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Econ 736: Business Conditions Analysis

Current Semester: Fall 2008

Section 01:
Meets M W from 12:05pm - 1:45pm in C1009
September 2nd - October 24th

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.

Blanchard book image    Mankiw book image

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)

If you prefer to have the Powerpoint presentations, click here

 

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

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

  Review of Mathematical Concepts
Business Cycle Facts
Lecture 2.pdf Math Review Notes
2 Introduction to Aggregate Demand-Aggregate Supply Lecture 3.pdf B: 3, 4.1-4.2, 5, 7.2
M: 3.3-3.4, 9.3 - 10.1
3 The Keynesian/Aggegate Expenditures Model
4 Goods Market Equilibrium - the IS Curve; Money Market Equilibrium - the LM Curve Lecture 4.pdf B:5, 7
M: 10
5 Aggregate Demand Lecture 5.pdf B: 5,7
M: 11
6 Aggregate Supply and Short Run Equilibrium Lecture 6.pdf B: 7
M: 13 (incl. Appendix)
  The Phillips Curve B: 8 ,9
7 The Small Open Economy Lecture 7.pdf B: 18, 19
M: 5
8 The Mundell-Fleming Model Lecture 8.pdf B: 19, 20
M: 12

 

Problem Sets

The problem sets here are from the study guide and for you to practice on and work through. They represent the most basic pieces of information you need to know on each of the topics. You should work through them prior to (in preparation for) the quizzes.

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

Problem Set
Solution
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

 

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       Midterm Exam Solutions

Final Exam             Final Exam Solutions

Sample Exams and Past Exams

 

Semester
Midterm
Final
Sample
Actual Exam
Solutions