Economics 7344 
Macroeconomic Theory II
Spring 2013


 



Syllabus

 

TA is Mike Hsu. His office hours are Thursday 2.30-4.30 and by appointment in M207.

 

TA Session will be Friday 11am-1pm in Rm 212. 

 

NOTE: Mike will teach time series on Friday 1/18 continuing from where we got to in class.

 

NOTE: No class on April 15.

Midterm 1: February 27.  

Midterm 2: April 1.

FINAL date is April 29.

Last year’s first midterm exam

Last year’s second midterm exam

Last year’s final

Notes:

  Short Introduction to Time Series

  Note on IS-LM
   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

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

  The Impact of Interest Rates on Consumption

 The CAPM Model

 Efficient Markets

 The Consumption CAPM

 The Term Structure of Interest Rates (updated)

  Notes on Obstfeld-Rogoff Chapter 5  (last version: April 28, 2011)

  Ostergaard, Sorensen, Yosha, JPE 2002

Astrubali, Sorensen, Yosha, QJE 1996



Homework

Assignment                      Due 

HW #1 

  Pdf                                 Wed 1/23

HW #2

  Pdf                                 Mon 1/28

HW #3

  Pdf                                 Mon 2/4

HW #4                                            Pdf                                 Mon 2/11

 

 

HW #5

  Pdf                                 Mon 2/18

HW #6

   Pdf                                 Mon 3/18

HW #7

   Pdf                                 Mon 3/25

HW #8

   Pdf                                 Mon 4/8

HW #9

   Pdf                                 Wed 4/17

HW #10

   Pdf                                 Mon 4/22

HW #11