Office hours for this class are Wednesdays 8:00 AM to 12:00 PM, or by appointment.
A second edition of the book is now available. You may still use the first edition without much loss. The study guide is not available online anymore, but you may find a copy from previous students. The second edition has some added material that is covered by supplementary material that you can download in the schedule below.
We will not cover every chapter of the textbook, and I will cover some material not covered in the textbook. Supplementary material along with links to more on certain topics on the web are provided below.
And to help you follow the class, the list of symbols used.
|Textbook pages||Recommended Exercices|
|Date||Topic||Ed. 1||Ed. 2||Ed. 1||Ed .2|
|1||30 Aug||Course Introduction|
|2||1 Sep||Macroeconomic measurement I||39-63||37-56||C2: S1-6, S8-9, S12, G1-2||C2:S1-4, S6-9, S12-14, G1-2|
|3||6 Sep||Dealing with business cycle data||65-75, notes 1-11||63-74, notes 1-11|
|4||8 Sep||Business cycle facts I||75-83, notes 12-21||74-84, notes 12-21||C3: S1-3||C3: S1-3|
|5||13 Sep||Quiz 1, Business cycles facts II, Data problem handed out||notes 12-21||notes 12-21|
|6||15 Sep||Household decisions I||89-103||91-104||C4: S1-2, G1-2, G6||C4: S1-2, G1-2, G6|
|20 Sep||No class|
|7||22 Sep||Household decisions II, Firm decisions I||103-120||104-120||C4: S3, G3-4||C4: S3, G3-4|
|8||27 Sep||Quiz 2, Firm decisions I, A first macroeconomic model: statics I||120-126, 131-134||120-126, 133-136||C4: S5, G5||C4: S5, G5. G7-8|
|9||29 Sep||Data problem due, Review session|
|10||4 Oct||Mid-term I||Material: all until class 8||Material: all until class 8|
|11||6 Oct||A first macroeconomic model: statics II||134-149||136-151||C5: S2-5, S7, S10-12, G3||C5: S2-5, S7, S10-13, G3|
|12||11 Oct||Bringing some dynamics: consumption and savings||165-192||235-265||C6: S1-2, S4-6, G1, G3||C8: S1-2, S4-6, G1, G4|
|13||13 Oct||Quiz 3, Bringing some dynamics: Ricardian equivalence||192-204||265-274||C6: S8-9, G4||C8: S8-9, G6|
|14||18 Oct||Bringing some dynamics: investment and interest rates||215-235||293-314|
|15||20 Oct||No class|
|16||25 Oct||Quiz 4, Bringing some dynamics: market equilibrium I||235-249||314-327||C7: S1-4, G1||C9: S1-4, G1|
|17||27 Oct||Bringing some dynamics: policy; Growth introduction||249-259||327-338||C7: S7-9, G2||C9: S8-10, G2|
|18||1 Nov||Growth: the Maltusian model||notes 1-8||174-185||C6: S10-14, G3|
|19||3 Nov||Growth: modern stylized facts||notes 8-12||168-174, notes 8-12||C6: S1|
|20||8 Nov||Growth: Growth accounting, the Solow model||265-280||185-191, 200-205||C8: S3-7||C6: S3-7|
|9 Nov||Review session, Monteith 311, 2pm|
|21||10 Nov||Mid-term II||Material: classes 11-19||Material: classes 11-19|
|22||15 Nov||Growth: Solow revisited, Golden Rules||280-297||191-200, 214-219||C8: G1-2||C6: S15, S17, S20-21, G1-2|
|23||17 Nov||Engogenous growth: a survey||297-309||220-231||C8: S9-10||C7: S5-9, S12-13|
|24||29 Nov||Quiz 5, Money: what it is||317-323, 513-520||349-354, 536-542||C9: S1, C14: S1-4||C10: S1, C15: S1-4|
|25||1 Dec||Money: what it does I, Extra-credit problem handed out, Teacher evaluation||323-339||354-363||C9: G1, S2-4||C10: G1, S2-3|
|26||6 Dec||Money: what it does II||339-343, 352-357||363-373||C9: S5-6||C10:S4|
|27||8 Dec||Quiz 6, Extra-credit problem due, Money: what it does III||343-363||543-550, 375-378||C9: S7-8||C10: S5-6|
|14 Dec, 10:00||Review session, Monteith 311|
|15 Dec, 10:30||Final exam||Material: all of the above with strong emphasis on classes 22-27||Material: all of the above with strong emphasis on classes 22-27|
15/30% means that the lowest of the mid-terms and final will count for 15%, the two others for 30%. A 5% extra-credit project will also be offered towards the end of the term. A word about grades. When I grade, the average is usually around 60%. This allows me to reward better those who do well. Do not be too alarmed when you get a grade that is lower than those you get in other classes. But if it is really low, you should do something about it...
There are past exams available on the Spring 2003 page, the Fall 2003 page, the Spring 2004 page and the Fall 2004 page. More are on the Fall 2002 page, but this class followed somewhat different schedule and/or material. If I encourage you to do particular exercices, keep in mind that I may ask similar questions.