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 eects 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.