Macroeconomic Theory II OpenCourseWare: MIT's Free Online Graduate Level Macroeconomic Theory Course
'Macroeconomic Theory II' is a free graduate-level OpenCourseWare offered by MIT that provides an introduction to the models that macroeconomists use to study economic fluctuations. This is the second of a four quarter sequence of graduate courses in macroeconomics and is intended for students studying Economics or those interested in this discipline. An undergraduate-level understanding of macroeconomics is strongly encouraged to help students fully grasp the material.
Macroeconomic Theory II: Course Specifics
| Degree Level | Free | Audio | Video | Downloads |
|---|---|---|---|---|
| Graduate | Yes | No | No | Yes |
| Lectures/Notes | Study Materials | Tests/Quizzes |
|---|---|---|
| Yes | Yes | Yes |
Macroeconomic Theory II: Course Description
'Macroeconomic Theory II', the second course in a four-part series, provides students with a look at how economists predict, understand and analyze macroeconomic fluctuations. Basic subjects covered include consumption/saving and labor/leisure choices, the 'new Keynesian' model of macroeconomics and monetary and fiscal policies. Other lecture topics include theories of price setting and an introduction to the complex concept of 'money.' Course readings come from a variety of sources and encourage students to think beyond simple concepts and theories to the applications and uses of the lecture topics. Professor Olivier Blanchard, of the MIT Department of Economics, teaches this course and recommends that all students be familiar with macroeconomics at the intermediate undergraduate level.
A list of books and technical papers are recommended to augment extensive lecture notes. In addition to lecture notes, four problem sets are available for download. If you're interested in taking this free course, visit the macroeconomic theory page.
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