MEC-02 Macroeconomic Analysis

Block 1 - Traditional Approaches to Macroeconomics
Classical and Keynesian Approaches
Neoclassical Synthesis

Block 2 - Economic Growth
The Solow Model
Endogenous Growth Model

Block 3 - Rational Expectations
Relational Expectations and Economic Theory
Policy-Making under Uncertainty

Block 4 - Inter-temporal Decision-Making
Consumption and Asset Price
The Ramsey Model
The Overlapping Generations Model
Money and the Role of Monetary Policy

Block 5 - Economic Fluctuations
Traditional Theories of Business Cycles
Real Business Cycles

Block 6 - Unemployment
Traditional Theories
Search Theory and Unemployment
Nominal and Real Rigidities
New Keynesian Theories of Unemployment

Block 7 - Open-Economy Macro-Modeling
Flexible Exchange Rate System
Fixed Exchange Rate System
Sluggish Price Adjustment




Total-18, Solved-13, Unsolved-5
June (2008-2020)
December (2008-2020)