Online Lectures and Supplementary Readings in Preparation for the Final Exam, Spring 2020

Online Lectures

10. Takeaways about Economic Growth

11. Restoring American Growth: The Video

12. Solow Growth Model—Mankiw Chapter 8 (Watch this short Hans Rosling video on 200 years that changed the world first!)

13. Technological Progress and the Golden Rule—Mankiw Chapter 9

14. Open Economy Accounting (Mankiw Chapter 6)

15. Why Open Economy Macro Is Also Called International Finance

16. Keeping Aggregate Demand on Track

17. Why the Fed Should Keep the Output Gap Equal to Zero

18. International Finance Comparative Statics: Shifts of NX(epsilon), S and target r

19. More International Finance Comparative Statics

20. Percent Changes in Things Measured as Percentages

21. Lecture on Negative Interest Rate Policy

Slides

• Takeaways about Economic Growth

• Chapter 8 slides

• Chapter 9 slides

• Chapter 7 slides

• Chapter 6 slides

• International Finance slides (2d lecture on open economy macro)

Supplementary Readings:

• The Government and the Mob

• Two Types of Knowledge: Human Capital and Information

• Bonnie Kavoussi's Tweetstorm on "Restoring American Growth"

• Bossonomics: the economics of management and productivity—Nick Bloom and John Van Reenen

• Presidential Q&A: Is a Strong Dollar or a Weak Dollar Good for the Economy?

• International Finance: A Primer 2/15

• How Increasing Retirement Saving Could Give America More Balanced Trade

• Alexander Trentin Interviews Miles Kimball about Establishing an International Capital Flow Framework

• Oren Cass on the Value of Work

• Why We Want More Jobs

• Janet Yellen is Hardly a Dove—She Knows the US Economy Needs Some Unemployment

• The Real Test of the December 2017 Tax Reform Will Be Its Long-Run Effect

• One of the Biggest Threats to America's Future Has the Easiest Fix

• How and Why to Expand the Nonprofit Sector as a Partial Alternative to Government: A Reader’s Guide

Notes and Exercises

• The Effects of Shifts in the CF(r) Curve on the Long-Run International Finance Diagram Are Not Ambiguous After All

• Notes on Analyzing Shocks with the International Finance Diagrams

• Exercise: Calculating and Applying Elasticities of k* and y* (the Steady-State Capital to Effective Labor Ratio and Output to Effective Labor Ratio) to Exogenous Changes