ECON 8861 Monetary Economics I

The course is organized into three broad parts. The first part introduces you to the growing HANK literature. The second part introduces you to a recent strand of the macrolabor literature that incorporates labor market frictions into models with aggregate shocks and heterogeneity. The final part explores how departures from the assumption that agents have full information contributes to our understanding of business cycles.

Course overview

Department
Economics
School
MCAS
Credits
3
Level
Graduate
Offered
Every Fall

Course evaluations

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

Course rating
4.74 / 5 · Excellent
23 responses
Instructor rating
4.74 / 5 · Excellent
23 responses
Terms evaluated
5
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 2026Robert Ulbricht4.75.04.74.75.05.05.05.010+ hrs/week3 of 5
Fall 2024Robert Ulbricht5.05.05.05.05.05.05.05.0—2 of 4
Spring 2024Robert Ulbricht4.74.74.94.94.95.04.94.6—7 of 8
Fall 2022Robert Ulbricht4.94.75.04.95.05.04.94.97–9 hrs/week7 of 9
Fall 2021Robert Ulbricht4.54.54.84.84.84.85.04.510+ hrs/week4 of 8

Data freshness

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

Instructors

  • Robert Ulbricht
    Spring 2027, Spring 2026, Fall 2024, Spring 2024, Fall 2022, Fall 2021 · Official rating 4.74/5

Sections

  • Section 01
    Spring 2027 · Robert Ulbricht · Maloney Hall 330 MW 10:30AM-11:45AM · Offered