Online Text and Notes in Intermediate Macroeconomics
Intermediate Macro theory is the course page for this ECON101 course taught by Paul Bergin of UC Davis in Fall 2007. It includes slide presentations, with short notes, full lecture notes, homework assignments and exam papers. It covers introductory definitions and main topics in macroeconomics including national income determination, inflation, fiscal and monetary policy. The course is based around Mankiw's Economics - 6th edition.
The Transformaton of macroeconomic policy and research is Prescott's 2004 Nobel Prize lecture. It sets out the method and significance of micro-founded, forward-looking, dynamic-equilibrium models as originated by Kydland, Prescott, Lucas and others, and widely adopted as cheap computing power becomes available. Assess the impact on use of macro models for policymaking, with particular attention to time consistency and credible commitment. It is complemented by the shorter, more empirical 'Quantitative Aggregate Theory' by co-laureate Finn Kydland, available from the same site. Both in video as well as text form.


