Advanced Macroeconomics Theory Pdf

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Properties of Production Sets • Increasing/decreasing returns to scale can be incorporated into a production function 𝑓𝑓(𝑘𝑘, 𝑙𝑙) exhibiting CRS by using a transformation function 𝐹𝐹( ) 𝐹𝐹𝑘𝑘,𝑙𝑙= 𝑓𝑓(𝑘𝑘, 𝑙𝑙). The prerequisites for this course are 14. (2007) Models for dynamic macroeconomics, ch. Essentials of Game Theory: A Concise, Multidisciplinary Introduction Kevin Leyton-Brown and Yoav Shoham biology, psychology, economics, linguistics, sociology and computer science-among others. The required text for the course is Advanced Macroeconomics (4th edition) by David Romer which is. Knowledge, Information and Expectations in Modern Macroeconomics, chapter Imperfect Common Knowledge and the E ects of Monetary Policy. Tutorial: Hoang Van Khieu. Yellen, "A Near-Rational Model of the Business. Download PDF Introducing Advanced Macroeconomics book full free. 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Uribe, Martin and Stephanie Schmitt-Grohe (2017), Open Economy Macroeconomics, Princeton University Press. Access study documents, get answers to your study questions, and connect with real tutors for EC 450 : Advanced Macroeconomics Theory at Wilfrid Laurier University. Romer, Advanced Macroeconomics, any edition This is the standard first-year macro textbook, and it covers some of the topics we will cover. In modern macroeconomics, theory and empirics go hand in hand. The material bridges the gap between intermediate macro-economics and the core macroeconomic theory at the PhD level. David Romer's Advanced Macroeconomics, 4e, continues its tradition as the standard text and the starting point for graduate macroeconomic courses and helps lay the groundwork for students to begin doing research in macroeconomics and monetary economics. 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Terms offered: Spring 2020, Fall 2013, Spring 2013 This course explores some issues in advanced microeconomic theory, with special emphasis on game-theoretic models and the theory of choice under uncertainty. Advanced Microeconomic Theory covers the core microeconomics curriculum with a perfect balance between intuition and rigor. This link goes to the Wayback Machine's archived copy since the original site is offline. Economic Resources. Fall 2016. Syllabus - EconS 501 Class Slides: Consumer Preferences and Utility Demand Theory Demand Theory - Applications Production Theory Choice Under Uncertainty Subjective Probability Theory Alternatives to Subjective Probability Theory Perfectly Competitive Markets (Partial and General Equilibrium) Monopoly markets (and Price Discrimination). University of Minnesota. Essentially, as a critique of Keynesian-style macroeconomics which was built by analysing movements in aggregates (output, employment etc), the microeconomists believed that their approach to economics was valid and that macroeconomics was just an aggregate version of what the micro theory believed explained individual choice. Topics include evidence of short-run monetary. All papers have 4 credits Group B papers under semester IV: Advanced Econometrics-II (2(Th)+2 (P), Operations. 6 Explaining the nominal rigidities of macroeconomics for the short run 16 1. Publication Year 2005. Eggertsson and P. Macroeconomic theory with main emphasis on dynamic general equilibrium models. Then as output rises, the marginal cost increases. economic theory that informs all neoclassical models "Truly important and significant hypotheses will be found to have assumptions that are wildly inaccurate descriptive representations of reality, and, in general,the more significant the theory, the more unrealistic the assumptions" (Friedman, Essays in Positive Economics, p. high school math. Fall 2015. Introduction to Business Cycle Analysis · Seminar on Economic Theory: The exercises in this block deal with the concepts and methods relevant for the course,€ Advanced Macroeconomics Exercises. We’ll use information frictions and information choice as a way to reconcile standard theory with puzzling facts. 3 Long-Run Growth and Dynamics Theories and evidence on the determinants of long-run growth patterns. A series of formal models are used to present and analyze important macroeconomic theories. equations in macroeconomics, lying at the heart of advanced macroeconomic models, and it has abeautiful intuition. It should be studied with care by every would-be PhD economics student before taking any PhD macroeconomic theory courses, since macroeconomies are now routinely modeled as dynamic stochastic systems of intertemporally optimizing agents. Course Description. long term growth, the slowdown in productivity growth, and concerns about U. It is profound and comprehensive. romer david (2006) advanced. Formal models are used to present and analyse key ideas and issues. 