20285 - ADVANCED MACROECONOMICS
CLMG - M - IM - MM - AFC - CLAPI - CLEFIN-FINANCE - CLELI - ACME - DES-ESS - EMIT
Course taught in English
Go to class group/s: 31
The course teaches how to use the tools of economic theory in the analysis of problems related to economic policy. After having discussed how to solve dynamic models in an environment characterized by uncertainty, the course focuses on the role on financial imperfections and nominal rigidities.
The course studies some of the models, and the techniques for solving and using them, that are at the core of recent macro literature. The first part of the course is dedicated to learning how to specify, solve, calibrate and estimate DSGE models. The second part of the course will cover two topics:
- Financial imperfections.
- Nominal rigidities.
The Final Grade is based on 4 problem sets, a midterm* exam (optional) and a final written exam.
*You must pass (with a grade of at least 18) both midterm exams in order to receive a final PASS grade in the course.