COURSE

UGOD5110

Quantitative Macroeconomics

Society Hub / Urban Governance and Design · 3 Credits

This course introduces the framework of modern macroeconomics and then conducts policy analysis based on it. We start from the classic economic growth model developed by Solow, then gradually add other features to the model to make it better explain the real world. These features include a life-cycle structure, income risks, incomplete credit markets, the role of government, etc. After building up the framework, we study its policy implications with a focus on fiscal policy.