EC202-B1 Spring 10 Intermediate Macroeconomic Analysis
Gabriele Gratton January 4, 2010
The goal of this course is to introduce students to modern approaches to theoretical macroeconomics. Great relevance is given to the leading theoretical models of Econ
EC202 Fall 09 Lecture Notes 7
Gabriele Gratton November 1, 2009
1
Money. That all I want s
In the rst part of the course we have already discussed about the role of money in our economy. To summarize, individuals were holding money for the sole purpose of
EC202 Fall 09 Lecture Notes 6
Gabriele Gratton September 29, 2009
1
Introduction
In the past weeks we have been discussing a series of topics: intertemporal choice, long run growth, labor market and the relevance of money and international trade. While im
EC202 Fall 09 Lecture Notes 5
Gabriele Gratton September 29, 2009
1
Readings
Mankiw, Ch. 6
2
Unemployment
There is no discussion about the economy in politics which does not touch the topic of unemployment. The percentage of people looking for a job but n
EC202 Fall 09 Lecture Notes 4 Economic Growth
Gabriele Gratton September 16, 2009
1
Readings
Mankiw, Ch. 7 and 8
2
Introduction
Today we start one of the two big topics in macoeconomics Economic Growth: what determines the income of the population of a co
EC202 Fall 09 Lecture Notes 3
Gabriele Gratton August 31, 2009
1
Readings
Mankiw, Ch. 2.1 and 3
2
Macroeconomics. . .
In the rst two chapters we have looked at the behavior of a single individual, Dude, and all the individuals in an economy demanding or s
EC202 Summer Term Lecture Notes 1
Gabriele Gratton May 20, 2008
1
Readings
Mankiw, Ch. 16 (16.5 and 16.6 optional)
2
The supply of savings of a lender
Yesterday we have described the optimal behavior of an agent who lives for two periods and wants to deci
EC202 B1 FALL 09 Intermediate Macroeconomics
Gabriele Gratton
gratton@bu.edu
Classes are M-W-F 11-12. OH: M 2-3 and W 2-4 (starting next week) or by appointment. My room is B02 in SSW (Econ Dept.). Entrance facing CAS at number 264, go down all the corri
CONVERGENCE
EC202 Gabriele Gratton
The Solow growth model predicts that all economies will eventually reach a steady state with growth rates of per capita capital vand per capita income equal to the technological progress. If saving rate, population growt