Advanced Macroeconomic Policy (Master's only)

This module considers the major policy issues in macroeconomics and a number of contemporary topical issues from the perspective of developing countries. It combines theoretical and empirical considerations with policy approaches. The course outline divides into three sub-sections starting with the characteristics of developing countries and the nature of economic policy. This is followed by a number of major policy issues. In each case we analyse the issues from a theoretical and empirical perspective and investigate how these issues may be addressed by combinations of macroeconomic policies (mainly monetary, fiscal and trade policies). Occasionally we explore the interface between macro- and microeconomic policies. The final subsection deals with four topical contemporary issues.

Module presenters: Estian Calitz, Gideon du Rand, Krige Siebrits and Dawie van Lill

Course outline

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BER Weekly

6 Jun 2025 SA GDP barely expands in Q1, while BCI and PMI suggest that Q2 remained weak
It was a busy week for local data releases, much of which painted a bleak picture of SA’s economy. Not only was first-quarter GDP growth dismal, but 2024 growth was also revised lower to just 0.5%. , The RMB/BER Business Confidence Index (BCI) showed sentiment remained shaky in the second quarter...

Read the full issue
 

BER Weekly

6 Jun 2025 SA GDP barely expands in Q1, while BCI and PMI suggest that Q2 remained weak
It was a busy week for local data releases, much of which painted a bleak picture of SA’s economy. Not only was first-quarter GDP growth dismal, but 2024 growth was also revised lower to just 0.5%. , The RMB/BER Business Confidence Index (BCI) showed sentiment remained shaky in the second quarter...

Read the full issue