The unit aims to introduce students to modern macroeconomic analytical frameworks and their application to the latest macroeconomic issues, such as economic growth, sustainability of a pension systems and optimal taxation. The unit will prepare students for taking part in professional discussions about a theory-based design of macroeconomic policies.
You’ll learn to:
- Evaluate analytically a range of macroeconomic models and their implications for macroeconomic policy in the long-run
- Understand how macroeconomic models, such as the Diamond model and the Ramsey model, can be used to understand topical economic issues and suggest policy responses