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14.452 Economic Growth (MIT) 14.452 Economic Growth (MIT)

Description

This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth and some of its applications. It will introduce a number of models of non-stochastic and stochastic macroeconomic equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of income and growth differences across countries. This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth and some of its applications. It will introduce a number of models of non-stochastic and stochastic macroeconomic equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of income and growth differences across countries.

Subjects

economic growth | economic growth | development | development | modern | modern | world income distribution | world income distribution | Solow growth model | Solow growth model | income differences | income differences | neoclassical growth | neoclassical growth | optimal and competitive allocations | optimal and competitive allocations | welfare theorems | welfare theorems | overlapping generations | overlapping generations | dynamic efficiency | dynamic efficiency | growth under uncertainty | growth under uncertainty | incomplete markets | incomplete markets | neoclassical endogenous growth | neoclassical endogenous growth | capital accumulation | capital accumulation | externalities | externalities | human capital | human capital | endogenous growth | endogenous growth | expanding input varieties | expanding input varieties | Schumpeterian models | Schumpeterian models | endogenous skill-bias technological change | endogenous skill-bias technological change | endogenous labor-augmenting technological change | endogenous labor-augmenting technological change | interdependences | interdependences | technology diffusion | technology diffusion | open economy | open economy | trade | trade

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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14.452 Economic Growth (MIT) 14.452 Economic Growth (MIT)

Description

This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth and some of its applications. It will introduce a number of models of non-stochastic and stochastic macroeconomic equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of income and growth differences across countries. This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth and some of its applications. It will introduce a number of models of non-stochastic and stochastic macroeconomic equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of income and growth differences across countries.

Subjects

economic growth | economic growth | development | development | modern | modern | world income distribution | world income distribution | Solow growth model | Solow growth model | income differences | income differences | neoclassical growth | neoclassical growth | optimal and competitive allocations | optimal and competitive allocations | welfare theorems | welfare theorems | overlapping generations | overlapping generations | dynamic efficiency | dynamic efficiency | growth under uncertainty | growth under uncertainty | incomplete markets | incomplete markets | neoclassical endogenous growth | neoclassical endogenous growth | capital accumulation | capital accumulation | externalities | externalities | human capital | human capital | endogenous growth | endogenous growth | expanding input varieties | expanding input varieties | directed technical change | directed technical change | endogenous skill-bias technological change | endogenous skill-bias technological change | endogenous labor-augmenting technological change | endogenous labor-augmenting technological change | interdependences | interdependences | technology diffusion | technology diffusion | open economy | open economy | trade | trade

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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14.462 Advanced Macroeconomics II (MIT) 14.462 Advanced Macroeconomics II (MIT)

Description

14.462 is the second semester of the second-year Ph.D. macroeconomics sequence. The course is intended to introduce the students, not only to particular areas of current research, but also to some very useful analytical tools. It covers a selection of topics that varies from year to year. Recent topics include: Growth and Fluctuations Heterogeneity and Incomplete Markets Optimal Fiscal Policy Time Inconsistency Reputation Coordination Games and Macroeconomic Complementarities Information 14.462 is the second semester of the second-year Ph.D. macroeconomics sequence. The course is intended to introduce the students, not only to particular areas of current research, but also to some very useful analytical tools. It covers a selection of topics that varies from year to year. Recent topics include: Growth and Fluctuations Heterogeneity and Incomplete Markets Optimal Fiscal Policy Time Inconsistency Reputation Coordination Games and Macroeconomic Complementarities Information

Subjects

macroeconomics research; analytical tools; analysis; endogenous growth; coordintation; incomplete markets; technolgy; distribution; employment; intellectual property rights; bounded rationality; demographics; complementarities; amplification; recursive equilibria; uncertainty; morris; shin; global games; policy; price; aggregation; social learning; dynamic adjustment; business cycle; heterogeneous agents; savings; utility; aiyagari; steady state; krusell; smith; idiosyncratic investment risk | macroeconomics research; analytical tools; analysis; endogenous growth; coordintation; incomplete markets; technolgy; distribution; employment; intellectual property rights; bounded rationality; demographics; complementarities; amplification; recursive equilibria; uncertainty; morris; shin; global games; policy; price; aggregation; social learning; dynamic adjustment; business cycle; heterogeneous agents; savings; utility; aiyagari; steady state; krusell; smith; idiosyncratic investment risk | macroeconomics research | macroeconomics research | analytical tools | analytical tools | analysis | analysis | endogenous growth | endogenous growth | coordintation | coordintation | incomplete markets | incomplete markets | technolgy | technolgy | distribution | distribution | employment | employment | intellectual property rights | intellectual property rights | bounded rationality | bounded rationality | demographics | demographics | complementarities | complementarities | amplification | amplification | recursive equilibria | recursive equilibria | uncertainty | uncertainty | morris | morris | shin | shin | global games | global games | policy | policy | price | price | aggregation | aggregation | social learning | social learning | dynamic adjustment | dynamic adjustment | business cycle | business cycle | heterogeneous agents | heterogeneous agents | savings | savings | utility | utility | aiyagari | aiyagari | steady state | steady state | krusell | krusell | smith | smith | idiosyncratic investment risk | idiosyncratic investment risk | growth | growth | fluctuations | fluctuations | heterogeneity | heterogeneity | optimal fiscal policy | optimal fiscal policy | time inconsistency | time inconsistency | reputation | reputation | information | information | coordination games | coordination games

