Economics 702 (Section 1)
FROM NOW ON ALL COURSE MATERIAL WILL BE ON CANVAS


Macroeconomics

Spring 2020

Professor:  Noah Williams
Office: 7434 Sewell Social Science, e-mail: nmwilliams@wisc.edu

Office hours: 11:00-12:00 Tuesday, or by appointment.


TA:

Yingtong Xie, email: yingtong.xie@wisc.edu



Lectures: Mon-Wed, 1:00-2:15 PM, Social Science 6102




Syllabus
 


Lecture Notes:

1/22: Lecture 1    Labor supply ||  Related material: Wall St. Journal on Job Market over Past Decade Aguiar et al (2018)
1/27: Lecture 2    Labor demand || Related material: NY Times Op-Ed   Wall St Journal Op Ed Diamond and Saez (2011)
1/29: Lecture 3    General equilibrium || Ramey and Zubairy (2018)
2/3:   Lecture 4    Dynamic model
2/5:   Lecture 5    More on dynamic model
2/10: Lecture 6    Growth || PBS Story on Growth   Glaeser on Vollrath
2/12: Lecture 7    Solow Model
2/17: Lecture 8    Convergence, Optimal Growth || The Future of Economic Convergence
2/19: Lecture 9    Endogenous Growth || 2018 Nobel Prize Scientific Background
2/24: Lecture 10  Consumption and Savings || US Savings Rate
2/26: Midterm 1
3/2:   Lecture 11  Consumption Under Uncertainty, Asset Pricing
3/4:   Lecture 12  Asset Pricing, Social Security & Ricardian Equivalence || Cochrane (2017) "Macro-Finance"
3/9:   Lecture 13  Dynamic General Equilibrium
3/11: Lecture 14  Real Business Cycles

 


Problem Sets and Other Materials:

Problem Set 1 due in class on February 5
Problem Set 2 due in class on February 19. Previous version had a typo on problem 1 (missing beta)
Problem Set 3 due in class on March 11.


TA Web Page: for handouts and solutions


Exams:

Midterm Exam #1: in class on February 26
For practice: 2019 Midterm #1

Midterm Exam #2 in class on March 30


Final Exam TBA