​My Notes and Materials (PDF)

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My Review Materials

(No need to do this in advance, but when we need this info, you'll know to find it here)

• AS-AD Basics: (PDF)

• Time Paths: (PDF​)

• "Hat Algebra": (PDF)

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Practice Problems: AS-AD and Time Paths Review

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Open Economy Basics

1. Open Economy National Income, BoP and Sudden Stops

2. Open Economy Loanable Funds (Hand written actual lecture notes)​

   • Practice Problems: Open Economy Basics​

   • Practice Problems: Open Economy Loanable Funds

   • Practice Problems: Sudden Stops

3. Notes with More Detail on Accounts and Definitions

   • National Income Accounting in Open Economies Pt 1​

   • National Income Pt 1 CA notes

   • National Income Pt 2 CA Analysis notes

   • National Income Pt 3 BOP notes

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Supply and Demand Analysis of Exchange Rates

• S&D Analysis of FOREX Pt 1: The Basics

• S&D Analysis of FOREX Pt 2: Advanced Analysis

• S&D Analysis of FOREX Pt 3: Fixed Exchange Rates

  • Practice Problems: Supply and Demand Analysis of Exchange Rates​

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Exam I: Tuesday, March 4  (Download Exam 1)

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Money and Monetary Policy in Open Economies

• Real Money Markets

• The FOREX Market and Interest Parity

• Real Money Markets, FOREX and Time Paths: Two Completed Examples

• Law of One Price, Exchange Rates and Purchasing Power Parity

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Flexible Exchange Rate Regime Analyses

 

NOTES: Assumptions on timing, announcements and beliefs

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• Practice Problems: Real Money Market Basics​

• Practice Problems: Real Money Market Analysis

• Practice Problems: FOREX Market Basics

• Practice Problems: Money Market and FOREX FLEX

• Practice Problems: Money Market and FOREX FIX

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Exchange Rate Regimes

• A Brief Intro to Exchange Rate Regimes

• Choosing Exchange Rate Regimes and OCA

• Detecting Exchange Rate Intervention

• The Role of Non-Tradables: Exchange Rate Overshooting in Flexible Exchange Rate Regimes​​

  • Practice Problems: Monetary Regimes​

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Fixed Exchange Rate Regime Analyses

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Fixed Exchange Rate Regimes

• Lecture Fixed E Part 1: Losing Control of M

• Lecture Fixed E Part 2: Losing Control of M (Continued)

• Video: Losing Control of M Part 1 S&D explanation

• Video: Losing Control of M Part 2 Money Market explanation

• Lecture Fixed E Part 3: M and R

• Lecture Fixed E Part 4: Balance of Payments Crises 

• Video: Balance of Payments Crises

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Sterilization

• Lecture Notes: Putting Money Into the Economy - Part 1 Basics​

• Lecture Notes: Putting Money  Into the Economy - Part 2 Gifts

• Lecture Notes: Putting Money Into the Economy - Part 3 Domestic Open Market Operations (OMO)

• Video: Putting Money Into the Economy (covers material in "Putting Money Into Economy Notes Parts 1, 2 and 3")

• Lecture Notes: Putting Money Into the Economy_ Part 4 International OMO

• Lecture Notes: Sterilization Part 1

• Video: International OMOs

• Video: Sterilization Part 1

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Two Examples: Changes in Domestic M and in Foreign M*

• Lecture Notes: Increase Domestic M Unant & Ant​

• Lecture Notes: Increase Foreign M Unant & Ant

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Old Country Report Examples:

• NOTE: These are just examples. They are all good, but I expect you to improve on these now that you'd seen past examples.

• 2005 Russia Report

• 2005 Spain Report

• 2007 Argentina Report

• 2018 Mexico Report and Presentation

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Exam II: DOWNLOAD HERE

Due Tuesday 4/23/2024

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