Department of Economics

Harris Dellas

Monetary Theory and Policy II

Course Outline

Syllabus

Class Notes

Preliminaries

Class note 1: Long term effects of money on the real economy

Class note 2: Short term effects of money on the real economy

Class note 3: RBC and New Keynesian models

MATLAB: IS-LM/AD-AS model with fixed exchange rates and flexible prices

MATLAB: Parameters

Class note 4: Transmission mechanism and empirical evidence

Class note 5: Macroeconomic policy debate

Exercise sessions

Problem Sets

Set 1

Set 2

Set 3

Computer assignments

Problem 1

Problem 1: Dataset

Problem 1: Model solution

Problem 2

Problem 2: Dataset

Problem 3

Problem 4

Problem 5

Problem 6

Problem 7