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This unit will teach students the latest academic research in advanced macroeconomics, focusing on business cycles and monetary policy. Students will learn essential macroeconomics tools and theories: micro-founded rational expectations, dynamic stochastic general equilibrium (DSGE) models. Students will learn the role of nominal frictions within a New Keynesian/New Neoclassical framework and their implication for monetary policy. This unit of study will enable students to undertake postgraduate studies in macroeconomics.
Code | ECON4902 |
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Academic unit | Economics |
Credit points | 6 |
Prerequisites:
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None |
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Corequisites:
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None |
Prohibitions:
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None |
At the completion of this unit, you should be able to:
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