Economics 442: Macroeconomic Policy

This site provides resources for students in Economics 442 at the University of Wisconsin, Madison for Spring 2015 Semester

Source:BEA, 2014Q3 final release, CBO, January 2014, author's calculations.

Syllabus | Academic Misconduct | Important Dates | Downloadable Course Materials and Information Sources | Department of Economics Robert M. LaFollette School of Public Affairs |

LECTURE: MW 4-5:15, SocSci 6240

Professor Menzie Chinn
Office Hours: MW 1:30-2:30
Office: 7418 Social Sciences Bldg.
Phone: (608) 262-7397
email: mchinn [at]
Home Page

Course Syllabus

Econ 442 Syllabus in PDF file.

This course will address current issues in modern macroeconomic policymaking, including: (1) the causes of secular stagnation; (2) the efficacy of fiscal policy, (3) the slowness of the investment recovery, (4) international macro policy challenges, (5) responding to currency crises, and (6) the euro area crisis. Prerequisites: Econ 301 or 311, and Econ 302 or 312, and Econ 310.

The required textbook is Blanchard and Johnston, Macroeconomics 6/e (Prentice-Hall, 2012). Other required readings are listed below. In addition, some readings from Econbrowser will be assigned.

Notes Regarding Academic Misconduct

Academic Integrity is critical to maintaining fair and knowledge based learning at UW Madison. Academic dishonesty is a serious violation: it undermines the bonds of trust and honesty between members of our academic community, degrades the value of your degree and defrauds those who may eventually depend upon your knowledge and integrity. Examples of academic misconduct include, but are not limited to: cheating on an examination (copying from another student's paper, referring to materials on the exam other than those explicitly permitted, continuing to work on an exam after the time has expired, turning in an exam for regrading after making changes to the exam), copying the homework of someone else, submitting for credit work done by someone else, stealing examinations or course materials, tampering with the grade records or with another student's work, or knowingly and intentionally assisting another student in any of the above. The Dept. of Economics will deal with these offenses harshly following UWS14 procedures (

1. The penalty for misconduct in most cases will be removal from the course and a failing grade,

2. The department will inform the Dean of Students as required and additional sanctions may be applied.

3. The department will keep an internal record of misconduct incidents. This information will be made available to teaching faculty writing recommendation letters and to admission offices of the School of Business and Engineering.

If you think you see incidents of misconduct, you should tell your instructor about them, in which case they will take appropriate action and protect your identity. You could also choose to contact our administrator and your identity will be kept confidential.

Important Dates

Course Materials and Sources of Economic Information

Downloadable Course Materials

Required On-line Readings


Additional Readings

Tracking the Crisis and Recession

Weblogs and Perspectives

Economics and Economic Policy Links

International Organizations

U.S. Government Agencies

Current and Historical Data

Economics 442 Macroeconomic Policy / UW Madison / / 6 May 2015