Economics 701: Macroeconomics II
Spring 2008
Section 2124: LC 013; MW 10:25-11:45a.m.
John Bailey Jones
BA-113
442-4926
jbjones@albany.edu
http://www.albany.edu/~jbjones/
Office Hours: Tuesday and Thursday, 10:30-12:00; and by appointment
You can save paper by printing several slides on each sheet of paper. To do this, click (in sequence) Acrobat's "Print" and "Properties" icons; on the "Layout" page, set "Pages Per Sheet" to the desired value.
Acknowledgements: In graduate school, I was fortunate to have several outstanding teachers of macroeconomics: (in chronological order) Lars Ljungqvist, Ken West, John Shea, Rody Manuelli and Steve Durlauf. The notes contained in these overheads borrow heavily from their lectures.
| Basic (U.S) Business Cycle Facts | Entire Lecture |
| The Keynesian View, Rational Expectations and Policy (In)effectiveness | Part 1, Part 2, Part 3 |
| Optimal Consumption under Uncertainty | Entire Lecture |
| Asset Pricing | Main Lecture, LEDEs |
| Real Business Cycles | Background, Ramsey Model, Baseline Model, Extensions 1, Extensions 2 |
| Multiple Equilibria and Sunspots | Introduction, Recent Developments |
| Bonus Lecture | Business Cycle Accounting |
| Year | Midterm | Final |
| 2004 | Exam Key | Exam Key |
| 2005 | Exam Key | Exam Key |
| 2006 | Exam Key | Exam Key |
| 2007 | Exam Key | Exam Key |