G30 Macroeconomic Theory I

Syllabus

1st October 1st Cancelled
2nd 8th Cancelled
3rd 22nd pp.1-14. Guidance, introduction, assumptions
4th 29th pp. 14-19. Assumptions, the dynamics of the model,the impact of a change in the saving rate
5th November 5th pp. 19-25. The impact of a change in the saving rate, quantitative implications
6th 12th pp. 25-30. Quantitative implications, the Solow model and the central questions of growth theory
7th 19th pp. 49-53. The Ramsey-Cass-Koopmans model, asumptions, the behavior of households and firms
8th 26th pp. 53-57. The behavior of households and firms
9th December 3rd pp. 57-64. The dynamics of the economy, welfare
10th 10th Cancelled
11th 17th pp. 64-69. The balanced growth path, the effects of a fall in the discount rate
12th 24th pp. 69-81. The effects of a fall in the discount rate, assumptions,household behavior
13th January 7th pp. 81-92. The dynamics of the economy,the possibility of dynamic inefficientcy
14th 21st pp. 101-111. Framework and assumptions, the model without capital
15th 28th pp. 111-116. The general case