Messages - Page 2
Hint for Question 1 (c): Following an increase in wage (relative price of leisure in term of consumption), the expected wealth of the household will also increase. Here, the question asks you to explore the substitution effect of an increase in wage. Hence we need to isolate the effect of a change in the relative price of leisure by keeping the expected wealth constant. We do this by compensating(if wage decreases) or taxing (if wage increases) the household to make the household's expected wealth the same before and after the increase in wage.
For problem set 3, there is a typo in the decision rule stated question 2(b). Please refer to the updated version.
The second part of real business cycle lecture notes has been revised and posted to correct some typos.
Notes for the second part of matlab crash course have been posted. Question 1a Question 1b Question 2 Question 3, i-vi. Question 4
Lecture notes for the second part of real business cycle have been posted
Lecture notes for the first part of real business cycle have been posted. The second part will be posted soon.
The part of problem set 2 which will be covered in the seminar sessions next Wednesday and Thursday has been posted.
The part of problem set 2 which will be covered in the matlab sessions next Monday and Tuesday has been posted.
The 'notes' from the first seminar session.
Andreas Fagereng volunteered to be the contact student.
If time permits we will also solve this problem during the seminar sessions on Wed and Thu
The 'notes' from the first part of the Matlab crash course: mandag.m and tirsdag.m
The second part of the Matlab crash course has been moved to Mon Sept 18 1815-2000 and Tue Sept 19 1615-1800.
In addition to arkimedes student can log on to the following Unix servers: sokrates, aristoteles, ulrik, and pat.
Simple instructions for how to connect to a UiO Unix server and run Matlab can be found here .
For those who are using Google Calendar: Please send an email to econ4310@gmail.com if you'd like to add the course calendar to your own calendar.