CAS EC 348 Dynamic Macroeconomics

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The CAS EC 348 Dynamic Macroeconomics course mainly offers an elementary however elliptical introduction to dynamic models and dynamic analysis in economics. The strategy of dynamic analysis is applied to wage-and value formation and inflation,  to economic policy and financial policy analysis in an open economy context. The course additionally contains an introduction to the fluctuation model. At the start of the course, we tend to make a case for why a dynamic approach is needed to know to predict however an economy realistically reacts to shocks or a change. The above statetd course offers a piecemeal introduction to the key theoretical ideas concerning statics and dynamic analysis and the corresponding model sorts.

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