Spring 2017

Syllabus: pdf

Lecture Notes:

  • Preliminaries: pdf
  • Two-period consumption-saving: pdf
  • Neoclassical growth: pdf
  • Value function iteration: pdf
  • Log linearization: pdf
  • Solving linearized models: pdf
  • Using Dynare: pdf
  • Real Business Cycle model part one: pdf
  • Real Business Cycle model part two: pdf
  • Fiscal policy: pdf
  • RBC extensions: pdf
  • Wedges: pdf
  • Financial constraints: pdf
  • New Keynesian model: pdf
  • Interest rate rules and determinacy: pdf
  • Monetary policy: pdf
  • Zero lower bound: pdf
  • Wage stickiness: pdf

Problem Sets:

  • Problem Set 1: pdf
  • Problem Set 2: pdf
  • Problem Set 3: pdf
  • Problem Set 4: pdf
  • Problem Set 5: pdf
  • Problem Set 6: pdf
  • Problem Set 7: pdf
  • Problem Set 8: pdf