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Macroeconomics Administrivia for April 14, 2014 J. Bradford DeLong Econ 2, Spring 2014, U.C. Berkeley

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Principles of Economics

Macroeconomics

Administrivia for April 14, 2014

J. Bradford DeLongEcon 2, Spring 2014, U.C. Berkeley

What We Are Doing This Week

• Finish Essentials, chapter 14 "Aggregate Demand and Aggregate Supply", 15 "Fiscal Policy”. Start chapters 16 and 17: “Money, Banking, and the Federal Reserve” and “Monetary Policy”

• M Apr. 14: The Lesser Depression

• W Apr 16: Supply and Demand /The Lesser Depression

• W Apr 16: Problem Set 5 due…

• W Apr 16: Problem Set 6 out…

• Further Reading:

• Aviva Aron-Dine et al.: The RAND Health Insurance Experiment, Three Decades Later

• CBO: Economic and Budget Outlook 2014

April 14: The Lesser Depression

• Administrivia

• Fiscal Austerity

• Monetary Orthodoxy

• Financial Paralysis

• Employment Hysteresis

• The Euro

• Doing Problems with AD-AS, etc…

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