Calendar and Readings | Intermediate Macroeconomics | Economics

Textbook

[Barro] = Barro, Robert. Intermediate Macroeconomics. 1st ed. Cengage Learning, 2010. ISBN: 9781111486587. [Preview with Google Books]

Course readings.
SES #	TOPICS	READINGS
1	Introduction	[Barro] Chapters 1, and 2.
2	The Solow Model: An Introduction to Macroeconomic Modeling and Economic Growth	[Barro] Chapters 3, 4, and 5. Solow, Robert M. "A Contribution to the Theory of Economic Growth." The Quarterly Journal of Economics 70, no. 1 (1956): 65–94. Mankiw, N. Gregory, David Romer, et al. "A Contribution to the Empirics of Economic Growth." The Quarterly Journal of Economic Growth 107, no. 2 (1992): 407–37.
3	Consumption and Saving	[Barro] Chapter 7. Hall, Robert E. "Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence." (PDF - 1.6MB) Journal of Political Economy 86, no. 6 (1978): 971.
4	Labor Supply	No readings
5	The Neoclassical Growth Model (aka Ramsey Model)	No readings
6	First Exam	No readings
7	Endogenous Growth	[Barro] Chapter 5. Lucas Jr., Robert E. "Making a Miracle." Econometrica 61, no. 2 (1993): 251–72.
8	Fiscal Policy: Taxation, Public Debt, and Redistribution	[Barro] Chapters 13, and 14. Barro, Robert J. "Are Government Bonds Net Wealth?" Journal of Political Economy 82, no. 6 (1974): 1095–117. Diamond, Peter. "National Debt in a Neoclassical Growth Model." American Economic Review 55, no. 5 (1965): 1126–50. Meltzer, Allan H., and Scott F. Richard. "A Rational Theory of the Size of Government." Journal of Political Economy 89, no. 5 (1981): 914–27. Alesina, Alberto, and George-Marios Angeletos. "Fairness and Redistribution." The American Economic Review 95, no. 4 (2005): 960–80.
9	Economic Fluctuations: Neoclassical Framework (Real Business Cycles, Monetary Neutrality)	[Barro] Chapters 8, 9, and 11.
10	Economic Fluctuations: Nominal Frictions (Nominal Confusion, Sticky Prices / Wages)	[Barro] Chapters 15, and 16.
11	Monetary Policy: Stabilization Policies and Rules vs. Discretion	Barro, Robert J., and David B. Gordon. "Rules, Discretion and Reputation in a Model of Monetary Policy." Journal of Monetary Economics 12, no. 1 (1983): 101–21.
12	Second Exam	No readings
13	Financial Crises and Coordination Failures	Calvo, Guillermo. "Servicing the Public Debt: The Role of Expectations." The American Economic Review 78, no. 4 (1988): 647–61. Diamond, Douglas W., and Philip H. Dybvig. "Bank Runs, Deposit Insurance, and Liquidity." Journal of Political Economy 91, no. 3 (1983): 401–19.