This is an archived course. A more recent version may be available at ocw.mit.edu.

 

Calendar

This course contains a one hour recitation session each week. The recitation session is not presented in the course calendar.

Lec # Topics KEY DATES

Unit 1 - Economic Growth

1

Introduction

 

2-3

Solow Growth Model

Problem set 1 out in lecture 3

4-5

TFP and Economic Growth

Problem set 1 due in lecture 5

6-7

New Growth Theory

Problem set 2 out in lecture 7

8-9

Knowledge and Economic Growth

Problem set 2 due in lecture 9

10

First Exam

 

Unit 2 - Savings

11-12

Representative Consumer Model

Problem set 3 out in lecture 12

13-14

Overlapping Generations Model

Problem set 3 due in lecture 14

Problem set 4 out in lecture 14

Rough draft of paper due in lecture 14

15-16

Government Policy, Savings, and Social Security

Problem set 4 due in lecture 16

17

International Comparisons

 

18

Second Exam

 

Unit 3 - Exchange Rates and Wage Setting

19-20

Mundell-Fleming Model

Problem set 5 out in lecture 19

Final version of paper due in lecture 20

21

Great Depression, Bretton Woods and Today

Problem set 5 due

Problem set 6 out

22-23

Unemployment Then and Now

Problem set 6 due in lecture 22

24-25

The International Economy

 

26

Third Exam