Macroeconomic Modeling

Mario Solis-Garcia is Professor of Economics at Macalester College in Saint Paul, Minnesota, where he teaches courses in macroeconomics. He holds a Ph.D. in Economics from the University of Minnesota and an MA in Economics from El Colegio de Mexico. Professor Solis-Garcia worked for the Mexican government in the Secretariat of Trade and Industry, the Secretariat of the Economy, and the Secretariat of the Treasury and Public Credit. He has authored several academic publications that center around computational macroeconomics and the pedagogy of teaching macroeconomics at the undergraduate level.

1. Macroeconomic variable co-movements; Part I. Equilibrium Theory: 2. A one-period GE model; 3. A multi-period GE model; 4. The social planner problem; Part II. Solution Methods: 5. Steady states and finite horizons; 6. Adding randomness to the model; 7. Linear systems; 8. Dynare; 9. Parametrization I: calibration; Part III. Real Frictions: 10. The canonical real business cycle model; 11. Habit persistence and preference shocks; 12. Investment adjustment costs and variable capacity utilization; 13. Fiscal policy; Part IV. Nominal Frictions: 14. The canonical new Keynesian model; 15. The log-linearized new Keynesian model; Part V. Macroeconometrics: 16. Parametrization II: Bayesian estimation; Appendices.