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Econ 302: Intermediate Macroeconomics

Current Semester: Spring 2011

Section 01:
Meets T R from 12:30pm - 1:45pm in HH1301

Click here for the Syllabus

This course is an intermediate level course in macroeconomic theory and in its application. We will examine the modern market economy with a view towards trying to understand fluctuations in national income, output, employment, prices and exchange rates and the implication of such changes for business decisions. We will examine the goods, financial, and labor markets, and the role of government and the Federal Reserve in maintaining a strong and vibrant economy. In doing so, we will analyze the effects of monetary policy, fiscal policies, and other macroeconomic events on economic activity. We will also focus on the determinants of economic growth, namely, capital accumulation and technological progress.

Blanchard book image    Mankiw book image

 

Aplia Logo Intermediate Macroeconomics, ECON 302-01, Spring 2011
Professor Yamin S Ahmad

 

ECON 302-01 meets T R in HH1301 at 12:30pm

Your course key is: 8PXU-WN8B-K3RC

Course Fee: $40.00 USD.

Problem Sets for individuals will be posted on Aplia. Click here to go to Aplia if you have registered already. Instructions for registering are below.

To get started, please do the following:

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Registration Instructions
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3.  Return to http://www.aplia.com .
•  If you have never used Aplia before, click the New Student button and continue following the instructions to complete your registration.
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4.  During registration, enter your course key:8PXU-WN8B-K3RC
4.  If you understand your payment options, pay now. Otherwise, postpone your purchase decision by choosing the option to pay later. Your payment grace period ends at the end of the day on 02/07/2011.


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Lectures

Note:  These lecture notes are not meant as a substitute for your own class notes.  Rather, they are meant to assist you in taking class notes.  In no cases are they complete representations of the course material, and in most cases, they will not be comprehensible without having attended class.

Files can be viewed with Adobe Acrobat Viewer Adobe Reader(click here to download)

 

Course Schedule
Week Subject
Lecture Notes
Readings: (B - Blanchard; M - Mankiw)
Powerpoint
version
pdf version
1
Introduction
National Income and Product Accounts

B: Skim chapters 1 - 2
M: Skim chapter 1-2, 9.1-9.2

2 Review of Mathematical Concepts
Business Cycle Facts
Lecture 2 Lecture 2.pdf Math Review Notes
Calculus and Stats Review Notes
3 Introduction to Aggregate Demand-Aggregate Supply Lecture 3 Lecture 3.pdf B: 3, 4.1-4.2
M: 3.3-3.4, 9.3 - 10.1
4 The Keynesian/Aggegate Expenditures Model Lecture 4 Lecture 4.pdf
5 Goods Market Equilibrium - the IS Curve; Money Market Equilibrium - the LM Curve Lecture 5 Lecture 5.pdf B:5, 7
M: 10
6 Effects of Policy Actions in IS-LM Framework; Deriving Aggregate Demand Lecture 6 Lecture 6.pdf B: 5,7
M: 11
7

The Labor Market; Theories of Aggregate Supply

Lecture 7 Lecture 7.pdf B: 7
M: 13.1
8 The Phillips Curve; Expectations; Policy Ineffectiveness Proposition; Menu Costs and Coordination Failure Lecture 8 Lecture 8.pdf B: 8 ,9
M: 13.2 - 13.3
9 Stabilization Policy; Barro Gordon Model Lecture 9 Lecture 9.pdf M: 15
10 The Small Open Economy Lecture 10 Lecture 10.pdf B: 18, 19
M: 5
11 The Mundell-Fleming Model Lecture 11 Lecture 11.pdf B: 19, 20
M: 12
  Advanced Topics      
11 Microfoundations of Consumption; Ricardian Equivalence Lecture 12 Lecture 12.pdf B: 16-1
M: 17
12        
13 National Income in the Long Run Lecture 13 Lecture 13.pdf B: 10
M: 3
  Economic Growth: The Solow Growth Model I Lecture 14 Lecture 14.pdf B: 11, 12
M: 7
14 Economic Growth: Solow Growth Model II Lecture 15 Lecture 15.pdf M:8
15 Endogenous Growth Theory Lecture 16 Lecture 16.pdf B: 13
M: 8

 

Groups

Groups

Here are the group assignments along with presentations (when you decide on them).

Group 1

TBA

Group 2

TBA

Group 3

TBA

Group 4

TBA

Group 5

TBA

Group 6

TBA

Group 7

TBA

Group 8

TBA

Group 9

TBA

Group 10

TBA

Group 11

TBA

Group 12

TBA

Group 13

TBA

   

Practice Problem Sets

The problem sets here are to be turned in on the dates shown. Please contact me if you have any questions.

Files can be viewed with Adobe Acrobat Viewer Adobe Reader Logo(click here to download)

Problem Set
Solution
Questions to be turned in
Due Date
Problem Set 1
To do this problem set, you will need data on the UK. Click here to access dataset.
Problem Set 1 Solution
Excel spreadsheet with solutions
 

Problem Set 2 Problem Set 2 Solutions  
Problem Set 3 Problem Set 3 Solutions  
Problem Set 4 Problem Set 4 Solutions  
Problem Set 5 Problem Set 5 Solutions  

Exams

This is where you will find exams and answer keys after you have taken them.

 

Exams This Semester

Exams and their solutions will be posted here after you have taken them.

Midterm Exam       (Due date: TBA)

Midterm Exam Solutions

Final Exam             Final Exam Solutions     (Due date: TBA).

(For the exam above, if you answer question 5, you may find the presentation slides by Dr. James Murray useful)

Sample Exams and Past Exams

 

Semester
Midterm
Final
Past Exams
Spring 2010
Midterm
Final Exam
 
Midterm Solutions
Solutions
Actual Exam
Midterm Exam
Final Exam
Midterm Exam Solutions
Final Exam Solutions