Master's Macroeconomics

This course considers the major policy issues in macroeconomics and a number of contemporary topical issues from the perspective of developing countries. It combines theoretical and empirical considerations with policy approaches. The course outline divides into three sub-sections starting with the characteristics of developing countries and the nature of economic policy. This is followed by a number of major policy issues. In each case we analyse the issues from a theoretical and empirical perspective and investigate how these issues may be addressed by combinations of macroeconomic policies (mainly monetary, fiscal and trade policies). Occasionally we explore the interface between macro- and microeconomic policies. The final subsection deals with four topical contemporary issues.

Course instructors: Estian Calitz

Work programme

BER Weekly

22 September 2017
In the domestic section we unpack the latest decision by Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB). Against expectations for a cut, the MPC decided to keep the policy interest rate unchanged. Additionally, we look at the latest consumer inflation numbers from Statistics South Africa (Stats SA), which shows that August...

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