Monday: 12-3 FSM Cafe
Tuesday: 2-5 Evans 601
Wednesday: 10:30-12:30; 1-5 with breaks at the Peet's in Sutarja Dai Hall (call 925 708 0467): Evans 601
Unfortunately, I am not complete master of my own schedule this week, alas...
Monday: 12-3 FSM Cafe
Tuesday: 2-5 Evans 601
Wednesday: 10:30-12:30; 1-5 with breaks at the Peet's in Sutarja Dai Hall (call 925 708 0467): Evans 601
Unfortunately, I am not complete master of my own schedule this week, alas...
Posted at 07:58 PM in Administration | Permalink | Comments (1)
It looks like my pre-exam office hours will be on Wednesday May 11: 9-5: Evans 601...
Posted at 04:48 PM in Administration | Permalink | Comments (0)
Replaced by take-home assignment April 14-April 19...
Posted at 02:48 PM in Administration, Other Assignments | Permalink | Comments (0)
IAS 107: Intermediate Macroeconomics: U.C. Berkeley: Spring 2011:
J. Bradford DeLong, Dariush Zahedi
Introduction:
Tu Jan 18: The Four Branches of Macroeconomics (read ch. 1: Introduction to Macroeconomics).
Th Jan 20: Keeping Track of the Macroeconomy (read chs. 2 and 3: Measuring the Macroeconomy and Thinking Like an Economist).
Growth Economics:
Tu Jan 25: Economic Growth Overview (read ch. 4: The Theory of Economic Growth).
Th Jan 27: Why Is the World So Divergent? (read ch. 5: The Reality of Economic Growth) (problem set 1 due).
Tu Feb 01: Economic Growth since 1800.
Th Feb 03: The Efficiency of Labor/Spurring the Rate of Technological and Organizational Progress (problem set 2 due).
Depression Economics:
Tu Feb 08: Introduction to Depression Economics.
Th Feb 10: INSTRUCTOR SICK
Tu Feb 15: The Income-Expenditure Model (read chs. 6 and 9: Building Blocks of the Flexible-Price Model and The Income-Expenditure Framework) (problem set 3 due).
Th Feb 17: The Investment-Savings Model (read ch. 10: Investment, Net Exports, and Interest Rates) (problem set 4 due).
Tu Feb 22: The Central Bank, Interest Rates, and Financial Markets (read ch 11: Extending the Sticky Price Model).
Th Feb 24: The Financial Crisis and the Economic Downturn (problem set 5 due).
Tu Mar 01: Policies to Fight the Great Recession.
Th Mar 03: Price Stickiness (read chs. 8 and 12: Money, Prices, and Inflation and The Phillips Curve and Expectations) (problem set 6 due).
Midterm:
Tu Mar 08: Pre-Midterm Review.
Th Mar 10: Growth-and-Depression Midterm.
Inflation Economics:
Tu Mar 15: Inflation and the Phillips Curve
Th Mar 17: Expected Inflation and the Natural Rate of Unemployment.
Tu Mar 29: Monetary Policy Reactions (read ch. 13: Stabilization Policy).
Th Mar 31: From the Short-Run to the Long-Run (problem set 7 due).
Debt-and-Deficit Economics:
Tu Apr 5: The Government's Taxes and Spending.
Th Apr 7: Depression-and-Inflation Midterm
Tu Apr 12: Debt Economics: Crowding Out and Crowding In (read chs. 7 and 14: Equilibrium in the Flexible Price Model and The Budget Balance, the National Debt, and Investment).
Th Apr 14: The Long-Run Budget Problem (problem set 8 due).
Topics
Tu Apr 19: Topics.
Th Apr 21: Topics (problem set 9 due).
Tu Apr 25: Topics.
Final:
Th Apr 28: Final Review
Th May 12: 8-11: FINAL EXAM
Posted at 07:12 PM in Administration | Permalink | Comments (1)
Section 105 Friday 9-10 AM has been changed to Monday 10-11 AM in 243 Dwinelle.
Section 106 Friday 1-2 PM has been changed to Thursday 2-3 PM in 228 Dwinelle.
