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

17 May 2024
This week was another poor showing on the local industrial data front, with internal trade data mixed. While we still see very subdued quarterly growth, there is an increased possibility that the economy may have stagnated or tipped into a contraction in 2024Q1 relative to 2023Q4. Policy was also in focus as President Cyril Ramaphosa signed the National...

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Upcoming Seminars

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

BER Weekly

17 May 2024
This week was another poor showing on the local industrial data front, with internal trade data mixed. While we still see very subdued quarterly growth, there is an increased possibility that the economy may have stagnated or tipped into a contraction in 2024Q1 relative to 2023Q4. Policy was also in focus as President Cyril Ramaphosa signed the National...

Read the full issue