The objective is to familiarize you with modern macroeconomics. We will explore various models of the economy and find what answers they have for policy-related questions. I strongly suggest that you read The Wall Street Journal or The Economist. These are two excellent sources for current economic policy discussion. I hope that by the end of the course you will be able to discuss competing macroeconomic theories and contribute to policy discussion.
Problem sets are due at the beginning of class on the day they are due.
No late homeworks will be accepted. The best 5 out of 6 scores are counted. I encourage students to find a study group to collaborate with on homeworks. However, each student is to turn in homeworks that they prepared themselves. These problem sets give you practice with the material that I consider most important they are one of your best study tools for the exams.