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Advanced Macroeconomic Theory ECON 809 (4)

This course covers advanced macroeconomic theory topics. Emphasis will be placed on current research techniques. Topics covered may include: capital and growth theory, real business cycle models, models of fiat money, asset pricing models, endogenous growth models, development traps, macroeconomic complementarities, co-ordination failures, and adaptive behavior in macroeconomic models. Prerequisite: ECON 808. Students with credit for ECON 806 may not take this course for further credit.