An earlier post provided links to assorted course materials for Principles of Microeconomics (14.01) taught at M.I.T. from 1994 to 2005.
Perhaps my productivity as an internet archive scavenger has simply improved with practice, but I suspect that the instructors and their teaching assistants for Principles of Macroeconomics (14.02) from 1995 through 2006 at M.I.T. were simply better organized in keeping copies of their syllabi, problem sets, exams etc. available for later cohorts. Anyhow, today I provide the results of several days of trolling (in a good way) the Wayback Machine internet archive for a decade long window spanning the most recent turn of a century.
Below you will find syllabi, class schedules, problem sets and solutions, exams and solutions plus links to lecture slides and supplementary readings where found.
Fall 1995
Professor Olivier Blanchard
Problem Sets
Exams
Final Exam (Solutions not found)
Spring 1996
Professor Ricardo Cabellero
Exams
Final Exam (Solutions) [neither questions nor solutions found]
Fall 1996
Problem Sets
Exams
Final Exam (Solutions) [neither questions nor solutions found]
Spring 1997
Professor Ricardo Caballero
Problem Sets
Exams
Final Exam (Solutions) [neither questions nor solutions found]
Fall 1997
Professor Paul Krugman
Problem Sets
Problem Set 1 (Solutions) [questions not found]
Problem Set 2 (Solutions) [questions not found]
Problem Set 3 (Solutions) [questions not found]
Problem Set 4 (Solutions) [questions not found]
Problem Set 5 (Solutions) [questions not found]
Problem Set 6 (Solutions) [questions not found]
Problem Set 7 (Solutions) [questions not found]
Problem Set 8 (Solutions) [questions not found]
Problem Set 9 (Solutions) [neither questions nor solutions found]
Exams
Spring 1998
Professor Ricardo Caballero
Problem Sets
Exams
Exam 2, Parts I and II with Solutions
Fall 1998
Professor Paul Krugman
For this term we have a cornucopia of material that includes lecture slides and handouts along with syllabus, reading assignments, problem sets and examination questions with solutions. This material has been put together for an earlier post.
Spring 1999
Roger Brinner
Textbook: Olivier Blanchard, Macroeconomics
Problem Sets
Exams
Final Exam [neither questions nor solutions found]
Fall 1999
Professor Ricardo Caballero
Textbook: Olivier Blanchard, Macroeconomics
Lecture Slides
September 8 — Chapter 1: Tour of the World
September 13 — Chapter 2: Economic Data
September 15 — Chapter 2 and 3: Economic Data and the Goods Market
September 20 — Chapter 3 and 4: The Goods Market and Dynamics
September 22 — Chapter 5: The Financial Market
September 27 — Chapter 5: The Financial Market and the Role of Banks
September 29 — Chapter 6: The Role of Banks and the IS-LM Model
October 4 — Chapter 6: The IS-LM Model
October 6 — Chapter 6 : Review of the IS-LM Model
October 13 — Chapter 11: Openness in Goods and Financial Markets
October 18 — Chapters 11 and 12: Openness in Goods and Financial Markets
October 20 — Chapter 12: Openness in the Goods Market
October 25 — Chapters 12 and 13: Open Economy IS-LM
October 27 — Chapter 13: Open Economy IS-LM
November 1 — Chapters 13, 14.4 and 14.5: Fixed Exchange Rates and Crises
November 3 — Review: a collection of old transparencies, not posted
November 8 — Chapter 15: The Labor Market
November 10 — Chapters 15 and 16: Aggregate Supply and Demand
November 15 — Chapter 16: Aggregate Supply and Demand
November 17 — Chapter 16: Shifting the AS-AD
November 22 — Chapter 17: The Phillips Curve
November 24 — Chapters 18 and 19: Disinflation and Real Interest Rates
November 29 — Chapter 19: Inflation, Real Interest Rates and Exchange Rates
December 1 — Chapters 19, 22 and 23: AS-AD with Fixed Exchange Rates; Growth
December 6 — Chapters 22 and 23: Growth; Review I
Problem Sets
Exams
Spring 2000
Professor Roger Brinner
Textbook: Olivier Blanchard, Macroeconomics(2nded).
