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Toke Aidt
University Senior Lecturer
Fellow of Jesus College

Room: 31
Tel: 44-(0) 1223 335231 (Faculty)
        +44 1223 766471 (College)
Email: toke.aidt@econ.cam.ac.uk
Interests:Political Economics.

Macroeconomics
Part I
Paper 2

Principles of Macroeconomics II

Academic year 2009-2010

The following information is available:

Paper outline

Supervision essays

Course outline

Lecture notes

Old exam questions

The webpage supporting Mankiw's textbook.

The webpage supporting Blanchard's textbook

The webpage supporting Begg, Dornbusch and Fischer's textbook.
 

Supervisions Essays.

The suggested essays follow the sequence in which topics are covered in lectures.

Supervision 5 (Short-run equilibrium in macroeconomics)

Supervision 6 (The interaction between goods and financial market: the IS-LM model)

Supervision 7 (AD-AS model)

Supervision 8 (A small open economy in the short-run)

The supervision assignments will require you to answer three types of questions: short questions; problems and essays. The three types of questions are designed to help you develop key skills:

1) Problem questions are designed to help you develop technical competency in working with specific economic models and analytic skills that enable you to produce logical and consistent answers to specific economic questions.

2) Essay questions are designed to help you develop competency in producing analytically coherent answers to broader economic questions; competency in extracting relevant theoretical and empirical information from given sources; and competency in presenting written arguments and summarizing the findings in a definite and well reasoned conclusion. Also, it is often a good idea to draw upon material you have studied in other papers (e.g., in history and politics).

3) Short questions are designed to help you develop competency in preparing short, precise and consistent answers to narrow questions about economic theory. This is required in the exams.

In addition, each assignment has som extra questions from old exam papers, which are not indended for the supervision unless your supevisor says so, but for self-study/practise.

 

Lecture handouts and PowerPoint presentations

Notation used in the lectures with comparison between Mankiw & Taylor (updated last on 20/1/2009)

Lecture 1: Notes (Word)

Lecture 1 (PowerPoint)

Lecture 2 (PowerPoint)

Lecture 3 (PowerPoint)

Lecture 4 (PowerPoint)

Lecture 5 (PowerPoint)

Lecture 6 (PowerPoint)

Lecture 7 (PowerPoint)

Lecture 8 (PowerPoint)

Lecture 9: Notes (Word)

Lecture 9 (PowerPoint)

Lecture 10 (PowerPoint)

Lecture 11 (PowerPoint)

Lecture 12 (PowerPoint)

Lecture 12: Notes (word)

Lecture 13 (PowerPoint)

Lecture 14 (PowerPoint)

Lecture 15 (PowerPoint)

Lecture 16 (PowerPoint)