Core Curriculum
(1) Macroeconomics I:
This is the first course in the unified master-doctoral macroeconomics sequence. The course will present an overview of the concepts and tools applied in all branches of modern macroeconomics. The topics stress on consumption and investment, money and inflation, economic growth, business cycles, and asset pricing. A set of models presented in the course includes the Ramsey growth model, the recursive dynamic programming model, and the overlapping generations model, with or without money.
Text book:
A. Blanchard, O. and Fischer, S. 1989. Lectures on Macroeconomics. Cambridge: MIT Press.
B. Romer, D. 1996. Advanced Macroeconomics. McGraw-Hill Companies, Inc.
C. Azariadis, C. 1993. Intertemporal Macroeconomics, Cambridge, Mass.: Blackwell.
Possible instructors: Guan Gong, Xiaodong Huang,Yi Wen, Danyang Xie, Tao Zhu
(2) Macroeconomics II:
This course is an extension of Macroeconomics I. It will present stochastic growth model, search and matching model, and incomplete market models with multiple equilibrium and indeterminacy. The methods presented in the course include calibration and simulation.
Text book:
A. Barro, R. and Sala-i-Martin, X. 1995. Economic Growth, McGraw-Hill.
B. Ljungqvist, L. and T. Sargent. 2000. Recursive Macroeconomic Theory. Cambridge: MIT Press.
Possible instructors: Guan Gong, Shaoyong Shi, Yi Wen, Danyang Xie, Tao Zhu.
(3) Macroeconomics III:
This is the advanced course in the unified master-doctoral macroeconomics sequence. The focus is on the monetary and fiscal policy issues. The topics include money and aggregate fluctuations, government debt, dynamic inconsistency, optimal tax with or without commitment, and social insurance.
Text book:
A. Stokey, N. and R. Lucas with E. Prescott. 1989. Recursive Methods in Economic Dynamics. Cambridge: Harvard University Press.
B. Ljungqvist, L. and T. Sargent. 2000. Recursive Macroeconomic Theory. Cambridge: MIT Press.
Possible instructors: Guan Gong, Xiaodong Huang, Shaoyong Shi, Cheng Wang, Yi Wen
This curriculum is pretty much similar to the one adopted at the top departments at US. Textbooks for each course have been suggested. A large amount of papers should be used to supplement the textbooks. In order for student to have a good sense of the overall economy in the real world, both macro theory and applied empirical macro should be emphasized so as to guide the students to establish connections between frontier macro models and the macroeconomic reality in China.
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在上面的教师名单中，只看到Cheng Wang（王 诚），没看到CHEN WANG。 华人宏观经济学里，也没有听说过有个CHEN WANG。
王 诚 主页：
http://www.econ.iastate.edu/people/faculty/facWebPage.asp?page=gen&fac=292
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