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ECON 205 - Macroeconomic Theory I

Makroekonominin advanced dersi olan Econ 205 dersinde Hocanın derste ödev olarak verdiği Study Sheetler üzerinden soruları çözüyor; gerekirse geçmiş yıl sınavlarının üzerinden geçiyoruz.  



Ders Tanıtımı:

This course is the second part of on intermediate level microeconomics sequence. Topics covered are: general equilibrium, welfare economics, monopoly, imperfect competition, externalities and public goods, uncertainty and information, and game theory.  


Haftalık Konular: 

  1. Pure Exchange Economy, General Equilibrium.

  2. Pareto Efficiency, First and Second Welfare Theorems.

  3. Social Choice Theory, Arrow's Impossibility Theorem.

  4. Choice under risk.

  5. Monopoly, Welfare Consequences, Price Discrimination.

  6. Game Theory, Normal Form Games, Pure Strategy Nash Equilibrium.

  7. Mixed Strategy Nash Equilibrium, Dominant Strategies.

  8. Imperfect Competition Models (Bertrand Competition, Cournot Competition, Stackelberg Competition).

  9. Auction Theory, First and Second Price Auctions.

  10. Matching Theory, Stability, Gale-Shapley Algorithm.

  11. Extensive Form Games, Backward Induction, Subgame Perfection.

  12. Repeated Games.

  13. Asymmetric Information, Moral Hazard, Adverse Selection.

  14. Spence Education model, Akerlof's markets for lemons.

ECON 206 - Macroeconomic Theory II

Makroekonominin advanced dersi olan Econ 206 dersinde Hocanın derste ödev olarak verdiği Study Sheetler üzerinden soruları çözüyor; gerekirse geçmiş yıl sınavlarının üzerinden geçiyoruz.  



Ders Tanıtımı:

This course is the second part of the intermediate macroeconomics sequence and it focuses on microfoundations in order to study macro models. Among the subjects are the consumption and investment theories, inflation and unemployment trade-off, and fiscal and monetary policy design and institutions with regards to open economy macroeconomics, exchange rate models and current account dynamics that are grounded in the intertemporal optimization problem of the representative agent will also be introduced. 


Haftalık Konular: 

  1. Building the Workhorse Model: Overlapping Generations Model

  2. Competitive Equilibria The Temporary Equilibrium The Intertemporal Equilibrium with Perfect Foresight Capital Dynamics at a Rational Intertemporal Equilibrium Comparison Of Myopic and Perfect Foresight

  3. Optimality The Golden Age Under- and Over-accumulation of Capital Dynamic Efficiency

  4. Policy Lump-sum transfers and the Second Welfare Theorem The direction of optimal transfers in the long run Social security and Pensions Fully funded system Pay-as-you-go system

  5. Debt The intertemporal budget constraint of the government Ponzi games Constant deficit policies, Constant debt policies Constant debt-output ratio, Deficits and cycles

  6. Economic Growth and Economic Development: The Questions Cross-Country Income Differences Income and Welfare Economic Growth and Income Differences Conditional Convergence Correlates of Economic Growth

  7. The Solow Growth Model Transitional Dynamics in the Discrete Time Solow Model Transitional Dynamics in the Continuous Time Solow Model Solow Model with Technological Progress Solow Model with Human Capital

  8. Midterm

  9. Foundations of Neoclassical Growth The Representative Household The Representative Firm Welfare Theorems Sequential Trading

  10. The Neoclassical Growth Model Preferences, Technology and Demographics Characterization of Equilibrium Steady-State Equilibrium Transitional Dynamics

  11. Endogenous Growth Models The AK Model The AK Model with Physical and Human Capital The Two-Sector AK Model Growth with Externalities: Learning-by-Doing and Knowledge Spillovers

  12. Endogenous Technological Change Growth with Knowledge Spillovers

  13. Endogenous Technological Change Growth without Scale Effects Growth with Expanding Product Varieties

  14. Models of Schumpeterian Growth A One-Sector Schumpeterian Growth Model Innovation and Capital Accumulation Uneven Growth

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