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

26 Sep 2025 Free Weekly Review | Number 37 | 26 September
This report covers the key domestic and international data releases over the past week. The more comprehensive BER Weekly Review (Enhanced Version) includes a detailed discussion on the main economic events and developments over the past week, a summary of upcoming data (the week ahead) and the BER’s forecast for key economic indicators....

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BER Weekly

26 Sep 2025 Free Weekly Review | Number 37 | 26 September
This report covers the key domestic and international data releases over the past week. The more comprehensive BER Weekly Review (Enhanced Version) includes a detailed discussion on the main economic events and developments over the past week, a summary of upcoming data (the week ahead) and the BER’s forecast for key economic indicators....

Read the full issue