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.

December 2022 · Pascal Michaillat


This graduate course presents various matching models of the unemployment. It uses them to study unemployment fluctuations, job rationing, unemployment gap, and labor market policies—minimum wage, payroll tax, public employment, and unemployment insurance.

March 2022 · 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

Mathematical Methods for Macroeconomics

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

October 2013 · Pascal Michaillat