Advanced Macroeconomics II (first half)

Spring 2012 (3d term 2011/12)

Syllabus (with links to the readings)

The second half of this course (from May 14 onwards) is taught by Jordi Gali and will follow his book.

Office hours:

Tuesday afternoon, by email appointment (tvanrens@crei.cat).

Problem sets:

Problem set 1 – posted: Tue April 10, due: Mon April 16 at 9am

Problem set 2 - posted: Tue April 17, due: Tue April 24 at 9am

Problem set 3 – posted: Fri April 27, due: Fri May 4 at 11am

Problem set 4 – posted: Tue May 8, due: Mon May 14 at 9am

Supplementary lecture notes:

Slides on business cycles: data and facts

Dynare codes for solving the RBC model in Matlab

Midterm:

The midterm will take place on Thursday May 17 from 11 to 13:00h in room 20.049.

Last year’s exam

Background reading:

Paul Krugman on Economics in the Crisis

Robert Solow, Sidney Winter, Scott Page, David Colander and V.V. Chari on Building a Science of Economics for the Real World

Olivier Blanchard on The State of Macro

Paul Krugman. How Did Economists Get It So Wrong? NY Times Magazine, September 6, 2009

Letters replying to the article

Mulligan, Casey B. (2009). Is Macroeconomics Off Track?, The Economists' Voice: Vol. 6 : Iss. 10, Article 6

Da Silva, Sergio (2010). Comment on Casey Mulligan: Keynes in Both Fresh and Salt Water, The Economists' Voice: Vol. 7 : Iss. 2, Article 1

Barbera, Robert J. (2010). If It Were a Fight, They Would Have Stopped It in December of 2008, The Economists' Voice: Vol. 7 : Iss. 2, Article 3

Mulligan, Casey B. (2010). Comment on Barbera: Your Gift Will Make You Rich, The Economists' Voice: Vol. 7 : Iss. 2, Article 4