Economics: International and Macroeconomic Policy

The specialization International and Macroeconomic Policy focuses on trade, growth and coordination of fiscal and monetary policy. This specialization builds upon foundations of advanced macroeconomics: What determines long-run growth and productivity; what is the use of fiscal and monetary policy for economic stabilization?

Specialization courses discuss, inter alia, strategies in coordination and cooperation needed to maintain and promote the integration of Europe: How are tasks divided between EU and national authorities, can the Euro area be stabilized and is further expansion desirable? Another area focuses on growth in developing nations: What role do institutional (social and political) factors play in promoting growth, how do incentives affect savings and investment of households and firms, and what is the impact of foreign aid on development?

In the programme, you will also gain insight into the drivers of growth in industrialized countries, specifically the strategies of firms to boost innovation and growth, and the role of policy.

Our highly reputable teaching faculty has an international track record in academia, central banking, and policy advice.