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ECO408A - Advanced Macro Economics

IITK

Prerequisites:

3-0-0-9

Course Contents

Introduction; The Sallow growth model; Infinite horizon and over lapping generation models; New growth theory; Real business cycle theory; Traditional Keynesian theories of fluctuations; Incomplete nominal adjustment; Consumption and investment; Search frictions and unemployment; Inflation and monetary policy; Budget deficits and fiscal policy.


 

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