Honours Macroeconomics

This module 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 module, 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 module 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 module, the student should be able to follow the bulk of modern macroeconomic research.

Module presenter: Gideon du Rand

Course outline

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BER Weekly

11 Jul 2025 Global trade risks resurface as SA faces new US tariffs
The US began issuing letters this week to announce new reciprocal tariffs, with South Africa among the first recipients. While President Donald Trump extended the implementation date to August 1, he warned that this would be the final delay. It was a quiet week on the data front, though South Africa’s stronger-than-expected factory output stood out...

Read the full issue
 

BER Weekly

11 Jul 2025 Global trade risks resurface as SA faces new US tariffs
The US began issuing letters this week to announce new reciprocal tariffs, with South Africa among the first recipients. While President Donald Trump extended the implementation date to August 1, he warned that this would be the final delay. It was a quiet week on the data front, though South Africa’s stronger-than-expected factory output stood out...

Read the full issue