Macroeconomics -


Oct 28, 2013 (4 years and 6 months ago)


TRAN Thi Anh­Dao 
CREAM (University of Rouen) and Institute of Research for Development (IRD) 

The subject matter of this course consists of macroeconomics both in closed and opened
economies. The first chapter reviews the Keynesian model with flexible prices and then
addresses the Phillips’s curve. Then the second part of our presentation is concerned with
open macroeconomics. We stress concepts of balance of payments and macroeconomics
issues raised by the problems of economic interaction between sovereign states. After
reviewing the Mundell-Fleming model, a third chapter will consist in developing the model of
Balance of Payments (BoP) constrained growth that is an alternative to standard neoclassical
growth theories