Instructor: Lukasz Drozd

Office Hours: Thursday 10-12am in SOC SCI 7426

Lectures: Mon/Wed 1:20PM - 2:10PM in SOC SCI 6210

Final Exam: 5/14/08 7:45am - 9:45am 125 AGR HALL

Make-Up Final Exam: 5/16/08 10:00am - 12:00pm 14 Ingraham (for eligible students only)

Syllabus, Contact Your TA

Announcements:

Reading assignment for midterm II (Wed, 3/12):

1. Chapter 6, Chapter 7 (except fiscal policy: p.184-189)
2. Lecture 6-8, Lecture 9-10, Lecture 10-11
3. Parts of Chapter 8 that relate to the Classical Model*

*The test won't ask about any of the material from Chapter 8
that is not discussed in the lecture notes.

Reading assignment for midterm III (Wed, 4/23):

1. Refresh Classical Model -- and read about fiscal policy at the end of Chapter 7, page 184
2. Chapter 9 (read once -- very few questions are from this chapter)
2. Chapter 11
3. Chapter 12 up to page 325
4. All lecture notes starting from Lecture 13

Lecture Notes:

Lecture 1-2 (What is Macroeconomics All About?)
Lecture 3-4 (Macroeconomic Measurement I: GDP)
Lecture 4-5 (Macroeconomic Measurement II: Unemployment)
Lecture 6-8 (Macroeconomic Measurement III: Price Level and Inflation)
Lecture 9-10 (The Classical Long-Run Model)
Lecture 10-11 (Economic Growth in The Classical Model)
Lecture 13 (Fiscal Policy in The Classical Model) (ANNEX)
Lecture 14-16 (Money Supply and the Banking System)
Lecture 17-19 (Money Demand and Money Market Equilibrium)
Lecture 20 (Business Cycle Fluctuations)
Lecture 21 (Keynesian Model I)
Lecture 22 (Keynesian Model II)
Lecture 23 (AD-AS Model)

Lecture 1-2 Outline
Lecture 3-4 Outline
Lecture 4-5 Outline
Lecture 6-8 Outline
Lecture 9-10 Outline
Lecture 10-11 Outline
Lecture 13 Outline
Lecture 14-16 Outline
Lecture 17-19 Outline
Lecture 21 Outline
Lecture 22 Outline
Lecture 23 Outline

Homework Assignments:

Homework 1 (Answer Key)
Homework 2 (Answer Key)
Homework 3 (Answer Key)
Homework 4 (Answer Key)
Homework 5 (Answer Key)
Homework 6 (Answer Key)
Homework 7 (Answer Key)
Homework 8 (Answer Key) NEW

An example similar to Problem 5 in HW 2: Example

Sample Exam Questions:

Sample practice questions for midterm 1
Sample practice questions for midterm 2
Sample practice questions for midterm 3
NO SAMPLE QUESTIONS FOR THE FINAL WILL BE POSTED
PLEASE REVIEW TIPS AT THE END OF LEC 23
FINAL WILL PUT SLIGHTLY MORE EMPHASIS ON NEW MATERIAL
WORK THROUGH THE LAST HOMEWORK VERY CAREFULLY!

Interpret Your Exam Score:

Distribution of scores from midterm 1
Distribution of scores from midterm 2  
Distribution of scores from midterm 3 (comments)
Midterm 1 answer key
Midterm 2 answer key  
Midterm 3 answer key

Outside Readings:

Nobel Prize Winner Robert Lucas Talks About Industrial Revolution
BEA Publication: Measuring the Economy -- A Primer on GDP and NIPA
Hyperinflation in Germany, 1923
US Business Cycle Expansions and Contractions
Watch E.C Prescott Nobel Prize lecture online

Updated: 5/11/2008

 

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