ECON 724
Classes
Two lectures per week on Tuesdays and Thursday from 8:35 a.m. to 9:55 a.m. in Leacock 424.
Office Hours
Thursdays from 1 p.m. to 3 p.m. in Leacock 522 or by appointment.
Grader
TBA
Availability: TBA
Email: TBA
Grading
Mid-term exam: 30%
Problem sets: 30%
Final take-home exam: 40%
Homework
Each homework is due before class on the date indicated below.
Homework #1 (due on date Thursday, February 1).
Homework #2 (due on date Tuesday, February 20).
Homework #3 (due on date TBA).
Homework #4 (due on date TBA).
Course outline
Content
The material for this course is drawn from various textbooks and papers published in academic journals.
The textbooks are:
Open Economic Macroeconomics, by M. Uribe and S. Schmitt-Grohe, Princeton University Press, 2017. Supplementary materials can be found in the book website http://www.columbia.edu/~mu2166/book/
Foundations of International Macroeconomics, by M. Obstfeld and K. Rogoff, MIT Press, 1996.
International Macroeconomics: A Modern Approach, by M. Uribe, S. Schmitt-Grohe, and M. Woodford, Princeton University Press, 2022. This is an undergraduate textbook but it will be useful for you to review basic concepts.
Replication codes (adapted from codes in Open Economic Macroeconomics, by M. Uribe and S. Schmitt-Grohe, Princeton University Press, 2017)
Matlab code to replicate open-economy real business cycle model (TBA).
Matlab code to replication MX model (TBA)