Lectures 14 and 15

2 Novembro 2020, 18:00 • Luís Costa

3.4. A prototype model: simulation and empirical validation.

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Lecture 13

28 Outubro 2020, 21:30 • Luís Costa

3.2. Intertemporal optimization.

3.3. The Ramsey model with endogenous labour supply.

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Lectures 11 and 12

26 Outubro 2020, 18:00 • Luís Costa

Previous lecture continued.

3. Real Business Cycles

3.1. Trend and business cycles: short-run stylised facts

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Seminar 04

21 Outubro 2020, 21:30 • Luís Costa

Problems on topic 1.5.

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Lectures 09 and 10

19 Outubro 2020, 18:00 • Luís Costa

2. The New Classical School

2.1. The rational expectations hypothesis

2.2. Imperfect information and the Lucas supply function

2.3. Economic policy effectiveness and the Lucas critique

2.4. Time inconsistency

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