Jeffrey Frankel,

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API 120Macroeconomic Policy Analysis I

• Jeffrey Frankel,
• Harpel Professor of Capital Formation and Growth
• Harvard Kennedy School
• COURSE OVERVIEW

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• Teaching Fellow Tilahun Emiru
• Course Assistants Jing Zhao ________
• Faculty Assistant Minoo Ghoreishi, Belfer 505
  384-7329
• Lectures L140, Mon. Wed., 240-400 pm (
  Fri., 9/6/13)
• Review Sessions Fri., 840-1000 
  1010-1130 am, L140 
• Final exam Monday, Dec.16, 2 p.m.- 5 p.m.
• If you cant take the exam that day, or the
  mid-term, dont take the course.
• Grading Problem sets 25 (8 of them),
  mid-term exam 25 final exam 50.
• Who can take the course?
• MPA/IDs, for whom it is designed.
• One or two others, to whom I have given
  permission, and at their own risk.

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Class meeting guidelines

• The same expectations for classroom conduct
  reviewed in other MPA/ID classes apply here too.
  
• E.g., be on time.
• Use name placards.
• Fixed seating chart, same as in other classes.
• Drop boxes for all MPA/ID assignments
• on 2nd floor of Littauer behind the Forum Screen.
  
• Assignments must be turned in by 1pm on the day
  they are due.  
• Assignments will be returned via mail folders in
  the MPA/ID area.
• Problem set handouts will be placed at both
  sides of the classroom. 
• Lectures will start on time.

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• Topics
• Devaluation and the Trade Balance
• The Mundell-Fleming Model
• III. Money and Inflation
• IV. Purchasing Power Parity
• V. Small Open Economies
• VI. Exchange Rate Regimes
• VII. Integration of Financial Markets
• VIII. Exchange Rate Determination
• IX. Emerging Markets
• X. Portfolio Diversification

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APPENDIX 1 Overview of Models Assumptions
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Empirical Evidence
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Overview of Models and Assumptions (concluded)
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Appendix 2 Lectures by Topic
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Lectures by Topic (continued)
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Lectures by Topic (continued)