Many homeowners had their houses foreclosed on during the recession that started in 2007. (Image courtesy of the Federal Bureau of Investigation.)
Instructor(s)
Prof. Iván Werning
Prof. George-Marios Angeletos
MIT Course Number
14.461
As Taught In
Fall 2012
Level
Graduate
Course Description
Course Features
Course Description
14.461 is an advanced course in macroeconomics that seeks to bring students to the research frontier. The course is divided into two sections. The first half is taught by Prof. Iván Werning and covers topics such as how to formulate and solve optimal problems. Students will study fiscal and monetary policy, among other issues. The second half, taught by Prof. George-Marios Angeletos, covers recent work on multiple equilibria, global games, and informational fictions.
