Ideas

Harvard Account Sign In

Sign in with your HarvardKey to access my.Harvard Student, Teaching/Advising, Delegate, Harvard Chan, Admissions, and Admin.

Brown, MGH, & Tufts Students

Register for access to participate in Harvard cross-registration.

  1. Course Search
  2. API 120

Advanced Macroeconomics for the Open Economy II
API 120

Course Information

Description

This course is the second in the two-course sequence on macroeconomic policy in the MPA/ID program.  Topics covered in the first half of the course include international financial integration, exchange rate models, speculative attacks, the carry trade, portfolio choice, currency risk, default risk, Debt Sustainability Analysis, and crises in Emerging Markets.  The second half of the course uses tools of dynamic optimization.  Topics covered include, among others, the Solow and Ramsey models of long-term growth, endogenous growth theory, Over-Lapping Generations models, Real Business Cycles, search theory, New Keynesian models, and Dynamic Stochastic General Equilibrium models.   

Course Notes

API-119 is a prerequisite. This course is open to qualified non-MPA/ID students only by permission of the instructor. May not be taken for credit with API-121 unless API-120 is taken after API-121.

School Harvard Kennedy School
Credits 4
Cross Reg

Not Available for Cross Registration

Department HKS Government
Course Component Lecture
Instruction Mode In Person
Grading Basis HKS Letter Graded
Course Requirements Prerequisite: MPAID students only
Academic Areas International Development