Advanced Macroeconomics II

14.462 is the second semester of the second-year Ph.D. macroeconomics sequence.

The course is intended to introduce the students, not only to particular areas of current research, but also to some very useful analytical tools. It covers a selection of topics that varies from year to year. Recent topics include:

• Growth and Fluctuations
• Heterogeneity and Incomplete Markets
• Optimal Fiscal Policy
• Time Inconsistency
• Reputation
• Coordination Games and Macroeconomic Complementarities
• Information