Recommended Readings and Websites Covering
Recent Trends in Macroeconomic Theory

Last Updated: 23 August 2015

Site Maintained By:
Professor Leigh Tesfatsion
Department of Economics/375 Heady
Iowa State University
Ames, Iowa 50011-1070
(515) 294-0138
http://www2.econ.iastate.edu/tesfatsi/
tesfatsi AT iastate.edu

Econ 502 Home Page (Master's Level Macro Theory)

Topic Areas

I. INTRODUCTION

  1. Overview

    Suggested Readings and Websites:

  2. Empirical Characteristics of the U.S. Economy

    Suggested Readings and Websites:

  3. Macro Modeling: Alternative Approachs

    Suggested Readings and Websites:

II. REVIEW AND CRITIQUE OF AD/AS MODELING

  1. The Basic IS-LM Model

    Suggested Readings and Websites:

  2. Aggregate Supply and Price Adjustment

    Suggested Readings and Websites:

III. ECONOMIC GROWTH: MICROFOUNDATIONS ISSUES

  1. Introduction to Economic Growth

    Suggested Readings and Websites:

  2. Aggregate Production Functions: Form and Measurement

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  3. Total Factor Productivity: Definition and Measurement

    Suggested Readings and Websites:

  4. Neoclassical Growth Models

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III-Addendum. MICROFOUNDATIONS ISSUES: CONSUMER BEHAVIOR ILLUSTRATIONS

  1. The Forward-Looking Consumption Hypothesis

    Suggested Readings and Websites:

  2. A Simple Flexible-Price IS-LM Model with Bonds and Wealth Effects

  3. Micro Modeling of Forward-Looking Consumer Behavior

  4. The Budget Deficit and Ricardian Equivalence

    Suggested Readings and Websites:

IV. EXPECTATIONS MODELING AND TIME INCONSISTENCY ISSUES

  1. Adaptive versus Rational Expectations

    Suggested Readings and Websites:

  2. Implications for Policy Choice Over Time

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VI. COORDINATION ISSUES

  1. Walrasian Equilibrium: A Benchmark of Coordination Success?

    Suggested Readings and Websites:

  2. Post-Walrasian Macroeconomics

    Suggested Readings and Websites:

  3. The New Keynesian Approach

    Suggested Readings and Websites on the Efficiency Wage Theory:

    Suggested Readings an Websites on New Keynesian Economics in General:

  4. Coordination Issues: More General Considerations

    Suggested Readings and Websites on Coordination Issues:

VI. INTERNATIONAL ASPECTS

  1. Exchange Rates

  2. Balance of Payments and the Mundell-Fleming Model

  3. New Directions

    Suggested Readings and Websites:

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