Course DescriptionThe aim of this course is to provide a comprehensive study of dynamic macroeconomic models. Topics include the stylized facts of business cycles, the two-period model, credit market frictions and social security, money and business cycles, and international macroeconomics. The effect of economic shocks and fiscal and monetary policy changes will be examined in the context of both closed and open economies.
On-campus exam requirement: Beginning Fall 2022 your final exam will be written in person at the Toronto Metropolitan University campus. If you live more than 100 km from the TMU campus, you may arrange to write your exam off campus using an approved off-campus invigilation service. Details on how to arrange off-campus invigilation will be provided prior to the first day of class.
RequisitesPrerequisite: CECN 301
- Economics: Theory and Applications : Electives (select 3 not previously taken in Required Courses)