Intermediate Macroeconomics

This repository contains material for a one-semester course in intermediate macroeconomics.

Instructor

The course material was developed by Pascal Michaillat for ECON 1210 at Brown University.

Course Webpage

The course is hosted at https://www.pascalmichaillat.org/t2.html.

Course overview

The course explores core topics in macroeconomics, including national statistics, consumption and saving, unemployment, inflation, business cycles, monetary and fiscal policy, economic growth, and population dynamics. The course starts by presenting short-run and long-run economic fluctuations in the United States and abroad. It then introduces models describing such fluctuations:

• IS-LM model of business cycles
• Matching model of unemployment
• Models of inflation
• Malthusian model of preindustrial growth
• Solowian model of modern growth

Course material

The repository contains all the material for the course.

• lectures folder: 30 slide decks for 30 one-hour lectures
• references folder: 3 journal articles describing the basic matching model and basic Malthusian model presented in lectures
• homework folder:
  • 8 problem sets, with their solutions
  • 100 multiple-choice questions, with their solutions
• exams folder:
  • 2 midterm exams, each with a practice version and solutions
  • 1 final exam, with a practice version and solutions

Course organization

The course is organized in 6 modules.

1. Macroeconomic concepts: lectures 0–6; problem set 1
2. IS-LM model of business cycles: lectures 7–13; problem sets 2–4
3. Matching model of unemployment: lectures 14–20; problem sets 5–6
4. Models of inflation: lecture 21
5. Malthusian model of growth: lectures 22–24; problem set 7
6. Solowian model of growth: lectures 25–29; problem set 8

Useful resources

No textbook is required for this course, but Macroeconomics by Olivier Blanchard nicely complements several parts of the course.

License

The content of this repository is licensed under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0).