Econ 134: Macroeconomic Policy from the Great Depression to the Great Recession

Course Information

• Syllabus
• Reader and Short-Run Fluctuations by David Romer available at Copy Central on Bancroft.
• Short-Run Fluctuations by David Romer is also available for download.
• GSI Sections and Office Hours
• Final Examination: Thursday, May 10, 2012, 3-6 p.m. in 1 Pimentel

Lectures

• Lecture 1: Course Introduction and Introduction to Historical Data, 1/17/2012
  • Lecture 1 Outline
  • Lecture 1 Slides

• Lecture 2: Overview of the Great Depression, 1/19/2012
  • Lecture 2 Outline
  • Lecture 2 Slides

• Lecture 3: Postwar Fluctuations, 1/24/2012
  • Lecture 3 Outline
  • Lecture 3 Slides

• Lecture 4: The Great Recession, 1/26/2012
  • Lecture 4 Outline
  • Lecture 4 Slides

• Lecture 5: Review of IS-LM/MP Framework, 1/31/2012
  • Lecture 5 Outline
  • Lecture 5 Slides

• Lecture 6: Does Monetary Policy Matter?, 2/2/2012
  • Lecture 6 Outline
  • Lecture 6 Slides

• Lecture 7: Monetary Factors in the Great Depression, 2/7/2012
  • Lecture 7 Outline
  • Lecture 7 Slides

• Lecture 8: Review of the AD/IA Framework, 2/9/2012
  • Lecture 8 Outline
  • Lecture 8 Slides

• Lecture 9: Effects of Postwar Monetary Policy, 2/14/2012
  • Lecture 9 Outline
  • Lecture 9 Slides

• Lecture 10: The Conduct of Postwar Monetary Policy, 2/16/2012
  • Lecture 10 Outline
  • Lecture 10 Slides

• Lecture 11: Extending the IS/MP/IA Framework, 2/21/2012
  • Lecture 11 Outline
  • Lecture 11 Slides

• Lecture 12: The Zero Lower Bound in Practice, 2/23/2012
  • Lecture 12 Outline
  • Lecture 12 Slides

• Lecture 13: Does Fiscal Policy Matter?, 2/28/2012
  • Lecture 13 Outline
  • Lecture 13 Slides

• Lecture 14: The New Deal, 3/1/2012
  • Lecture 14 Outline
  • Lecture 14 Slides

• Lecture 15: Fiscal Policy in the Great Recession, 3/6/2012
  • Lecture 15 Outline
  • Lecture 15 Slides

• Lecture 16: Asset Price Bubbles, 3/13/2012
  • Lecture 16 Outline
  • Lecture 16 Slides

• Lecture 17: Financial Crises and Contagion, 3/15/2012
  • Lecture 17 Outline
  • Lecture 17 Slides

• Lecture 18: Expanding the IS-MP Framework to Include Financial Crises, 3/20/2012
  • Lecture 18 Outline
  • Lecture 18 Slides

• Lecture 19: Short-Run Effects of Financial Crises, 3/22/2012
  • Lecture 19 Outline
  • Lecture 19 Slides

• Lecture 20: Long-Run Effects of Financial Crises, 4/3/2012
  • Lecture 20 Outline
  • Lecture 20 Slides

• Lecture 21: Response to the 2008 Financial Crisis, 4/5/2012
  • Lecture 21 Outline
  • Lecture 21 Slides

• Lecture 22: Income Inequality and Macroeconomic Behavior, 4/10/2012
  • Lecture 22 Outline
  • Lecture 22 Slides

• Lecture 23: Uncertainty and Short-Run Fluctuations, 4/12/2012
  • Lecture 23 Outline
  • Lecture 23 Slides

• Lecture 24: Balance Sheet Effects, 4/17/2012
  • Lecture 24 Outline
  • Lecture 24 Slides

• Lecture 25: Hysteresis Effects on Unemployment, 4/19/2012
  • Lecture 25 Outline
  • Lecture 25 Slides

• Lecture 26: Causes and Consequences of the U.S. Budget Deficit, 4/24/2012
  • Lecture 26 Outline
  • Lecture 26 Slides

• Lecture 27: Expansionary Fiscal Contractions?, 4/26/2012
  • Lecture 27 Outline
  • Lecture 27 Slides

Paper Topics

• Essay
• A few comments on the essays

Problem Sets

• Problem Set 1
• Solutions

• Problem Set 2
• Solutions

• Problem Set 3
• Solutions

• Problem Set 4
• Solutions

Spring 2011 Exams

• Midterm
• Final Exam