Teaching GuideTerm Faculty of Economics and Business |
Máster Universitario en Economía |
Subjects |
Advanced macroeconomics |
Contents |
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Identifying Data | 2022/23 | |||||||||||||
Subject | Advanced macroeconomics | Code | 611532029 | |||||||||||
Study programme |
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Descriptors | Cycle | Period | Year | Type | Credits | |||||||||
Official Master's Degree | 2nd four-month period |
First | Optional | 3 | ||||||||||
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Topic | Sub-topic |
1. The Ramsey-Cass-Koopmans model. Dynamic optimization | - The model of producer families - The solution with competitive markets - The dynamics of the economy |
2. Overlapping generations models | - Hypothesis of the model - Behavior of households and companies - The dynamics of the economy |
3. The AK model | - The model of producer families - The utility function and the maximization problem - The dynamics of the transition |
4. The AK model and the fiscal policy |
- The model of producer families - The relationship between the size of the state and the growth rate - The economics of the central planner and optimal growth |
5. The Romer model | - The model of producer families - The market economy model - The effects of scale and the increasing returns |
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