Economics 712: Macroeconomic Theory

                          Fall 2007

                      Instructor: Rody Manuelli
                      TA: Kyoung Jin Choi
    Lectures 1: T-Th 9:30-10:45 (6240 Soc. Sci.)
    Lecture 2: T-Th 11:00 - 12:15 (6240 Soc. Sci.)
    Discussion Sections: F 8:50-9:40 (6314 Soc. Sci.), F 9:55 - 10:45 (6101 Soc. Sci.)

    Administrative Details

    Instructor: Rody Manuelli
    Office: 6448A Social Science
    Phone: 263-3877
    email: manuelli@ssc.wisc.edu
    Office Hours: Monday 10:15-11:45 or by appointment.

    TA: Kyoung Jin Choi
    Office: 6443 Soccial Science
    Phone:  262-4894
    email: kchoi6@wisc.edu
    Office Hours:  Wednesday 1-2:30 or by appointment.

     

    Course Materials

    • Syllabus (pdf)
    • Notes on Discrete Time Dynamic Models (pdf)
    • Asset Pricing Notes (prepared by Chi Tat Wong) (pdf)
    • First Exam (Fall 98) (pdf)
    • First Exam (Fall 99) (pdf)
    • First Exam (Fall 00) (pdf)
    • First Exam (Fall 01) (pdf)
    • First Exam (Fall 02) (pdf)
    • First Exam (Fall 03) (pdf)
    • Second Exam (Fall 03) (pdf)
    • First Exam (Fall 04) (pdf)
    • First Exam (Fall 05) (pdf)
    • First Exam (Fall 06) (pdf)
    • First Exam (Fall 07) (pdf)
    • Problem Set # 1 (pdf)
    • Problem Set # 1 Solution (pdf)
    • Problem Set # 2 (pdf)
    • Problem Set # 2 Solution (pdf)
    • Problem Set # 3 (pdf)
    • Problem Set # 3 - Solution (pdf)
    • Problem Set # 4 (pdf)
    • Problem Set # 4 - solution (pdf)
    • Problem Set # 5 (pdf)
    • Problem Set # 5 - solution (pdf)
    • Problem Set # 6 ()
    • Problem Set # 6 - solution ()
    • Problem Set # 7 ()
    • Problem Set # 7 - solution ()
    • Problem Set # 8 ()
    • Problem Set # 8


    Important Dates

      First Half Exam : Saturday, October 20th from 9AM to 12 Noon (5231 Soc. Sci.)
      Extra Sessions:

      1. Q&A Session: Friday 9/28 @ 5 PM (6112 Soc. Sci.)

      2. Class on 9/29/07 from 9Am to 12 Noon. (6240 Soc. Sci.)

      Schedule Changes: No class on 10/12/07

    Additional Readings

    • "A Simple Proof of Ekeland and Scheinkman's Result on the Necessity of a Transversality Condition," by T. Kamihigashi, Economic Theory 15 (2000), pp: 463-468 (pdf)
    • Burnside, C., M. Eichenbaum, and S. Rebelo, "Currency Crises and Fiscal Sustainability," working paper (July, 2003) (pdf)
    • "National Debt in a Neoclassical Growth Model," Peter Diamond, American Economic Review, December 1965 (pdf)