Econ 345 - Fall 2023

Syllabus

-  Course Description and Outline

Textbook

Instructions for accessing the online textbook

Problem Sets

Problem Set 1  -  Due October 16 (upload to Crowdmark)
Problem Set 1  (Solutions)
Midterm Exam and Solutions
Problem Set 2  -  Due November 20 (upload to Crowdmark)
Problem Set 2  (Solutions)
Final Exam and Solutions

Old Problem Sets

Problem Set 1  -  Due February 11 (upload to Crowdmark)
Problem Set 1  (Solutions)
Midterm Exam and Solutions
Problem Set 2  -  Due March 25 (upload to Crowdmark)
Problem Set 2  (Solutions)
Final Exam and Solutions
Problem Set 1 -  Due February 5
Problem Set 1  (Solutions)
Midterm Exam and Solutions
Problem Set 2  -  Due March 18
Problem Set 2  (Solutions)
Problem Set 3  -  Due April 8
Problem Set 3  (Solutions)
Final Exam and Solutions

Online Lectures


Lecture 9A
Lecture 10A
Lecture 10B
Lecture 11A

Lecture Slides

Lecture 1 (Part A)    Lecture 1 (Part B)
Lecture 1 (Update)   Data Plots
Lecture 2 (Part A)    Lecture 2 (Part B)   Lecture 2 (extras)
Lecture 3 (Part A)    Lecture 3 (Part B)
Lecture 3 extra
Lecture 4 (Part A)    Lecture 4 (Part B)
Lecture 5 (Part A)    Lecture 5 (Part B)
Lecture 6 (Part A)    Lecture 6 (Part B)   Lecture 6 (extras)
Lecture 7 (Part A)    Lecture 7 (Part B)
Lecture 8 (Part A)    Lecture 8 (Part B)   Lecture 8A (extras)
Lecture 9 (Part A)    Lecture 9 (Part B)
Lecture 10 (Part A)  Lecture 10 (Part B)
Mundell Notes
Lecture 11 (Part A)   Lecture 11 (Part B)
Bernanke & Obstfeld-Rogoff Notes
Main Topics for Final

Old Exams

Midterm  (Fall 2004)
Final  (Fall 2004)
Midterm  (Fall 2006)
Final  (Fall 2006)
Midterm  (Fall 2008)
Midterm Solutions  (Fall 2008)
Final Exam and Solutions  (Fall 2008)
Midterm Solutions  (Spring 2010)
Final Exam and Solutions  (Spring 2010)
Midterm Exam and Solutions  (Fall 2010)
Midterm Exam and Solutions  (Fall 2012)
Final Exam and Solutions  (Fall 2012)
Midterm Exam and Solutions  (Spring 2013)
Midterm Exam and Solutions  (Spring 2014)
Midterm Exam and Solutions  (Spring 2016)
Midterm Exam and Solutions  (Spring 2017)
Final Exam and Solutions  (Spring 2013)
Final Exam and Solutions  (Spring 2014)
Final Exam and Solutions  (Spring 2016)
Final Exam and Solutions  (Fall 2016)
Final Exam and Solutions  (Spring 2017)

Readings


Chapter 18 from Krugman-Obstfeld-Melitz text
Chapter 19 from Krugman-Obstfeld-Melitz text

The Economist  (5-14-09)  --  ``Birth Pains"

The Economist  (2-11-17)  --  ``It's Been a Privilege"

Web Post by Brad Setser  (8-03-09)  -- ``China, New Financial Superpower"

Web Post by Brad Setser  (11-15-16)  --  ``China, Manipulation, Day One, the 19988 Trade Act, and the Bennet Amendment"

The Economist  (August, 2016)  --  ``Two Out of Three Ain't Bad"

The Economist  (1-16-16)  --  "Fight or Flight"

Mankiw (2010) -- "The Trilemma of International Finance"

Krugman (2011) --  "Golden Cyberfetters"

Krugman (2012) --  "Fear-of-China Syndrome"

Krugman (2010) --  "China, Japan, America"

http://www.bloomberg.com/news/2010-09-15/japan-intervenes-for-first-time-since-2004-as-yen-surge-threatens-recovery.html

The Economist  (9-25-10) --  "A Mao in Every Pocket/Speak Less Softly, Carry a Stick"

The Economist  (2-07-09)  --  ``Burger-Thy-Neighbour Policies"

Kasa (1995) --  "Understanding Trends in Foreign Exchange Rates"

The Economist  (1-21-10)  --  "Invested Interests"

Mundell (2000) -- "A Reconsideration of the Twentieth Century"

DeLong (2004) --  "Should We Still Support Untrammelled International Capital Mobility?"

Kasa (2004) --  "A Glossary of Terms and Concepts in International Finance"

Krugman (2011)  --  "Can Europe Be Saved?"

Krugman (2012)  --  "Crash of the Bumblebee"

Rogoff (2011)  --  "The Global Fallout of a Eurozone Collapse"

The Economist  (8-21-10)  --  "Paper Chains"

The Economist  (11-6-10)  --  "Beyond Bretton Woods 2"

Bernanke (2009)  --  ``Asia and the Global Financial Crisis"

http://www.federalreserve.gov/newsevents/speech/bernanke20091019a.htm

Obstfeld & Rogoff  (2009)  --  ``Global Imbalances and the Financial Crisis: Products of Common Causes"

 Obstfeld (2012)  --  "Does the Current Account Still Matter?"

Krugman (2010) --  "Taking on China"  (from his New York Times column)

Mundell  (1961) --  "A Theory of Optimum Currency Areas"  (from the American Economic Review)

Tutorial Discussion Questions

Weeks 2 and 3:  Chapt. 1 (Problems 3 and 10),  Chapt. 2 (Problems 5,7,8 and 11)
Week 4:  Chapt. 3  (Problems 4,9 and 12)
Week 5: Chapt.  4  (Problems 1,2,3, and 4)
Week 6: Chapt.  5  (Problems 3,5,6,7, and 13)
Week 7: Chapt.  6  (Problems 1,6,14, and 17)
Week 8: Chapt.  7  (Problems 2,7,9, and 10)
Final Week: Chapt 8  (Problems 8 and 11)