Slides & Notebooks
The slides below are available in three different versions: an HTML version (used in classes), an HTML long version (for quick reading), and a pdf version (students can add notes). They are used as supporting material in the theoretical sessions.
The active notebooks and some data files (csv files) are inside a zipped folder that can be downloaded by clicking on the link below. They are used in practical sessions (sometimes in theoretical ones as well).
To make things easy, keep all files in the same folder on your computer (or in the cloud).
The active notebooks cannot be run by the usual double-clicking. They can only be opened through the Pluto window (in Julia) and Marimo window (Python). So, we have to start Julia and Pluto (or Python and Marimo) in order to run them.
The static notebooks are HTML versions of the (active) notebooks. They can be opened simply by clicking on the link below. We can see their contents on a browser (Chrome, Mozilla, Edge, Safari, or any other) and navigate on the HTML file, but we can not change their contents.
1. Welcome to Julia & Pluto
Slides: \(~\) Presentation version \(~~\)RevealJS \(~~~,~~~\) Long version \(~\) Html-long \(~~~,~~~\) Long \(~\) Pdf version
Julia Notebooks: \(~~~~\) Julia static notebook \(~\) here \(~~,~~~\) active notebook \(~\) here
Python Notebooks: \(~~~~\) Python static notebook \(~\) here \(~~,~~~\) active notebook \(~\) here
2. Recap: Basic Statistics & Dynamic Processes
Slides: no slides for this entry, only the notebook below
Julia Notebooks: \(~~~~\) static notebook \(~\) here \(~~,~~~\) active notebook \(~\) here
Python Notebooks: \(~~~~\) static notebook \(~\) here \(~~,~~~\) active notebook \(~\) here
The steady-sate: static notebook \(~\) here
3. Business cycles: main problems & facts
Slides: \(~\) RevealJS version \(~~~\),\(~~~\) Html-long version \(~~~\),\(~~~\) Pdf version
Notebooks: no notebooks for this specific point.
For those that want to have a flavor of what macroeconomics is all about, you can read this article by Paul Krugman in the New York Times, February 8, 2023: \(~~\) Revisiting the Summer of Stagflation
In particular, see if you feel more inclined to favor Larry Summers’s dim view on inflation and unemployment (that containing inflation would require five years of 6 percent unemployment) or the more optimistic perspective of Paul Krugman: inflation seems to be rapidly coming down … and unemployment is [surprisingly] coming down as well.
Note. This article is made available here strictly for teaching purposes.
4. The Hodrick-Prescott filter (HP) & Impulse Response Functions (IRFs)
HP filter slides: \(~\) Html version \(~~~\),\(~~~\) Html-long version \(~~~\),\(~~~\) Pdf version
IRFs slides: \(~\) Html version \(~~~\),\(~~~\) Html-long version \(~~~\),\(~~~\) Pdf version
Julia Notebooks: \(~~~~\) static notebook \(~\) here \(~~,~~~\) active notebook \(~\) here
Python Notebooks: \(~~~~\) static notebook \(~\) here \(~~,~~~\) active notebook \(~\) here
5. Solving Rational Expectations models
Adaptive expectations slides: \(~\) Html version \(~~~\),\(~~~\) Html-long version \(~~~\),\(~~~\) Pdf version
Rational expectations slides: \(~\) Html version \(~~~\),\(~~~\) Html-long version \(~~~\),\(~~~\) Pdf version
Notebooks: no notebooks will be provided for this specific point. A notebook will be created during classes.
6. The simplest DSGE model
Slides \(~\) Html version
Slides \(~\) Html-long version
Slides \(~\) Pdf version
Active notebook \(~\) here
Exercise: Questions \(~\) here
Exercise: Solutions \(~\) here (not available yet)
7. The New Keynesian model
Slides \(~\) Html version
Slides \(~\) Html-long version
Slides \(~\) Pdf version
Slides: matrix representation \(~\) here
Active notebook \(~\) here
8. The Real Business Cycle model
Not covered due to lack of time.