Courses

Classes on Fiscal Policy and Monetary Policy

The classes are part of undergraduate course "ECE423 - Politics and Economics" at Universidad del Desarrollo. These classes provide a conceptual framework, basic analytical tools, and empirical evidence on objectives, conduct and results of fiscal and monetary policies in the world and in Chile.

Graduate (Ph.D.-level) Course on “International Macroeconomics

(Macroeconomic Theory III)”

The objective of this semester course is a deep and comprehensive analysis of the macroeconomic theory of open economies and international finance. The course also covers a selective review of relevant international evidence. Students are exposed to a large problem set based on the models covered in class. At the end of the course the student should be familiar with frontier models and issues of international macroeconomic theory and international finance.

Undergraduate Course on “Monetary Economics (Macroeconomics II)"

This second course of the undergraduate macroeconomics sequence develops theoretical and empirical foundations of monetary economics and the aggregate functioning of an economy. It complements the first course (focused on real aspects of macroeconomics) by developing the monetary and financial aspects of an economy, and their interaction with real variables in general macroeconomic equilibrium. The course integrates key aspects of international financial and real integration that are relevant for macroeconomic equilibrium in an open economy. The course also covers an intermediate-level analysis of monetary theory, the conduct of monetary policy, the differences between alternative monetary and exchange-rate regimes, and the development of financial crises. Students are exposed to relevant macroeconomic models (and related problem sets) and related empirical evidence. The final objective of the course is to provide students with the ability to understand the key macroeconomic issues and to apply a toolkit of models to address relevant questions related to the functioning of a modern macroeconomy.

Graduate (MBA) Short Course on “Global Macroeconomic Environment”

Understanding the global macroeconomic environment is an essential requirement for proper decision-making in the private sector. This course develops the central concepts of domestic and international macroeconomics that enable students to interpret and analyze the national and global macroeconomic environment. The course combines a brief review of macroeconomic models, relevant empirical evidence, and key macroeconomic policies for a better understanding of the macroeconomic and financial conditions and prospects in Chile and the world.