San Francisco State University
Michael Bar
ECON 702
Spring 2015
Problem set 3
Neoclassical Growth Model
1. Consider a version of the neoclassical growth model with inelastic labor supply.
There is a single representative household that lives forever and e
San Francisco State University
ECON 702
Michael Bar
Spring 2012
Midterm II - Solution
Thursday, April 12
1 hour, 30 minutes
Name: _
Instructions
1. This is closed book, closed notes exam.
2. No calculators of any kind are allowed.
3. Show all the calculat
San Francisco State University Michael Bar
ECON 702, Spring 2015
Course information
Course Title: Seminar in Macroeconomic Theory
Number of Units: 3
Course ID: Econ 702-01
Class Number: 66771
Class Location: HSS 147
Class Schedule:
Lecture: Mondays, 19:0
San Francisco State University
ECON 702
Michael Bar
Spring 2015
Final exam
Wednesday, May 18
1 hours, 30 minutes
Name: _
Instructions
1. This is closed book, closed notes exam.
2. No calculators of any kind are allowed.
3. Show all the calculations.
4. If
San Francisco State University
ECON 702
Michael Bar
Spring 2012
Final exam
Thursday, May 17
2 hours, 30 minutes
Name: _
Instructions
1. This is closed book, closed notes exam.
2. No calculators of any kind are allowed.
3. Show all the calculations.
4. If
ECON 702, Final Exam Material
I. (30%) Questions from the midterm.
II. (70%) Material after the 2nd midterm.
Detailed topics list for part II
1. Risk aversion and elasticity of substitution
a. Arrow-Pratt measure of relative risk aversion.
b. Elasticity o
San Francisco State University
Michael Bar
ECON 702
Spring 2013
Problem set 4
AR(1) process
1. This question is about AR(1) process:
z t = z t 1 + t ,
2
! where | |< 1, t ~ N (0, ), t i.i.d.
a. Explain what i.i.d. means.
b. Define: independent random vari
San Francisco State University
ECON 702
Michael Bar
Spring 2012
Midterm I
Thursday, March 1
1 hour, 15 minutes
Name: _
Instructions
1. This is closed book, closed notes exam.
2. No calculators of any kind are allowed.
3. Show all the calculations.
4. If y
San Francisco State University
ECON 702
Michael Bar
Spring 2015
Midterm
Monday, March 16
1 hour, 30 minutes
Name: _
Instructions
1. This is closed book, closed notes exam.
2. No calculators of any kind are allowed.
3. Show all the calculations.
4. If you
San Francisco State University
ECON 702
Problem set 3 Answer Key
Michael Bar
Spring 2015
Neoclassical Growth Model
1. Consider a version of the neoclassical growth model with inelastic labor supply.
There is a single representative household that lives fo
San Francisco State University
ECON 702
Problem set 5 - solution
Michael Bar
Spring 2015
Seigniorage
1. Suppose that the money supply grows at constant rate , and the demand for real
balances is
M t Pt 1
Pt Pt
a. Derive the amount of real revenues the g
San Francisco State University
ECON 702
Problem set 1 Answer Key
Michael Bar
Spring 2015
Matlab
1. Write a Matlab function that computes the probability density for a value x from a
Poisson distribution with mean . That is, the inputs should be [x, ] and
San Francisco State University
Michael Bar
ECON 702
Spring 2015
Problem set 2 (Due March 2nd, 2015)
Matlab
1. The two primary fields of Macroeconomics are growth and business cycles.
Therefore, Macroeconomists often need to separate a time series ! yt int
San Francisco State University
Michael Bar
ECON 702
Spring 2015
Problem set 5
Seigniorage
1. Suppose that the money supply grows at constant rate ! , and the demand for real
balances is
M t ( Pt +1 %
#
=&
Pt & Pt #
'
$
!
a. Derive the amount of real reven
San Francisco State University
ECON 702
Michael Bar
Spring 2013
Final exam
Wednesday, May 22
1 hours, 30 minutes
Name: _
Instructions
1. This is closed book, closed notes exam.
2. No calculators of any kind are allowed.
3. Show all the calculations.
4. If
San Francisco State University
ECON 702
Michael Bar
Spring 2013
Midterm
Wednesday, March 20
1 hour, 30 minutes
Name: _
Instructions
1. This is closed book, closed notes exam.
2. No calculators of any kind are allowed.
3. Show all the calculations.
4. If y
San Francisco State University
ECON 702
Michael Bar
Spring 2015
Problem set 2
Matlab
1. The two primary fields of Macroeconomics are growth and business cycles.
Therefore, Macroeconomists often need to separate a time series yt into a growth
component ytg
San Francisco State University
Michael Bar
ECON 702
Spring 2015
Problem set 1 (Due Monday, February 16)
Matlab
1. Write a Matlab function that computes the probability density for a value x from a
Poisson distribution with mean . That is, the inputs shoul
San Francisco State University
ECON 702
Problem set 4 solution
Michael Bar
Spring 2015
AR(1) process
1. This question is about AR(1) process:
z t z t 1 t ,
2
where | | 1, t ~ N (0, ), t i.i.d.
a. Explain what i.i.d. means.
It means that the random variabl
Midterm Material (ECON 702)
General guidelines:
This is a closed notes and closed books exam, and no calculators are allowed.
The questions are based on notes and homework assignments.
Detailed guidelines:
1. Solow Growth Model
a. Properties of the Neocla