Economics 333 - Macroeconomic Theory
Dr. John F. Olson e-mail: jolson@csbsju.edu
Fall 2015 Course Syllabus
Link to the publisher's companion web-site for the text: Student Center for Mankiw's Macroeconomics (8th ed.)
Link to access instructor's
PowerPoint files
for Mankiw's 8th ed. (password-restricted SharePoint site, must be enrolled in
Fall 2015 ECON 333)
under Documents on the left-hand of the page, click on "ECON 333 - John F. Olson" to go to a listing of the PowerPoint files by chapter
Answers to: HWPS#1 HWPS#2 HWPS#3
These two "datalink" pages contain URLs to access websites with current reports and information, research, and data on the U.S. macro-economy:
GDP/Labor/Prices: http://www.employees.csbsju.edu/jolson/datalink1.htm
Money & Federal Reserve: http://www.employees.csbsju.edu/jolson/datalink2.htm
Perhaps the most comprehensive Economics website is Bill Goffe's Resources for Economists on the Internet
Links to the National Bureau of Economic Research (NBER)
NBER Home
NBER - Business Cycles (information)
NBER - Business Cycles Expansions and Contractions (dates)
Hand-out on NIPA relationships (assigned)
MS-Word .doc version
Web .htm version
BEA's "Measuring the Economy: A Primer on GDP" (assigned) and an older "A Guide to the NIPAs" (assigned) detail the purpose, structure, and measurement of the NIPA.
Another good, readable/accessible article about the NIPAs appeared in the Journal of Economic Perspectives, Spring 2008 issue.
For links to BEA articles and reports on Annual and Comprehensive revisions to the NIPA, NIPA methodology, the NIPA Handbook, and other related matters, see: http://www.bea.gov/national/an1.htm
Other descriptions and discussions of BEA methodologies and concepts can be accessed at: http://www.bea.gov/methodologies/index.htm#national_meth
Links to issues of the BEA's Survey of Current Business at http://www.bea.gov/scb/index.htm -- this publication has many useful methodological and analytical articles.
Two interesting NBER working papers by Robert W. Fogel (1990 co-winner of the Nobel Prize in Economics) about Simon Kuznets (3rd winner of the Nobel Prize in Economics), often referred to as the "father" of national income accounting in the U.S.: the first (July 2000) is an account of Kuznets' career and contributions; the second (December 1987) addresses Kuznets' methods of economic research.
An interesting and relevant discussion about data revisions, forecasting, and policy-making in:
"Through a Glass, Darkly: How Data Revisions Complicate Monetary Policy" from Dallas FRB, Economic Letter, Vol. 1, No. 12, December 2006.
BLS documents on measuring Consumer Price Index:
http://www.bls.gov/cpi/cpiovrvw.htm(assigned)
http://www.bls.gov/cpi/cpifaq.htm(assigned)
http://www.bls.gov/cpi/cpiadd.htm (assigned)
http://www.bls.gov/cpi/cpifact2.htm(assigned)
Additional information and data on the CPI at http://www.bls.gov/cpi/home.htm
BLS document on "How the Government Measures Unemployment" at http://www.bls.gov/cps/cps_htgm.htm (assigned)
Additional information and data on employment and unemployment can be accessed at the BLS web-pages for the Current Population Survey http://www.bls.gov/cps/home.htm and the Current Employment Statistics survey http://www.bls.gov/ces/home.htm
Spreadsheet file with recent (to August 2015) U.S. Labor Force data
Supplementary Notes on the Cobb-Douglas Production Function (assigned)
A
"retrospective" article on the
origins and use of Cobb-Douglas from the Journal of Economic Perspectives
(Spring 2012)
A short empirical note on labor's share: http://research.stlouisfed.org/publications/net/20040801/cover.pdf
An interesting research/discussion paper on "Measuring Labor's Share of Income": http://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
Spreadsheet (Excel) for Long-Run Neo-Classical Macroeconomic Model (assigned)
Document on the Equations Composing the Long-Run Neo-Classical Macroeconomic Model (assigned)
Exercises for Long-Run Neo-Classical Macroeconomic Model
Spreadsheet (Excel) for Short-Run Keynesian Cross & IS-LM model (assigned)
Document on the Equations Composing the IS-LM model (assigned)
A short explanation of the IS-LM model by Paul Krugman
Krugman on "Economics in the Crisis"
Links to Federal Reserve's web-page http://www.federalreserve.gov/policy.htm
Monetary Policy descriptions (assigned)
the FOMC
OMOs
discount rate
reserve requirements
(see also links under "Policy Tools" on the left-side)
An interesting piece by an FOMC member on contemporary/current policy:
"A Perspective on Monetary Policy"
(Cleveland FRB, Economic Commentary, Feb. 1, 2005)
Dallas FRB article on Irving Fisher: http://www.dallasfed.org/research/ei/ei0501.html
"Paul Samuelson and Monetary Analysis" (St. Louis FRB, Monetary Trends, April 2005)
There are also links to some interesting items on monetary economics and related subjects on my ECON 374 - Monetary Theory & Policy Analysis - course web-page.
Syllabi from previous semesters/years:
Spring 2015 Spring 2014 (& Revised Schedule) Spring 2012 Fall 2011 Spring 2011 Fall 2007
Spring 2007 Spring 2006 Fall 2005 Spring 2005 Fall 2004
Spring 2015 - answers to: HWPS#1 HWPS#2 HWPS#3
Companion Website for the Mishkin text: http://wps.aw.com/bp_mishkin_macro_1/
Link to Mankiw text (7th ed.) publisher's web-site for students: http://bcs.worthpublishers.com/mankiw7/#t_517719
PowerPoint slides for Abel, Bernanke, & Croushore text
Companion website for Abel, Bernanke, & Croushore text (then click on Student Resources)
CSB/SJU Economics Department Homepage: http://www.csbsju.edu/economics/
This page last up-dated 9/30/2015 and all hyperlinks checked 1/27/2007 - please report any "dead" hyperlinks to jolson@csbsju.edu
©2004 John F. Olson