Econ420 -- Fall 2010 -- Intermediate Macroeconomics
Prof. Lutz Hendricks
AnnouncementsFor those planning / buying ahead: the text will be
Intermediate Macroeconomics, by
Charles Jones. Norton. ISBN-10: 0393926389 ISBN-13: 978-0393926385.
Class meets TR 12:30PM-01:45PM GL101.
Check this web site (www.lhendricks.org) regularly
for updates.
Syllabus (still 2009 version). Math review problems. Course grades. Letter grade cutoffs: A: 85, B: 70, C: 60, D: 45.
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Schedule
Topic
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Date
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Material
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Introduction
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Aug-24
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J1, SL
(SL means "slides" - which appeared on the screen in class.) |
Measurement
|
|
J2, SL,
RQ (RQ means "review
questions". These are for your practice and not to be handed in. They
also serve as a guide to what exam questions may look like.)
"Counting
the Wealth of Nations: G.D.P.'s Accuracy Is Under Attack From All Sides,"
by Robert D. Hershey, Jr. [Discusses shortcomings of GDP. Does GDP
overstate or understate welfare?] |
Economic Growth
|
-- |
-- |
| Growth facts |
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J3, SL, RQ |
| A model of production |
|
J4, SL, RQ |
| Solow model |
|
J5, SL, RQ |
|
Exam 1
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Previous exams: Fall 2009, Spring 2010. Notes on exam 1.
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| Ideas |
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J6, SL |
| Romer model |
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J6, SL, RQ |
Labor markets
|
-- |
-- |
| Long-run analysis of the
labor market |
|
J7, SL, RQ
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|
Applications |
|
J7, SL |
Inflation
|
|
J8, SL, RQ
McCandless, George T.; Warren E. Weber (1995). "Some
monetary facts." Federal Reserve Bank of Minneapolis Quarterly
Review 19(3): 2-11. [Money really is neutral in the long run.] |
Short run
|
|
J9, SL |
| IS curve |
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J10, SL, RQ |
| Exam 2 |
|
Previous exams: Fall 2009, Spring 2010. Notes on exam 2.
|
| Short run model with fixed
interest rate |
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J11, SL, RQ |
| AS/AD model |
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J12, SL, RQ |
Applications
|
-- |
-- |
| Fiscal policy |
|
J13, SL, RQ
Economic Report of the President, 2009, chapter 5.
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| International trade |
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J14, SL,
RQ |
| International finance |
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J15, SL,
RQ
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| The current crisis |
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Jones, "The
Global Financial Crisis of 2007-20??" |
| Last class |
Dec-8
|
We will spend part of the class going over any questions you may have in preparation for the final exam.
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| Final exam |
Dec-14
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Noon, regular class room. Notes on the final exam. Note: The exam lasts 75 minutes, just like the previous exams.
Previous exams: Fall 2009, Spring 2010.
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Legend: "J1" means Jones, Macroeconomics, ch. 1.
SL: slides. RQ: review questions (not to be handed in).
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