Posted at 04:22 PM in Administration | Permalink | Comments (0)
BASICS:
J. Bradford DeLong: delong@econ.berkeley.edu: 925 708 0467: W 2-4 Evans 601.
Dariush Zahedi:
Lecture: TuTh 11-12:30 VLSB 2060
Sections: M 2 183 Dwinelle; M 3 251 Dwinelle; W 1 255 Dwinelle; W 4 83 Dwinelle; F 9 106 Wheeler; F 1 247 Dwinelle
REQUIRED MATERIALS:
Joe Nocera: All the Devils Are Here. Portfolio ISBN-10: 1591843634.
J.B. DeLong and Martha Olney: Macroeconomics (2nd ed.) McGraw-Hill
ISBN-10: 0072877588.
iClicker ISBN-10: 0716779390.
2010 Economic Report of the President http://www.whitehouse.gov/administration/eop/cea/economic-report-of-the-President
SCHEDULE:
Introduction:
Tu Jan 18: The Four Branches of Macroeconomics (read ch. 1: Introduction to Macroeconomics).
Th Jan 20: Keeping Track of the Macroeconomy (read chs. 2 and 3: Measuring the Macroeconomy and Thinking Like an Economist).
Growth Economics:
Tu Jan 25: Economic Growth Overview (read ch. 4: The Theory of Economic Growth).
Th Jan 27: The Industrial Revolution, the Demographic Transition, and the Coming of Modern Economic Growth (read ch. 5: The Reality of Economic Growth) (problem set 1 due).
Tu Feb 01: The Macroeconomics of Development: Convergence and Divergence Across Nations.
Th Feb 03: Spurring the Rate of Technological and Organizational Progress (problem set 2 due).
Depression Economics:
Tu Feb 08: The Great Recession.
Th Feb 10: The Income-Expenditure Model (read chs. 6 and 9: Building Blocks of the Flexible-Price Model and The Income-Expenditure Framework) (problem set 3 due).
Tu Feb 15: IS, LM, and Interest Rate Spreads (read chs. 10 and 11: Investment, Net Exports, and Interest Rates and Extending the Sticky Price Model).
Th Feb 17: Policies to Fight the Great Recession (problem set 4 due).
Tu Feb 22: The Great Recession Outside the United States.
Inflation Economics:
Th Feb 24: Inflation and the Phillips Curve (read chs. 8 and 12: Money, Prices, and Inflation and The Phillips Curve and Expectations (problem set 5 due).
Tu Mar 01: Expected Inflation and the Natural Rate of Unemployment.
Th Mar 3: Monetary Policy Reactions (read ch. 13: Stabilization Policy) (problem set 5 due).
Midterm:
Tu Mar 08: Pre-Midterm Review.
Th Mar 10: Midterm.
Debt-and-Deficit Economics:
Tu Mar 15: From the Short-Run to the Long-Run.
Th Mar 17: Government Debt Economics: Crowding Out and Crowding In (read chs. 7 and 14: Equilibrium in the Flexible Price Model and The Budget Balance, the National Debt, and Investment) (problem set 6 due).
Tu Mar 29: Four Topics of Macroeconomics Review.
After Mar 29:
Starting Th Mar 31, any one of three things might happen:
Final:
Th Apr 28: Final Review
Th May 12: 8-11: FINAL EXAM
Posted at 08:25 PM in Administration | Permalink | Comments (0)
Notes: Lecture Audio. Adverse Selection in Lending Markets.
