Improving economics teaching and learning for over 6 years.
Nominated and been as one of excellent teachers in ZUFE for the 2023-2024 school year (校优秀教师，2023-2024学年).
Presented at the teaching innovation competition in ZUFE [Innovation Report] [Slides] [iChat] (第四届教师教学创新大赛分获一、二等奖).
"This class will be rigorous, analytical, and theory-based. Familiarity and comfort using multivariable calculus and probability will be extremely useful. Do Not take this class if you feel uncomfortable with math." (Jennifer La'O)
More Figures
- The lower figure copied from our book "Advanced Macroeconomics Ⅱ: Economic Fluctuations and Monetary Policy" (Postponed).
- The upper figure copied from our working book "Advanced Macroeconomics 0 : Mathematical Fundamentals and Preliminary Analysis" (I acknowledge the financial support from College of WenHua, ZUFE).
More Lectures
Courses on Macroeconomics
Mathematical Economics Ⅰ&Ⅱ&Ⅲ (Autumn, 2021-2023; Spring, 2024)
Stages
- Bachelor (Autumn, 2021-2023) [Regular Class (Autumn, 2021-2023); Enrichment Class (Autumn, 2023)]
- Master (Spring, 2024)
Lecture Notes
References
- 高级宏观经济学0： 数理基础与解析初步 (TBA)
- Fundamental Methods of Mathematical Economics (C and Wainwright)
- Foundations of Economic Analysis (Paul A. Samuelson)
- Mathematical Methods for Economic Theory (Martin J. Osborne)
- Mathematics for Economics (Paul Schrimpf)
- Mathematics for Economists (Dieter Balkenborg)
- Mathematics for Economists (Mark Dean)
- Math Camp Notes (Joshua Wilde)
- The Structure of Economics: A Matematical Analysis (Silberberg and Suen)
- An Introduction to Optimization (Chong and Żak)
- An Introduction to Mathematical Analysis for Economic Theory and Econometrics (Corbae, Stinchcombe, and Zeman)
- Elements of Dynamic Optimization (Alpha C. Chiang)
- Analysis and Control of Dynamic Economic Systems (Gregory C. Chow)
- Dynamic Optimization (p.259 Continuous Time DP) (Kamien and Schwartz)
- 常微分方程 (变分最控的连续时间动态最优+连续时间动态均衡) (丁同仁 & 李承治)
- 常微分方程与偏微分方程 (...+动态最优：连续时间动态规划) (李俊杰 & 管志成)
Information Economics (In the plan)
References
- Digital Signal Processing (DSP) (Jeffrey Brokish)
- Optimal State Estimation (Dan Simon)
- Model-Based Processing for Underwater AA (Edmund J. Sullivan)
- Model‐Based Signal Processing (James V. Candy)
- A New Approach to Linear Filtering and Prediction Problems (R. E. Kalman)
Stochastic Analysis in Macro and Finance (Spring, 2023-2024)
Modules
- Discrete Stochastic Macroeconomic Dynamics (Week1-2, DENG Y-F)
- Elementary Stochastic Calculus for Finance (Week 3-10, JIN Ming)
- Continuous Stochastic Macroeconomic Dynamics (Week11-16, DENG Y-F)
Slides
- Lec0Stochastic Models vs. Deterministic Models in Macro and Finance
- Lec1 Measure Theory vs. Probability Theory
- Lec2 Random Variables vs. Stochastic Processes (Bayes' Rule vs. Kalman Filter)
- Lec3-6 Stochastic Analysis with Static Exogenous Information Structure (Brainard, 1967, AER; Morris and Shin, 2002, AER)
- Lec7-10 Stochastic Analysis with Static and Dynamic Exogenous Information Structure (Lucas, 1972JET, 1973, AER; Woodford, 2001wp, 2001NBER, 2002; Ui, 2019wp)
- Lec11-13 Stochastic Analysis from Exogenous Information Structure to Endogenous Information Structure (Maćkowiak and Wiederholt, 2006NBERwp, 2006Slides, 2009AER; Paciello and Wiederholt, 2011wp, 2014RES; Afrouzi and Yang, 2021wp; Miao et al., 2020wp, 2022Econometrica)
