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

Work programme

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BER Weekly

18 January 2021
In short, last week’s local news headlines made for sombre reading. On the economic front, November manufacturing data surprised on the downside, although an upward revision to October’s print means that the sector is still on track for another sizeable positive contribution to quarterly GDP growth in Q4. The picture for Q1 is more muted after stage...

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Upcoming Seminars

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

BER Weekly

18 January 2021
In short, last week’s local news headlines made for sombre reading. On the economic front, November manufacturing data surprised on the downside, although an upward revision to October’s print means that the sector is still on track for another sizeable positive contribution to quarterly GDP growth in Q4. The picture for Q1 is more muted after stage...

Read the full issue