Econ 0107

This is the page of MRes–Macro I course

University College London


I am teaching that course with Ralph Luetticke. ECON 0107 is the first part of the two part macroeconomic course for MRes students. In the first term, we will provide a rigorous introduction to dynamic problems in economics. We discuss both the formal mathematics behind dynamic programming and dynamic optimization and provide the numerical techniques that can be used in a variety of contexts to solve specific problems. The aim is to offer an integrated framework for studying applied problems in macroeconomics. We also apply our theory to real word data.

In the first semester, we follow Lars Ljungqvist and Thomas Sargent textbook Recursive Macroeconomic Theory, Cambridge, Mass.: MIT Press, fourth edition.