Economics 808: Macroeconomic Theory

Lecture notes

In the interests of making everyone's life easier, I am placing my lecture notes online. Please read the disclaimer below. The notes are split up in several sections

• Chapter 0: Preliminaries
• Chapter 1: Neoclassical growth theory
• Chapter 2: Time series tools
• Chapter 3: The representative agent model
• Chapter 4: The overlapping generations model
• Chapter 5: Real business cycles
• Chapter 6: Econometrics
• Chapter 7: Coordination failure models
• Chapter 8: Search and Chapter 9: Endogenous growth

I will make updates to these as I do the lectures, so don't bother to print anything until it has been given as a lecture.

Disclaimer:

These notes were prepared so that I could give the lecture, not so that you could read them. That means that:

• They have some mistakes, which I usually correct while giving the lecture.
• They aren't always clear and may omit key details that I already know (even if you don't).

So you should view them as a potentially handy supplement to the lecture. You should still take notes. If what I say in class deviates from these notes, trust me over the notes. If you see any typos (or even something that just could be clearer), please email me.