F12 - ECON102.A - Adv Macroeconomics (1)
Topic outline
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Welcome to Ec 102: Seminar in Advanced Macroeconomics, Fall 2012
Your assignment for our first seminar meeting is below -- see Week 1.
==> (August 30) The syllabus is not ready yet, but the main require text for the course should be in the bookstore:
Romer, David (2012), Advanced Macroeconomics, 4/e (McGraw-Hill Irwin)
We won't need the other required book for a few weeks, and it has not yet arrived at the bookstore:
Krugman, Paul (2009), The Return of Depression Economics and the Crisis of 2008 (WW Norton)
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Week 2: Economic Growth
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Week 3: Real Business Cycles
The Ohanian piece (very short) is for everyone to read.
The Kydland and Prescott paper is not required, although it will certainly be useful to skim it.
Presenter for the Kydland/Prescott paper: Ling.
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Week 4: Expectations, Nominal Rigidities, and Monetary Policy -- 1
The Romer article is for everyone to read.
Presenter for Cole and Ohanian paper: Tyler.
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Week 5: Expectations, Nominal Rigidities, and Monetary Policy -- 2
The Friedman article is for everyone to read.
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Week 6: DSGE Models of the Business Cycle
The Ireland article is for everyone to read.
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FALL BREAK
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Week 7: Inflation and Monetary Policy
The Taylor paper is for everyone to read.
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Week 8: Consumption
The Carroll paper is for everyone to read. -
Week 9: Investment
The Hubbard paper is for everyone to read.
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Week 10: The Labor Market and Unemployment
The Hall paper is for everyone to read.
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Week 11: Fiscal policy
The Parker and Taylor papers are for everyone to read.
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Week 12: Financial Markets and Recessions
The reading for this week is Romer's Epilogue and the Krugman book.
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Week 13: Lessons from the Great Recession
The following 5 papers are to be read by all.