Social Sciences >> Economics

For Course Instructors

  • Advertise your course for free
  • Feature your course listing
  • Create course discussion group
  • Link to your course page
  • Increase student enrollment

More Info...>>

Course Info

  • Course Number / Code:
  • 14.452 (Spring 2007) 
  • Course Title:
  • Macroeconomic Theory II 
  • Course Level:
  • Graduate 
  • Offered by :
  • Massachusetts Institute of Technology (MIT)
    Massachusetts, United States  
  • Department:
  • Economics 
  • Course Instructor(s):
  • Prof. Olivier Blanchard 
  • Course Introduction:

  • 14.452 Macroeconomic Theory II

    Spring 2007

    Course Highlights

    14.452 Macroeconomic Theory II

    Spring 2007

    Constitution Avenue entrance of the Federal Reserve, Washington, DC.

    Constitution Avenue entrance of the Federal Reserve, Washington, DC. (Image courtesy of J. D. Welch.)

    Course Description

    This is the second course in the four-quarter graduate sequence in macroeconomics. Its purpose is to introduce the basic models macroeconomists use to study fluctuations. Topics include the basic model or the consumption/saving choice, the RBC model or the labor/leisure choice, non-trivial investment decisions, two-good analysis, money, price setting, the "new Keynesian" model, monetary policy, and fiscal policy.

    Recommended Citation

    For any use or distribution of these materials, please cite as follows:

    Olivier Blanchard, course materials for 14.452 Macroeconomic Theory II, Spring 2007. MIT OpenCourseWare (, Massachusetts Institute of Technology. Downloaded on [DD Month YYYY].


This course content is a redistribution of MIT Open Courses. Access to the course materials is free to all users.

© 2009-2020, All Rights Reserved.
Higher Ed Space ® is a registered trademark of AmeriCareers LLC.