Readings:
Notes: Lecture Audio
Readings: David Greenlaw (Morgan Stanley), Jan Hatzius (Goldman Sachs), Anil Kashyap (Chicago GSB) and Hyun Shin (2008), "Leveraged Losses Lessons from the Mortgage Market Meltdown" http://www.chicagogsb.edu/usmpf/docs/usmpf2008confdraft.pdf
Lecture Audio
Readings:
Problem set: Adverse selection and financial markets. Clean Version
Memo: Midterm 2 Grading Scale
Notes: Lecture Audio http://delong.typepad.com/berkeley_econ_101b_spring/2008/04/what-we-are-doi.html
Notes: Lecture Audio: http://www.j-bradford-delong.net/2008_MOV/20080409_123925.mp3
Readings:
Notes: Lecture Audio http://www.j-bradford-delong.net/2008_mov/20080411_091301.mp3
Readings:
Notes:
Readings:
Notes: Lecture Audio: http://www.j-bradford-delong.net/2008_mov/20080416_122152.mp3
International Financial Crises Problem Set Clean Version. Due April 23
Notes: Slides: http://delong.typepad.com/delongslides/2008/04/econ-101b-april.html; Lecture Audio: http://www.j-bradford-delong.net/2008_mov/20080421_091146.mp3
Readings:
Institute for International Economics, "China: The Balance Sheet" http://www.petersoninstitute.org/publications/chapters_preview/04648/01pa04648.pdf
Notes: Slides: http://delong.typepad.com/delongslides/2008/04/econ-101b-april.html; Lecture Audio: http://www.j-bradford-delong.net/2008_mov/20080423_091349.mp3
Readings:
Notes: Lecture Audio; “Infant Industries,” Industrial Policy, and Development in a Model of Productive Variety http://www.j-bradford-delong.net/2008_pdf/20080424_industrial_policy.pdf
Readings:
Notes: Lecture Audio
Readings:
Notes: Lecture Audio
Readings:
Macroeconomics, 14.2, 14.3
Mock Applications Exam out: Apologies. This should have gone up on Friday, but for some reason was not copied over: http://www.j-bradford-delong.net/2008_pdf/101bpracticeexammay9.pdf
Notes: Lecture Audio
Readings:
Notes: Lecture Audio; Solow and Ramsey
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Brad DeLong: delong@econ.berkeley.edu: 925 708 0467: W 2-4 Evans 601, M 1:30-2 Evans 601
Marc Gersen: mgersen@econ.berkeley.edu: aim:mgersen08: 510-541-2326: ??
W Jan 23: INTRODUCTION: The Problems of Macroeconomics
F Jan 25: The Solow Model: Capital and Equilibrium
M Jan 28: The Solow Model: Dynamics and Feedback
W Jan 30: How Much of Today's World Can We Explain with the Solow Growth Model?
F Feb 1: Current Events
M Feb 4: From Malthus to Modernity
W Feb 6: Understanding the Industrial Revolution
F Feb 8: Current Events
M Feb 11: Measuring Economic Growth
W Feb 13: The Productivity Slowdown of the 1970s
F Feb 15: PROFESSORIAL REALITY CHECK EXAM Midterm I Summary
W Feb 20: Components of Aggregate Demand
F Feb 22: Full-Employment Equilibrium
M Feb 25: The International Side--Plus Government Budgets and Investment Booms
W Feb 27: The Monetary Side: The Quantity Theory of Money, Inflation, and Expectations
F Feb 29: Quantity Theory Continued; Current Events
M Mar 3: Sticky Prices and Aggregate Demand
W Mar 5: The IS Curve and Employment
F Mar 7: What happened this week in the macroeconomy?
M Mar 10: CLASS CANCELLED--PROFESSOR SICK
W Mar 12: The Phillips Curve, Inflation, and Monetary Policy
F Mar 14: Tying Up the Short-Run and the Medium Run
F Mar 14: What happened this week in the macroeconomy?
M Mar 17: Loose Ends
W Mar 19: CORE THEORY EXAM
Notes: Lecture Audio. Adverse Selection in Lending Markets.
