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

30 March 2020
Late Friday night, Moody's downgraded SA's foreign and local currency sovereign credit rating to Ba1 - one notch below investment grade - following a scheduled ratings review. Tragically, SA also recorded its first COVID-19 deaths and cases surged to over 1 200 during the week.In financial markets, the SA Reserve Bank (SARB) announced it would start...

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Upcoming Seminars

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

BER Weekly

30 March 2020
Late Friday night, Moody's downgraded SA's foreign and local currency sovereign credit rating to Ba1 - one notch below investment grade - following a scheduled ratings review. Tragically, SA also recorded its first COVID-19 deaths and cases surged to over 1 200 during the week.In financial markets, the SA Reserve Bank (SARB) announced it would start...

Read the full issue