01 for approximately 1% population growth and d ’0. Posts should be at least 500 and no more than 5,000 words. Macroeconomics II (Monetary), spring semester 2019. A series of formal models are used to present and analyze important macroeconomic theories. But too often our understanding is based on orthodox, dogmatic analysis. analytical framework in macroeconomics. 2 Rational Expectations in Macroeconomics The theory of rational expectations with applications to asset pricing, consumption and exchange rates. ADVANCED MACROECONOMIC THEORY TEXTBOOKS Main course references Blanchard, O. Includes end-of-section questions with answers Provides Matlab simulations on a freely-accessible website Offers framing summaries and explanations that increase. I find its progression from intermediate macroeconomics, through advanced macroeconomics, to the dynamic stochastic general equilibrium, which enables these diverse developments to be presented in a unified framework, to be particularly appealing. The Advanced Macroeconomics book is useful to policy makers, planners, industry and academicians. Economics 60202: Macro Theory II Advanced Macroeconomics, 3rd edition. 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Statistics, Faculty of Business and Economics, Monash University, Melbourne, Australia, 2014 – 2017. Download Torrent Macroeconomics Pdf EPub Free. The overall objective of the two Advanced Macroeconomics courses ECON 403 and ECON 402 is to provide an in depth understanding of modern macroeconomic theory. Share of capital in national income is about 1/3, so a ’1/3. Robert Petrunia Location: RB 1023 Time: MW 8:30 – 10:00 am Tutorial: F 10:30 – 11:30 am (RC3014). Equity Market: An Introduction. Romer presents the major theories concerning the central questions of macroeconomics. 461 - Advanced Macroeconomics I Fall 2016 Syllabus. Cooper, Dynamic Economics: Quantitative Methods and Applications, 2003, The MIT Press. Advanced Macroeconomics - Advanced Macroeconometrics 14 - Business Cycles and Stabilization Policies 15 - Growth and Structural Changes 15 - International Macroeconomics 16 - Advanced Microeconometrics 12 Applied Public Economics - Public Economics 16 - Economics of Education 16 - Economics of Social Policies 17. 461 Advanced Macroeconomics I: Part 1: Search Theory Daron Acemoglu October 2005 1 Review of Dynamic Programming This is a very quick review of some key aspects of dynamic programming, especially those useful inthe context of searchmodels. Neo-Classical Economics is a form macroeconomic thought that was based on incorporation of rational expectation theory in the through 60s and 70s. Lambert Office: 532 PLC Phone: 346-4670 and images of these will be made available in PDF form for you to This course is a very demanding introduction to advanced microeconomics. 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Apply macroeconomic theory to analyse the potential of macroeconomic policy to improve economic welfare; Collaborate with others to present the content of a recent article on macroeconomics from a professional journal; Analyse macroeconomic material presented by the lecturer and other students; Explain contemporary issues in macroeconomics;. Marshall's Analysis of Supply 1. Woodford Michael. Advanced Microeconomic Theory Solutions Manual Jehle Reny pdf without experiencing any problems. equations in macroeconomics, lying at the heart of advanced macroeconomic models, and it has abeautiful intuition. The research project should include a substantial computational component and be. Real business cycle theory categorically rejects Keynesian economics and the real effectiveness of monetary policy as promoted by monetarism and New Keynesian economics, which are the pillars of mainstream macroeconomic policy. The term “value theory” is used in at least three different ways in philosophy. McGraw-Hill, 2018. Sanjay Rode has completed his PhD from Department of Economics, University of Mumbai in 2005. This is an advanced course on macroeconomics for students who have a good background in micro and macro theory, econometrics, and mathematical techniques for economic analysis. Intertempralo Choice opicT 3. Econ 202a, Macroeconomic Theory Pierre-Olivier Gourinchas and David Romer, University of California, Berkeley Materials from a one-semester 2014 course, including lecture handouts and problem set. (2) David