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
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BER Weekly
25 Apr 2025 Budget 3.0 loading; Trump starts to walk back tariff threats and Fed bullying (for now)This week was marked by policy reversals and clarifications both in SA and abroad, as policymakers confronted the consequences of their decisions. In the US, the administration softened its previously hardline stance on tariffs and downplayed earlier critiques of the US Federal Reserve (Fed). At home, SA’s National Treasury retracted its VAT increase...
Read the full issue
BER Weekly
25 Apr 2025 Budget 3.0 loading; Trump starts to walk back tariff threats and Fed bullying (for now)This week was marked by policy reversals and clarifications both in SA and abroad, as policymakers confronted the consequences of their decisions. In the US, the administration softened its previously hardline stance on tariffs and downplayed earlier critiques of the US Federal Reserve (Fed). At home, SA’s National Treasury retracted its VAT increase...
Read the full issue