Macro III - Microeconomic foundations of macroeconomics
This course introduces you to questions and methods of modern dynamic macroeconomic theory. The techniques of dynamic programming developed recently allow us to solve for the equilibrium in very realistic economies that are not subject to the Lucas critique. These models are derived from the micro foundations such that all economic decisions are coming from agents optimization. Although these methods may seem hard at first, you will benefit from substantial extension of your macroeconomic toolkit.
Lecture Notes I & II