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M.I.T. Principles of Macroeconomics. 1995-2006

 

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

Problem Set 1  (Solutions)

Problem Set 2  (Solutions)

Problem Set 3  (Solutions)

Problem Set 4  (Solutions)

Problem Set 5  (Solutions)

Problem Set 6 (Solutions )

Problem Set 7 (Solutions )

Problem Set 8  (Solutions )

Problem Set 9 (Solutions)

Exams

Exam 1   (Solutions)

Exam 2 (Solutions)

Final Exam (Solutions not found)

Spring 1996
Professor Ricardo Cabellero

Exams

Exam 1 (Solutions)

Exam 2 (Solutions)

Final Exam (Solutions) [neither questions nor solutions found]

Fall 1996

Problem Sets

Problem Set 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions)

Problem Set 4 (Solutions)

Problem Set 5 (Solutions)

Problem Set 6 (Solutions)

Problem Set 7 (Solutions)

Problem Set 8 (Solutions)

Problem Set 9 (Solutions)

Exams

Exam 1 (Solutions)

Exam 2 (Solutions)

Final Exam (Solutions) [neither questions nor solutions found]

Spring 1997
Professor Ricardo Caballero

Home page

Problem Sets

Problem Set 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions)

Problem Set 4 (Solutions)

Problem Set 5 (Solutions)

Problem Set 6 (Solutions)

Problem Set 7 (Solutions)

Problem Set 8 (Solutions)

Problem Set 9 (Solutions)

Exams

Exam 1 (Solutions)

Exam 2 (Solutions)

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

Exam 1 (Solutions)

Exam 2 (Solutions)

Final Exam (Solutions)

Spring 1998
Professor Ricardo Caballero

Problem Sets

Problem Set 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions)

Problem Set 4 (Solutions)

Problem Set 5 (Solutions)

Problem Set 6 (Solutions)

Problem Set 7 (Solutions)

Problem Set 8 (Solutions)

Problem Set 9 (Solutions)

Exams

Exam 1 with Solutions

Exam 2, Parts I and II with Solutions

Exam 2, Part III (Solutions)

Final Exam 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

Syllabus and schedule

Problem Sets

Problem Set 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions)

Problem Set 4  (Solutions)

Problem Set 5 (Solutions)

Problem Set 6 (Solutions)

Problem Set 7 (Solutions)

Exams

Exam 1 (Solutions)

Exam 2 (Solutions)

Final Exam [neither questions nor solutions found]

Fall 1999
Professor Ricardo Caballero

Textbook: Olivier Blanchard, Macroeconomics

Course home page

Syllabus

Schedule

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

Problem Set 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions)

Problem Set 4 (Solutions)

Problem Set 5 (Solutions)

Problem Set 6 (Solutions)

Problem Set 7 (Solutions)

Problem Set 8 (Solutions)

Problem Set 9 (Solutions)

Exams

Exam 1 (Solutions)

Exam 2 with solutions

Final Exam  (Solutions)

Spring 2000
Professor Roger Brinner

Textbook: Olivier Blanchard, Macroeconomics(2nded).

Syllabus

Schedule

Problem Sets

Problem Set 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions)

Problem Set 4 (Solutions)

Problem Set 5 (Solutions)

Problem Set 6 (Solutions)

Problem Set 7 (Solutions)

Problem Set 8 (Solutions)

Exams

Exam 1 (Solutions)

Exam 2 (Solutions)

Final Exam (Solutions not found)

Fall 2000
Professor Ricardo Caballero

Textbook: Olivier Blanchard, Macroeconomics

Course home page

Syllabus

Schedule

Problem Sets

Problem Set 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions)

Problem Set 4 (Solutions)

Problem Set 5 (Solutions)

Problem Set 6 (Solutions)

Problem Set 7 (Solutions)

Problem Set 8 (Solutions) (Graphs)

Problem Set 9 (Solutions)

Exams

Exam 1 (Solutions)

Exam 2 (Solutions)

Exam 2, conflict (Solutions)

Exam 3 (Solutions)

Exam 3, conflict (Solutions)

Spring 2001
Professor Roger Brinner

Textbook: Olivier Blanchard, Macroeconomics(2nd edition)

Course home page

Syllabus

Schedule

Problem Sets

Problem Set 1 (Solutions)

Problem Set 2 (Solutions not found)

Problem Set 3 (Solutions not found)

Problem Set 4 (Solutions)

Problem Set 5 (Solutions)

Problem Set 6 (Solutions not found)

Problem Set 7 (Solutions)

Exams

Quiz #1 (Solutions)

Quiz #1 Conflict (Solutions)

Quiz #2 (Solutions, htm; Solutions, pdf)

Final Exam:  Book One (.doc); Book Two (.doc)

Fall 2001
Professor Ricardo Caballero

Textbook: Olivier Blanchard, Macroeconomics (2nded)

Syllabus

Schedule

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 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions)

Problem Set 4 (Solutions) (Graphs)

Problem Set 5 (Solutions) (Graphs)

Problem Set 6 (Solutions)

Problem Set 7 (Solutions)

Problem Set 8 (Solutions)

Problem Set 9 (Solutions) (Graphs)

Exams (note no final exam, three quizzes for 75% of grade)

Quiz 1 (Solutions)

Quiz 2 (Solutions)

Quiz 3 (Solutions)

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

Problem Set 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions)

Problem Set 4 (Solutions)

Problem Set 5 (Solutions)

