Econ 613

Final exam grade distribution

Final exam answers

Syllabus

Answers to midterm Fall 2022

Aggregate production functions

Problem set on production functions

Answers to production function problem set (don't peek!)

Solow model

Answers to 1.3,1.4,1.5,1.6,1.7 (don't peek!)

Introduction to models with endogenous saving

Answers to 2.1,2.2 (don't peek!)

Diamond Overlapping Generations Model

Answers to 2.14,2.17 (don't peek!)

Introduction to Intertemporal Optimization

Ramsey-Cass-Koopmans model

Problem set on RCK model

Answers to RCK model problem set

Answers to 2.6,2.7

DSGE models introduction

Problem set on impulse response

Answers to problem set on impulse response

Value functions and Bellman equations

Problem set on expected utiility and Jensen's inequality

Answer to problem set on Jensen's inequality

Real business cycle model

Criticisms of RBC model

Answers to 5.8, 5.10

Introduction to Keynesian Macroeconomics

Keynesian Theory 1930s-1950s

Romer on ISLM (2nd edition)

IS/LM model

Problem set on IS/LM model

Answers to problem set on IS/LM model

Poole (1970): set M or i?

Poole (1970) paper

Keynesian aggregate supply: Phillips curves

Friedman (1968) paper

Romer on ISMP (3rd edition)

IS/MP model

Problem set on ISMP versus ISLM

Answers to problem set on ISMP versus ISLM

Rational expectations

Another example of monetary policy with rational expectations

Problem set on rational expectations

Answers to problem set on rational expectations

New Keynesian Aggregate Supply: Intro

Introduction to New Keynesian Dynamic Models

New Keynesian ISLM part 1

Money demand problem

Money demand answer (don't peek!)

New Keynesian model, IS/MP, and central bank loss function