Bachelor 2024/2025

International Macroeconomics

Type: Elective course (HSE/NES Programme in Economics)

Delivered by: Undergraduate Programmes Curriculum Support

When: 4 year, 3, 4 module

Open to: students of one campus

Language: English

Course Syllabus

Abstract

What is the relationship between the Rise of China, the Great Reserve Accumulation, and the so-called Bretton Woods II system and the global property bubble and Financial Crisis of 2008 and 2009? What are the causes of the liquidity trap now facing many developed nations internationally, and how can they get out? What lessons can we learn from the Great Depression in order to cure the (still-ongoing) Great Recession today? What caused the Ruble Crises? The Latin American Debt Crisis? The Asian Financial Crisis? What sorts of policies can the IMF and World Bank promote to support economic development? What were the key determinants of the Industrial Revolution? What in the world is wrong with the Euro? In this class, we will learn economic theories in the context of economic history to shed light on these key questions for Macro policy. The most important economic policy questions today are fundamentally questions about International Macroeconomics, and we will study the key debates.