Master of Data Science for Public Policy   Master of International Affairs   Master of Public Policy  

Policy issues in macroeconomics

The course uses macroeconomic theory to analyse some of the major issues of our present time. It consists of a series of lectures, assignments and student presentations. The topics covered in lectures include:

•    The decline of productivity growth in the West in the past four decades, the decline in real interest rates and rising asset prices.  
•    The effect of government debt and deficits on investment, the stock of capital and welfare.
•    Financial booms and crises.
•    Pensions, the pattern of lifetime saving and the consequences of population ageing and declining population growth rates.
•    Global warming and investment in green technologies.
•    Changes in income and wealth inequality.
•    The macroeconomic effects of expenditures on national defense.

Students are required to have taken a course in macroeconomics at the intermediate level.

This course is for 2nd year MIA, MPP and MDS students only.

Instructor