The purpose of the course is to enable students to understand macroeconomic policy-making and to think systematically on macroeconomic policy issues. This will imply mastering several macroeconomic models and a number of instruments relevant for economic analysis. The course is mostly applied while based on a coherent theoretical foundation. The course will cover topics related with long-term growth, monetary policy, fiscal policy and macroprudential policy. Each topic will include a review of the available empirical evidence and of the institutional framework underlying macroeconomic policy decisions. Throughout the semester there will be a systematic discussion of contemporary macroeconomic developments and policy debates in class.

Master Program Prerequisites: Basic mathematical tools and an
introductory macroeconomics course

Undergraduate Program Prerequisites: Introdution to Economics II & Statistics I