
Notes and exercises
Various notes on the curriculum and exercises
Exercises
For April 10: On the simple stickywage MIU model
NotesOn the steady state of the simple CIA model of Walsh (2010).
Technical notes to Walsh (2010), Chapter 6 (accompanies slides of March 29)
Optimal monetary policy in the Barro and Gordon model (accompanies slides of April 12) Tecnical notes to Walsh (2010), Chapter 11 (accompany slides of April 19)
Henrik Jensen (2011): Optimal InterestRate Setting in a Dynamic IS/AS Model (Teaching note for May 3)
Old exam setsGo here (opens new window) for the collection of previous exam sets and suggested solutions. Note that the exam in 2006 was "open book" and therefore slightly harder than the earlier exams. Hence, the exams in 2003, 2004, 2005, 2007, 2008, 2009, 2010 and 2011 are the most representative for the exam of this course. Note, however, that all these exams, except the 2010 and 2011 ones, were 4hour exams. This year we again have a threehour exam. Also note that Walsh's book from 2010 an onwards is a new version, so there are some variations. I noted that the 2003 exam is a weird version of the set. So here it is (pdf, 70 Kb) 