In this subfield, the notoriously slow Krusell–Smith algorithm that allows for aggregate uncertainty can be sped up using the endogenous gridpoints method. Computation in this subfield is facilitated by the program Dynare, which can be used to implement an overlapping generations framework. The workhorse DSGE models used in this subfield are often criticized for reliance on “representative agents.” In this subfield, a lack of deep parameters until the 1970s spurred the Lucas critique, which was a key contribution of the “freshwater school.” A pioneering model in this subfield developed by John Hicks plots a downward-sloping IS curve against (-5[1])an upwards-sloping LM curve. For 10 points, name this broad subfield of economics in which Keynesians (“CANE-zee-ins”) might advocate countercyclical government spending. ■END■ (10[3])