Macroeconomics: Theory and Applications II

This course introduces students to the study of macroeconomic dynamics.

This course introduces students to the study of macroeconomic dynamics. The focus of this course is primarily on medium and long run. Based on the concepts developed in Macroeconomics 1, this course introduces students to the canonical growth models like Solow, Harrod, endogenous and Post-Keynesian models. In addition to the traditional growth theories, this course introduces topics such as financialization and business cycles by outlining the relationship between real and financial sector in the medium and long run. This course equips students with the analytical tools that are necessary to engage with mainstream, heterodox and structural change growth models.