Week 1 (01/22-24/13)
We made an introduction to the course and we discussed what is macroeconomics about. Please read Chapter 1 from the textbook.
Week 2 (01/29-31/13)
We discussed measurement of some key macroeconomic variables and business cycle issues. Please read Chapters 2 and 3 from the textbook.
Week 3 (02/05-07/13)
We covered the consumer problem and made a very brief review on optimization. Please read Chapter 4 from the textbook. Also, review Handouts 1-3.
Week 4 (02/12-14/13)
We covered the consumer problem and started to discuss the firm problem. Please start reading Chapter 5.
Week 5 (02/19-21/13)
We discussed the firm problem and introduced the concept of a competitive equilibrium.
Week 5 (02/26-28/13)
We discussed the concept of a competitive equilibrium.
Week 6 (03/04-07/13)
We discussed the concept of Pareto Efficiency
***
For the midterm please study Chapters 1, 2, 3, 4 and 5. Focus on Chapters 4 and 5. Read these chapters together with the Handouts on Consumer theory, Firm theory, and Competitive Equilibrium. The midterm will cover exercises similar than those discussed in problem sets, and concepts and definitions.
***
Week 7 (03/26-28/13)
We will start to discuss the extension of the simple model we covered before the midterm. Please read Chapter 8 from the textbook and Handout #5.
Week 8 (04/02-04/13)
Our goal for this week will be finishing the material covered by Chapter 8 from the textbook and Handout #5. Remember not to read section 1.6 in the Handout.