Semester | Mand. | Option | Filières |
H | x | ||
MA1, MA3 | x |
Lecture | 2 weekly |
Exercises | 1.5 weekly |
Study plan | Semester | Mand. | Option | Filières |
Ingénierie financière 2019-20 | MA1 | x | ||
Ingénierie financière 2019-20 | MA3 | x | ||
Mineur : Ingénierie financière 2019-20 | H | x |
Cursus | Sem. | Type |
---|---|---|
Financial engineering minor | H | Opt. |
Financial engineering | MA1, MA3 | Obl. |
1. Consumption and Savings
2. Asset Pricing and the Macroeconomy
3. Monetary Policy and Fiscal Policy
4. Models with Financial Intermediaries
5. Models with Housing
Macroeconomics, Financial Economics, General Equilibrium.
Lectures will take place on Wednesday, 9:15 to 12:00. Lectures will focus on how to develop a macroeconomic model that integrates financial markets. Lectures will first present the theory and then discuss the empirical relevance and applications.
Exercises will take place on Monday, 13:15 to 15:00. Students must bring their own laptop to exercise sessions. Exercise time will focus on solving the problem sets, doing exercises related to class material, and carrying out applications of what you learned in class. Students will be divided in groups and given a project that must be returned in the last week of class.
Problem sets will be given out on a Wednesday and need to be returned to the instructor at the beginning of class the following Wednesday. The solution to the problem set will be posted on the class web page. Late problem sets are not accepted.
Each student must turn in his/her problem set.
Problem sets will range from analytical derivation of results to data analysis and testing, and to coding a simple macroeconomic model to calculate its steady state and to analyze its dynamic response to a macroeconomic shock. Coding will be done in Matlab.
The problem sets are extremely important as they are the best way for the student to learn the material and do well in the exams.
30% Problem sets
30% Midterm Exam
40% Final Exam
Main textbook:
Foundations of International Macroeconomics by Maurice Obstfeld and Kenneth Rogoff, The MIT Press, 1996.
Other
Advanced Macreonomics by David Romer, The McGraw-Hill Companies, 1996.
Recursive Macroeconomic Theory by Lars Ljungqvist and Thomas J. Sargent, The MIT Press, 2nd edition, 2004
A full set of course notes will be posted on the class web page after class. Notice that the course material is password restricted.
obligatoire
obligatoire
Cours
Lecture
Heure(s) hebdo x 14 semaines
Hour(s) per week x 14 weeks
H hebdo
H hebdo
Exercices
Exercises
Heure(s) hebdo x 14 semaines
Hour(s) per week x 14 weeks
H hebdo
H hebdo
Ecrit
Written
Session hiver
Session winter
HIV
HIV
obligatoire
obligatoire
Cours
Lecture
Heure(s) hebdo x 14 semaines
Hour(s) per week x 14 weeks
H hebdo
H hebdo
Exercices
Exercises
Heure(s) hebdo x 14 semaines
Hour(s) per week x 14 weeks
H hebdo
H hebdo
Ecrit
Written
Session hiver
Session winter
HIV
HIV
optionnel
optionnel
Cours
Lecture
Heure(s) hebdo x 14 semaines
Hour(s) per week x 14 weeks
H hebdo
H hebdo
Exercices
Exercises
Heure(s) hebdo x 14 semaines
Hour(s) per week x 14 weeks
H hebdo
H hebdo
Ecrit
Written
Session hiver
Session winter
HIV
HIV
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