We learn wisdom from failure much more than from success. We often discover what will do by finding out what will not do; and probably he who never made a mistake never made a discovery.

— Samuel Smiles (1816–1904)

Economics 302: Macroeconomic Analysis

Problem Sets

General Information:

Problem sets are an integral part of this course: they are designed to reinforce concepts from lecture, to extend your knowledge of certain concepts beyond lecture, and to apply these concepts to real-world data and situations. Directly, the problem sets are worth 12% of the overall course grade; indirectly, understanding the concepts and applications in the problem sets is essential to performing well on the exams. You are allowed to work with one other classmate and submit a single problem set.

Honor Code:

All work submitted for a grade in this course must be your own original work. As noted above, you may work with one other student enrolled in this course on the problem sets. Submitting the work of another person as your own would constitute plagiarism under Wesleyan's Honor Code, and will not be tolerated. If you have any questions about the application of the Honor Code, please contact me.

Schedule:

Below is the schedule for the problem sets. In general, you will have at least two weeks to complete a problem set. Please budget your time accordingly, as the problem sets are unlikely to be able to be completed (or completed well) overnight. All problem sets are due on Wednesdays: I prefer that you submit them at the beginning of class, but they must be placed in the Econ 302 slot in the alcove by 4 PM on Wednesdays. Late problem sets will not be accepted; neither will those submitted to the CA. Skipping class to work on a problem set is ill-advised.

   Date Assigned   Date Due 
Problem Set #1:  Wed, Jan 26 Wed, Feb 9
Problem Set #2:  Wed, Feb 9 Wed, Feb 23
Problem Set #3:  Wed, Mar 23 Wed, Apr 6
Problem Set #4:  Wed, Apr 6 Wed, Apr 20
Problem Set #5:  Wed, Apr 20 Tue,May 3