Aims and objectives

This course aims to bring you up to date with modern developments in macroeconomics and to help you analyze the macroeconomic issues of the day.

Learning outcomes

At the end of the course having completed the essential reading and activities, you should be able to think about and give answers to key macroeconomic questions, for example:

• What are the forces that drive long-term prosperity?

• Is a growth slowdown in emerging economies inevitable?

• Why are real interest rates so low?

• What causes bubbles in financial markets?

• Does the government have a budget constraint?

• How does the labor market respond to structural change and shifting
employment patterns?

• What is the role of banks and why are they inherently fragile?

• Is it a good idea for central banks to set up new digital currencies?