Module overview
This module introduces students to dynamic macroeconomics, focusing on how economic decisions made affect today and future economic outcomes. Using unified micro-founded general equilibrium fremework, students analyse consumption, labour demand and supply, saving, and investment decisions in an intertemporal setting. Students learn to use this model to analyse the effects of economic shocks and evaluate policy interventions on long term growth and business cycle fluctuations.
Pre-requisite for ECON3010
Linked modules
prerequisites: ECON1021 and (ECON1007 or MATH1024) and (ECON1008 or ECON1005 or MATH1058 and MATH1059).