Accueil - Macroéconomics-monetary economics (MACRO-MON)
Macroéconomics-monetary economics (MACRO-MON)
Code interne : (MACRO-MON)
Programme de cours :
TITLE : Macro and Monetary Economics
Sébastien Lotz – Professor of Economics
Summary: This course first revisits in details the classical, IS/LM, and AD/AS models (hypotheses, equations, resolution, multipliers, policy effects, graphical effects, economic explanations). Second, the micro foundations of money demand are studied in order to introduce portfolio selection (Baumol, and Tobin model). Finally, the OLG model is presented in order to study the role of money in such an environment.