Romer, Advanced Macroeconomics, 4th edition, McGraw-Hill, 2012 (available on-line as pdf file). Topics include both theory and estimation of job search, matching, dynamic discrete and continuous choice models of the labor market. Buying and Selling 2. intermediate macroeconomics. Inflation and monetary policy Matteo Readings Lecture notes will be made available via email. A solid theoretical-methodological background is essential for advanced studies in economics. Chapter 9 introduces dynamic modeling, applicable in advanced macroeconomics courses. Modelling economic dynamics. ECON 402 focuses on developments in New Classical and Real Business Cycle macroeconomics, while the emphasis in ECON 403 is on New Keynesian macroeconomics and its implications for. (3) Obstfeld and Rogoff, Foundations of International Macroeconomics , MIT Press, 1996. 4 Macroeconomic theory for the long run 11 1. Lectures, student discussions, and problem sets are designed to give students an advanced background in the essential elements of macroeconomic theory and policy in a world of interdependent nations. ECON 759: Advanced Macroeconomics Theory (PhD) MGST 611: Managerial Economics (EMBA) PPOL 615: Public Finance (MPP) Fall 2019 Semester: ECON 321: The Global Trading System (Undergrad) MGST 611: Managerial Economics (EMBA) Winter 2019 Semester: ECON 359: Intermediate Macroeconomics (Undergrad) ECON 621: Graduate International trade (MA/PhD). First, more emphasis is put on model building and formal backgrounds of economic models than in Bachelor. Kurs:Advanced Macroeconomics I (01268) Hol dir. Inflation and monetary policy (chapter 6. DOC Page 1 (of 3) 1a Markets, demand and supply 2016-11-26 Questions Microeconomics (with answers) 1a Markets, demand and supply 01 Price and quantity 1 Price Demand Supply. Room: BRYN 456; Time: MW 12:30-1:45pm. So if you have necessity to download Introducing solution manual introducing advanced macroeconomics pdf, in that case you come on to the loyal site. The level of rigor will. Macroeconomics. Course Objectives. Advanced macroeconomics (3rd edition). Pietro Peretto Econ 395: Advanced Macroeconomics (Growth) This reading list is divided in two parts. edu is a platform for academics to share research papers. University College Dublin, Advanced Macroeconomics Notes, 2020 (Karl Whelan) Page 1 Rational Expectations and Consumption Elementary Keynesian macro theory assumes that households make consumption decisions based only on their current disposable income. MIT Press, 3rd edition. ECON 434 Mathematical Economics ECON 401 Advanced Microeconomics ECON 402 Advanced Macroeconomics Faculty Cliff T. Topics include consumer/household behavior, the theory of the firm, resource allocation, welfare economics, and uncertainty theory. There we shall discuss the organization of markets and how they achieve efficiency. Advanced Macroeconomics, 5th Edition, April 2018. (Optional) Lars Ljungqvist and Thomas J. Lee, Neoclassical Microeconomics Lecture Notes, Part III, ch. 1 EC 411/511 (CRN 12860/12877): Advanced Micro Theory, Fall 2013 Mon, Weds @ 10:00am - 11:50am, 30 Pacific ADVANCED MICROECONOMIC THEORY Peter J. Focus on advanced economies g ’0. alternative perspectives on macroeconomics including monetarism, new classical equilibrium models, rational expectations, and real business cycle models; 2. 00 Add to cart; Sale! Solution Manual for Managerial. Institut für Theoretische Volkswirtschaftslehre Makroökonomik Basic Macroeconomic Models Pli i i (1)Preliminaries (1) Macroeconomics: two defining characteristicsMacroeconomics: two defining characteristics studies the economic interactions in society as a whole aimsataims at understanding empirical regularitiesunderstanding empirical regularities in the behavior of aggregatein the behavior. ] 1Columbia University. Budget deficits and fiscal policy (chapter 7. 16 videos Play all Intro to Advanced Macroeconomic Analysis (IAMA) - M. (A) "Methods of Macroeconomic Analysis" The prep course "Methods of Macroeconomic Analysis". This banner text can have markup. Advanced Microeconomic Theory remains a rigorous, up-to-date standard in microeconomics, giving all the core mathematics and modern theory the advanced student must master. Instructor evaluation results can be found on IPB's website. Applied Microeconomics Consumption, Production and Markets This is a microeconomic theory book designed for upper-division undergraduate students in economics and agricultural economics. Master in International Economics & Public Policy (MIEPP) Lecturer: Klaus Wälde Tutorial: Jean Roch Donsimoni 1 Introduction. The first part is the