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Lecture
Are you an EPFL student looking for a semester project?
Work with us on data science and visualisation projects, and deploy your project as an app on top of Graph Search.
This lecture covers the optimization problem of a representative consumer maximizing lifetime utility through consumption and work choices, the role of monetary policy in the New Keynesian model, and the impact of price flexibility on firm decisions. It also discusses the Taylor rule, the Swiss National Bank's monetary policy, and the effects of monetary policy shocks on the economy.