Exercises in Advanced Macroeconomics
Fall 2015, Thursdays 8-10, CSS 5.1.16.
The exercises are an integral part of the course. You are supposed to try solving the problems before meeting in class. Instructor is Niklas Brønager. The collection of exercise problems is here. Link to lectures.
| Date | Topic | Problems | Comments | |
| before | after | |||
| 10/9 | cancelled | |||
| 17/9 | Refresher on technology. Fiscal sustainability | I.5, II.1, and if time allows, I.1. | ||
| 24/9 | Debt dynamics. Ricardian non-equivalence. | II.2, II.3, II.5, and if time allows, II.4. | ||
| 1/10 | Overlapping generations in cont. time. | IV.2, IV.11, and IV.3. | ||
| 8/10 | Demography and the rate of return. Comparing Blanchard with Ramsey. | IV.4, IV.8, IV.7, and if time allows, IV.12. | ||
| 15/10 | Autumn break. | |||
| 22/10 | Effects of a positive technology shock in the Blanchard economy. Workshop in class. | First hour used for V.2. Second hour used for workshop on midterm paper problem. Niklas is consultant. | ||
| 29/10 | General equilibrium effects of public debt. Workshop in class. | First hour used for V.4. Second hour used for workshop on midterm paper problem. Niklas is consultant. | ||
| 5/11 | Class cancelled. Replacement class 13/11 15-17 in CSS 5.1.16. | |||
| 12/11 | Applications of the q-theory of investment. | Solve VI.1. Workshop: VI.4. | ||
| 13/11, in CSS 5.1.16. | More applications of the q-theory of investment. The housing market. Expectations formation. | Finish VI.4. Solve VII.7. | Recommended self-tuition: VII.1 | |
| 19/11 | The housing sector and speculative bubbles. | Workshop: VII.4. If time allows, solve VII. 5. | Recommended self-tuition: VII.2 | |
| 26/11 | A. Money in classical vs. Keynesian thinking.
B. Questions raised by the students in Midterm Paper or Discussion Forum. |
A. Workshop: VIII.3. B. Form an opinion about the questions raised (PDF), also available in Absalon. Discuss in class. |
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| 3/12 | IS-LM dynamics with forward-looking expectations. | Solve IX.10. Workshop: IX.4. | ||
| 10/12 |
IS-LM dynamics with forward-looking expectations. Small open economy. |
Finish IX.4. Workshop X.9. | Recommended self-tuition: X.1. | |
| 17/12 | The banking sector in a macro perspective. | Workshop: X.2 |
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| 18/12: Replacement class in
CSS
35.3.13 15-17 |
Business cycle theories. |
Solve X.7. |
Errata to X.7. | |