main part of the course and goes in some detail into “Recursive Contract” theory and a few of its applications. I am also grateful to. This is an advanced course on macroeconomics for students who have a good background in micro and macro theory, econometrics, and mathematical techniques for economic analysis. ECON 5113 Advanced Microeconomics. Read Online Solutions Of Romer Advanced Macroeconomics Solutions Of Romer Advanced Macroeconomics Recognizing the artifice ways to get this books solutions of romer advanced macroeconomics is additionally useful. pdf Adv Econ Theory Prelim June 2009. The overall aim of this text is to provide a compact overview of the contributions that are currently regarded as the most important for macroeconomic analysis and to equip the reader with the essential theoretical knowledge that all advanced students in macroeconomics should be acquainted with. 122 Microeconomic Theory II and 14. This should motivate to learn the techniques, and makes it possible to apply the techniques in assignments. THE PROPENSITY TO CONSUME A3. For Lecture 16 to 30, see the website for Advanced Microeconomics II. & Economics, 472 pages. This course will focus on monetary economics, from foundational work to recent advances. GR5311 Economic Policy Analysis. Neo-Classical Economics. Lutz Hendricks - UNC - Department of Economics Econ520 - Advanced Macroeconomic Theory Spring 2017 - Prof. Growth theory is an important part of modern macroeconomics. Restriction: Graduate students only. Macroeconomics is about the U. Advanced Techniques in Macroeconomics I - UPF Advanced Macroeconomics Lectures Advanced Macroeconomics Exercises. The macro-principles textbooks don™t represent our -eld well. FREE Shipping. Organization Problem sets, announcements, etc. Amazon markets bound. 1) David Romer, Advanced Macroeconomics Lectures on. Room: 2507. L59 2000 339'. Free economics books on macroeconomics, microeconomics, industrial economics, management. The course is divided in two parts. 452 Economic Growth. Topics covered include real business cycle theory, New Keynesian theory, monetary policy, finance and macroeconomics, open economy models, and models of unemployment fluctuations. Statics and dynamics (Social sciences) I. (The most important omission is the fact that these notes do not cover dynamic macroeconomic models in any detail. 5 Real rigidities and the natural rate in macroeconomics for the long run 12 1. Eastern Economic Journal, 313. Tutorial: Hoang Van Khieu. economic theory. This paper provides a survey of the literature on trade theory, from the classical example of comparative advantage to the New Trade theories currently used by many advanced countries to direct industrial policy and trade. Download it once and read it on your Kindle device, PC, phones or tablets. Students need to have taken intermediate micro, intermediate macro, andeconom etrics at undergraduate level, as well as calculus, linear algebra, differential and difference equations. Advanced Macroeconomics Theory I, University of Missouri. General Examination in Macroeconomic Theory SPRING 2016 You have FOUR hours. If it available for your country it will shown as book reader and user fully subscribe will benefit by. Theory maintains that the aggregate economy operates perfectly competitively on both the demand side and the supply side. No econ background: I highly recommend Big Ideas in Macroeconomics: A Nontechnical View by Kartik Athreya. (3) Obstfeld and Rogoff, Foundations of International Macroeconomics , MIT Press, 1996. The goals are to gain a grasp of some of the main tools of modern macro research, and learn how macro models can be used to study economic problems. THE PROPENSITY TO CONSUME A3. introducing-advanced-macroeconomics-second-edition-solution-manual 1/5 PDF Drive - Search and download PDF files for free. Solow Model (week 1) Reading Materials: Romer, , Chapter 1 2. Advanced Macroeconomics I 01268. Sign in | Recent Site Activity | Report Abuse | Print Page | Powered By Google Sites | Recent Site Activity | Report Abuse | Print Page | Powered By Google Sites. Lectures, student discussions, and problem sets are designed to give students an advanced background in the essential elements of macroeconomic theory and policy in a world of interdependent nations. get the solutions of romer advanced macroeconomics link that we give here. The course is intended to achieve two objectives. 