MAcroeconomics Lecture Notes

MAcroeconomics Lecture Notes

Gregor W. Smith

These notes were written for a twelve-week, M.A.-level course at Queen's University. They are in pdf format. The notes include many review questions, most with worked-out answers. They were last used in 2000. The current version of the course, Economics 815, is taught by Huw Lloyd-Ellis.

Title page

1. Introduction

2. Dynamic Equilibrium Models I: Two-Period Economies

3. Difference Equations and Linear Dynamic Models

4. Dynamic Equilibrium Models II: Growth

5. Dynamic Equilibrium Models III: Business-Cycle Models

6. Consumption and Tax Smoothing