ECON 3393 Computational Methods in Macroeconomics

This course examines how to construct and estimate dynamic stochastic general equilibrium (DSGE) models for comparative policy analysis, interpretingthe relative importance of key policy variables, as well as exogenous forces as key drivers of economic cycles and growth. The course will start with linear models with forward-looking expectations but will also take up nonlinear methods for understanding the zero-lower bound on interest ratesand external borrowing limits of small economies for understanding economic adjustment in times of crisis.

Course overview

Department
Economics
School
MCAS
Credits
3
Level
Undergraduate
Offered
Annually

Requirements fulfilled

Requirement eligibility can vary by school, cohort, and section. Confirm the selected section in EagleApps or with an advisor.

Course evaluations

Response-weighted averages from Boston College’s official course evaluations (Avalanche/Blue).

Course rating
4.27 / 5 · Very Good
108 responses
Instructor rating
4.44 / 5 · Very Good
108 responses
Terms evaluated
3
Most recent: Spring 2026

Scales: overall ratings run from 1 (poor) to 5 (excellent); agreement questions from 1 (strongly disagree) to 5 (strongly agree); weekly effort from 1 (up to 1 hour) to 5 (10 or more hours).

Evaluations by term and instructor
TermInstructorCourse overallInstructor overallWell organizedClear learning objectivesIntellectually challengingHelpful assignmentsApplicable beyond courseAttendance necessaryWeekly effortResponses
Spring 2026Paul D Mcnelis4.14.24.24.24.24.24.23.64–6 hrs/week46 of 50
Fall 2025Paul D Mcnelis4.54.74.74.74.64.64.64.21–3 hrs/week40 of 45
Spring 2025Paul D Mcnelis4.34.54.54.54.44.64.54.21–3 hrs/week22 of 23

Data freshness

Course and evaluation data last updated 2026-10-09. Source details and limitations are documented in Data Sources and Methodology.

Instructors

  • Paul D Mcnelis
    Spring 2027, Fall 2026, Spring 2026, Fall 2025, Spring 2025 · Official rating 4.44/5

Sections

  • Section 01
    Spring 2027 · Paul D Mcnelis · Campion Hall 236 TuTh 09:00AM-10:15AM · Offered
  • Section 01
    Fall 2026 · Paul D Mcnelis · O'Neill Library 256 TuTh 09:00AM-10:15AM · Offered