Archive for the ‘402 Class News’ Category

Class News (402): Final Exam Info

May 1, 2009

I just finished writing/proofing the final exam.  It includes 100 true/false questions broken out as follows:

  • 60 questions asking you to analyze the impact of “X” (increase in money supply, taxes, deficit, etc.) in one of the various models.
  • 20 general questions from Barro 12-16 and SGM (based on on the extra-credit problem set).
  • 20 questions over Friedman and Schwartz, chapters 11-13

Class News (402): PS Answer Key

May 1, 2009

A new, complete version of the answer key to the extra credit problem set is now in the 402 Exam Locker.  It includes answers to the SGM questions.  I also edited the answers to the Barro questions.

Posted at 11:58 am Eastern

Class News (402): Problem-Set Answers

April 29, 2009

Answers to the first 6 questions on the extra-credit problem set (Barro questions) are now in the 402 Exam Locker.  Answers to SGM questions will be posted tomorrow.  Note: The answer key includes additional study notes that will be useful in final-exam prep.

Posted at 7:15 Eastern

Class News (402): FAQs

April 29, 2009

I have written answers to several questions on the problem set that repeatedly showed up in my inbox.  I added the sticky-price (menu cost) analysis from yesterday to this list of questions/answers.  You can find these FAQs in the 402 Exam Locker.

Posted at 10:13 am Eastern

Class News (402): Study Tips

April 28, 2009

I will not post study tips for the final exam.  All you need is the extra-credit problem set and F&S questions over chapters 11-13.

Posted at 2:48 Eastern

Class Notes (402): NK Model and Prices

April 28, 2009

I have received a number of emails from students confused because I said in class the New Keynesian model predicted a procyclical price level while Barro said it predicted a countercyclical price level.  You may stick with my explanation — which was intended to simplify things.   For a deeper understanding of the difference (as well as a more detailed discussion of my version), click here: sticky-price-model-and-the-price-level see the FAQs in the 402 Exam Locker.

Posted at 11:35 am Eastern Updated 4/29 at 10:15 am

Class News (402): Barro Slides Available

April 28, 2009

Slides for Barro chapters 12-16 are now in the 402 Exam Locker.  (Note: These are just the slides that came with the book.  I don’t think they anything to the book, but I have had several requests for them.)

Posted at 9:07 am CST

Class News (402): Final Exam FAQs

April 27, 2009

I  have received several similar questions about the final, so I thought it might be helpful to post them along with answers.

Question: The 402 End-of-Term post says the final exam for section 1 is on Monday, May 1st.  Did you mean Monday, May 4th?
Answer: Yes, it was a typo that has been corrected.  Sorry.

Question: There is material in Barro, chapters 12-16, we did not cover in class.  Is that fair game?
Answer: Anything in those chapters is fair game, but the probability of a question not addressed in the extra-credit problem set is low.

Question: The problem set contains two questions on the Solow Growth Model (SGM).  That material is not in Barro, chapters 12-16.  Will SGM questions be on the final?
Answer: I could ask something about the specific SGM questions on the problem set.  But apart from that, there will be no questions that do not come from Barro, chapters 12-16, and Friedman and Schwartz, chapters 11-13.

Posted at 9:28 am EDT

Class News (335/402): Extra Credits

April 23, 2009

Extra credit assignments for both classes are in the Exam Lockers.  Previous End-of-Term posts have also been updated.

Posted at 12:18 am EDT

Class News (402): End-of-Term Info

April 23, 2009

I wanted to post what I said in class about extra credits, the final exam, office hours, etc.

Final Exams
Section 1:  Monday, 5/4, 10:30 AM – 12:30 PM (in classroom)
Section 2:  Friday, 5/1, 6:00 – 8:00 PM  (in classroom)

Material Covered
Barro, Chapters 12-16 (2/3rds of exam)
Friedman & Schwartz, Chapters 11-13 (1/3rd of exam)

Objective (problem set/F&S study questions  serve as “study tips”)

Office Hours

  • Thursday, 4/23, 1 to 5 pm
  • Friday, 4/24, 9 am to noon, 1 to 5 pm
  • On-line (to answer reply to emails sent to both Bank and WU addresses) – Tuesday, 4/28, 1-5 pm and Thursday, 4/30, 1-5 pm

Extra Credits

  • Exam II corrections:  Due at final exam (hard copy), mandatory for those missing the exam,  satisfactory job earns a 100% quiz grade and curves of grades below 70 to 70.
  • Extra-credit problem set:  Solow Growth Model and Barro, chapters 12-16.   Note: To trim your workload, I created a problem set over both topics that is 25% less work than two.
    Here it is: 402-extra-credit_-barro-sgm_spring-2009.
  • Problem set due by 5 pm Wednesday, 4/29 (turned in to Luiggi, specifics to follow), graded Unsatisfactory/Satisfactory/Excellent, U = no credit, S = two 100% quizzes, E = four, 100% quizzes, answers posted Wednesday, 4/29, after 5 pm.

You may not take the final with the other section unless cleared to do so.  If you miss the Friday exam, you may take it Monday – if prepared to document your emergency.

Posted at 12:08 pm EDT Updated at 12:02 am EDT