Seven lecture notes from a graduate course archived from Spring 2002 are held here. Topics are Fluctuations: Organization of the course, and facts; Fluctuations: Shocks, Uncertainty, and the Consumption/Saving Choice; Fluctuations: Introducing a Leisure/Labor Choice in the Ramsey Model. RBC models; Allowing for non trivial investment decisions; Introducing money; Introducing Nominal Rigidities; and More on Price Setting and Policy Implications. Theses files are available as part of a zipped package of items supporting this course.
Online Text and Notes in Advanced Macroeconomics
This course page supports a course on advanced macroeconomics as taught by Christian Ghiglino of the University of Essex in 2009-10. The main topics are: 1) Innovation and diffusion; 2) Theories of the Real Business Cycle; 3) Fiscal policy and some monetary policy, 4) Models with heterogeneous agents with special interest on the relations between growth, the income distribution and credit restrictions, and 5) Models with endogenous fertility and migration. It includes a course outline / reading list, lecture presentations / notes, problem sets (with solutions) and past exams.
Guide to the subsystem of the General Algebraic Modelling System (GAMS) that can be used to build and solve general equilibrium models. Sections (with gemoetric and algebraic explanation of the model followed by worked examples in GAMS/MPSGE) on: Introduction to Demand Theory; Constant Elasticity of Substitution functions; General Equilibrium with Phblicv Goods; Comparing the Performance of Flexible Functional Forms; Competitive General Equilibrium and Economic History; and a 'small library' of other microeconomic examples.
From a second year PhD course and dated June 2003, this is a 51 page PDF booklet including detailed text, equations and graphs. As well as the seven content chapters, there is a detailed reading list. Topics include "Optimal Policy under Commitment" and "Monetary Policy in VAR Systems".
Detailed text and reading suggestions are contained in this 65-page PDF file from a second year PhD course. The lectures "contain material on money demand, RBC models with money, sticky price models, and an overview of empirical studies of the money-output correlation."
This is a set of course notes on Macroeconomic Theory and Policy, as taught by John Hillas at the University of Auckland. It is presented as a single PDF file of some 35 pages. It includes: chapters of Growth and Productivity theory (based on Cobb-Douglas production function), Overlapping Generations model and its application to savings behaviour, profit maximisation, growth, technical change and government finance. In summary form, concentrating on mathematical statements of the theories, with worked examples. Preceded by 'Mathematical Preliminaries' for an intermediate/advanced macroeconomics course, covering differentiation and its applications, optimisation, expectations and variance. These are a concentrated summary of the techniques needed to understand the course, offering statements of theorems without proofs.
