14.453 Macroeconomic Theory III

As taught in: Fall 2006

Three US dollar bills and various coins.

Photograph of U.S. dollars and coins. (Image Courtesy of Daniel Bersak. Used with permission.)

Level:

Graduate

Instructors:

Prof. Iván Werning

Course Features

Course Description

This course covers issues in the theory of consumption, investment and asset prices. We lay out the basic models first, and then examine the empirical facts that motivate extensions to these models.