Transcription of Lecture Notes in Macroeconomics
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Lecture Notes in Macroeconomics
Lecture Notes in Macroeconomics John C. Driscoll Brown University and NBER1. December 21, 2003. 1. Department of Economics, Brown University, Box B, Providence RI 02912. Phone (401) 863-1584, Fax (401) 863-1970, email:John web:http:\\. c \ jd. Copyright John C. Driscoll, 1999, 2000, 2001. All rights reserved. Do not reproduce without permission. Comments welcome. I especially thank David Weil, on whose Notes substantial parts of the chapters on Money and Prices and Investment are based. Kyung Mook Lim and Wataru Miyanaga provided detailed corrections to typographical errors.
Chapter 1 Money and Prices In Ec 207, there was scant reference to the fact that transactions needed a medium of exchange to be carried out. …
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