3 Macroeconomic theory for the short run 7 1. McGraw-Hill, 2018. This course will be based on a collection of papers that cover endogenous growth, business cycle theory, asset pricing, banking, and labor market theory. (For diploma-level revision. It presents an overview of the defining theoretical perspectives, concepts and methods that are central to the theory and practice of negotiation. The fifth edition of Romer s Advanced Macroeconomics continues its tradition as the standard text and the starting point for graduate macroeconomics courses and helps lay the groundwork for students to begin doing research in macroeconomics and. First, more emphasis is put on model building and formal backgrounds of economic models than in Bachelor. Advanced Macroeconomics Elective Courses Course Code: Course Title ECON 706 Applied Theories and Methods of Economic Development ECON 708 Advanced International Economics II ECON 712 Advanced Monetary Economics II ECON 714 Applied Agricultural Economics II ECON 716 Applied Natural Resources Economics II ECON 718 Advanced Financial Economics II. Recursive (dynamic programming) treatments and dynamic methods: Chris Edmond (NYU), Advanced Macroeconomic Techniques Jeremy Greenwood (Rochester), Lecture Notes on Dynamic Competitive Analysis. , will be posted on the course webpage in OLAT (go to https://olat. University College Dublin, Advanced Macroeconomics Notes, 2020 (Karl Whelan) Page 1 Rational Expectations and Consumption Elementary Keynesian macro theory assumes that households make consumption decisions based only on their current disposable income. Statics and dynamics (Social sciences) I. Real Business Cycle Theory 4. Introducing Advanced Macroeconomics available for download and read online in other formats. Economics 7344-1: Macroeconomic Theory II Spring 2018 Course Description and Objectives This course introduces some tools and cover topics of modern macroeconomics at the gradu-ate level. Preliminary (Comprehensive) Exam Archive, 2001-2010 Large number of written exam problems with answers. questions in macroeconomics and beyond. 1 Introduction: strategic interdependency In this section we study games with only two players. Most of the typical topics in macroeconomics are covered. 4 This Book 7 2 The Centralized Economy 12 2. to begin provide methodological tools for advanced research in macroeconomics. Recursive macroeconomic theory / Lars Ljungqvist, Thomas J. What is Macroeconomics about? Romer "Introduction" 2. Aims: The course will make you familiar with key concepts in modern quantitative macroeconomics and give students a thorough understanding of up-to-date research in a few selected topics. Free Download Macroeconomics Pdf. Electronic edition ISBN 978-1-61444-115-1. (2) David Romer, Advanced Macroeconomics, 4th edition, McGraw-Hill, 2012 (available on-line as pdf file). Pensioners do community work for free. Growth Theory (week 1-3) 1. Michele Boldrin Spring 2018 A Prime on Money and Growth Scope The purpose of this course is to introduce you to the current state of research on two topics: the theory of economic growth and the theory of money. Advanced Economic Theory (4 credits) This course consists of 3 modules: Topics in Microeconomic Theory; Topics in Macroeconomic Theory; and Topics in Development Economics. Lecture in Bogota Nov. This paper presents an update of the ranking of economics journals by the invariant method, as introduced by Palacio-Huerta and Volij, with a broader sample of journals. Access study documents, get answers to your study questions, and connect with real tutors for ECO 301 : Advanced Macroeconomics at University Of Miami. Students must be able to recognize theories and present arguments with precise examples. Department of Economics. Organization Problem sets, announcements, etc. An introduction to advanced topics in microeconomics that emphasizes the intuition behind assumptions and results, providing examples that show how to apply theory to practice. Course Purpose: This is a theory course. ECON 201: Introduction to Macroeconomics Final Exam December 13, 2013 NAME: _____ Circle your TA’s name: Arjada Samir Circle your section time: 11 a. Download PDF Introducing Advanced Macroeconomics book full free. Introducing Advanced Macroeconomics available for download and read online in other formats. Economics 314: Macroeconomic Theory (Spring 2020) Economics 321: Economics of Reed College ; Economics 341: Monetary and Fiscal Policy ; Economics 354: Economics of Science and Technology ; Economics 401: Special Topics: Advanced Macroeconomics (Fall 2007) Economics 454: Economic Growth. This banner text can have markup. McGraw-Hill/Irwin. Advanced Industrial Economics Solutions Manual Martin. While you have taken intermediate macro, most of Mishkin’s book is meant to be accessible to less prepared students. Course Outline Week 1 Optimal choices in a one-period macroeconomic model. 