Essential computational methods used in macroeconomics. There will be particular focus on approximating the solution to dynamic stochastic general equilibrium models. Methods for representative-agent and heterogeneous-agent models will be extensively studied. Econometric methods such as Generalized Method of Moments, Maximum Likelihood, Vector Autoregressions wil also be covered.
Beginning on Fri, October 23rd, students will need to attend an evening meeting from 5:30p-830p
Prerequisites/Rules:
Prerequisite: ECON602 and ECON601. Restriction: Must be in one of the following programs (Economics (Master's); Economics (Doctoral)) ; or permission of BSOS-Economics department.
Credits: 3
Grading Method: Regular, Audit