Economics 808: Macroeconomic Theory
Prof. Brian Krauth, Fall 2004
Economics 808 is a graduate-level course in macroeconomic theory, intended
for PhD students and MA students with sufficient background.
Announcements
- 12/15:
- 12/13:
- The answer key for Problem Set #8 is available.
- I will be available for office hours on Monday afternoon, and all day
(9-5) Tuesday.
- 12/6:
- The answer key for problem set #7 is available.
- The lecture notes have been updated.
- 11/26:
- 11/15:
- 11/10:
- 11/9:
- Problem set #7 is due on Thursday, November
18. It is time consuming, so be sure to get an early start. You are especially
encouraged to work in groups on this assignment.
- Updated lecture notes (Chapter 5, Chapter
6, and Chapter 7) are now available.
- 11/2:
- 10/27:
- The exam and answer
key are now available.
- Problem set #6 is due on
Thursday, November
4. As I will be gone that day, please slide it under my office door.
Friday, November 5.
- 10/20:
- Problem Set #4 was due yesterday, the answer
key is now available.
- Problem Set #5 is not to be handed in. Instead,
I am providing the answer key and you are encouraged
to do the problems before next week's exam.
- 10/14: Some background on preparing for the exam
- Copies of previous exams are available on the assignments
page. Note that we have covered slightly different material this year
(in particular we have done more on dynamic programming and stochastic
processes, and will not have done the overlapping generations model yet.
- In preparing, you should do as many practice problems as possible. Here
are the readings you should do by the exam, and some of the textbook problems
you may find helpful. Remember, the exam will be exclusively problems,
and the textbooks are supplemental to the lecture. I will not expect you
to use any tools I haven't covered in class (for example, I will not expect
you to do anything involving spectral analysis, even though it's covered
in chapter 2 of Sargent and Ljungqvist).
- Romer, Chapter 1 and problems 1-12.
- Romer, Chapter 2 (part A) and problems 1-3, 9-12.
- Sargent and Ljungqvist, Chapter 2 and exercises 2.1-2.3.
- Sargent and Ljungqvist, Chapter 3 and exercise 3.1 (you have already
done a very similar problem).
- Sargent and Ljungqvist, Chapter 4.
- You will find that time is a factor.
- You will be allowed to bring in a page of notes.
- 10/12:
- Problem Set #3 is due; the answer key is
now available. In preparation for the exam, you might want to work through
some problems
- Problem Set #4 is due Tuesday, October 19.
- Updated lecture notes 808_lec2.pdf and 808_lec3.pdf
are now available.
- The exam will be Tuesday, October 26. The exam will be in class, and
you may bring one standard sized (A4 or 8.5x11) sheet of paper with any
writing you like on the front and back. You should also bring a calculator.
- 9/30:
- Problem Set #2 is due; the answer key is
now available. The excel part of the problem is in diffeq.xls
- Problem Set #3 is due Tuesday, October 12.
However, you should start on it now, because I will assign one more
problem set to be due on Thursday, October 14.
- 9/23:
- Problem Set #1 is due; the answer key is
now available.
- An example answer to the Solow residual question is available in file
solow.xls.
- Problem Set #2 is due Thursday, September
30.
- 9/16: