Carnegie Mellon University

Macroeconomics I

Course Number: 47802

This is an introductory course in modern macroeconomics. We will cover topics from basic growth theory to labor markets, asset pricing and government policy. The aim of the class is twofold. First, we become familiar with basic questions that we would like to answer in macroeconomics. What determines the cross- country differences in income level andgrowth rates? What are the determinants of business cycles? Why is there unemployment? How should governments design fiscal policies over time? We will start with these basic questions and by the end of the course you should have a sense of what type questions macroeconomists ask and what to look for. Second, we learn the techniques that are used and developed in macro to think about and answer these questions. These are models and the mathematical tools that are required to analyze these models.

Degree: PhD
Concentration: Economics
Academic Year: 2020-2021
Semester(s): Mini 2
Required/Elective: Elective
Units: 6


Lecture: 100min/wk and Recitation: 50min/wk