Christophe Chamley e-mail

Office hours: 270, Bay State Road, Room 401, Wednesday 2-5pm (send a message before Wednesday).

TA: Chelsea Carter, office hours Friday 11-12:30pm (no office hour on 2/22).

For the reading material of the course, see the topic pages.


  • More classes so that more material can be covered.
  • More class participation would have been nice.
  • Too many readings. Can be more organized on exam schedules and assignments. Sometimes the assignments are clueless for students.
  • Extremely disorganized, it is not at all clear from the syllabus or from him when assignments will be posted or when they will be due. Not enough warning in advance when an assignment will be due for the next class. The syllabus is not clear and rarely followed, a second midterm was added with only two weeks notice beforehand. The grading structure is not always clear.
  • Wish that there was more clear organization from the very start of class when assignments would be due or how many exams would be given.
  • Lack of planning of the assignments and clear understanding of what the expectations were.
  • Very very disorganized - impossible to follow in class. Hard to understand explanation. Exams are almost unrelated.
  • This course is very flexible so at the same time, it would be better if it's more organized.
  • Assignment can be confusing


  1. Read p. 567-576 in 
    • Chamley, Christophe (2011). “Interest Reductions in the Politico-Financial Nexus of 18th Century  England,” The Journal of Economic History, Vol. 71, 555-589
    • The rest of the article is optional but it may be useful to browse the introduction. 
  2. Do the following assignment 6 (deadline Monday, April 22, 6pm). Answers.


  • Antipa, P. and C. Chamley (2019). "Regimes of Fiscal and Monetary Policy in England  during the French Wars (1793-1821)," mimeo. READ P. 1-34 and prepare questions on points that you don't understand. (That is is the assignment for this class).


  • Mid-term 1 with answers.
  • The text of MT2 in the previous class is unsuitable for this one. Here is the final of the previous class. 
  • MT2 with answers (hints).

LECTURE NOTES (and slides)

All lecture notes put here for easy access. Some material has not been written in lecture notes. For this material, the notes are replaced by slides. For the material of the lecture notes, additional slides have been distributed in class. They are not posted here

These notes are complemented by the readings (some of them required) that are listed in the pages on the right.