Adv Macro '18-'19

This website is now deprecated -- it is kept in place to prevent dead links. Materials have been transferred to other websites.

For course on Mitchell, Wray, Watts textbook: Modern Monetary Theory & Practice - see: MMT Lectures  (compiles lectures on the book into one collection, with a few supplementary lectures; on NEW Google Sites)

SHORTLINK for this website is: http://bit.do/az4macro -- For other courses, see: TEN COURSES - For the companion course on Advanced Micro, see: Adv Micro I. A new website for a modified version of this course, which will be based directly on the MMT Textbook, adapted for use in Pakistani context: Advanced Macroeconomics - for a copy of THIS site on CLASSIC Google sites, see https://sites.google.com/site/az4macro2/ 

There are TWO courses - Advanced Macro I and Advanced Macro II on this website. They are in REVERSE order -- Lectures labeled MAC01, MAC02, MAC03, ... and so on are the lectures of Advanced Macro 1 -- The lectures labeled AM01, AM02 are for Advanced Macro II. 

To access restricted reference materials for this course,  you must first join AZ Research Group. Then goto the link: Macro: GFC 2007  Additionally, link to books on CENTRAL BANKS         

Main Textbook for Advanced Macro I is the Modern Monetary Theory textbook of Wray, Mitchell and Watts  The lectures will be numbered in sequence from MAC01, MAC02, etc. UPDATED version of textbook is now available from Macroeconomics 

For Advanced Macro II, the course starts by finishing up - the last four chapters of the MMT textbook covered in Macro 1. This material is covered in AM01 to AM05, the first five lectures. Next three lectures cover the East Asian Crisis and the rise and fall of the Gold Standard - AM06 to AM08. Next AM09 to AM20 cover Why Minsky Matters by Wray. Finally, the last six lectures AM21 to AM26 cover the first seven chapters of House of Debt by Atif Mian and Amir Sufi. 

POSTSCRIPT: Not Immediately/Directly relevant, but useful background materials,

Older Advanced Micro II course based on Polanyi, taught in Jan 2017 had some lectures on Labor. OneDrive Folder 

A supplementary textbook for the course will be: Paul Davidson: Post Keynesian Macroeconomics.

Maaz has constructed a website with outline/analysis of my recorded lectures on Macro:https://sites.google.com/site/macroeconomicsin21century/

For more lectures on macro, see: Mini-Course on MacroEconomics Lectures of FUNDAMENTAL importance for understanding monetary theory and policy: On the Vital Importance of understanding Global Financial Architechture Lecture 10: Vital Importance of Global Financial Architecture Part II

Conceptually important material on Supply & Demand. Review of Basic Supply and Demand Model