1. © DEPARTMENT OF ECONOMICS UNIVERSITY OF OSLO ECON 3410/4410 International Macro and Finance Spring 2005 Some start-up remarks

2. © DEPARTMENT OF ECONOMICS UNIVERSITY OF OSLO Course pages on the internet: http://www.uio.no/studier/emner/sv/oekonomi/ECON4410/v05/ –Time and place, detailed reading list, –Official announcements of examination dates will be posted here –Click Lecture notes and handouts to attain the work page of the course. »Lecture plan »Lecture notes, data, »Copies of slides in pdf format » etc

3. © DEPARTMENT OF ECONOMICS UNIVERSITY OF OSLO The seminars The seminars start in week 5 (31/1 - 4/2) The exercise set will be available from the internet on Wednesday19th January. The two first seminars will take you through several “warm-up” exercises (theoretical and operational concepts, linear and log-linear model etc) Exercise 3-8 are meant to train you in the theory and methodology that make out the main content of the course (see for example next slipe for outline). Exercise 9, is an earlier exam question set. In addition: Optional introduction to PcGive ( in connection with ECON 4150).

4. © DEPARTMENT OF ECONOMICS UNIVERSITY OF OSLO Course-outline by topic 1.Introduction to dynamic models 2.Wage and price setting 3.Models of inflation and the macroeconomy 4.Financial markets and the macroeconomy 5.Monetary policy Follow link on homepage for detailed plan.

5. © DEPARTMENT OF ECONOMICS UNIVERSITY OF OSLO

6. © DEPARTMENT OF ECONOMICS UNIVERSITY OF OSLO The reading list Burda, M. and C. Wyplosz: Macroeconomics. A European Text, third edition. Oxford University Press (2001), Chap 9, 12-13, 15-17 and 19-20. Introductory Dynamic Macroeconomics. See home page: http://folk.uio.no/rnymoen/rnyteach.html Rødseth, A: Open Economy Macroeconomics. Cambridge University Press (2000). Chap. 1,3.1, 3.4, 10.1. The chapter by A. Rødseth, in Christiansen A. B, and J. F Qvigstad (eds) : Choosing a Monetary Policy Target. Scandinavian University Press (1997) See course page for details

7. © DEPARTMENT OF ECONOMICS UNIVERSITY OF OSLO Home assignment and exam Compulsory assignment Week 8 or thereabout There will be a limit on the lenght of the term paper, in terms of pages and/or words The paper will be not be marked, In May: 3 hour school exam, graded (A-F) Question will be in English, but you can write in English or Norwegian (Swedish/Danish)