Econ 419: Advanced Macroeconomics II
Welcome to this web page! This class is co-taught by Olivier Morand and Christian
Zimmermann. This class meets on Tuesdays and Thursdays
12:30-1:45 in room 200, Whetten Building. Morand will teach the first third of the class, Zimmermann the latter two thirds.
Office hours for this class are TBA (Morand) and Wednesdays 8-12 AM or by
appointment (Christian Zimmermann).
This class will use the following textbook: Lars Ljungvist and Thomas J.
Sargent, Recursive Macroeconomic Theory, MIT Press 2000. A second edition was published in 2004, you can use either for this class. It will also be used for Econ 429.
It should be
available at the UConn Bookstore (Co-op). Also, if you
have David Romer, Advanced Macroeconomics, McGrawHill 1996 (or second edition, 2001, third edition, 2005), keep it. We will also cover a few chapters in Thomas F. Cooley
(ed.), Frontiers of Business Cycle Research, Princeton University
Press, 1997, which you may want to buy if you intend to specialize in
We will not cover every chapter of the textbooks, and we will cover some
material not covered in the textbook.
- Growth theory
Romer, Chapters 1 and 3 (loosely)
- Recursive equilibria
Ljungqvist and Sargent, Chapters 7, 8, 12.
- Real business cycles
Cooley, Chapters 1, 2.
- Asset Pricing
Ljungqvist and Sargent, Chapter 13.
There will be two mid-terms and a final exam. Each will last a full
class. We will also sprinkle a certain number of homeworks here and there,
both to entice you to work without delay and to allow us to check we are
on the right track. The formula will be:
- 30% mid-term I
- 30% mid-term II
- 30% final exam
- 10% problems
To contact me:
Phone: 6-3272, Email: email@example.com