26 August 2016
Tools for Macroeconomists: Advanced Tools
This graduate-level course teaches state-of-the-art techniques to solve and analyse advanced models. In particular, models with heterogeneous agents, continuous-time models, and also models in which the economy can be at the zero lower bound for the policy rate. The course also teaches advanced time-series techniques such as Bayesian VARs with constant and time-varying parameters.
In addition to teaching techniques, the course also focuses on practical problems that researchers run into when using these methods.
Professor Wouter den Haan
Dr Pontus Rendahl
The course is aimed at PhD students and academics.
This course will provide students with:
a chance to learn a solid set of advanced tools to analyse non-trivial modern macroeconomic models
a better understanding of models with heterogeneous agents
an understanding of VARs and in particular VARS with time-varying coefficients.
Students who wish to receive credit for their course will need to contact either their Study Abroad Office or the office in their university that deals with external credit. It is up to students' home institutions as to how much credit is awarded but the Methods Programme Office is happy to provide any necessary information to your registry or academic advisor, to help them evaluate the courses.
GBP 725: Student rate - available to current university (including PhD) students.
Academic staff and staff of UK charities are eligible for a reduced rate of £1,500.
GBP 2300: Standard rate
Current PhD students are also eligible for a £150 ESRC scholarship.