# 2014-2015

I taught this course with Thomas Chaney, Patrick Fève and George Lukyanov. Thomas taught the first 6 weeks (semester 1). I then taught 6 weeks during semester 1. Then George taught the first 3 weeks of semester 2 and Patrick the last 9 weeks of semester 2.

### Syllabus

### Tentative schedule (summary with problem sets deadlines) (updated 01/12/2014)

*This is a tentative schedule. I’ll do my best to stick to it. It is nevertheless very likely that I will not have time to do the lecture on centrally planned economies.*

##### Lecture 5 : (Very) Long Run Growth

**session 1:**sections 1 to 4 :*The Big Picture, The Malthusian Regime, The Industrial Revolution, The Great Divergence (no class notes for Nov 3)***session 2:**section 5 :*Demographics and the simple functioning of the Malthusian regime (class notes, Nov 4)***session 3:**section 6 :*A (quite) simple mathematical model of life expectancy (class notes, Nov 10)***sessions 4 & 5:**section 7:*A simple model of the (very) long economic history (class notes, Nov 13, class notes Nov 17)*

##### Lecture 6 : Sustainability – Easter Island Economics

**session 6:**section 1 :*A Short Story of Easter Island (no class notes on Nov 18)***sessions 7 & 8:**sections 2 & 3 :*A Model for the dynamics of Easter Island, Applying the Model to Easter Island (class notes Nov 21, class notes Nov 24 (please note that I made a mistake in the graph of the population dynamics. The graph is corrected on the class notes))*

##### Lecture 7 : Hyperinflation

**session 9: and 10**section 1 :*Long Run Facts, Hyperinflation in the Weimar Republic, Hyperinflation in Zimbabwe 2008-2009 (no class notes on Nov 25) (no class notes on Nov 27)***session 11:**section 2 :*Modeling hyperinflation and the role of expectations (class notes Dec 1)*

##### Lecture 8 : Income and Wealth Inequalities

**session 12:**section 1,2 and 3 :*Income distribution in history of economic thought, Kuznets’ facts, Piketty’s facts (no class notes on Dec 2)*- The rest of that lecture will be taught next semester

### Slides

Important: Those slides are designed to be used in class, not to be read without attending the class. They might contain typos. Only what I say / write in class is relevant for the exam.

- Lecture 5 : (Very) Long Run Growth (updated December 3)
- Lecture 6 : Sustainability – Easter Island Economics (updated December 3)
- Lecture 7 : Hyperinflation (updated December 3)
- Lecture 8: Income and Wealth Inequalities (updated December 20)
- Lecture 9: The Liquidity Trap

### Problem sets

The rules set by Thomas Chaney apply (check here if you have a doubt)

- Problem set 5 : (Very) Long Run Growth
- Problems I, II and IV are due on November 17
- Problem VII is due on November 24

- Problem set 6 : Sustainable Growth (updated Nov. 27)
- due on December 1

- Problem set 7 : Hyperinflation
- due on December 19

- Problem set 8: Income and Wealth Inequalities (updated Dec. 31)
- due on January 12

- Problem set 9: The Liquidity Trap
- due on February 2, 2014

### Exam

# 2013-2014

#### I taught the the last 6 weeks of first semester and the first 3 weeks of the second semester of the L3 macro course at TSE

### Syllabus

not this year

### Slides

- Lecture 5 : (Very) Long Run Growth
- Lecture 6 : Sustainability – Easter Island Economics
- Lecture 7 : Hyperinflation
- Lecture 8: Liquidity trap

### Problem sets

- Problem set 4 : (Very) Long Run Growth-Part 1
- Problem set 5 : (Very) Long Run Growth-Part 2
- Problem set 6 : Sustainable Growth
- Problem set 7 : Hyperinflation
- Problem set 8: The Liquidity Trap

### Exam

- First term session 1 exam, solutions
- First term session 2: exam