Intermediate Macroeconomics

his course is designed for students who have a basic understanding of macroeconomics and want to deepen their knowledge of the subject. Students will learn how to formally analyze monetary and fiscal policies in relation to different phases of the business cycle. The course will address the following questions: how are interest rates determined? What is the effect of interest rates on saving and investments decisions? Under what conditions public spending is sustainable? What combination of policies can foster economic development? How different policies will impact the labor market? Through lectures, discussions, and real-world examples, students will learn how to apply these formal models to analyze the problems of our fast-changing society such as rapid technological change, increasing inequality and climate change. By the end of the course, students will have a comprehensive understanding of macroeconomic policy and the ability to critically evaluate policy decisions and their impact on the economy.