This is an archived course. A more recent version may be available at ocw.mit.edu.

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Exams

Each quiz was 1.5 hours long, consisted of multiple choice and calculation questions, and covered the material since the last quiz.

IS-LM = Investment Saving-Liquidity preference Money supply

AS-AD = Aggregate Supply-Aggregate Demand

EXAMS TOPICS FILES SOLUTIONS
Quiz 1

Consumption with borrowing constraints

Technological change and the labor market

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Quiz 2

IS-LM with liquidity trap

AS-AD model

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Quiz 3

2-period consumption model

Open economy

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