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...Lecture notes in macroeconomics john c driscoll brown university and nber december department of economics box b providence ri phone fax email edu web http econ pstc jd copyright all rights reserved do not reproduce without permission comments welcome i especially thank david weil on whose substantial parts the chapters money prices investment are based kyung mook lim wataru miyanaga provided detailed corrections to typographical errors several classes students have suggestions remaining mine ii contents de nitions history demand for baumol tobin model dynamic general equilibrium discrete time continuous solving optimum quantity theory seigniorage hyperin ation cost problems nominal rigidities economic fluctuations old keynesian neoclassical synthesis open economy aggregate supply disequilibrium setup walrasian benchmark case exogenously fixed price wage both wages exible analysis this imperfect information models new contracting predetermined competition macroeconomic e ects iii iv co...