The goal of this course is to give an introduction to macroeconomics by discussing 10 important topics/lessons/controversies: The determinants of long run growth; What drives short-run fluctuations; Components of aggregate demand; Domestic and external sources of inflation; Exchange rate concepts and their importance; The definition, determinants, and financing of current account imbalances; Sustainable and unsustainable fiscal deficits; Monetary regimes and the impossible trinity; Monetary policy and financial stability policy; Future directions.
Participants will analyze data, discuss trade-offs of policy choices and explore how global trends in the energy industry will affect their own business operations.
- The determinants of growth and business cycles
- Domestic and international determinants of inflation
- Deficits, debt and default
- Macroeconomic and financial stability policies
Prof. Hans Genberg is a Professor of Finance at the Asia School of Business and is the Associate Director of the Master in Central Banking Program. He has published considerably on issues related to exchange rate regimes, reserve management and capital markets development, having worked in senior roles at the South East Asian Central Bank (SEACEN) Research and Training Centre, the Hong Kong Monetary Authority (HKMA) and at the International Monetary Fund (IMF).
Hans also has extensive academic experience, having been Professor of International Economics from 1979 to 2008 and Head of the International Economics Department from 1989 to 1998 at the Graduate Institute of International Studies in Geneva, Switzerland.
Hans holds a Ph.D. in Economics from the University of Chicago.
Professor of Economics
Senior Director of Banking and Finance Programs
AREA OF EXPERTISE
International Macroeconomics, Monetary Economics, Applied Econometrics
Business strategists who want to understand the underlying determinants and risks to macroeconomic and financial stability.