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Teaching GuideTerm Faculty of Economics and Business |
| Máster Universitario en Economía |
 Subjects |
| Advanced macroeconomics |
| Contents |
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| Identifying Data | 2023/24 | |||||||||||||
| 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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