Principles of Macroeconomics
Eco 200-800
Ranjit S. Dighe Spring 2000
SUNY-Oswego MWF 10:20-11:15, in Lanigan 101

Week 1 lectures (Jan. 24-28)
Week 2 lectures (Jan. 31-Feb. 4)
Week 3 lectures (Feb. 7-11)
Week 4 lectures, including makeup lecture on U.S. economic institutions (Feb. 14-18)
Week 5 lectures (Feb. 21-25)
Week 6 lectures (makeup lecture plus March 3 lecture)
Week 7 lectures (March 6-10)
Week 8 lectures (March 13-17)
Week 9 lectures (March 27-31)
Week 10 lectures (April 3-7)
Week 11 lectures (April 10-14)
Week 12 lectures (April 17 & 21)
Week "12A" lecture:  makeup lecture on fiscal policy (posted April 25)
Week 13 lectures (April 24-28)
Week 14 lectures (May 3 & 5)

Problem Set 1 and the Solutions to Problem Set 1 were handed out in class.  In general, problem sets and solution sheets will be posted here on the web unless they contain graphs (which are hard to post on the web).
Problem Set 2
Solutions to Problem Set 2
Problem Set 3 (Case & Fair, Chapter 7: #1, 2, 5, 7, 9)
Solutions to Problem Set 3
Solutions to Problem Set 4
Problem Set 5
Solutions to Problem Set 5
Problem Set 6
Problem Set 7
Solutions to Problem Set 7 (minus the graphs)
Problem Set 8
Solutions to Problem Set 8
Problem Set 9 (distributed in class on Mon., May 1)
Solutions to Problem Set 9

Click here for the solutions to the first exam.
Click here for solutions to the second midterm exam (Fri., March 31).
Solutions and summary statistics for the third midterm exam (from Mon., May 1) are here.

Since April seems to have been "stock market month" in this course, I have posted an unpublished letter about the stock market, the Fed, and inflation, which I wrote to The Washington Post in response to an editorial of theirs.


What would 0% unemployment look like?  In Madison, Wisconsin right now, it looks pretty good, according to David Brooks in the March 5 New York Times Magazine.

Michael Lewis, author of the great Liar's Poker, also has a fine article in the March 5 New York Times Magazine, in which he describes a revolution in how workers are being paid and ties it in with the 1990s economic boom

Is the current economic expansion due to Bill Clinton, Ronald Reagan, or neither?  Economist Paul Krugman has an interesting take on it, in the Feb. 23 New York Times.

Personal computers have been around for about two decades, yet the computer-driven productivity revolution has just gotten underway in the past few years.  Why such a long time lag?  Krugman tackles this question as well, in the Feb. 20 N.Y. Times.

A fascinating column in Slate ( compares George W. Bush's presidential candidacy to a stock-market "bubble."

Some helpful links:

I taught this course in fall 1999 as well.  Here are that semester's syllabus and lecture notes just in case anyone might find them to be of use.

Lectures from fall 1999:

Last revised on 11-September-2001