- Lec14-16 Stochastic Analysis from Rational Learning to Reasonable Learning (TBA)
References
- 金融随机分析十讲 (应坚刚)
- 随机分析及其应用 (丘成桐数学科学中心)
- 随机微分方程导论与应用(译本) (Bernt Karsten Øksendal)
- Real Analysis and Probability (Richard M. Dudley)
- Probability and Random Processes (Kannan Ramchandran)
- Introduction To Stochastic Processes (MITOCW)
- Introduction to Probability Models (Sheldon M. Ross)
- Applied Stochastic Analysis (Miranda Holmes-Cerfon)
- Applied Stochastic Analysis (ELV)
- A Brief Introduction to Stochastic Calculus (Martin Haugh)
- A Tutorial Intro to Stochastic Analysis and Its App (Ioannis Karatzas)
- An Introduction to Stochastic Calculus (Brian Keng)
- An Introduction to Stochastic Calculus (Valerie Han)
- Introduction to Stochastic Calculus (Agazzi and Mattingly)
- Introduction to Stochastic Analysis (Christopher Miller)
- Elementary Stochastic Calculus with Finance in View (Thomas Mikosch)
- Stochastic Calculus (Andrew Lin)
- Stochastic Calculus (Jeremy Quastel)
- Financial Engineering: Continuous-Time Models (Martin Haugh)
- Backward Stochastic Differential Equations in Finance (KPQ)
- Macroeconomic Model in Continuous Time (Benjamin Moll)
- Deleveraging and Housing in Continuous Time (Guido Lorenzoni)
- Continuous Time Models and Methods (Pontus Rendahl)
- Continuous-time Dynamics (Yulei Luo)
- Investment under Uncertainty (Ch3-4, Dixit and Pindyck)
- Time Series Analysis (Ch3.2-3.5, James Hamilton)
- Dynamic Programming and Stochastic Control (Dimitri P. Bertsekas)
- AIO (Stochastic Models in Discrete vs. Continuous time) (Klaus Wälde)
- Economic Dynamics in Discrete Time (Ch2-4, Janjun Miao)
- Analysis and Control of Dynamic Economic Systems (Gregory C. Chow)
- Macroeconomic Theory (2nd Ed. Ch7-, Thomas Sargent)
- Lectures on Macroeconomics (Ch5app.&Ch6, Blanchard and Fischer)
- Lecture Notes in Macroeconomics (Ch4.6, John Driscoll)
- Lecture Notes on Stochastic Macroeconomics (Tianxiao Zheng)
- Lecture notes on Stochastic Methods (D. Koutsoyiannis)
- The Structure of Economics: A M A (Ch13, Silberberg and Suen)
Advanced Macroeconomics Ⅰ&Ⅱ (Spring, 2019-2024)
Stages
- Bachelor (Spring, 2022)
- Master (Spring, 2019, 2020, 2021, 2022, 2023, 2024)
- PhD Programme (Spring, 2023, 2024)
Slides
- Lec1-2 Review of the AD-AS Model (Classic vs. Keynesian, Sargent, 1987, 2nd; Heijdra, 2017, 3rd)
- Lec3-4 The Solow Model without vs. with Money
- Lec5-6 The Ramsey Model without vs. with Money (Reis, 2007)
- Lec7-8 The OLG Model without vs. with Money
- Lec9-11 A Model with Perf-Infor REs and Norminal Rigidities ([RBC1, RBC2, RBC3, RBC4] vs. [DNK1, DNK2, DNK3, DNK4]; Siyi Sun's class notes on RBC1, DNK1, DNK2; Shuchen Chen's class notes on DNK1)
- Lec12-14 Equilibrium Solutions with Forward-Looking Expectations and Monetary Policy Rules
- Lec15-16 A Model with Perf-Infor REs and Norminal Rigidities (SP vs. SW)
Exercises
- Problem Sets and Solutions (MIT)
- Problem Sets and Solutions (John H. Cochrane)
- Problem Sets and Solutions (Donggyu Sul)
- Solution (Yanfei Deng) and Solution (Siyi Sun) to Problem Sets
References
- Monetary Policy, Inflation, and the Business Cycle: Intro to NK (Jordi Galí)
- Monetary Theory and Policy (Carl Walsh)
- Interest and Prices: Foundations of a Theory of MP (Michael Woodford)
- Macroeconomic Analysis (Fabio Bagliano)
