Academic Catalog


Course Code: 3520421
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 6.0
Department: Economics
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator: Assoc.Prof.Dr. EMRE ZELK
Offered Semester: Fall Semesters.
Prerequisite: Set 1: 3520201 , 3520202
The course set above should be completed before taking ECO421 ADVANCED MACROECONOMICS .

Course Content

Inter-temporal consumption-saving choice, growth model, exogenous growth, welfare theorems, household labor supply, business cycles, theories of unemployment, markets with frictions, quantity rationing, commitment problems, dynamic inconsistency, fiscal policy, macroeconomics with demographic details.