Economics 7344 
Macroeconomic Theory II
Spring 2016


 



Syllabus

 

TA is Saumya Rana.  Her office hours are Thursday 1pm-2pm.

 

TA Session will be Friday 9.30 am-11am in Rm 212. 

 

NOTE: Saumya may be arriving a few weeks into the semester.  THERE WILL BE A REGULAR CLASS FRIDAY JANUARY 22ND 9.30-11. No session Friday January 29th.

Extra class Monday Feb 15, 3.30-5pm (you will have a class off later, so we have the normal number of hours).

 

NOTE: We will not have classes on March 28th and March 30th (I will teach econometrics). Saumya will answer questions on previous midterms etc. on Friday April 1. (I previously announced that we will not have class on April 6th but that is no longer true. There WILL be a class on April 6th.

 

Midterm 1: Monday February 29th in class.

Midterm 2: Monday April 4th in class.

FINAL: Monday May 2nd in class.

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

Note on Market Spanning

 

 



Homework

Assignment                      Due 

HW #1 

Homework 1                   Wed 2/3

HW #2

Homework 2                   Wed 2/10

HW #3

Homework 3                   Wed 2/17

HW#4                                            Homework 4                   Wed 2/24 

 

 

HW #5

Homework 5                   Wed 3/9

HW #6

Homework 6                   Wed 3/23

HW #7

Homework 7                   Wed 3/28

HW #8

Homework 8                   Wed 4/13

HW #9

Homework 9                   Wed 4/20

HW #10

Homework 10                  Wed 4/27