21201439 - MACROECONOMICS - ADVANCED COURSE

The course offers an introduction to theories, models and methods currently used to analyze macroeconomic dynamics. The main focus is on long-run dynamics and growth, but the course deals also with traditional topics such as consumption, investment, saving, money and credit. Discussion will mostly concern post-II World War theories. Among these, it deals with Solow and Ramsey-Cass-Koopmans exogenous growth theories, as well as the more recent endogenous growth theories. Methodologically, the course makes an intensive used of deterministic, general equilibrium models in discrete time. Topics and methods are considered essential references and tools by most institutions actually involved in macroeconomic analysis (e.g. central banks, institutes analyzing business cycles, supervisory boards and authorities, commercial banks). Further they form an essential prerequisite for more advanced coursed in macroeconomics and economic policy and to pursue graduate studies.

Curriculum

teacher profile | teaching materials

Programme

lntroduction to modern growth theory: part I, exogenous growth (20 hours); part II, endogenous growth (12 h). Models of overlapping generations of agents (OLG) (10 h). Foundation of the neoclassical theory of consumption, saving and investments (10 h). Additional topics (8 h).

Core Documentation

Reference book: Daron Acemoglu, "Introduction to Modern Economic Growth", Princeton University Press, 2009.
Class notes are published on the course website.

Type of delivery of the course

Class lectures, including the discussion of the course material. The course material includes take-home problems.

Type of evaluation

There is a final written exam to be take in class, closed books. The exam contains both questions and exercises, similar to the problem set handed out durin the course.

teacher profile | teaching materials

Mutuazione: 21201439 MACROECONOMIA - CORSO AVANZATO in Scienze Economiche LM-56 N0 TIRELLI MARIO

Programme

lntroduction to modern growth theory: part I, exogenous growth (20 hours); part II, endogenous growth (12 h). Models of overlapping generations of agents (OLG) (10 h). Foundation of the neoclassical theory of consumption, saving and investments (10 h). Additional topics (8 h).

Core Documentation

Reference book: Daron Acemoglu, "Introduction to Modern Economic Growth", Princeton University Press, 2009.
Class notes are published on the course website.

Type of delivery of the course

Class lectures, including the discussion of the course material. The course material includes take-home problems.

Type of evaluation

There is a final written exam to be take in class, closed books. The exam contains both questions and exercises, similar to the problem set handed out durin the course.

teacher profile | teaching materials

Mutuazione: 21201439 MACROECONOMIA - CORSO AVANZATO in Scienze Economiche LM-56 N0 TIRELLI MARIO

Programme

lntroduction to modern growth theory: part I, exogenous growth (20 hours); part II, endogenous growth (12 h). Models of overlapping generations of agents (OLG) (10 h). Foundation of the neoclassical theory of consumption, saving and investments (10 h). Additional topics (8 h).

Core Documentation

Reference book: Daron Acemoglu, "Introduction to Modern Economic Growth", Princeton University Press, 2009.
Class notes are published on the course website.

Type of delivery of the course

Class lectures, including the discussion of the course material. The course material includes take-home problems.

Type of evaluation

There is a final written exam to be take in class, closed books. The exam contains both questions and exercises, similar to the problem set handed out durin the course.