Problem Sets
Exams
Final Exam (Solutions not found)
Fall 2000
Professor Ricardo Caballero
Textbook: Olivier Blanchard, Macroeconomics
Problem Sets
Problem Set 8 (Solutions) (Graphs)
Exams
Spring 2001
Professor Roger Brinner
Textbook: Olivier Blanchard, Macroeconomics(2nd edition)
Problem Sets
Problem Set 2 (Solutions not found)
Problem Set 3 (Solutions not found)
Problem Set 6 (Solutions not found)
Exams
Quiz #2 (Solutions, htm; Solutions, pdf)
Final Exam: Book One (.doc); Book Two (.doc)
Fall 2001
Professor Ricardo Caballero
Textbook: Olivier Blanchard, Macroeconomics (2nded)
Lecture slides
September 5 — Chapter 1: Tour of the World
September 10 — Chapter 2: Tour of the Book
September 12 — Chapter 3: The Goods Market
September 19 — Chapter 3: The Goods Market (continued)
September 24 — Chapter 4: Financial Markets
September 26 — Chapter 4: Financial Markets (continued)
October 1 — Chapter 5: The IS-LM Model
October 3 — Review Session
October 10 — Chapter 18: The Open Economy
October 15 — Chapter 19: The Goods Market in an Open Economy
October 17 — Chapter 20: Output, the Interest Rate and the Exchange Rate
October 22 — Chapter 20: Output, the Interest Rate and the Exchange Rate (continued)
October 24 — Chapter 21.2: Exchange Rate Crises
October 29 — Chapter 6.3-6.4: Building the Aggregate Supply: The Labor Market
October 31 — Chapter 6.5-7.1: Building the Aggregate Supply (continued)
November 5 — Chapter 7.1-7.3: Aggregate Demand and Aggregate Supply
November 7 — Review Session
November 14 — Chapter 7.4-7.7: AD-AS, Canonical Policy Shocks
November 19 — Chapter 8: The Phillips Curve
November 21 — Chapter 9: The Phillips Curve and the Natural Rate
November 26 — Chapter 14.1, 14.3-14.4: Nominal and Real Interest Rates
Chapter 21.1: Open Economy AS-AD
November 28 — Chapter 13.1-13.2: Productivity Growth in AD-AS. Chapter 10: Growth – The Facts
December 3 — Chapter 11.1-11.2: Growth – Saving, Capital Accumulation and Output
December 5 — Review
Problem Sets (best seven of nine for 25% of grade)
Problem Set 4 (Solutions) (Graphs)
Problem Set 5 (Solutions) (Graphs)
Problem Set 9 (Solutions) (Graphs)
Exams (note no final exam, three quizzes for 75% of grade)
Spring 2002
Professor Roger Brinner
Lectures
February 06: Course Objectives and Introductions
February 11: The Policy Tradeoff: Unemployment vs. Changes in Inflation
February 13: The Fiscal Policy
February 19: National Income Accounts and the Government Budget
February 20: Core Growth Theory
February 25;&27: Basic Econometric Tools Used in Macroeconomics
March 1: Basic Econometric Tools Used in Macroeconomics- Handout
March 06: IS-LM Introduction
March 08: Aggregate Supply and Demand
March 11: Review
March 13: Review
March 18: Consumer Spending & House Demand
March 20: Business Investment
April 01: Foreign Trade & Exchange Rates
April 03: Inflation
April 08: Money Demand
April 10: Review by Prof. Brinner
April 17: Growth
April 22: Integrating IS-LM and the Modern Phillips
April 24: Fiscal Policy in the 1990s
April 29: International Growth & Crises
May 01: Stock & Bond Markets
May 06: Monetary Policy in the 1990s
May 08: Social Security and the National Debt
May 13: US Business Cycles: Experience vs. Theory
May 15: Review
Problem Sets
Exams
Fall 2002
Professor Huntley Schaller
Recitations
Recitations by Samer HajYehia (PDF)
“Consumption and Housing” Recitation (PDF)
Class Notes Part 1 (PDF)
Class Notes Part 2 (PDF)
Problem Sets
Exams
Quiz #3 (Questions and Solutions)
Spring 2003
Professor Olivier Blanchard
Textbook: Olivier Blanchard’s Macroeconomics, 3rd ed.
REQUIRED READINGS:
- Deflation: How big is the Danger?, from the Economist.com, Apr 21st, 2003
- Fix or Float?, from the Economist.com, Jan 28th, 1999
- The bigger Threat still lurking, from the Economist.com, Apr 10th, 2003
- The Price of Profligacy, from the Economist.com, Jan 23rd, 2003
- Global Economy: Searching for Good News, from the Economist.com, Apr 9th, 2003
- America’s Economic Policy: Taxing Times, from the Economist.com, Mar 27th, 2003
REVIEW ARTICLES:
- Greenspan’s Gloom, from the Economist, Apr 30th, 2003
- Further to Fall?, from the Economist, Apr 28th, 2003
ADDITIONAL READINGS:
- Managing the World Economy, by Kenneth Rogoff, Aug 3rd, 2002
- America’s Economy: Their guess is as good as yours, from the Economist.com, Mar 18th, 2003
- War and Iraq: Don’t look back, from the Economist.com, Mar 14th, 2003
- A Fiscal Train Wreck, by Paul Krugman, the New York Times, Mar 11th 2003
- Irking the right, from the Economist.com, Mar 6th 2003
- War and Iraq: the Economic Risks, from the Economist, Feb 20th, 2003
- More Discipline Needed, from the Economist.com, Feb 13th 2003
- America’s Economy, from Economist.com, Feb 7th 2003
- Iraq: The Economic Consequences of War, by William Nordhaus
- Is the Maestro a Hack?, by Paul Krugman, originally published in The New York Times, Feb 7 2003
- Deficits as far as the eye can see, Feb 4th 2003, from Economist.com, Feb 4th 2003
- A temporary setback?, Jan 30th 2003, from Economist.com, Jan 30th 2003
- The challenge of uncertainty, Jan 21st 2003, from Economist.com, Jan 21st 2003
- Thinking about life after Greenspan, Dec 10th 2002, from Economist.com, Dec 10th, 2002
Problem Sets
Exams
Fall 2003
Professor Ricardo Cabllero
Textbook: Olivier Blanchard’s Macroeconomics.
