364-0559-00L Dynamic Macroeconomics (Doctoral Course)

Number

Title

Hours

Lecturers

364-0559-00 V

Dynamic Macroeconomics (Doctoral Course)

Permission from lecturers required for all students.
If you have any questions, please contact Martin Tischhauser at mtischhauser@ethz.ch

2 hrs

Abstract	Dynamic models and workhorses in macroeconomics
Learning objective	In this doctoral course, we learn dynamic general equilibrium theory and the basic workhorses in macroeconomics. After the course the participants will be able to speak the Arrow-Debreu and recursive language and apply the frameworks to interesting issues in Growth, Public Finance, Monetary Theory and Banking.
Content	1. Introduction 2. The Arrow-Debreu Approach and Sequential Markets 3. The Neoclassical Growth Model and the Representative Agent Model 4. Mathematical Background 5. Frictions and Banking 5.1 Overview 5.2 Banks in Macroeconomic Models 5.3 Ramsey cum Banks: General Equilibrium with Banks and Outside Equity 6. Overlapping Generations Models and Models with Heterogenous Agents 7. Debates 7.1 Theory of Piketty 7.2 High Bank Equity Requirements

Performance assessment information (valid until the course unit is held again)
Performance assessment as a semester course
ECTS credits	3 credits
Examiners	H. Gersbach
Type	end-of-semester examination
Language of examination	English
Repetition	The performance assessment is only offered at the end after the course unit. Repetition only possible after re-enrolling.

No public learning materials available.
Only public learning materials are listed.

No information on groups available.

General

: Special students and auditors need a special permission from the lecturers
Permission from lecturers required for all students

Programme	Section	Type
Doctoral Department of Management, Technology, and Economics	Doctoral Studies in Economics	W