This repository contains material for a one-semester course in intermediate macroeconomics.
The course is hosted at https://www.pascalmichaillat.org/t2.html.
The course explores core topics in macroeconomics, including national statistics, consumption and saving, unemployment, inflation, business cycles, monetary and fiscal policy, economic growth, and population dynamics. The course starts by presenting short-run and long-run economic fluctuations in the United States and abroad. It then introduces models describing such fluctuations:
- IS-LM model of business cycles
- Matching model of unemployment
- Models of inflation
- Malthusian model of preindustrial growth
- Solowian model of modern growth
The material for the course is contained in four folders:
lecturesfolder: 30 slide decks for 30 one-hour lecturesreferencesfolder: 3 journal articles describing the basic matching model and basic Malthusian model presented in the lectureshomeworkfolder:- 8 problem sets, with their solutions
- 100 multiple-choice questions, with their solutions
examsfolder:- 2 midterm exams, each with a practice version and solutions
- 1 final exam, with a practice version and solutions
The course is organized in 6 modules.
- Macroeconomic concepts: lectures 0–6; problem set 1
- IS-LM model of business cycles: lectures 7–13; problem sets 2–4
- Matching model of unemployment: lectures 14–20; problem sets 5–6
- Models of inflation: lecture 21
- Malthusian model of growth: lectures 22–24; problem set 7
- Solowian model of growth: lectures 25–29; problem set 8
No textbook is required for this course, but Macroeconomics by Olivier Blanchard nicely complements several parts of the course.
The course material was developed by Pascal Michaillat for ECON 1210 at Brown University.
The content of this repository is licensed under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0).