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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14.451 Macroeconomic Theory I (MIT) 14.451 Macroeconomic Theory I (MIT)

Description

Introduction to the theories of economic growth. Topics will include basic facts of economic growth and long-run economic development; brief overview of optimal control theory and dynamic programming; basic neoclassical growth model under a variety of market structures; human capital and economic growth; endogenous growth models; models with endogenous technology; models of directed technical change; competition, market structure and growth; financial and economic development; international trade and economic growth; institutions and economic development. This is a half-term subject. The class size is limited. Introduction to the theories of economic growth. Topics will include basic facts of economic growth and long-run economic development; brief overview of optimal control theory and dynamic programming; basic neoclassical growth model under a variety of market structures; human capital and economic growth; endogenous growth models; models with endogenous technology; models of directed technical change; competition, market structure and growth; financial and economic development; international trade and economic growth; institutions and economic development. This is a half-term subject. The class size is limited.

Subjects

macroeconomic theory | macroeconomic theory | macroeconomics | macroeconomics | solow growth model | solow growth model | neoclassical growth model | neoclassical growth model | endogenous growth | endogenous growth | human capital | human capital | Bellman equation | Bellman equation | theory of optimal control | theory of optimal control | dynamic programming | dynamic programming | GDP | GDP | per capita income | per capita income | asset pricing | asset pricing | public finance | public finance | overlappiing generations | overlappiing generations | AK | AK | spillovers | spillovers | expanding variety models | expanding variety models | Sala-i-Martin | Sala-i-Martin | Daron Acemoglu | Daron Acemoglu | Barro | Barro

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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14.05 Intermediate Macroeconomics (MIT) 14.05 Intermediate Macroeconomics (MIT)

Description

This course uses the tools of macroeconomics to study various macroeconomic policy problems in-depth. The problems range from economic growth in the long run, to government finances in the intermediate run, and economic stability in the short run. Many economic models used today are surveyed. This course uses the tools of macroeconomics to study various macroeconomic policy problems in-depth. The problems range from economic growth in the long run, to government finances in the intermediate run, and economic stability in the short run. Many economic models used today are surveyed.

Subjects

macroeconomics | macroeconomics | Solow Model | Solow Model | consumption | consumption | saving | saving | labor supply | labor supply | Ramsey model | Ramsey model | endogenous growth | endogenous growth | policy | policy | economics | economics | financial crisis | financial crisis

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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http://ocw.mit.edu/rss/all/mit-allcourses.xml

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14.452 Economic Growth (MIT)

Description

This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth and some of its applications. It will introduce a number of models of non-stochastic and stochastic macroeconomic equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of income and growth differences across countries.

Subjects

economic growth | development | modern | world income distribution | Solow growth model | income differences | neoclassical growth | optimal and competitive allocations | welfare theorems | overlapping generations | dynamic efficiency | growth under uncertainty | incomplete markets | neoclassical endogenous growth | capital accumulation | externalities | human capital | endogenous growth | expanding input varieties | Schumpeterian models | endogenous skill-bias technological change | endogenous labor-augmenting technological change | interdependences | technology diffusion | open economy | trade

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

Site sourced from

https://ocw.mit.edu/rss/all/mit-allarchivedcourses.xml

Attribution

Click to get HTML | Click to get attribution | Click to get URL

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14.452 Economic Growth (MIT)

Description

This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth and some of its applications. It will introduce a number of models of non-stochastic and stochastic macroeconomic equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of income and growth differences across countries.

