Course Description:
ECON320 focuses on macroeconomic theories of both the causes and consequences of fluctuations and business cycles, and on their implications for macroeconomic policy. The first part of the course focuses on the ideas and controversies involved in the development of the modern Keynesian framework. This framework was largely developed in the 40 years between 1936 and 1976, and has formed the basis for macroeconomic policy making in the last few decades. The second part of the course studies the more recent developments in macroeconomic theory following the 1976 Lucas critique: the implications of rational expectations, the development of the New Classical approach to business cycle analysis and the development of the New Keynesian framework. The course takes as given a good grasp of second year micro and macro. You are encouraged to ask questions both during lectures and in office hours.
链接是：
http://qed.econ.queensu.ca/pub/faculty/lloyd-ellis/econ320/320out.html
在那里，你可以下载下列论文：
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1. Introduction
*Mankiw, N.G. (1990), "A Quick Refresher Course in Macroeconomics," Journal of Economic Literature, vol. 28, pp.
1645-60.
*Laurence J. Christiano and Terry J. Fitzgerald. (1998) "The Business Cycle: It's still a puzzle", Economic Perpectives, p. 56-64.
2. Understanding Real Aggregate Data
Harchaoui, Kaci and Maynard (2001) "The Statistics Canada Productivity Program: Concepts and Methods", Appendix 1, Productivity Growth in Canada, Statistics Canada, Catalogue No. 15-204-XPE.
3. Mr. Keynes, Mr. Hicks and the Classics
J. R. Hicks (1937), "Mr. Keynes and the 'Classics'; A Suggested Interpretation," Econometrica, Vol. 5, No. 2. (Apr., 1937), pp. 147-159.
Samuelson, Paul A. (1939), "Interaction between the Multiplier Analysis and the Principle of Acceleration," Review of Economics and Statistics, vol. 21, pp. 75-78.
Keynes, John Maynard (1939), "Relative Movements of Real Wages and Output," Economic Journal, vol. 49, pp. 34-51.
4. Money and Business Cycles
*Christina Romer and David Romer (1989), "Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz," NBER Macroeconomic Annual, vol. 4, pp. 121-170.
Milton Friedman and Anna Schwartz (1963), "Money and Business Cycles," Review of Economics and Statistics (Supplement).
5. The Phillips Curve and the Neoclassical Synthesis
Milton Friedman (1968), "The Role of Monetary Policy," American Economic Review, March 1968, pp. 1-17.
Phelps, Edmund S. (1968), "Money Wage Dynamics and Labour Market Equilibrium," Journal of Political Economy, vol. 76, pp. 678-711.
6. Monetary Misperceptions and The Lucas Critique
Lucas, R. (1972), "Expectations and the Neutrality of Money," Journal of Economic Theory, vol. 4, pp. 103-124.
7. Rational Expectations and Monetary Policy
Kydland, F. and E. Prescott (1977) "Rules rather than Discretion: The Inconsistency of Optimal Plans," Journal of Political
Economy, vol. 87 (June), pp. 473-492.
8. Dynamic Theories of Consumption and Investment Behaviour
9. Dynamic Equilibrium: The Two-Period Economy
Gregor Smith (2000) "Dynamic Equilibrium Models I: Two Period Economics"
10. The Ramsey (Neoclassical Growth) Model
11. New Classical Business Cycle Theory
*Gary Hansen and Randall Wright (1992), "The Labour Market in Real Business Cycle Theory," Federal Reserve Bank of Minneapolis Quarterly Review, vol. 16. pp. 2-12.
McCallum, chapter 9 (pp. 192-196)
12. New Keynesian Business Cycle Theory
Romer, D. (1993) "The New Keynesian Synthesis" (in Symposium: Keynesian Economics Today), Journal of Economic Perspectives, Vol. 7, No. 1. (Winter, 1993), pp. 5-22.