- Macroeconomic Theory Ⅱ (David Aadland)
- M.A. Advanced Macroeconomics (Karl Whelan)
- Ph.D. Macro Ⅱ (Benjamin Griffy)
- Advanced Macroeconomics Analysis (Max Gillman)
- Advanced Macroeconomics: An Easy Guide (CSV)
- Introducing Advanced Macroeconomics: Growth and BCs (W-J and S)
- Dynamic Macroeconomics Ⅱ (Bent Sorensen)
- Monetary Economics and Business Cycles (James Hamilton)
- Foundations of Modern Macroeconomics (Ben Heijdra)
- Intermediate Macroeconomics (MITOpenCourseWare)
- Intermediate Macroeconomics (Garín, Lester, and Sims)
- Teaching Intermediate Macroeconomics using 3-Eq. (Carlin and Soskice)
- Lecture Notes on Macroeconomics (Karl Whelan)
- Lecture Notes for Business Cycles (Johannes Wieland)
- Zhiwei Xu's Lec Notes on Advanced Macroecon I (Solow, Ramsey, OLG)
- Victor Li's Class Notes on Advanced Macroecon I&Ⅱ (From Keynes to New Keynes) [iChat]
Advanced Macroeconomics Ⅲ (In the future)
References
- Macroeconometric Models (Władysław Welfe)
- Macroeconometric Modeling (Ray C. Fair)
- Structural Macroeconometrics (David DeJong and Chetan Dave)
- Quantitative Macroeconomics (Christian Zimmermann)
- Empirical Macro & Numerical Methods (Wouter J. den Haan)
- Bayesian Macroeconometrics (Negro and Schorfheide)
- Bayesian DSGE Models (Fei Tan)
Macroeconomics (Spring, 2023; Autumn, 2023)
Modules
- Local Students (with JIN Ming in Spring 2023)
- Foreign Students (with DONG Xue in Autumn 2023)
References
International Macroeconomics and Trade (In the future)
References
- Lec1-25 International Trade (MITOpenCourses)
- Lec1-18 International Trade and Economic Development (Thibault Fally)
- Foundations of International Macroeconomics (Obstfeld and Rogoff)
- Open Economy Macroeconomics (Uribe and Schmitt-Grohé)
- Note1a-8e International Monetary Economics (Chris Edmond)
- Open Economy Macroeconomics in Developing Countries (Carlos A. Végh)
Courses on Writing
Literature Reading and Review (Autumn, 2021-2023)
Stages
- Master (Autumn, 2021, 2022, 2023)
- PhD Programme (Autumn, 2023)
References
- Research and Writing Seminar (Eric Sims)
- Writing Tips for Ph.D. Students (John H. Cochrane)
- Teaching, Writing, and Oral Presentation (Miranda Holmes-Cerfon)
Elements and Application of LaTeX (Summer, 2019)
References
- Introduction to LaTeX (Jianyu Pan)
- ZUFE Thesis (ZUFE)
Courses on Econometrics
Introduction to Econometrics (Maybe next year)
Slides
- TBA
References
- 数理统计学讲义 (陈家鼎、孙山泽、李东风、刘力平)
- Introduction to Macroeconometric Models (Ray C. Fair)
- Slides (James Stock)
- Selected Students Resources (Mark Watson)
- Graduate Econometrics (James Hamilton)
Time Series Analysis (Taught in Autumn 2019, Updated in Spring 2024)
Slides
Lecture Notes
References
- Time Series Analysis (James Hamilton)
- Applied Econometric Times Series (Walter Enders)
- Time Series Analysis and Forecasting (David Aadland)
- Deep Learning in Time Series Analysis (Arash Gharehbaghi)
- Time Series for Macroeconomics and Finance (John Cochrane)
- Time Series Econometrics (Jacek Suda)
- Applied time series for macroeconomics (Bjørnland and Thorsrud)
Advanced Econometrics (A few years later)
References
- M.A. Advanced Econometrics (Karl Whelan)
- Bayesian Methods in Econometrics (James Hamilton)
- An Introduction to Bayesian Inference in Econometrics (Arnold Zellner)
- Efficient Estimation with A Priori Information (Thomas J. Rothenberg)