Advanced Macroeconomics 2
Autumn 2008
Comments to lecture notes and other course
material
(students and others are encouraged to help finding
errors)
10.09.2008
Correction list 1
17.09.2008
Short Note 1
19.09.2008
Comment: Concerning Problem II.7 in class today I several
times referred to wt as
"unit labor costs" in the sense of employers' cost per unit of labor. But be
aware that often by "unit labor costs" people mean wL/Y.
21.09.2008
Short Note 2: A refresher on continuous time analysis.
25.09.2008 Further comment on II.7: for an updated graph with
significance test, look
here.
29.09.2008
Correction list 2
16.10.2008
Short Note 3: A refresher on linear differential eq's.
21.11.2008 In today's class I wrote Taylor's second-order
approximation formula on the whiteboard with a small error. The true formula is:
The error I made was that the diivisor 2! was forgotten.
30.11.2008
Short Note 4: On the exchange rate as a forward-looking variable.
10.12.2008
Short Note 5: The IS-LM-CC model.
29.12.2008
Correction
list 3