COURSE DESCRIPTION - COURSE DESCRIPTION: This is an...

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COURSE DESCRIPTION: This is an advanced undergraduate course in applied macroeconomics. We will combine theory, history, and statistics, focusing on outstanding historical episodes from the United States, and also making some use of cross-country data. The expected topics are: The 2007-2008 financial crisis; the Great Depression; fundamental and non-fundamental approaches to the stock market and other asset prices; consumer confidence; oil and the macroeconomy. If there is sufficient time, we may also discuss topics in inflation, hyperinflation, stagflation, and disinflation. The prerequisite for the course, which will be enforced, is Economics 402. COURSE MATERIALS: All of the readings are available online. These are from journals, an online encyclopedia, and other sources. The links are provided in the Economics 412 Course Tools website. Macroeconomics by Mankiw or a comparable intermediate textbook is recommended for review of basic macroeconomic models. ASSIGNMENTS: There will be two take-home exams and a “lab report”, which will involve analysis of graphs and tables that I will provide, on an interesting topical issue. The two exams and the lab report will each count one-third towards the final grade. Both exams and the lab report must be typed (the only exception being accommodation for a physical disability making typing impossible), and should not exceed ten double-spaced pages. (The minimum length is up to you, but I would normally not expect you to be able to do a good job in less than five or six pages). The first take-home exam will be posted on Oct. 25th and will be due on Oct. 31. The lab report will be posted on or before Nov. 7 and will be due on Nov. 30. The second take-home exam will be posted on the last day of class and will be due on the official final exam date. TENTATIVE COURSE OUTLINE:
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COURSE DESCRIPTION - COURSE DESCRIPTION: This is an...

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