Магистратура
2021/2022
Теория и практика проведения макроэкономической политики
Статус:
Курс по выбору (Прикладная экономика)
Направление:
38.04.01. Экономика
Кто читает:
Департамент теоретической экономики
Где читается:
Факультет экономических наук
Когда читается:
2-й курс, 1, 2 модуль
Формат изучения:
без онлайн-курса
Охват аудитории:
для всех кампусов НИУ ВШЭ
Преподаватели:
Кузнецова Ольга Сергеевна
Прогр. обучения:
Прикладная экономика
Язык:
английский
Кредиты:
6
Контактные часы:
60
Course Syllabus
Abstract
Course “Theory and practice of macroeconomic policy” consists of three parts. The first part is devoted to the discussion of the main problems of macroeconomic policy. The second part of the course deals with the peculiarities of macroeconomic policy in monetary unions. The last part of the course studies the macroeconomic policy regimes. The main emphasis will be made on the current tendencies in macroeconomic policy throughout the world, especially on communication policies in different countries. The Russian macroeconomic policy will be widely discussed.
Learning Objectives
- to present the main current macroeconomic problems
- to describe the role of government and central banks in the economy
Expected Learning Outcomes
- be able to acquire the necessary skills to discuss different macroeconomic problems, the fiscal and monetary authorities’ actions and decisions, the consequences of macroeconomic policy changes for the economy
- be able to analyze financial and real data, apply the macroeconomic tools for the analysis of both monetary and financial sphere
- to understand the role of fiscal and monetary policy
Course Contents
- Part 1. The main problems of macroeconomic policy. Topic 1. Introduction. Macroeconomic policy: targets and constraints
- Part 1. Topic 2. Macroeconomic problems: Inflation
- Part 1. Topic 3. Zero-lower bound
- Part 1. Topic 4. Currency crises
- Part 1. Topic 5. Government debt
- Part 2. The economics of monetary unions. Lecture 6. Between international openness and monetary sovereignty
- Part 2. Lecture 7. Monetary policy in currency unions
- Part 2. Lecture 8. Fiscal policies in currency unions
- Part 2. Lecture 9. Fiscal federalism or intergovernmental cooperation?
- Part 2. Lecture 10. Thoughts of a fiscal union
- Part 2. The evolution and the current state of macroeconomic policy. Topic 6. Monetary policy regimes
- Part 2. Topic 7. Inflation targeting
- Part 2. Topic 8. Communication policy of central banks
- Part 2. Topic 9. New challenges to macroeconomic policy
- Part 3. Lecture 14. Optimal policy under uncertainty
Assessment Elements
- Average mark for quizzes
- Attendance
- EssayThe essay is to be prepared after the second part of the course. The essay is the critical literature overview at a chosen topic. Max length of the document is 5 pages (appendices and covers not included)
- ExamThe written documentation for the excuse is to be presented to the Students’ Office in accordance with the HSE’s rules.
Interim Assessment
- 2021/2022 2nd module0.299 * Average mark for quizzes + 0.001 * Attendance + 0.4 * Exam + 0.3 * Essay
