1 to 3 credits
Spring 2025 LectureSelected topics in contemporary research in macroeconomic theory. Emphasis on the implications of uncertainty in macroeconomic theory, including such topics as search theory, asset selection under uncertainty, stochastic optimal control, and asymmetric information.
Learning Outcomes1Understand and define equilibrium in various models.
2Identify the sources of inefficiencies in a competitive equilibrium.
3Develop foundations in macroeconomic models necessary to pursue research in economics.