571 285.5 314 542.4 285.5 856.5 571 513.9 571 542.4 402 405.4 399.7 571 542.4 742.3 • J.M. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 642.3 856.5 799.4 713.6 685.2 770.7 742.3 799.4 /Encoding 7 0 R Don't show me this again. /LastChar 196 /Length 967 This is an archived course. >> Phone (401) 863-1584, Fax (401) 863-1970, email:John Driscoll@brown.edu, web:http:nn /Subtype/Type1 /BaseFont/AYRTHJ+CMR8 324.7 531.3 590.3 295.1 324.7 560.8 295.1 885.4 590.3 531.3 590.3 560.8 414.1 419.1 /Encoding 7 0 R 805.5 896.3 870.4 935.2 870.4 935.2 0 0 870.4 736.1 703.7 703.7 1055.5 1055.5 351.8 /Subtype/Type1 481.5 675.9 643.5 870.4 643.5 643.5 546.3 611.1 1222.2 611.1 611.1 611.1 0 0 0 0 /Differences[33/exclam/quotedblright/numbersign/dollar/percent/ampersand/quoteright/parenleft/parenright/asterisk/plus/comma/hyphen/period/slash/zero/one/two/three/four/five/six/seven/eight/nine/colon/semicolon/exclamdown/equal/questiondown/question/at/A/B/C/D/E/F/G/H/I/J/K/L/M/N/O/P/Q/R/S/T/U/V/W/X/Y/Z/bracketleft/quotedblleft/bracketright/circumflex/dotaccent/quoteleft/a/b/c/d/e/f/g/h/i/j/k/l/m/n/o/p/q/r/s/t/u/v/w/x/y/z/endash/emdash/hungarumlaut/tilde/dieresis/Gamma/Delta/Theta/Lambda/Xi/Pi/Sigma/Upsilon/Phi/Psi/Omega/ff/fi/fl/ffi/ffl/dotlessi/dotlessj/grave/acute/caron/breve/macron/ring/cedilla/germandbls/ae/oe/oslash/AE/OE/Oslash/suppress/Gamma/Delta/Theta/Lambda/Xi/Pi/Sigma/Upsilon/Phi/Psi It is thus not necessary to read all or even most of the ar-ticles on the list. 10 0 obj /Type/Font 795.8 795.8 649.3 295.1 531.3 295.1 531.3 295.1 295.1 531.3 590.3 472.2 590.3 472.2 /Name/F6 endobj endstream endobj startxref /LastChar 196 413.2 590.3 560.8 767.4 560.8 560.8 472.2 531.3 1062.5 531.3 531.3 531.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 799.4 285.5 799.4 513.9 799.4 513.9 1565 0 obj <> endobj 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 663.6 885.4 826.4 736.8 << • Beginning of the XX century: Wicksell, Pigou. /Widths[285.5 513.9 856.5 513.9 856.5 799.4 285.5 399.7 399.7 513.9 799.4 285.5 342.6 Some questions addressed by macroeconomics: 1. >> This section provides the schedule of lecture topics along with lecture notes for each topic. With few exceptions, the articles are also summarized in Romer or Blanchard and Fischer. 826.4 295.1 531.3] 255/dieresis] 471.5 719.4 576 850 693.3 719.8 628.2 719.8 680.5 510.9 667.6 693.3 693.3 954.5 693.3 /Widths[295.1 531.3 885.4 531.3 885.4 826.4 295.1 413.2 413.2 531.3 826.4 295.1 354.2 >> 1574 0 obj <>/Filter/FlateDecode/ID[<625426FE08B8324CAD9EC18D9C46CAE5><0EEBF87C1DC95F4FA0894124DC6EA50B>]/Index[1565 20]/Info 1564 0 R/Length 65/Prev 1569152/Root 1566 0 R/Size 1585/Type/XRef/W[1 2 1]>>stream /Subtype/Type1 The Euler equation This represents the rst order condition for optimality. By contrast, microeconomics 249.6 719.8 432.5 432.5 719.8 693.3 654.3 667.6 706.6 628.2 602.1 726.3 693.3 327.6 351.8 935.2 578.7 578.7 935.2 896.3 850.9 870.4 915.7 818.5 786.1 941.7 896.3 442.6 /Encoding 7 0 R Lecture notes files. /Name/F4 734 761.6 666.2 761.6 720.6 544 707.2 734 734 1006 734 734 598.4 272 489.6 272 489.6 384.3 611.1 675.9 351.8 384.3 643.5 351.8 1000 675.9 611.1 675.9 643.5 481.5 488 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 753.7 1000 935.2 831.5 /BaseFont/XWTGAJ+CMR17 489.6 489.6 489.6 489.6 489.6 489.6 489.6 489.6 489.6 489.6 272 272 272 761.6 462.4 ��8�j���/���r�_i�;1���dh�f2ܑd��}�|'�4:ß�d}mW����@��^i(�5%j�>PET!r��L�C�/�J��Xd�*�+L�rg������Ngg�%9�R&ǜ��j7�I ��Tiٞi+�)X�#J�:0��ɰa_@�o���u�ѯKz�a����M��&�. /BaseFont/BWUAAD+CMR9 935.2 351.8 611.1] 19 0 obj 1 Macroeconomics Macroeconomics (Greek makro = ‘big’) describes and explains economic processes that concern aggregates. endobj 299.2 489.6 489.6 489.6 489.6 489.6 734 435.2 489.6 707.2 761.6 489.6 883.8 992.6 489.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 611.8 816 Thus, the price of consumption in period 2 is decreasing in R 1. 732.4 685 742 685.2 685.2 685.2 685.2 685.2 628.1 628.1 456.8 456.8 456.8 456.8 513.9 /Filter[/FlateDecode] /Subtype/Type1 University College Dublin, Advanced Macroeconomics Notes, 2020 (Karl Whelan) Page 8 This implication of the rst-order conditions for consumption is sometimes known as an Euler equation. 510.9 484.7 667.6 484.7 484.7 406.4 458.6 917.2 458.6 458.6 458.6 0 0 0 0 0 0 0 0 693.3 563.1 249.6 458.6 249.6 458.6 249.6 249.6 458.6 510.9 406.4 510.9 406.4 275.8 Introduction to Macroeconomics Lecture Notes Robert M. Kunst March 2006. 462.4 761.6 734 693.4 707.2 747.8 666.2 639 768.3 734 353.2 503 761.2 611.8 897.2 /Widths[1027.8 513.9 513.9 1027.8 1027.8 1027.8 799.4 1027.8 1027.8 628.1 628.1 1027.8 University College Dublin, Advanced Macroeconomics Notes, 2020 (Karl Whelan) Page 7 Optimising Behaviour by the Consumer We will assume that consumers wish to maximize a welfare function of the form W= X1 k=0 1 1 + ! • References in the notes refer to articles given on the reading list. 513.9 399.7 399.7 285.5 513.9 513.9 628.1 513.9 285.5 856.5 770.7 856.5 428.2 685.2 The Solow Model. /BaseFont/JSRFRY+CMR12 Followed Professor Gregory H. Bauer in his macroeco-nomics lecture. SES # TOPICS FILES; 1–2: Introduction. 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