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Advanced Topics in Macro I

  • Teacher(s)
    Elisabeth Pröhl, Marcelo Zouain Pedroni
  • Research field
  • Dates
    Period 2 - Oct 24, 2022 to Dec 16, 2022
  • Course type
  • Program year
  • Credits

Course description

The course introduces the core computational tools necessary to solve models on the frontier of macroeconomics. Although the models featured in the course are macro-models, the computational methods can be readily applied to structural models in, inter alia, labor economics and finance.

Course literature

Primary reading
Students will be provided with lecture slides which are based on selected chapters of the following textbooks and selected papers. The specific chapters and papers are referenced in the lecture slides.
• Dynamic General Equilibrium Modelling: Computational Methods and Applications, by Burkhard Heer and Alfred Maussner (Springer, 2005)
• Economic Dynamics: Theory and Computation by John Stachurski (MIT Press 2009).
• Numerical Methods in Economics by Kenneth L. Judd (MIT Press, 1998).
• Lectures organized on the website https://lectures.quantecon.org/ by Thomas J. Sargent and John Stachurski.