Lecture Notes and Short Texts in Intermediate Macroeconomics
Detailed notes from eight lectures of an undergraduate course are downloadable separately as PDFs. The topics from this Spring 2013 course include Solow and the Neoclassical growth model, endogenous growth, and financial crises. All materials are available as PDF files, with links to the course website that provides accompanying materials.
PDF transcript of a inauguration speech given in 2012, illustrated with cartoons and graphs. Kocken calls for an understanding of risk based on Minsky's Financial Instability Hypothesis, informed by psychological research on cognitive biases. The file has been taken offline, so this link goes to the Web Archive's copy.
This set of eleven slide shows makes heavy use of animation and algebra to illustrate core topics in intermediate macroeconomics. They have been produced as part of an Economics Network mini-project, which has polished the presentation to a high standard. There are explanatory text callouts throughout, enabling the files to be used as self-contained learning objects for student revision. The Solow Growth Model is dealt with at length, with three separate animated shows covering different variations of the model. Each slide show is available as dark-on-white or as light-on-black.
Carlin and Soskice have developed "a version of the 3-equation model that can be taught to undergraduate students and can be deployed to analyze a broad range of policy issues, including the recent credit/banking crisis and the oil and commodities price shock. It can be taught using diagrams and minimal algebra" in this 26 page paper from UCL. It also includes an appendix on the central bank’s loss function: graphical representation and references for further reading.
The Transformation of macroeconomic policy and research is Prescott's 2004 Nobel Prize lecture. It sets out the method and significance of micro-founded, forward-looking, dynamic-equilibrium models as originated by Kydland, Prescott, Lucas and others, and widely adopted as cheap computing power becomes available. Assess the impact on use of macro models for policymaking, with particular attention to time consistency and credible commitment. It is complemented by the shorter, more empirical 'Quantitative Aggregate Theory' by co-laureate Finn Kydland, available from the same site. Both in video as well as text form.
This support site for a 2003/4 course has detailed lecture notes and some problem sets. Topics include "The Solow Model," "The Overlapping Generations Model" and "New Keynesian Macroeconomics". All links are to PDF files. This link is to Archive.org's copy of the site.
The Nobel Foundation makes available a great deal of material on each of the Economics prize winners, including video of each Prize Lecture since Robert Mundell in 1999. As well as a lay introduction to each prize winner's research, there are "Advanced information" links giving a more technical explanation. This link is to the Economics Network's quick index of lecture videos and related materials on the site. Each video is a full lecture (usually between 40 and 60 minutes) with good audio and video quality, and pitched at a non-technical audience. Transcripts of each lecture are available.
