Econ 2: Spring 2014: UC Berkeley: Week 8: Introduction to Macroeconomics

Read Essentials, chs. 10, 11, 12, and 14 before spring vacation

• Problem Set 4 out Wednesday night
• March 12: Introduction to Macroeconomics
  • Administrivia http://tinyurl.com/dl20140312d
  • Introduction http://tinyurl.com/dl20140312a
  • A Quick Historical Tour of the U.S. since 2000 http://tinyurl.com/dl20140312b
  • The Income-Expenditure Framework http://tinyurl.com/dl20140312c
• Section 8: Discussion
  • Milton and Rose Director Friedman, Free to Choose and Tom Slee, Nobody Makes You Shop at Wal-Mart
• Further Reading:
  • Mary C. Daly et al., "A Search and Matching Approach to Labor Markets: Did the Natural Rate of Unemployment Rise?"
  • Miles Corak, "Income Inequality, Equality of Opportunity, and Intergenerational Mobility"