Advanced macroeconomics III : complement advanced macro II

Langue
d'enseignement

Anglais

Thèmes abordés

A few topics (around three), in continuation of the macroeconomic courses, will be selected at the beginning of the course. The first lectures will consist in ex-catedra expositions by the professor(s) to introduce to the topics, with the associated advanced literature,key issues and open questions and recommended readings. These lec-tures will be followed by students' seminars. These seminars will consist of reading reports of one of two re-lated seminal contributions, plus a discussion and eventually an extension proposal.

Contenu

The course is divided into two parts.
Part 1 introduces the students to the basics of overlapping generations model: the competitive equilibrium, the planner allocation, decentralization a planner allocation, the second best problem
Part 2 presents key models to understand the growth process. It includes Malthusian models, Solow's model, from Malthus to Solow, Models with human capital, Unified growth theory

Méthodes d'enseignement

Lectures ex catedra with a maximum of interactions with the students. Focus on understanding mechanisms.

Modes d'évaluation
des acquis des étudiants

Depending on the number of students, the final exam will be written or oral.

Bibliographie

Part 1: de la Croix and Michel (2002), A Theory of Economic Growth, Cambridge University Press

Faculté ou entité
en charge

ECON