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Home / Courses / Computational Macroeconomics

Computational Macroeconomics

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Economics 484 | Spring, 2019
This course provides a more in depth look into quantitative methods used in contemporary macroeconomic analysis. We will cover numerical methods used in dynamic optimization. In practice, we will apply these methods to solve two major models used in macroeconomic analysis, using both Excel and Matlab. The Neoclassical Growth Model and its variants are used to study aggregate trends and aggregate effects of government policy. The lifecycle model is used to examine questions involving decision-making over the lifecycle. We will learn how to use empirical observations for the purpose of calibrating model parameters and how to conduct policy evaluation in the context of calibrated models. Our policy evaluation will focus on fiscal policy (taxes) and social security issues.
Course Attributes: 
EN S
AS SSC
SectionInstructorsRoom ScheduleWUCrsL
01
Leukhina
MoWe 4:00 pm – 5:30 pm in Seigle Hall, Room 306
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Department of Economics | Washington University in St. Louis | Campus Box 1208 | One Brookings Drive, St. Louis, MO 63130-4899 | (314) 935-5670 | economics@wustl.edu