Advanced Macroeconomics 1
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Level: Graduate
Division: The New School for Social Research
Department: Economics
Course Number: GECO 6202
Course Format: Seminar
Location: NYC campus
Permission Required: No
Description:
The course aims to develop Macroeconomic Theory associated with one strand of the NSSR critical tradition, from Knut Wicksell to Lance Taylor, via Lindahl, Myrdal and Keyenes. This means, also, a parallel, but critical focus on the evolving theoretical technologies of macroeconomics, from Ramey and the calculus of variations to the Recursive Macroeconomics of the Newclassicals, via dynamical systems theory and optimal control theory. Those who wish to attend this course would be expected to have at least a ‘nodding acquaintance’ with Maynard’s Revenge: The Collapse of Free Market Macroeconomics by Lance Taylor (Harvard University Press, 2011 and Recursive Macroeconomics by Lars Ljungqvist & Thomas J. Sargent (3rd Edition, The MIT Press, 2012).
Course Open to: Degree Students with Restrictions