Advanced Macroeconomics for the Open Economy I

Harvard HKS

The course is the first in the two-course sequence on macroeconomic policy in the MPA/ID program. It focuses on the international dimension of macroeconomic policy, particularly monetary, fiscal, and exchange rate policy, and on the determination of the current account balance, national income, and inflation. Aims are price stability and countercyclical macro policy. Attention is given to developing countries and other small open economies, defined as those for whom prices are…