G30 Macroeconomic Theory I

Syllabus

1st October 6th Guidance, introduction
2nd 20th pp.10-16. Assumptions, the dynamics of the model
3rd 27th pp.16-23. The dynamics of the model, the impact of a change in the saving rate
4th November 5th pp.23-27. Quantitative implications
5th 10th pp.27-30, 49-51. The Solow model and the central questions of growth theory, The Ramsey-Cass-Koopmans model, assumptions
6th 17th pp.51-57. The behavior of households and firms
7th 20th pp.57-64. The dynamics of the economy, welfare
8th December 1st pp.64-69. The balanced growth path, the effect of a fall in the discount rate
9th 8th pp. 77-82. The dynamics of the economy
10th 15th pp. 82-88. The dynamics of the economy
11th 22nd pp. 88-90, 101-104. The possibility of dynamic inefficiency, endogenous growth, framework and assumptions
12th January 5th Cancelled
13th 19th pp.104-111. The model without capital
14th 26th pp.111-116. The general case
15th February 2nd Cancelled