17-21 Feb, 2020 | Classical Business Cycle Analysis

  • Summarize the real business cycle theory and describe how well it accounts for the business cycle facts.
  • Discuss the e ects of scal policy shocks in the classical model.
  • Discuss unemployment in the classical model.
  • Discuss the roles of money and monetary policy in the classical model.
  • Summarize the fundamentals and implications of the misperceptions theory.