© 04 Nov. 2009
Like a joke, man;)

Welcome to the Fall semester of IP 401 Intermediate Economics class (Macro part) for BA/MA students. You can find the syllabus here. The Macro part of the course starts on 5 Nov. 2009. Please check back later for more class material.

Stankov

Here are the lecture slides, seminar slides, and the corresponding readings:
05 Nov. 2009: Lecture 1.1 slides: Why study macroeconomics? The science of macroeconomics
05 Nov. 2009: Lecture 1.2 slides: The data used in macroeconomics
05 Nov. 2009: Lecture 1.3 slides: A snapshot of the global economic recession
12 Nov. 2009: Lecture 2 slides; Seminar slides: National income: Where it comes from and where it goes?
19 Nov. 2009: Lecture 3.1. slides: How do economies grow? An intro to economic growth (1)
19 Nov. 2009: Lecture 3.2. slides; Seminar slides: How do economies grow? An intro to economic growth (2)
26 Nov. 2009: Lecture 4.1. slides; Seminar slides: Why economies cannot grow forever? An intro to economic fluctuations
26 Nov. 2009: Seminar case study: The trouble with pornography
26 Nov. 2009: Optional reading: How do we know whether a recession is over?
03 Dec. 2009: Lecture 5.1. slides; Seminar slides: The role of money and monetary policy in the economy
03 Dec. 2009: Lecture 5.2. slides: The tools of monetary policy
03 Dec. 2009: Lecture 5.3. slides: Goals and conduct of monetary policy
03 Dec. 2009: Lecture 5.4. slides: Transmission Mechanisms of Monetary Policy
10 Dec. 2009: Lecture 6.1. slides: Stabilization policy
10 Dec. 2009: Lecture 6.2. slides: Government Debt
10 Dec. 2009: Seminar: Detailing fiscal and monetary policy


For those who are HUNGRY FOR MORE (optional additional readings -- not covered in class, nor on exams):
Acemoglu 2009: Mechanics and Causes of Economic Growth
Aghion et al. 2009: CREDIT CONSTRAINTS, CYCLICAL FISCAL POLICY AND INDUSTRY GROWTH
Baldacci et al. 2009: How Effective is Fiscal Policy Response in Systemic Banking Crises?
Bernanke and Gurkaynak 2001: Is growth exogenous? Taking Mankiw, Romer and Weil seriously
Easterly 2001 book review: The elusive quest for growth: Economists’ adventures and misadventures in the tropics
Ceccetti et al. 2009: Financial crises and economic activity
Cerra et al. 2009: International Evidence on Recovery from Recessions
Fogel 2007: CAPITALISM AND DEMOCRACY IN 2040: FORECASTS AND SPECULATIONS
Freedman and Otker 2009: Country Experiences with the Introduction and Implementation of Inflation Targeting
Imam 2009: Introducing the Euro as Legal Tender - Benefits and Costs of Eurorization for Cape Verde
Mankiw et al. 2009: Optimal Taxation in Theory and Practice
Peter et al. 2009: Global Reform of Personal Income Taxation, 1981-2005: Evidence from 189 Countries
Williamson 2004: The Washington Consensus as Policy Prescription for Development
Woodford 1999: Revolution and Evolution in Twentieth-Century Macroeconomics