Economics 7344 
Macroeconomic Theory II
Spring 2007


 



Syllabus

 

Detailed syllabus for exam

 

TA is Hong Li. Her office hours are Thursday 1-3pm in room 207.

 

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

 

NOTE: No class Wednesday April 11, we will use the TA time Friday April 13 for make-up class

Midterm dates--- Midterm 1: Monday February 26th,    Midterm 2: Monday April 2nd.

FINAL date is Thursday May 3rd. FINAL IS AT 11.30 in ROOM M106 (you should count on 2 hours).

Review session Tuesday 1pm in room 212.

Last year’s first midterm exam

Last year’s second midterm exam

Last year’s final

Spring 2005 second midterm exam

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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:

 (Some notes are recently written or re-written and may contain some errors or typos. Please let me know if you spot any.)
  NEW: Guide to Romer Chapter 5.

  Short Introduction to Time Series
   Permanent Income and Measurement Error in Consumption Functions (slightly revised 2/28)

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

  Excess Sensitivity, Rule-of-Thumb Consumers and IV estimation

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

  The Impact of Interest Rates on Consumption

  The Consumption CAPM

 

  Ostergaard, Sorensen, Yosha, JPE 2002



Homework

Assignment                      Due 

HW #1 

 pdf                                  1/29

HW #2

 pdf                                   2/5

HW #3

 pdf                                   2/14

HW #4

 pdf                                    2/21

HW #5

 pdf                                    3/7

HW #6

 pdf                                    3/21

HW #7

 pdf                                    3/28

HW #8

 pdf                                    4/16

HW #9

 pdf                                    4/23

HW #10