Problem Set 6 (Solutions)

Exams

Quiz #1 (Solutions)

Quiz #2 (Solutions)

Quiz #3 (Solutions)

Fall 2002
Professor Huntley Schaller

Syllabus

Schedule

Readings

Recitations

Recitations by Samer HajYehia (PDF)
“Consumption and Housing” Recitation (PDF)
Class Notes Part 1 (PDF)
Class Notes Part 2 (PDF)

Problem Sets

Problem Set 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions)

Problem Set 4 (Solutions)

Problem Set 5 (Solutions)

Problem Set 6 (Solutions)

Problem Set 7 (Solutions)

Problem Set 8 (Solutions)

Exams

Quiz #1 (Solutions)

Quiz #2 (Solutions)

Quiz #3 (Questions and Solutions)

Spring 2003
Professor Olivier Blanchard

Textbook: Olivier Blanchard’s Macroeconomics, 3rd ed.

Course Home Page

Syllabus

Schedule

 REQUIRED READINGS:

 REVIEW ARTICLES:

 ADDITIONAL READINGS:

Problem Sets

Problem Set 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions)

Problem Set 4 (Solutions)

Problem Set 5 (Solutions)

Exams

Quiz #1 (Solutions)

Quiz #2 (Solutions)

Quiz #3 (Solutions)

Fall 2003
Professor Ricardo Cabllero

Textbook: Olivier Blanchard’s Macroeconomics.

Course Home Page

Syllabus

Schedule

Ha Yan Notes (zip)

Lectures

Lecture 1. Introduction

Lecture 2. Basic Definitions

Lecture 3. Basic Aggregate Demand Model

Lecture 4. Goods/Financial Markets

Lecture 5. Financial Markets (Cont.)

Lecture 6. IS-LM

Lecture 7. IS-LM (Cont.)

Lecture 8 (review)

Lecture 9. Open Economy

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)

Lecture 21. Growth (.ppt)

Problem Sets

Problem Set 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions)

Problem Set 4 (Solutions)

Problem Set 5 (Solutions)

Problem Set 6 (Solutions)

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.

Syllabus

Schedule

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 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions) [note: dated 3/17/03, but not same as problem 3 of Spring 2003]

Problem Set 4 (Solutions)

Problem Set 5 (Solutions)

Problem Set 6 (Solutions)

Exams

Quiz #1 (Solutions)

Quiz #2 (Solutions) (Graphs)

Quiz #3 (Solutions)

Fall 2004
Professor Richard Caballero

Textbook: Olivier Blanchard’s Macroeconomics, 3rd edition.

Course home page

Syllabus

Schedule

All course materials as zip file

Lectures

Lecture 1. Introduction

Lecture 2. Definitions and First Model

Lecture 3. Basic Aggregate Demand Model

Lecture 4. Financial Markets

Lecture 5. IS-LM (1)

Lecture 6. IS-LM (2)

Lecture 7. Open Economy

Lecture 8. Goods Market and Exchange Rate

Lecture 9. Review

Lecture 10. Open Economy IS-LM

Lecture 11. Mundell-Fleming

Lecture 12. Aggregate Supply

Lecture 13. Aggregate Supply and Aggregate Demand

Lecture 14. AD-AS and the Phillips Curve

Lecture 15. Phillips Curve

Lecture 16. Review

Lecture 17. Real Interest Rates/Open economy AD-AS framework

Lecture 18. Growth

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

Problem Set 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions)

Problem Set 4 (Solutions)

Problem Set 5 (Solutions)

Problem Set 6 (Solutions)

Exams

Quiz #1 (Solutions)

Quiz #2 (Solutions)

Quiz #3 (Solutions)

Spring 2005
Professor Olivier Blanchard

Textbook:  Olivier Blanchard, Macroeconomics, 3rd edition.

Course Home Page

Syllabus

Schedule

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

Problem Set 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions)

Problem Set 4 (Solutions)

Problem Set 5 (Solutions)

Problem Set 6 (Solutions)

Problem Set 7 (Solutions)

Exams

Quiz #1 (Questions and Solutions)

Quiz #2 (Solutions)

Quiz #3 (Questions and Solutions)

Fall 2005
Professor Francesco Giavazzi

Textbook:  Olivier Blanchard. Macroeconomics, 4th ed.

Course Material Folder

Syllabus

Schedule

Lectures. (Only last lecture found)

December 14. Using the book to understand the state of the U.S. economy

Problem Sets

Problem Set 1 (Solutions)

Problem Set 2 (Solutions)

Problem Set 3 (Solutions)

Problem Set 4 (Solutions)

Problem Set 5 (Solutions)

Problem Set 6 (Solutions)

Exams

Quiz #1 (Solutions)

Quiz #2 (Solutions)

Quiz #3 (Solutions)

Spring 2006
Olivier Blanchard

Textbook: Olivier Blanchard. Macroeconomics 4/E (2006)

Course home page

Syllabus

Schedule

Problem Sets with Solutions

Problem set 1

Problem set 2

Report of the President (B4)

Report of the President (B5)

Fed. Funds Rates

Japan (OECD)

Problem set 3

Problem set 4

Spreadsheet for SQ.1

Problem set 5

Problem set 6

ps6sq3.xls

Practice exercise for Chapter 20

Exams

Quiz #1 (Solutions)

Quiz #2 (Solutions)

Quiz #3 (Solutions)

 

Image:  Mr. Peabody (dog) and Sherman (boy) activating the original WABAC Machine.