| REC # | TOPICS | NOTES |
|---|---|---|
| 1 | Debt contracts, renegotiation | ( PDF) |
| 2 | Liquidity, bond markets, social optimum | ( PDF) |
| 3 | Bubbles: model, equilibrium, portfolio decisions | ( PDF) |
| 4 | Rational expectations equilibria, static and dynamic | ( PDF) |
| 5 | Final exam review |

