Advanced Macroeconomic Theory OpenCourseWare: A Free Advanced Graduate Level Macroeconomics Course by MIT

Published Jan 28, 2009

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Students with an understanding of microeconomics and who wish to apply that to large-scale economic behavior should consider taking 'Advanced Macroeconomics II,' a free graduate-level OpenCourseWare offered by MIT. The course is intended for those who wish to know more about labor markets, the effects of news on economic behavior and market effects of investment activity. Prior coursework in statistics will help students to better comprehend the course materials.

Advanced Macroeconomics II: Course Specifics

Degree Level Free Audio Video Downloads
Graduate Yes No No Yes

Lectures/Notes Study Materials Tests/Quizzes
Yes Yes No

Advanced Macroeconomics II: Course Description

This course on the use vector autoregression, general equilibrium and other models to help describe macroeconomic principles. Labor markets and their interactions are explored and the mathematical models are used to help students to better understand these interactions. Investment and capital liquidity are also explored and the roles of these entities in macroeconomic behavior is described and explained. Professors Olivier Blanchard and Guido Lorenzoni of MIT teach this lecture-based course. The instructors recommend that the students complete Advanced Macroeconomics I, Microeconomic Theory II and Macroeconomic Theory II courses (all are available online) before taking this course.

Most of the recommended readings are from books that must be purchased or technical papers available from professional journals. An extensive list of lecture notes is available online as are several homework assignments. If you're interested in taking this free course, visit the advanced macroeconomics course page.

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