Readings:
Notes: Lecture Audio
Readings: David Greenlaw (Morgan Stanley), Jan Hatzius (Goldman Sachs), Anil Kashyap (Chicago GSB) and Hyun Shin (2008), "Leveraged Losses Lessons from the Mortgage Market Meltdown" http://www.chicagogsb.edu/usmpf/docs/usmpf2008confdraft.pdf
Lecture Audio
Readings:
Problem set: Adverse selection and financial markets. Clean Version
Memo: Midterm 2 Grading Scale
Notes: Lecture Audio http://delong.typepad.com/berkeley_econ_101b_spring/2008/04/what-we-are-doi.html
Notes: Lecture Audio: http://www.j-bradford-delong.net/2008_MOV/20080409_123925.mp3
Readings:
Notes: Lecture Audio http://www.j-bradford-delong.net/2008_mov/20080411_091301.mp3
Readings:
Notes:
Readings:
Notes: Lecture Audio: http://www.j-bradford-delong.net/2008_mov/20080416_122152.mp3
International Financial Crises Problem Set Clean Version. Due April 23
Notes: Slides: http://delong.typepad.com/delongslides/2008/04/econ-101b-april.html; Lecture Audio: http://www.j-bradford-delong.net/2008_mov/20080421_091146.mp3
Readings:
Institute for International Economics, "China: The Balance Sheet" http://www.petersoninstitute.org/publications/chapters_preview/04648/01pa04648.pdf
Notes: Slides: http://delong.typepad.com/delongslides/2008/04/econ-101b-april.html; Lecture Audio: http://www.j-bradford-delong.net/2008_mov/20080423_091349.mp3
Readings:
Notes: Lecture Audio; “Infant Industries,” Industrial Policy, and Development in a Model of Productive Variety http://www.j-bradford-delong.net/2008_pdf/20080424_industrial_policy.pdf
Readings:
Notes: Lecture Audio
Readings:
Notes: Lecture Audio
Readings:
Macroeconomics, 14.2, 14.3
Mock Applications Exam out: Apologies. This should have gone up on Friday, but for some reason was not copied over: http://www.j-bradford-delong.net/2008_pdf/101bpracticeexammay9.pdf
Notes: Lecture Audio
Readings:
Notes: Lecture Audio; Solow and Ramsey
DROPPED AND REPLACED...
M Mar 31: Stabilization Policy since WWII
W Apr 2: Should Conservatives Be Central Bankers? * Notes: Central Bankers: Stabilizers, Credible Inflation-Fighters, and Lenders of Last Resort * Central Bank Consistency and Credibility: The Analytics * Macroeconomics, review 13.6, review 13.7
F Apr 4: What happened this week in the macroeconomy?
M Apr 7: Looking Back at the Great Depression: What Went So Wrong?
W Apr 9: Is There a Political Business Cycle?
F Apr 11: What happened this week in the macroeconomy?
M Apr 14: U.S. Long-Run Budget Balance
W Apr 16: "Fixing" Social Security
F Apr 18: What happened this week in the macroeconomy?
M Apr 21: Productivity Speed-Ups and Slow-Downs
W Apr 23: U.S. Income Distribution
F Apr 25: What happened this week in the macroeconomy?
M Apr 28: European Youth and Structural Unemployment
W Apr 30: "Animal Spirits": Understanding the Stock and Real Estate Markets
F May 2: What happened this week in the macroeconomy?
M May 5: Global Imbalances
W May 7: APPLICATIONS EXAM
F May 9: What happened this week in the macroeconomy?
M May 12: FINAL REVIEW
F May 16: FINAL EXAM 8-11
Posted at 02:02 PM in Administration | Permalink | Comments (0)
Course website: available through http://bspace.berkeley.edu or http://delong.typepad.com/berkeley_econ_101b_spring/
This is a go-faster do-more course--intended for people who would be bored in Economics 100b (and, I think, not nearly enough people take it). The curve will be high--the idea is that nobody should get a grade lower than they would have gotten in Econ 100b. You will, however, work harder. And the harder you all work, the higher will be the median grade in the class.
Basics:
How many people are on Facebook?
MW lectures--spend them on theory and tools
F lectures--spend them on current events
W sections... do problems like those on the next problem set...
Read Jeff Zax on what a discussion section leader really does
Facebook: http://www.facebook.com/group.php?gid=8834189518 join the Berkeley network, and then join the group...
Lecture: 247 Cory 9-10 AM M, W, and most F
Marc Gersen aim:mgersen08 mgersen@econ.berkeley.edu 510-541-2326 office hours:
Brad DeLong delong@econ.berkeley.edu 925-708-0467 office hours: W 2-4 Evans 601
Posted at 01:38 PM in Administration, Lecture Notes | Permalink | Comments (1)
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