Mankiw's introduction to DSGE

2009-04-06 · Original WordPress address

I genuinely want to know if this does anything for anyone. Does understanding the basics of DSGE help you understand the economy better (vs. the traditional AD/AS model or vs. whatever theory you have floating in your head)? Does it help you understand the current recession better? Seriously, what do you think? I'm teaching intermediate macro out of Mankiw's book this summer and I'm wondering if this chapter is worth it or not.