5 Preference. Intermediate Macroeconomics Practice Problems and Solutions – Second Edition – G. You will learn how to investigate macroeconomic data and use tools to test macroeconomic theory. ” Economica 15 (November): 243 – 253. This book represents a substantial makeover and extension of the course notes for intermediate macroeconomics which have been provided publicly on Eric Sims's personalwebsitefor several years. , McGraw-Hill. 14)issimplyWalras'lawforthismodel. intermediate macroeconomics. Best I can't be sure. Webster Lubin School of Business Pace University New York, NY Amsterdam Boston Heidelberg London New York Oxford Paris. About Macroeconomics by Mankiw. Measures of central tendency. Public: Open to all people with Internet access: MIT: Open to all people with a Kerberos account (Certificate required) Class: Open to enrolled students and others granted access by instructors. What has been missing is a relatively short introduction more advanced material relevant to AI and computer science. Recommended Textbooks: \Advanced Macroeconomics", 4th. c o m/Aus tin Keller Official Site Earn Your MBA From An Accredited University. Kasa Office Hours: Wed. 1 Introduction: strategic interdependency In this section we study games with only two players. Here is a reminder: We have a planner choosing consumption and capital accumulation for a (representative) consumer, solving the following problem s. Irving Fisher used this framework in his theory of interest developed in the 1920s. 3 the Structure of Economic data 5. [email protected] Other examples:. There will be three problem sets: First (due on 4/22, pdf, solutions) Second (due on 5/14, pdf, solutions) Third (due on 5/28, pdf, solutions) 4. 461 - Advanced Macroeconomics I Fall 2016 Syllabus. economic theory that informs all neoclassical models “Truly important and significant hypotheses will be found to have assumptions that are wildly inaccurate descriptive representations of reality, and, in general,the more significant the theory, the more unrealistic the assumptions” (Friedman, Essays in Positive Economics, p. Download Torrent Macroeconomics Pdf EPub Free. net, 4shared. McGraw-Hill Advanced Macroeconomics website. Sargent, Recursive Macroeconomic Theory, (3rd Edition, 2012) (Optional) David Romer, Advanced Macroeconomics, (4th Edition, 2011) Unless otherwise noted, readings listed below are required. Romer, Advanced Macroeconomics, any edition This is the standard first-year macro textbook, and it covers some of the topics we will cover. This is a course on advanced microeconomics. Driscoll Brown University and NBER1 December 21, 2003 1Department of Economics, Brown University, Box B, Providence RI 02912. This book represents a substantial makeover and extension of the course notes for intermediate macroeconomics which have been provided publicly on Eric Sims's personalwebsitefor several years. This course accounts for 70% of total grade of Advanced Macroeconomics. circuit theory, and Minskys financial fragility hypothesis. in the course Advanced Macroeconomics at the Department of Economics, University of Copenhagen. to begin provide methodological tools for advanced research in macroeconomics. Neoclassical economics is an approach to economics that relates supply and demand to an individual's rationality and his ability to maximize utility or profit. Semester 1, 2014. Schaum's outline of theory and problems of macroeconomic theory Schaum's outline series Author(S) Eugene A. Political Economic Realities of Today's Capitalism. Topics covered includes: Demand Curve, Demand and Budgets in Transportation, The Shape of Demand, Supply and Demand Equilibrium, Equilibrium in. Countercyclical Liquidity Premia. We’ll explore some of the latest research questions and theories designed to address those questions. - Permanent income theory with rational expectations - Empirical issues and puzzles - The role of uncertainty: precautionary savings - Intertemporal consumption and portfolio allocation General references Romer (2012) Advanced Macroeconomics, fourth edition, ch. Department of Economics. Welcome,you are looking at books for reading, the Advanced Macroeconomics, you will able to read or download in Pdf or ePub books and notice some of author may have lock the live reading for some of country. (HONOURS) ECONOMICS 22D - Advanced Macroeconomics 22 E - Money and Financial Markets specifically the courses on microeconomic theory, macroeconomic theory,. Phone (401) 863-1584, Fax (401) 863-1970, email:John [email protected]