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Last updated:

October 22, 2022

Duration:

Unlimited Duration

FREE

This course includes:

Unlimited Duration

Badge on Completion

Certificate of completion

Unlimited Duration

Description

14.462 is the second semester of the second-year Ph.D. macroeconomics sequence.

The course is intended to introduce the students, not only to particular areas of current research, but also to some very useful analytical tools. It covers a selection of topics that varies from year to year. Recent topics include:

  • Growth and Fluctuations
  • Heterogeneity and Incomplete Markets
  • Optimal Fiscal Policy
  • Time Inconsistency
  • Reputation
  • Coordination Games and Macroeconomic Complementarities
  • Information

Course Curriculum

  • Commitment, Coordination, and Expectation Traps Unlimited
  • Idiosyncratic Investment (or Entrepreneurial) Risk in a Neoclassical Growth Model Unlimited
  • Self Insurance and Risk Taking Unlimited
  • Complementarities and Coordination Unlimited
  • Morris-Shin and Global Games Unlimited
  • Aiyagari and Krusell-Smith Unlimited

About the instructor

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Instructor Rating

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1520

Courses

1916

Students

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Massachusetts Institute of Technology