Subjects

economic growth | development | modern | world income distribution | Solow growth model | income differences | neoclassical growth | optimal and competitive allocations | welfare theorems | overlapping generations | dynamic efficiency | growth under uncertainty | incomplete markets | neoclassical endogenous growth | capital accumulation | externalities | human capital | endogenous growth | expanding input varieties | directed technical change | endogenous skill-bias technological change | endogenous labor-augmenting technological change | interdependences | technology diffusion | open economy | trade

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

Site sourced from

https://ocw.mit.edu/rss/all/mit-allcourses.xml

Attribution

Click to get HTML | Click to get attribution | Click to get URL

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14.462 Advanced Macroeconomics II (MIT)

Description

14.462 is the second semester of the second-year Ph.D. macroeconomics sequence. The course is intended to introduce the students, not only to particular areas of current research, but also to some very useful analytical tools. It covers a selection of topics that varies from year to year. Recent topics include: Growth and Fluctuations Heterogeneity and Incomplete Markets Optimal Fiscal Policy Time Inconsistency Reputation Coordination Games and Macroeconomic Complementarities Information

Subjects

macroeconomics research; analytical tools; analysis; endogenous growth; coordintation; incomplete markets; technolgy; distribution; employment; intellectual property rights; bounded rationality; demographics; complementarities; amplification; recursive equilibria; uncertainty; morris; shin; global games; policy; price; aggregation; social learning; dynamic adjustment; business cycle; heterogeneous agents; savings; utility; aiyagari; steady state; krusell; smith; idiosyncratic investment risk | macroeconomics research | analytical tools | analysis | endogenous growth | coordintation | incomplete markets | technolgy | distribution | employment | intellectual property rights | bounded rationality | demographics | complementarities | amplification | recursive equilibria | uncertainty | morris | shin | global games | policy | price | aggregation | social learning | dynamic adjustment | business cycle | heterogeneous agents | savings | utility | aiyagari | steady state | krusell | smith | idiosyncratic investment risk | growth | fluctuations | heterogeneity | optimal fiscal policy | time inconsistency | reputation | information | coordination games

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

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https://ocw.mit.edu/rss/all/mit-allcourses.xml

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14.452 Economic Growth (MIT)

Description

This half semester class will present an introduction to macroeconomic modeling, particularly economic growth. It will focus both on models of economic growth and their empirical applications, and try to shed light on the mechanics of economic growth, technological change and sources of income and growth differences across countries.

Subjects

economic growth | development | modern | world income distribution | Solow growth model | income differences | neoclassical growth | optimal and competitive allocations | welfare theorems | overlapping generations | dynamic efficiency | growth under uncertainty | incomplete markets | neoclassical endogenous growth | capital accumulation | externalities | human capital | endogenous growth | expanding input varieties | directed technical change | endogenous skill-bias technological change | endogenous labor-augmenting technological change | interdependences | technology diffusion | open economy | trade

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

Site sourced from

https://ocw.mit.edu/rss/all/mit-allcourses.xml

Attribution

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14.452 Economic Growth (MIT)

Description

This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth and some of its applications. It will introduce a number of models of non-stochastic and stochastic macroeconomic equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of income and growth differences across countries.

Subjects

economic growth | development | modern | world income distribution | Solow growth model | income differences | neoclassical growth | optimal and competitive allocations | welfare theorems | overlapping generations | dynamic efficiency | growth under uncertainty | incomplete markets | neoclassical endogenous growth | capital accumulation | externalities | human capital | endogenous growth | expanding input varieties | directed technical change | endogenous skill-bias technological change | endogenous labor-augmenting technological change | interdependences | technology diffusion | open economy | trade

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

Site sourced from

https://ocw.mit.edu/rss/all/mit-allarchivedcourses.xml

Attribution

Click to get HTML | Click to get attribution | Click to get URL

All metadata

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14.05 Intermediate Macroeconomics (MIT)

Description

This course uses the tools of macroeconomics to study various macroeconomic policy problems in-depth. The problems range from economic growth in the long run, to government finances in the intermediate run, and economic stability in the short run. Many economic models used today are surveyed.

Subjects

macroeconomics | Solow Model | consumption | saving | labor supply | Ramsey model | endogenous growth | policy | economics | financial crisis

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

Site sourced from

https://ocw.mit.edu/rss/all/mit-allcourses.xml

Attribution

Click to get HTML | Click to get attribution | Click to get URL

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14.451 Macroeconomic Theory I (MIT)

Description

Introduction to the theories of economic growth. Topics will include basic facts of economic growth and long-run economic development; brief overview of optimal control theory and dynamic programming; basic neoclassical growth model under a variety of market structures; human capital and economic growth; endogenous growth models; models with endogenous technology; models of directed technical change; competition, market structure and growth; financial and economic development; international trade and economic growth; institutions and economic development. This is a half-term subject. The class size is limited.

Subjects

macroeconomic theory | macroeconomics | solow growth model | neoclassical growth model | endogenous growth | human capital | Bellman equation | theory of optimal control | dynamic programming | GDP | per capita income | asset pricing | public finance | overlappiing generations | AK | spillovers | expanding variety models | Sala-i-Martin | Daron Acemoglu | Barro

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

Site sourced from

https://ocw.mit.edu/rss/all/mit-allcourses.xml

Attribution

Click to get HTML | Click to get attribution | Click to get URL

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