Quantitative Macroeconomics -- Models in Action - Einzelansicht

Tuesday, 4.15-5.45 pm, online via Zoom (link in the moodle course)

Moodle password: Bellman21

Description:

The course provides the participants with some of the tools which are necessary and helpful to solve
modern dynamic macroeconomic models numerically. The course alternates between lecture style
and practical sessions using MATLAB.

Requirements:
Participants should have some prior knowledge in dynamic macroeconomics and some experience
with dynamics economics models. It is also helpful if the participants experience fun in doing solving
models with the help of computer.

Contents:
– Dynamics of the Solow growth model
– Cyclical and complex dynamics
– Function approximation
– Numerical solution of intertemporal consumption problems
– Numerical solutions of deterministic and stochastic Ramsey models
– Models with heterogeneous agents

References and recommendations for further reading will be given during the course

presentation and term paper