Macroeconomics 208
Marek Kapička
Spring 2008




      This course studies micro-founded macroeconomic models. Concepts and tools from microeconomics will be applied to macroeconomic issues, including economic growth, credit markets, fiscal and monetary policies, current account determination. The topics will be presented and analyzed using simple mathematical models with emphasis on general equilibrium and intertemporal economic analysis. The primary goal of this class is to introduce some of standard tools, widely used in modern macroeconomics and necessary to understand articles both in the press and academic journals.
        There are two textbooks for this course:

     1. Macroeconomics, by Matthias Doepke, Andreas Lehnert, and Andrew Sellgren (henceforth, DLS),
     2. International Macroeconomics, by Stephanie Schmitt-Grohe and Martin Uribe (henceforth, SGU).
    
    The lectures will be held on Mondays and Wednesdays at 2pm-3:15pm in NH 2111. I will have office hours on Mondays and Wednesdays from 9 to 10 in NH 3052. I can also be contacted by email at mkapicka@econ.ucsb.edu. The teaching assistant for this class will be Erin Larive (larive@econ.ucsb.edu). The TA session will meet on Thursday 3:30-4:20 in Phelps 3523.




Readings