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 Apr 2025 Trump hits pause amid a trade race to the bottom
It’s been quite the week. Tariffs and Trump took centre stage on the global front, with a seemingly Saudi-engineered oil price slump playing second fiddle. At home, there still is uncertainty about the future of the Government of National Unity (GNU) – or rather, the DA’s participation in it....

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Upcoming Seminars

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

BER Weekly

11 Apr 2025 Trump hits pause amid a trade race to the bottom
It’s been quite the week. Tariffs and Trump took centre stage on the global front, with a seemingly Saudi-engineered oil price slump playing second fiddle. At home, there still is uncertainty about the future of the Government of National Unity (GNU) – or rather, the DA’s participation in it....

Read the full issue