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ECON-S427

Graduate macroeconomics I

academic year
2023-2024

Course teacher(s)

Fabio Blasutto (Coordinator)

ECTS credits

10

Language(s) of instruction

english

Course content

In this course students learn the fundamental building blocks of macroeconomic theory. The topics covered include consumption theory, life-cycle models, complete and incomplete markets, the neoclassical growth model, the real business cycle model, general equilibrium macroeconomics with heterogeneous agents: bewley-huggett-aiyagari and krussel-smith. 

Objectives (and/or specific learning outcomes)

This course presents some fundamental building blocks of macroeconomic theory.

Prerequisites and Corequisites

Required and Corequired knowledge and skills

Familiarity with basic optimization techniques and some undergraduate macroeconomics is required. 

Teaching methods and learning activities

Lectures, problem sets, and practical sessions. 

Contribution to the teaching profile

This course contributes to the following program learning objectives:
LO 1.2 - Assess the quality of an economic research produced by others
LO 1.3 - Identify and analyse an issue using the relevant analytical tools and methods
LO 2.1 - Adopt a scientific approach to data collection, research and analysis and communicate results with clear, structured and sophisticated arguments
LO 2.2 - Display critical thinking and develop autonomous learning strategies and techniques
LO 3.2 - Thorough and critical ability to use empirical and statistical tools in economics
LO 4.1 - Work and communicate effectively as part of a team in an international and multicultural environment

References, bibliography, and recommended reading

Ljungqvist, Lars, and Thomas J. Sargent. Recursive macroeconomic theory, fourth edition. MIT press.

Other information

Contacts

fabio.blasutto@ulb.be

Campus

Solbosch

Evaluation

Method(s) of evaluation

  • written examination
  • Group work

written examination

Group work

Mark calculation method (including weighting of intermediary marks)

Written final exam (80%) and compulsory problem sets (20%)

Language(s) of evaluation

  • english

Programmes