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{ Tag Archives } Economic

International Monetary Economics Lecture 2

This lecture builds on last week’s introduction to international monetary economics by introducing a basic macroeconomic framework based on national accounts, then moves on to contrast two ways of thinking about macroeconomic relationships–post-Keynesian and Neoclassical–and then finishes with the main workhorse model of monetary economics, IS-LM, which we extend slightly. Here are the lecture notes, [...]

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Debt, the destroyer of worlds?

EC6012 students should take a look at this article on debt and trade deficits, on how the US, with a very low savings rate, and already up to its eyeballs in debt, can experience an improvement in its trade deficit over 2009, mainly by printing money. Put these two charts from Mike’s post side by [...]

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International Monetary Economics Lecture 1

Here are the lecture notes in 2*2 format. Check out the course pack, and the course outline, on the course page, if you’ve not already done so. Here is the excel spreadsheet I mentioned in class-apologies for the messing with axes!
Readings
Robert Mundell. The International Monetary System in the 21st Century: Could Gold Make a Comeback?
Eduard [...]

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Practical Tips for Mathematical Modeling: Look first for Beauty

Here are the notes for tomorrow’s PhD student talk on beauty in mathematical modeling. I’ll bring a handout to class of other modeling tips also.

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Elderly Take Over!

This headline from the Irish Times, for some reason, gives me images of grannies in camouflage with AK47s and grenades storming the Dáil. The subject is ageing, and the effect an older population will have on economics, politics, and society. The UN Population Division has issued a report showing just how trends in the average [...]

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Budget 2010: Top Five things *not* to rant about

Get a more considered and data-heavy presentation of the key issues surrounding today’s crucial budget at Ronan Lyons’ blog and of course Irish Economy. Here’s a list of ten things Minister Lenihan has to get right.
Oddly, for me, I’d like to rein in the rant on this budget. It’s crucial we do so, because the [...]

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Economics for Business Lecture 23

Here are the lecture notes for the last lecture, and below is a recording of the lecture. Remember, email if you have questions, and good luck in the final exam. Thanks very much for attending lectures and giving me your feedback by text, email, twitter, and the old fashioned conversation. It’s been a blast.

Economics for [...]

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Economics of EU Integration Lecture 10

Image by Sarah Parrott via Flickr

A recording of lecture 10 is here.
Also, drop Darragh an email if you’d like to take a look at your problem sets, we won’t be handing them back.
A student asked for previous lecture slides (not the in-class handouts) in the 2*2 slide format, which I wasn’t too chuffed about, but [...]

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UL Students: Awesome.

This is why I love teaching at UL. Occasionally, you get emails like this one. A student in Economics for Business wrote me the following email after a rant in class asking why shouldn’t we double the ‘dole’ to increase consumption. Here’s her email to me, and my reply is below the fold.
Everytime we talk [...]

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Economics for Business Lecture 18

Get the lecture notes here, and a recording of the lecture is here.
From Michael Taft’s blog, which is excellent, here’s an interesting chart describing Ireland’s current situation and our policy choices in 5 weeks’ time.
The multiplier row I referred to in the lecture starts here and here, you can read the rest yourselves. The Ernst [...]

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