Course Highlights
14.452 Macroeconomic Theory II
Spring 2007
Constitution Avenue entrance of the Federal Reserve, Washington, DC. (Image courtesy of J. D. Welch.)
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.
Recommended Citation
For any use or distribution of these materials, please cite as follows:
Olivier Blanchard, course materials for 14.452 Macroeconomic Theory II, Spring 2007. MIT OpenCourseWare (http://ocw.mit.edu/), Massachusetts Institute of Technology. Downloaded on [DD Month YYYY].
