Part I - Growth Theory and Empirics: An International Perspective

1. Introduction: Basic facts about economic growth and cross-country income differences
2. The Solow growth model
3. Micro-foundations of macro-models and dynamic optimization
4. The Neoclassical growth model and applications
5. Growth with overlapping generations
6. Endogenous technological change
7. Economic growth in the global economy
8. Explaining cross-country income differences: from proximate to fundamental causes

Part II - Business Cycles in The Global Economy: Facts and Theory

1. Introduction: Basic facts about business cycles and economic fluctuations
2. The Real Business Cycle (RBC) model
3. Consumption under uncertainty and the consumption Capital Asset Pricing Model (CAPM)
4. Monetary policy in the Real Business Cycle model
5. The New-Keynesian (NK) model
6. Monetary policy in the NK model: rules versus discretion, unconventional monetary policy
7. Elements of international macroeconomics
8. Topics: inequality and heterogeneity in macroeconomics; the financial crisis and the pandemic