4.5 — The Evolution of Modern Macroeconomics — Class Content
Overview
Readings
Required Readings
- Finish Ch.15 “The Development of Modern Macroeconomic Thought” in Landreth & Colander
Recommended Readings:
- “Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!”
- “Fight of the Century: Keynes vs. Hayek - Economics Rap Battle Round Two”
- “Game of Theories: The Keynesians,” MR University
- “Game of Theories: The Monetarists,” MR University
- “Game of Theories: Real Business Cycles,” MR University
- “Game of Theories: The Austrians,” MR University
- “Game of Theories: The Great Recession,” MR University
Questions to Help Your Reading
Slides
Below, you can find the slides in two formats. Clicking the image will bring you to the html version of the slides in a new tab. The lower button will allow you to download a PDF version of the slides.
You can type h to see a special list of viewing options, and type o for an outline view of all the slides.
I suggest printing the slides beforehand and using them to take additional notes in class (not everything is in the slides)!
Assignments
Participation/Discussion Board Posts Due 8 PM Fri Dec 2
This week’s graded discussion is worth 5 points, and can be a combination of discussion in class, and/or posts on the Blackboard Discussion Board by 8 PM this Friday December 2.
Tournament Votes
The first round of the Neoclassical division of the “Most Interesting Economist in History” tournament is live. Please post your votes in the discussion board.