Jose Mauricio Prado

The course covers the workhorse models of modern macroeconomics. Topics include: consumption vs. saving decision, Ramsey neoclassical growth model, convex adjustment costs, overlapping generations, endogenous labor decision, asset pricing, search and matching, and money.

This course is intended as an introduction to Macroeconomics in a political economy perspective. It is structured in three building blocks of two lectures each. The course presents initially the workhorse models of political economics. Then,
economic policy and political institutions are analyzed. Finally, economic reform and commitment are discussed using dynamic politico-economic tools.

Basic mathematical and statistical concepts essential for formal and quantitative analysis in social science research. The course prepares students for courses in econometrics, political economy, game theory, and further advanced quantitative topics.