Tentative schedule:

09/18: Required methodologies (1).

09/25: Required methodologies (2).

10/02: (National Holiday)

10/09: (National Holiday)

10/16: Business cycle concepts and facts.

10/23: Basic RBC model.

10/30: Evaluation of the RBC model.

11/06: Simple NK model (1).

11/13: Simple NK model (2).

11/20: Midterm.

11/27: Implications of the simple NK model.

12/04: Modern monetary policy issues.

12/11: Discussion: Garin, Lester, and Sims (2016, Journal of Political Economy, 69: 21-44).

12/18: Discussion: Kung (2015, Journal of Financial Economics, 115(1): 42-57).

12/25: Final exam.

01/01: (National Holiday)

01/08: Second-chance final exam.

In-class performance: 20%

Exams: 80%

Note: no make-up exams will be given in any case.

TBA