PhD Courses in Denmark

ECON PhD course: Macroeconomics

Aarhus BSS Graduate School at Aarhus University

The aim of this course is to provide a rigorous graduate-level introduction to macroeconomics. It focusses on fundamental theories, with a view to establishing their key insights and motivating their quantitative application. A tentative list of topics is provided below.

  • A brief history of macroeconomics and its methodological approaches
  • Long-run growth: Stylized facts and neoclassical theory
  • Dynamic Optimization
  • Dynamic Competitive Equilibrium theory and its key insights
    • Consumption and risk-sharing
    • Efficiency
    • Infinite vs. finite horizons (Overlapping-generation (OLG) models)
  • Introduction to business cycle macroeconomics and key theories, such as
    • Real business cycle models
    • Models with nominal rigidities (New Keynesian)