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Economics Tripos Supervisions


Dr Petra Geraats
Fellow, St John's College

General information

The purpose of supervisions is to address any questions you have, discuss supervision assignments and talk about macroeconomics.

Supervision assignments consist of short questions, problems and essays.
- Short questions aim to improve your proficiency in formulating concise and precise answers to focused questions.
- Problems help to develop your analytical abilities to construct consistent solutions to complex issues.
- Essay questions enhance your competence in presenting well-structured arguments.
The supervision assignments are a good preparation for the exam and hone skills that advance your future professional career.

The assignments specify main readings, which are essential, and supplementary references, which help you to gain a more sophisticated understanding. In addition, it is highly recommended that you regularly read the Financial Times, The Economist and the IMF World Economic Outlook to keep up with current macroeconomic developments.

You are strongly encouraged to study and discuss the course material and readings with each other.
After studying the lecture notes and main readings, you should first make a serious effort to answer each question of the supervision assignment on your own. If you get stuck, revisit the lecture notes and main readings, try the question again, and again the next day. Ask your peers to explain any material you still don't understand. If needed, ask for a hint how to answer the question, but never copy the answer (or allow others to do so). The answers you turn in should always be your own work and reflect your own understanding.

Instructions for supervision assignments:
Questions with a word count should be typed.
Any handwritten text, equations and graphs should be legible and clear.
Assignments should be stapled and turned in by 6pm on the day before the supervision in my mailbox at Forecourt Porter's Lodge, St John's College.
Note: Assignments that do not comply with these instructions may not be marked.
And, you must turn in the assignment to attend supervision.

The supervision assignments are marked as follows:

*  First class
+  high II.1
✔    low II.1
-  II.2 or less

You should aim to achieve at least ✔+  for each question. A mark of ✔ indicates that you are at risk of getting a II.2. A mark of ✔-  means that your performance is unsatisfactory and that you should seriously review the material.


Part I, Paper 2 (Macroeconomics)

- Supervision 1 (National Income Accounting and Classical Loanable Funds Model)
- Supervision 2 (Economic Growth)
- Supervision 3 (Unemployment and Money)
- Supervision 4 (Goods Market Equilibrium - Short-Run)
- Supervision 5 (IS-LM/MP Model)
- Supervision 6 (Aggregate Demand and Supply)
- Supervision 7 (Open Economy - Long Run)
- Supervision 8 (Open Economy - Short Run)
- Supervision seminar (Review)

Part IIA, Paper 2 (Macroeconomics)

- Supervision 1 (Consumption and Labor Supply)
- Supervision 2 (Government, Investment and Business Cycles)
- Supervision 3 (Labour Market)
- Supervision 4 (Unemployment)
- Supervision 5 (Monetary Policy)
- Supervision 6 (Money and Interest Rates)
- Supervision 7 (Monetary Transmission)
- Supervision 8 (DD-AA Model)
- Supervision 9 (International Finance)

Part IIB, Paper 2 (Macroeconomics)

- Supervision 1 (Economic Growth)
- Supervision 2 (Growth and Capital)
- Supervision 3 (Monetary Policy)
- Supervision 4 (Fiscal Policy)
- Supervision 5 (Real Business Cycle Theory)
- Supervision 6 (New Keynesian Macroeconomics)
- Supervision 7 (International Financial System)
- Supervision 8 (International Financial Crises)
- Supervision seminar (Review)

Useful link: Handout for Speed of Convergence in Solow Model


Dr Petra Geraats

University Associate Professor

Research Group:

CV: Curriculum Vitae

Contact Details
Room: 65
Office Hours: Tuesdays 2:30-3:30pm during Full Term
College: Fellow of St John's College