ECON370 (2025)

This website presents lectures for ECON370

Introduction

• Price Level Histories
• Inflation During French Revolution

Linear Dynamics: Finite Horizons

• Present Values
• Consumption Smoothing
• Tax Smoothing
• Equalizing Difference Model
• A Monetarist Theory of Price Levels
• Monetarist Theory of Price Levels with Adaptive Expectations

Monetary-Fiscal Policy Interactions

• Money Financed Government Deficits and Price Levels
• Some Unpleasant Monetarist Arithmetic
• Inflation Rate Laffer Curves
• Laffer Curves with Adaptive Expectations

Other

• References
• Execution Statistics