15.012 | Spring 2011 | Graduate

Applied Macro- and International Economics

Lecture Notes

1 Introduction and the money multiplier via babysitters (PDF)
2 Germany and Zimbabwe: Monetary policy and the velocity theory of money  
3 The IS-LM model (PDF)
4 Japan, Ireland, and the Great Depression: Applications of the IS-LM model: Fiscal policy and the Great Depression  
5 AD-AS and long run adjustment: The connection to inflation (PDF)
6 Central bank accounting (PDF - 1.5MB)
7 World through inflation (PDF)
8 Banking crisis and accounting  
9 Theories of nominal exchange rates: Short-run and long-run (PDF - 1.3MB)
10 Fiscal currency crises (GAME: Greece, Argentina, Mexico, and Everyone else)  
11 Self-fulfilling currency crises (MIT: Malaysia, Indonesia, and Thailand)  
12 Exchange-rate regimes (PDF)
13 Capital controls, exchange rate regimes, and unemployment: The unholy trinity (PDF)
14 US financial crisis  
15 Debate 1: The international role of the dollar  
16 Debate 2: The Euro  
17 Introduction to development economics  

Course Info

As Taught In
Spring 2011
Learning Resource Types
Lecture Notes
Activity Assignments with Examples