Economics 7344 
Macroeconomic Theory II
Spring 2006


 



Syllabus

 

Detailed syllabus for exam

 

TA is Indrit Hoxha.

 

TA  Session will be Friday 11.30-1pm  in Rm 212. Starting January 27.

 

Midterm dates--- Midterm 1: Wednesday February 22nd,    Midterm 2: POSTPONED Wednesday April 12th

FINAL date is Friday May 5th.

There will be NO CLASS on Monday May 1st --- we will have class on Wednesday May 3rd usual time (For Q and A --- see also “homework” below.)

Last year’s first midterm exam

THIS year’s first midterm exam

Last year’s final exam

 

 

FINAL date---Friday May 5th
-----------------------------------------------------------------------------------------------------------------------

Lecture Notes by John Driscoll of the Federal Reserve Board   (http://www.johncdriscoll.net)

(I recommend that you read Chapter 2  as a supplement to Romer’s Chapter 5).

Please send any comments (typos, errors, …that you may find) to John.C.Driscoll@frb.gov
 
 

Notes: Notes:
 (Some notes are recently written or re-written and may contain some errors or typos. Please let me know if you spot any.)
  Short Introduction to Time Series
   Permanent Income and Measurement Error in Consumption Functions

  The general Euler Equation and Hall's version of the PIH

  Excess Sensitivity, Rule-of-Thumb Consumers and IV estimation (corrected March 27)

  The Impact of Income "Shocks" on Consumption and ``Excess Smoothness' of Consumption"

  The Impact of Interest Rates on Consumption

  The Consumption CAPM

 



Homework

Assignment                      Due 

HW #1 

 pdf                                  1/30

HW #2

 pdf                                  2/6

HW #3

 pdf                                   2/13

HW #4

 pdf                                  we will go over in class on the 20th

HW #5

 pdf                                    3/6

HW #6

 pdf                                    3/27

 HW #7

 pdf                                    4/3 (turn it in)

HW #8

 pdf                                    we will do in class on the 12th

HW #9

 pdf                                    4/ 26

HW #10

 pdf                                    we will do in class May 3rd