Lecture Notes

• Lecture 1:
  • Preliminaries
  • Long term effects of money on the real economy
• Lecture 2:
  •  Short term effects of money on the real economy
• Lecture 3:
  • RBC and New Keynesian models
  • MATLAB: IS-LM/AD-AS model with fixed exchange rates and flexible prices
  • MATLAB: Parameters
• Lecture 4:
  • Class note 4: Transmission mechanism and empirical evidence
• Lecture 5:
  • Class note 5: Macroeconomic policy debate