PhD Macroeconomics

PhD Macroeconomics lecture notes. From a course taught by Professor Karl Whelan in Autumn 2025

1. Deterministic Dynamic Models
2. Phase Diagrams
3. Dynamic Optimisation in Continuous Time
4. Markov Chains and Non-Stationary Processes
5. Vector Autoregressions
6. More on VARs and Alternatives
7. Solving Models with Rational Expectations
8. Examples of Models with Rational Expectations
9. The Real Business Cycle Model and DSGE Modelling
10. Finite-Horizon Deterministic Dynamic Programming
11. Stochastic Dynamic Programming with Finite Horizons
12. Infinite Horizon Dynamic Programming