Honours Macroeconomics

This course considers the principal approaches used in modern macroeconomics to investigate business cycles and the long-term performance of market economies. In the first part of the course, business cycles and empirical business cycle models are considered (including the Mundell-Fleming and the dynamics of the current account are considered). This is followed by a session on monetary and fiscal policies. The second half of the course introduces the two major models of modern macroeconomics (Ramsey-Cass-Koopmans and Overlapping-Generations models) in the context of growth theory. At the end of the course, the student should be able to follow the bulk of modern macroeconomic research.

Course instructors: Monique Reid and Gideon du Rand

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BER Weekly

8 August 2022
Last week we received the first batch of SA activity data for July. As expected, intense load-shedding took its toll on the manufacturing sector. However, some of the other data was more positive. The international section provides an overview of the US nonfarm payrolls for July which saw employment surge back above pre-pandemic levels and the unemployment...

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Upcoming Seminars

No seminars are currently listed. Please check back soon.
 
More...

BER Weekly

8 August 2022
Last week we received the first batch of SA activity data for July. As expected, intense load-shedding took its toll on the manufacturing sector. However, some of the other data was more positive. The international section provides an overview of the US nonfarm payrolls for July which saw employment surge back above pre-pandemic levels and the unemployment...

Read the full issue