Teaching

Course materials and recitation notes from courses at the University of Minnesota.

Econ 3011: Intermediate Microeconomics

Office Hours: 2:00–4:00 PM Wednesdays, Hanson Hall 3-169, or by appointment.
Please refer to the course Canvas page for homework.

Econ 8108 (Mini 4)

• Recitation 5 Notes: Krusell-Smith + Approximate Equilibria
• Recitation 6 Notes: Two-Sided Lack of Commitment

Econ 8107 (Mini 3)

• Measure Theory Review
• Prof. Guvenen, “Macroeconomics with Heterogeneity: A Practical Guide”
  Discusses complete vs. incomplete markets. Very much worth reading!
• Stochastic Dynamic Programming
• Recursive Competitive Equilibria and Huggett Economy
• Midterm: Exam and Partial Solution Sketch
• Island Model: SLP Timing and closer to Prof. Chari’s Prelim Timing
  Credit to Yuta Maeda for helpful comments.
• Sustainable Equilibrium Notes
• Final Exam: Exam and Partial Q1 Solution Sketch

Econ 8106 (Mini 2)

• Problem Set 1
  Partial solution of Q4 on Alex Wurdinger’s website (Recitation 2).
• Recitation 1: Dynamic Programming Review
• Recitation 2: Household Aggregation
• Problem Set 2
  Guess and verify in Q1 is closely related to the exercise in my 8105 Recitation 6 notes. Q2 and parts of Q3 are covered on Alex Wurdinger’s website (8106 Recitation 1 and Recitation 3 notes, respectively). Q1 and Q2 are also discussed in Amol Amol’s Recitation 3 notes (website).
• Recitation 4: SLP and 2021 Midterm Example
  Thought on SLP notation (Fall 2023): Given that we often define a production function using the letter “F” (for example, F(k,n)), it might be a pedagogical improvement to define the one-period return function in SLP as r(x,y) rather than F(x,y). Here, the “r” could be thought of as standing for “return.” I think it can be confusing to see both a production function and the one-period return function denoted by “F.” This is also the notation that Ljungqvist-Sargent uses.
• Midterm Exam: Exam, Solution Sketch
• Problem Set 3
• Recitation 5/6 (fixed typos): TDCE/Ramsey
• Problem Set 4
• Final Exam: Exam, Q2 Solution Sketch

Econ 8105 (Mini 1)

• Recitation 1: Defining, Characterizing, and Calculating an Arrow-Debreu Equilibrium
• Recitation 2: Sequential Markets Equilibrium, Pareto Efficiency, and the Welfare Theorems
• Recitation 3: Pareto Efficiency, Welfare Theorems, and Production
• Recitation 4: Introduction to Dynamic Programming
• Recitation 5: Production with N Infinitely Lived Households
• Recitation 6: Steady States and Dynamic Programming Part 2 (with Guess and Verify Example); Python Value Function Iteration
• Recitation 7: Infinitely Lived and Two-Period OLG with N Types of Consumers