This course presents matching models of unemployment. It uses them to study unemployment fluctuations; job rationing; efficient unemployment and unemployment gap; and labor market policies such as minimum wage, public employment, and unemployment insurance.

February 2024 · Pascal Michaillat

Economic Slack

This graduate course presents various matching models of economic slack. It uses them to study business-cycle fluctuations; Keynesian, classical, and frictional unemployment; optimal monetary policy and the zero lower bound; and optimal government spending.

January 2024 · Pascal Michaillat

Business Cycles and How to Tame Them

This minicourse presents basic facts about business cycles. It then develops a matching model to explain these business-cycle facts. Finally, it explains how monetary policy and government spending should be designed to tame business cycles.

December 2023 · Pascal Michaillat

Intermediate Macroeconomics

This undergraduate course introduces macroeconomic concepts—such as GDP and inflation—and covers the IS-LM model of business cycles, matching model of unemployment, Phillips curve, Malthusian model of growth, and Solowian model of growth.

December 2018 · Pascal Michaillat

Mathematics for Macroeconomics

This graduate course covers basic mathematical methods for macroeconomics: dynamic programming, optimal control, and differential equations.

October 2013 · Pascal Michaillat