This is an advanced course in macroeconomics. We build the analytical foundations for understanding key macroeconomic issues, such as the sources of business cycles, the causes of inflation, and the effects of monetary and fiscal policy on the economy. We will cover the main theoretical frameworks used by modern macroeconomists, discuss the empirical evidence in favor of these models, and use quantitative macro models to answer macro policy questions. Prerequisites: Working knowledge of multivariate calculus, linear algebra, differential equations, and probability theory, at the level of Math ECON 51 or ECON 50.
5 units · Letter or Credit/No Credit
This is an advanced course in macroeconomics. We build the analytical foundations for understanding key macroeconomic issues, such as the sources of business cycles, the causes of inflation, and the effects of monetary and fiscal policy on the economy. We will cover the main theoretical frameworks used by modern macroeconomists, discuss the empirical evidence in favor of these models, and use quantitative macro models to answer macro policy questions. Prerequisites: Working knowledge of multivariate calculus, linear algebra, differential equations, and probability theory, at the level of Math 51 or ECON 50.
Offered in Winter 2026 at Stanford University.