The materials can be downloaded here.
The key reading for this topic is the survey paper by Clarida, Gali and Gertler (1999) JEL, on which the lecture is based.
In real life, to what extent is monetary policy conducted scientifically? How serious is the time inconsistency problem in developed countries such as the US? Check out Blinder (1997) and Bernanke&Mishkin(1997), both from JEP, for insights. I also expect you to have a good understanding of why a policy framework such as inflation targeting might be a good idea after having read the last paper.
*New* [9 Apri 09] Please check out this thought-provoking post by Mankiw, which is very relevant to what we are doing.
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