Course Detail

Financial Markets in the Macroeconomy (33948)

Course Description by Faculty

  • Guerrieri, Veronica
  • Content
    This course focuses on understanding the role of external financing, financial crises, and their effects on the real economy. First, we will discuss models of decentralized trading in financial markets, where illiquidity may be due to informational or trading frictions. Then we will focus on the macroeconomic effects of financial crises. We will focus on the effects of deleveraging of households and firms on economic activity and unemployment.
  • Prerequisites
    Completion of 1st year of PhD Program. PhD students only. BUSN 33948=ECON 33703
    • PhD - students only

  • Grades
    No provisional grades.
  • No Syllabus Available
  • Spring 2024Section: 33948-50TH 1:30PM-4:30PMHarper Center3SW - Seminar RoomIn-Person Only
Description and/or course criteria last updated: June 2 2023