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Advanced Macroeconomics


Part 1: One-period Model
    Data: US (BLS, BEA, FRED)
    Materials: Problem Set 1 (due 9/19), Graphs in Excel

Part 2: Economic Growth
    Data: International (OECD, IFS, World Bank, Penn World Tables)

Part 3: Two-period Model
    Data: Household data (SCF)
    Materials: Problem Set 3

Part 4: Business Cycles
  • Business cycle models with flexible prices and wages (slides)
  • New Keynesian economics and sticky prices (slides)
Presentations and final assignment
    In the last two weeks of classes, you will present your research findings (20 minutes). You are encouraged to work in groups of 1 to 4 students. Each group must submit a research proposal (one page) by 10/5. A progress report (1 to 3 pages) is due 11/2. The first draft (page length: 8 times the square root of the group size) is due 11/30. The final draft (page length: 10 times the square root of the group size) is due Friday 12/15. Use Times New Roman, size 12, 1.5 line spaced, with 1 inch margins.



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