Dynamic Macroeconomics

The course is an introduction to the analysis of modern Dynamic Macroeconomics. It applies relevant formal economic reasoning and advanced dynamic optimization techniques to study such macroeconomic issues as: (1) Optimal investment decisions, and (2) Optimal growth theory (both exogenous and endogenous). Before attending Dynamic Macroeconomics, students should have already taken a course in Mathematics (static optimization), and a course in macroeconomics (graduate/advanced level).

At the end of the course students will be able to: (1) Apply the fundamental dynamic optimization techniques to the most relevant macroeconomic problems; (2) Approach autonomously the reading and critical understanding of the latest models in the field of dynamic macroeconomics; (3) Interpret economically the theoretical results of such models, along with their main economic policy implications.