

This is the second course in the four-quarter graduate sequence in macroeconomics. Its purpose is to introduce the basic models macroeconomists use to study fluctuations. Topics include the basic model or the consumption/saving choice, the RBC model or the labor/leisure choice, non-trivial investment decisions, two-good analysis, money, price setting, the "new Keynesian" model, monetary policy, and fiscal policy.


*Some translations represent previous versions of courses.