Academic Catalog

ECO430 ADVANCED MACROECONOMICS

Course Code: 3520430
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: Prof.Dr. ERDAL ÖZMEN
Offered Semester: Fall Semesters.

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.