Lectures
Lecture 3. Basic Aggregate Demand Model
Lecture 4. Goods/Financial Markets
Lecture 5. Financial Markets (Cont.)
Lecture 8 (review)
Lecture 10. Goods Market in the Open Economy
Lecture 11. Goods Market and the Exchange Rate
Lecture 12. The Open Economy IS-LM (II)
Lecture 13. Exchange Rate Systems
Lecture 14. Building Aggregate Supply
Lecture 15. Aggregate Supply–Aggregate Demand
Lecture 16. Aggregate Supply, Aggregate Demand (cont.)
Lecture 17. AD-AS + The Phillips Curve
Lecture 18. Inflation and Unemployment
Lecture 19. Devaluations in an AD-AS framework (.ppt)
Lecture 20. Productivity growth (.ppt)
Problem Sets
Exams
Quiz #1 (Questions and Solutions)
Quiz #2 (Questions and Solutions)
Quiz #3 (Questions and Solutions)
Spring 2004
Professor Olivier Blanchard
Textbook: Olivier Blanchard’s Macroeconomics, 3rd edition.
Readings
Week of 2/9:
Article 1: “Easy Money” (The Fed and inflation)
Article 2: “Competitive Sport in Boca Raton” (Questions about the strength of the dollar)
Week of 2/16:
Article 3: “Irrational Exuberance”
Article 4: Insanity in the Japanese stock market?
Article 5: The Unemployment Rate and Economic Health
Article 6: Soaring stocks in Southeast Asia
Article 7: Are the tech stocks back?
Week of 2/23:
Article 8: Macroeconomic performance in Germany
Week of 3/15:
Article 9: Unemployment rates in Spain and Portugal
Week of 4/5:
Article 10: Economic Recovery in the U.S.
Week of 4/19:
Article 11: Chinese economic outlook
Article 12: U.S. economic outlook
Article 13: Interest rates in the US
International Monetary Fund’s semi-annual report
Week of 5/3:
Reading (not required): Overview of Argentina
Problem Sets
Problem Set 3 (Solutions) [note: dated 3/17/03, but not same as problem 3 of Spring 2003]
Exams
Fall 2004
Professor Richard Caballero
Textbook: Olivier Blanchard’s Macroeconomics, 3rd edition.
All course materials as zip file
Lectures
Lecture 2. Definitions and First Model
Lecture 3. Basic Aggregate Demand Model
Lecture 8. Goods Market and Exchange Rate
Lecture 10. Open Economy IS-LM
Lecture 13. Aggregate Supply and Aggregate Demand
Lecture 14. AD-AS and the Phillips Curve
Lecture 17. Real Interest Rates/Open economy AD-AS framework
Lectures 19 and 20. Solow model (apparently available in zipped files above)
Lecture 21. Technological Progress and Unemployment
Lecture 22. Expected Present Discounted Values
Lecture 23. Bond Prices and Yields
Problem Sets
Exams
Spring 2005
Professor Olivier Blanchard
Textbook: Olivier Blanchard, Macroeconomics, 3rd edition.
Lectures (only seven found)
Lecture 1 (Feb 2): Introduction and a Tour of the World (Ch 1)
Lecture 6 (Feb 22): The 2001 Recession
Lecture 20 (Apr 20): Open Economy (Ch 18)
Lecture 21 (Apr 25): Open Economy–The Goods Market (Ch 19)
Lecture 22 (Apr 27): Open Economy–The Goods Market (Ch 19)
Lecture 23/24 (May 2/4): Output, Interest Rate, and the Exchange Rate (Ch 20)
Lecture 25/26 (May 9/11): Exchange Rate Regimes (Ch 21)
Problem Sets
Exams
Quiz #1 (Questions and Solutions)
Quiz #3 (Questions and Solutions)
Fall 2005
Professor Francesco Giavazzi
Textbook: Olivier Blanchard. Macroeconomics, 4th ed.
Lectures. (Only last lecture found)
December 14. Using the book to understand the state of the U.S. economy
Problem Sets
Exams
Spring 2006
Olivier Blanchard
Textbook: Olivier Blanchard. Macroeconomics 4/E (2006)
Problem Sets with Solutions
Practice exercise for Chapter 20
Exams
Image: Mr. Peabody (dog) and Sherman (boy) activating the original WABAC Machine.
