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Ashoka University’s undergraduate course curriculum is taught across three semesters: Spring, Summer and Monsoon (Fall). Courses are broadly divided into three categories – Foundation Courses (core curriculum), Major & Minor Courses and Co-Curricular Courses.
You may search courses offered at Ashoka here. Please use the drop down menu to choose the specific semester and subject to see the full list of courses under each department. Foundation courses are offered in all semesters and do not have prerequisites. Offerings in other categories differ in each semester. Some higher level major/minor courses may have prerequisites.
To view Summer Semester Courses-2024: Click here
This course builds on the methods and concepts introduced in Macroeconomics I and II. The aim of this course is to learn: 1) recursive competitive equilibrium models that feature individual heterogeneity, with some coverage of firm level heterogeneity; and 2) how to numerically solve for the equilibrium of these economies. These models are helpful to analyze a wide range of questions pertaining to business cycles, income distribution, asset pricing etc. The course will start with a discussion of aggregation with heterogeneous agents. It will then consider the benchmark of complete markets and tests of the same, after which it will lay the foundations for models of incomplete markets, emphasizing the precautionary saving motive. These strands will coalesce in the canonical standard incomplete markets model of Bewley-Aiyagari-Huggett. The last set of lectures shall discuss extensions of the standard incomplete markets model, economies with heterogeneous firms, and conclude with a brief introduction to heterogeneous agent New Keynesian models.
