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Mankiw's Undergraduate Introduction to DSGE

  • 08-04-2009 01:08PM
    #1
    Closed Accounts Posts: 2,208 ✭✭✭


    Just something I found really interesting, vis-á-vis the change in undergraduate teaching: Mankiw is to include a new chapter in the 7th Edition of his Intermediate Macroeconomics text. It's a dynamic AD-AS model, which he intends as an extremely simplified introduction to DSGE. You can read the pre-published chapter here (from his blog). I feel for the incoming macro TA's :D.


Comments

  • Registered Users, Registered Users 2 Posts: 8,452 ✭✭✭Time Magazine


    Cool.

    Though those of us who went to real universities covered the dynamics of the AS-AD model in second year anyway ;)


  • Closed Accounts Posts: 2,208 ✭✭✭Économiste Monétaire


    I hope that wasn't a jibe at the glorious standards of your, soon to be, alma mater.


  • Registered Users, Registered Users 2 Posts: 8,452 ✭✭✭Time Magazine


    Not at all.

    Just its undergraduates :pac:


  • Closed Accounts Posts: 2,208 ✭✭✭Économiste Monétaire


    Blame the module coordinator and the teaching capacity of the tutors (:pac:), not the students. With a new HoS, hopefully there will be review of the content. Although, apparently, graduate Macro has no place to talk about standards :pac:.


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