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Textbook:
Barro, Robert J., and Xavier Sala-i-Martin (2004), Economic Growth, 2/e, Cambridge, MA: MIT Press.
Romer, David (2001), Advanced Macroeconomics, 2/e, New York: McGraw-Hill.

Course Outline (Numbers in brackets show chapter numbers of Romer. B-S indicates Appendix of Barro-Sala-i-Martin.)
   1   April 8    Dynamic Optimization (1) [B-S]
   2   April 12   Dynamic Optimization (2) [B-S]
   3   April 15   Ramsey Model [2]
   4   April 19   Overlapping Generations Model (1) [2]
   5   April 22   Overlapping Generations Model (2): Budget Deficits [2]
   6   April 26   Budget Deficits and Fiscal Policy (1) [11]
   7   May 10    Budget Deficits and Fiscal Policy (2) [11]
   8   May 13   New Growth Models (1): Human Capital [3]
   9   May 17   New Growth Models (2): Research and Development [3]
   10   May 20   New Keynesian Economics (1) [6]
   11   May 24   New Keynesian Economics (2) [6]
   12   May 27   Unemployment (1) [9]
   13   May 31   Unemployment (2) [9]

Mid-term exam:    June 3