Macroeconomics

Course code.H2022 HEC Montréal

Description

In the midst of the 2008 financial crisis, Macroeconomic fundamentals were again understood to be critical for the future of countries. In this course, we will get a thorough presentation of the macroeconomic tools that help understand the dynamics of countries. We will also consider the real world and its complexity. We will focus on new forces like globalization, the rise of emerging countries like China, the questions of outsourcing and offshoring, international trade and the question of comparative advantages. In the wake of the 21st century, it is particularly interesting and important to understand the foundations of the future of the world economy.

Objectives

Pedagogic Approche

Topics

See the “syllabus” menu for further details.

session 1. Introduction to Macroeconomics and Economic growth, business cycles, unemployment and inflation [Click here]
session 2. Measuring the aggregate economy and Growth, productivity, and the wealth of nations[Click here]
session 3. The aggregate demand/aggregate supply and The multiplier model [Click here]
session 4. Thinking like a modern macroeconomist [Click here]
session 5. The financial sector and the economy [Click here]
session 6. Monetary policy and Financial crises, panics, and macroeconomic policy [Click here]
session 7. Inflation and the Phillips curve [Click here]
session 8. Deficits and debt [Click here]
session 9. The modern fiscal policy dilemma [Click here]
session 10. International trade policy, comparative advantage, outsourcing[Click here]
session 11. International financial policy [Click here]
session 12. Macro policies in a global setting and Macro policies in developing countries [Click here]
session 13. Make-up class [Click here]

Calendar

Session 1 Session 2 Session 3 Session 4 Session 5 Session 6
Thursday, September 9 Thursday, September 23 Thursday, October 7 Thursday, October 28 Thursday, November 11 Thursday, November 25
3:30 PM - 5:00 PM 3:30 PM - 5:00 PM 3:30 PM - 5:00 PM 3:30 PM - 5:00 PM 3:30 PM - 5:00 PM 3:30 PM - 5:00 PM
Session 7 Session 8 Session 9 Session 10 Session 11 Session 12
Thursday, September 9 Thursday, September 23 Thursday, October 7 Thursday, October 28 Thursday, November 11 Thursday, November 25
3:30 PM - 5:00 PM 3:30 PM - 5:00 PM 3:30 PM - 5:00 PM 3:30 PM - 5:00 PM 3:30 PM - 5:00 PM 3:30 PM - 5:00 PM

Pedagogic Material

Community values and Honor Code

In this course, you will have access to some of the tools we use on our data science platform in our lab http://lab.warin.com. The use of these tools requires adherence to our Honour Code. This comes on top of the school’s regulations [here]

Community Values

It is essential to foster a supportive (e-)learning environment.

In our lab, we believe it is essential that all participants embody and uphold our community values in order to foster a supportive online learning environment where individuals can have open discussion, reflect on their thinking and learn from each other.

Our laboratory’s Honour Code

A code of honour, ethics and respect.

Our Honour Code complements the Community Values Statement and reflects the commitment of participants as members of the learning community to participate in, foster and sustain the learning model of our laboratory.