ECON 3133:  Intermediate Macroeconomic Theory

Contact Information
Dr. Benjamin Keen
Associate Professor of Economics 
Office: 437 Cate Center One
Office Hours: M/W, 12:30pm-1:30pm and by appointment (virtual or in-person)
Email: ben.keen@ou.edu

Syllabus


Monday Wednesday
Week 01 January 16

Martin Luther King Jr. Day:  No Class



January 18

Economic Growth, Fluctuations, and Policy
Reading: Chapter 1
Homework Questions
Homework Answers 
Week 02 January 23

Measuring Economic Performance
Reading: Chapter 2
Homework Questions
Homework Answers
January 25

Unemployment, Job Creation, and Job Destruction
Reading: Chapter 3
Homework Questions
Homework Answers
Week 03 January 30

Long-Run Economic Growth
Reading: Chapter 4
Homework Questions
Homework Answers
February 1

Technology and Economic Growth
Reading: Chapter 5
Homework Questions
Homework Answers
Week 04 February 6

Fiscal and Monetary Policy in the Growth Model
Reading: Chapter 9, p. 239-248
Homework Questions
Homework Answers
February 8

Growth and the World Economy
Reading: Chapter 6
Homework Questions
Homework Answers
Week 05 February 13

Review for Midterm Exam #1
Exam Preparation Questions
Exam Preparation Answers

February 15

Midterm Exam #1
Formula Sheet: Exam #1


Week 06 February 20

Short-Run Fluctuations
Reading: Chapter 7


February 22

Short-Run Fluctuations (cont.)
Reading: Chapter 7
Homework Questions
Homework Answers
Week 07 February 27

Financial Markets and Aggregate Demand
Reading: Chapter 8, p. 189-211


March 1

Financial Markets and Aggregate Demand (cont.)
Reading: Chapter 8, p. 189-211
Homework Questions
Homework Answers
Week 08 March 6

The Adjustment Process
Reading: Chapter 8, p. 212-215; Chapter 9, pp. 221-231
Homework Questions
Homework Answers
March 8

Responding to Economic Fluctuations
Reading: Chapter 9, p. 231-239
Homework Questions
Homework Answers

March 13

Spring Break:  No Class


March 15

Spring Break:  No Class


Week 09
March 20

Consumption Demand
Reading: Chapter 10
Homework Questions
Homework Answers
March 22

Spending, Taxes, and the Budget Deficit
Reading: Chapter 13
Homework Questions
Homework Answers
Week 10 March 27

Review for Midterm Exam #2
Exam Preparation Questions
Exam Preparation Answers

March 29

Midterm Exam #2
Formula Sheet: Exam #2


Week 11 April 3

Investment Demand
Reading: Chapter 11


April 5

Investment Demand (cont.)
Reading: Chapter 11
Homework Questions
Homework Answers
Week 12 April 10

Foreign Trade and the Exchange Rate
Reading: Chapter 12
Homework Questions
Homework Answers

April 12
 
The Microeconomic Foundations of Price Rigidity
Reading: Chapter 15, p. 407-424
Homework Questions
Homework Answers
Week 13 April 17

The Monetary System and the Fed's Policy Rule
Reading: Chapter 14; Chapter 16, p. 437-444
 

April 19

The Monetary System and the Fed's Policy Rule (cont.)
Reading: Chapter 14; Chapter 16, p. 437-444
Homework Questions
Homework Answers
Week 14 April 24

Review for Midterm Exam #3
Exam Preparation Questions
Exam Preparation Answers

April 26

Midterm Exam #3
Formula Sheet: Exam #3


Week 15 May 1

Macroeconomic Policy in the World Economy
Reading: Chapter 18
Homework Questions
Homework Answers
May 3

Review for Final
Final Preparation Questions
Exam Preparation Answers


Formula Sheet: Final

Maintained by ben.keen@ou.edu
Last Modified:  January 12, 2023