KECD 2230 - MACROECONOMICS 2 : Economic Fluctuations

KECD 2230 · Spring semester 2026-2027

Language of tuition
English
Course type
Cours magistral
Number of hours
48
Credits
8

Information

Description

The objective of the course is to introduce students to business cycle theory, monetary policy, and fiscal policy at the level of the research master.

Outline :

1- Business Cycle Facts.

2- Real Business Cycle Theory.

3- New Keynesian Theory.

4- Monetary policy.

5- Fiscal policy.

Assessment

Grades are based on :

  • a group presentation (33%),
  • multiple problem sets 33%
  • a final exam 33%

Readings

Main readings 3

  1. 1. Gali, Jordi (2015). Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework, Princeton University Press.

    Borrow

  2. 2. King, Robert, and Sergio Rebelo (2000). “Resuscitating Real Business Cycles,” in: Handbook of Macroeconomics, edited by J.B. Taylor and M. Woodford, North Holland, Volume 1b.

  3. 3. Stock, James, and Mark Watson (1999). “Business Cycle Fluctuations in U.S. Macroeconomic Time Series,” in: Handbook of Macroeconomics, edited by J.B. Taylor and M. Woodford, North Holland, Volume 1a.

Teaching units

Unit no.Unit type Teaching unitsTeachers Number of hoursCredits
52309Cours magistral MACROECONOMICS 2 : Economic Fluctuations Jeanne COMMAULT248
52310Conférence MACROECONOMICS 2 : Economic Fluctuations Gustavo GARCIA BERNAL240

Teachers

  • Jeanne COMMAULT
  • Gustavo GARCIA BERNAL

In the curricula

Contacts and resources

Contact
NEZLIOUI-SERRAZ Hadjila