2025/2026
Macroeconomics (Advanced Level)
Type:
Mago-Lego
Delivered by:
HSE Banking Institute
Where:
HSE Banking Institute
When:
1, 2 module
Open to:
students of one campus
Instructors:
Dmitry A. Veselov
Language:
English
Contact hours:
52
Course Syllabus
Abstract
The course focuses on selected topics, which are central to modern macroeconomics, like the short-run economic fluctuations, fiscal and monetary policies, macroeconomics of financial markets, and open macroeconomics.
Learning Objectives
- The objectives of the course are: to provide students with the knowledge of core concepts and models of economics, to develop students' ability to apply economic models to the analysis of specific economic cases to provide students with the knowledge of methodological tools and their applications to the analysis of general problems in economics and social sciences.
Expected Learning Outcomes
- Course gives opportunities to students to apply macroeconomic analysis using both graphical and algebraic techniques to the study of contemporary and historical economic cases
- to put their research and professional interests into a broader political and macroeconomic context
- to communicate their ideas using modern internationally recognized professional language of economists
Course Contents
- Basic macroeconomic problems and concepts. Macroeconomic variables. Properties of business cycles
- Saving, investments and fiscal policy
- Introduction to macroeconomics of financial markets. Money, banking and monetary policy
- Macroeconomic models of business cycles with flexible and sticky prices
- Inflation, expectations and Phillipse curve
- Open economy macroeconomics: BOP, CIP, UIP, LOOP. IS-LM-BP model
Interim Assessment
- 2025/2026 2nd module0.4 * Exam + 0.1 * Homeworks + 0.25 * Mid-term exam + 0.25 * Quizzes
Bibliography
Recommended Core Bibliography
- 9781292160566 - Blanchard, Olivier - Macroeconomics, Global Edition - 2017 - Pearson - https://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=1426555 - nlebk - 1426555
Recommended Additional Bibliography
- Blanchard, O., Amighini, A., & Giavazzi, F. (2017). Macroeconomics (Vol. Third edition). New York: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1535899
- Carlin, W., & Soskice, D. (2014). Macroeconomics: Institutions, Instability, and the Financial System. Oxford University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.oxp.obooks.9780199655793