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

18 Jul 2025 Encouraging data, but messy politics while US tariff deadline looms
The big global data prints of the week came on Tuesday, with better-than-expected Chinese GDP growth for Q2 and US core CPI coming in lower than expected, but still (finally) reflecting some signs of tariffs being passed on to consumers. Locally, the uptick in mining production and retail sales was positive for Q2 GDP dynamics. In addition to the data,...

Read the full issue
 

BER Weekly

18 Jul 2025 Encouraging data, but messy politics while US tariff deadline looms
The big global data prints of the week came on Tuesday, with better-than-expected Chinese GDP growth for Q2 and US core CPI coming in lower than expected, but still (finally) reflecting some signs of tariffs being passed on to consumers. Locally, the uptick in mining production and retail sales was positive for Q2 GDP dynamics. In addition to the data,...

Read the full issue