{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Syllabus3102S11 - University of Minnesota Spring 2011...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
University of Minnesota Spring 2011 Economics 3102-02 Intermediate Macroeconomics Lecture : Anderson Hall 270, 11:15a.m. – 12:05 p.m., Mon/Wed/Fri. Course Instructor : Sewon Hur Office location : 3-161 Hanson Hall Office Hours : 1-3PM Friday E-mail : [email protected] (Must put [3102] in subject of email) Website: http://www.sites.google.com/site/ sewonhur E-mail is the best way to contact me; please allow up to 24 hours for e-mail responses 1. Course Description: The purpose of Econ 3102 is to provide a formal exposition of modern macroeconomics. I will start building up from what you learned in Econ 1102 and expand it; yet, the analysis will be done in a rigorous way. For this reason, the tools you've learned in Econ 3101 will prove useful (I'll do a small review before using them); even though this is not a microeconomics course, you need to be sure why things happen and to keep a clear idea of what's going on behind all the results we get. Up to now, there is no “definite” approach to teaching an intermediate macroeconomics course. While you should be familiar with the Keynesian model (most likely this was what you learned in Econ 1102), I'll present both the Keynesian and the Real Business Cycle (RBC) frameworks in the course, with an emphasis on the latter. The reason is simply that the RBC model is the workhorse of modern macroeconomics (at the research frontier). Last, but not least, an added goal of the course is to test important theoretical results on real-world data and examples. I think that any Macroeconomics course should balance a strong theoretical background and empirical analysis. Get ready to crunch some data. 2. Prerequisites: Class prerequisites are Econ 1102, 3101 and Math 1271 (or equivalents). I will assume that you are comfortable with macroeconomic concepts at the level of Econ 1102 (say, definitions, ideas, methods) and build upon them as I present the material; also, I will be constantly using results you learned in 3101, such as the utility maximization problem and its related topics (i.e., income and substitution
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern