DRE 7004 Topics in Macroeconomics
This course is divided in two parts. The first part gives an introduction to Computational Methods and Applications in Dynamic General Equilibrium Modeling. The second part studies frontier research on selected macroeconomic topics.
The students should master and produce sophisticated research on dynamic general equilibrium models and models of international macroeconomics.
After taking this course the students should have a solid knowledge of numerical methods used to solve problems in macroeconomics and understand basic and advanced models of open economy and monetary policy.
The students should be able to build and estimate models so as to analyse research questions that are at the frontier in macroeconomics.
A selection of these topics will be covered:
(i) Dynamic Programming and Parameterized Expectations and/or Projection Methods
(ii) Numerical Integration and Function Approximation
(iii) Selected topics in Macroeconomics
Students are required to participate in class – both in discussions and by presenting models/material from the reading lists – as well as solve and hand in solutions to exercises and problems.
Enrollment in a PhD programme is a general requirement for participation in PhD courses at BI Norwegian Business School.
External candidates are kindly asked to attach confirmation of enrollment in a PhD programme when signing up for a course. Other candidates may be allowed to sit in on courses by approval of the course leader. Sitting in on a course does not permit registration for the course, handing in exams or gaining credits for the course. Course certificates or confirmation letters will not be issued for sitting in on courses.
|Exam category||Weight||Invigilation||Duration||Grouping||Comment exam|
Form of assessment:
Internal and external examiner
Examination when next scheduled course
|100||No||1 Month(s)||Individual||Written assignment ( individually ) consisting of a maximum of 10 pages (plus references and appendix ).|
|Form of assessment:||Written submission|
|Comment:||Written assignment ( individually ) consisting of a maximum of 10 pages (plus references and appendix ).|
|Resit:||Examination when next scheduled course|
|Workload activity||Duration||Type of duration||Comment student effort|
|Group work / Assignments||75||Hour(s)||Specified learning activities (including reading).|
|Self study||75||Hour(s)||Autonomous student learning (including exam preparation).|
|Workload activity:||Group work / Assignments|
|Comment:||Specified learning activities (including reading).|
|Workload activity:||Self study|
|Comment:||Autonomous student learning (including exam preparation).|
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 6 ECTS credits corresponds to a workload of at least 160 hours.