Macroeconomics
Welcome to Macroeconomics!
We hear about economic growth, inflation and unemployment in the news practically everyday. We read about the Fed increasing interest rates or the Swiss National Bank giving up the Swiss France ceiling. But what do these terms really mean and how do they affect our lives and our businesses? During the course, we will answer these questions, looking at specific countries and trying to understand what is happening in the news.
The best way to learn is to do. There are two bigger projects we will be working on:
- You will work for Business Investments Global (BIG) and the company is thinking of expanding. Your first step is to get an overall feeling for the macroeconomic situation of one of the countries under consideration, looking at the risks and potential. You can choose the county you want to research (a different one for each student). This study will be spread out over the whole course, building each part as we learn the theory.
- As a team, you will take part in a monetary policy committee meeting, looking at the current situation of the country and deciding the best monetary policy action. This will take place after the part on economic policies.
(The guidelines are available under 'Useful Documents')
The course is run as a flipped classroom. There is a webpage with all the information for each topic. You will watch the videos or read the textbook and check your understanding with a short quiz at home, so that in class we have time for questions, discussion, more advanced applications and real-world examples. Make sure to check out each week what you have to do on the topic page (see course schedule on the syllabus or the link below).
I look forward to an exciting semester,
Henrietta Carbonel
Mr Munroe: your teacherbot, here to help you and have fun.
Syllabus:
About me
I am Henrietta Carbonel. I am passionate about economics, they help me understand the world in which we live and hopefully make better choices as a citizen and business person.
I am British, but first studied at the Institute of Political Studies in Paris, then did a Master in Economic Analysis and Policy at the Paris School of Economics, and finally a PhD at the University of Osaka in Japan. I am particularly interested in why countries grow at different rates and the role of technology and education in explaining economic growth.
I am currently doing a Master in Digital Education to better use digital tools to give my students a great experience.
I look forward to working with you this term. If you have any questions about economics, an assignment or something administrative, don't hesitate to contact me. My email is in the syllabus and we can message using Teams.