Econ 232 Intermediate Macroeconomic Theory. This is a macroeconomic theory course with a focus on applications to the real world. Do you aspire to work as an economist in an investment bank or hedge fund?
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Intermediate level course in macroeconomics.
Although the course has an applied focus, it will introduce the tools of modern macroeconomic theory to think about current issues.
Main Text: Blanchard, Macroeconomics 5th ed,
published by Prentice Hall
See my web site to access lecture notes and problem sets.
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Econ 100 (or equivalent), a basic knowledge of differential calculus and ability to solve simultaneous equations in two variables are prerequisites of this course. You will need to be able to tackle problems of the form:
2x + y = 0
2x + (1-a)y = 1
simultaneously for x and y in terms of a.
There will be two midterms and a final examination. Both midterms held during regular class periods. The midterm examinations are scheduled for September 30th and November 4th. The final examination will be as scheduled in the Vanderbilt catalogue. The examinations will consist of problems to be solved and written discussions/explanations. They will test whether you can use the models introduced in the course to answer questions about macroeconomic issues.
Approximately one problem set per week.
No points are given for problem sets.
You may work on homework with other students. However, the work you hand in should be in your own words.
If you hand in a homework then you will receive an answer key for it which you can use to verify your answers.
You may consult with me or TA if necessary.