Econ 0039 Archives

2017-2018

Office Hours

Tuesday, 1:00-2:00, Drayton House, 311

 Syllabus

Here

Lectures

Lecture 1 : (Very) Long Run Growth
  • session 1: sections 1 to 4 : The Big Picture, The Malthusian Regime, The Industrial Revolution, The Great Divergence, Demographics and the simple functioning of the Malthusian regime. Class Notes
  • session 2:  Demographics and the simple functioning of the Malthusian regime, A (quite) simple mathematical model of life expectancy, A simple model of the (very) long economic history. Class Notes
  • session 3: A simple model of the (very) long economic history. Class Notes (16 april update)
Lecture 2 : The Liquidity Trap
  • session 3: Introduction
  • session 4: IS-LM, Facts. Class Notes
  • session 5 and 6: A Micro-founded Model. Class Notes
Lecture 3 : Income and Wealth Inequalities
  • session 6: Introduction, Income distribution in history of economic thought.
  • session 7: Kuznets’ facts, Piketty’s facts, Piketty’s two “laws of capitalism”, k/y in the Solow model and beyond. Class Notes
  • session 8The elasticity of substitution between k and l 
Lecture 4 : Sustainable Growth and Easter Island Economics
  • session 8A Short Story of Easter Island.
  • session 9: A Model for the dynamics of Easter Island, Applying the Model to Easter Island. Class Notes
Lecture 5 : Hyperinflation
  • session 10: Long Run Facts, Hyperinflation in the Weimar Republic, Hyperinflation in Zimbabwe 2008-2009, Modeling hyperinflation and the role of expectations.

Slides

 Problem sets

Assignments

  • Assignment 1 : Do problem VI of homework 1. Submit a pdf file in which you explain how you have simulated the model (showing code or copies of spreadsheets) and display the figures for time evolution of gL, gA, gM and w. This assignment is due on January 31 at 23:59. 
  • Assignment 2 : Do Part III of homework 2 (answering the 10 questions on General Theory chapter XV). Submit a pdf file with the answers to the questions.
  • Assignment 3 : Do Part II of homework 4. In the submitted pdf file, do not forget to explain how you have simulated the model (showing code or copies of spreadsheets). This assignment is due on March 21 at 23:59. 

 Previous Exams

  • 2013-2014 (TSE): ExamSolution (only parts III and IV are relevant)
  • 2014-2015 (TSE): ExamSolution (only parts II and IV are relevant)