Teaching
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
19 April 2021Last week’s data releases for SA and in particular the US bode well for the GDP growth outlook in 2021. In SA, the incoming data for 2021Q1 suggests that the GDP recovery continued in the first three months of the year, albeit that the growth momentum likely softened further. Nevertheless, relative to the start of the year when we expected a negative...
Read the full issue
BER Weekly
19 April 2021Last week’s data releases for SA and in particular the US bode well for the GDP growth outlook in 2021. In SA, the incoming data for 2021Q1 suggests that the GDP recovery continued in the first three months of the year, albeit that the growth momentum likely softened further. Nevertheless, relative to the start of the year when we expected a negative...
Read the full issue