This course will take a non-technical approach to understanding how governments influence the macroeconomy. Topics will include fiscal policy, deficits and debts, monetary policy and structural reform. We will review some current debates, such as fiscal stimulus vs. austerity and rules vs. quantitative easing.
I am not an expert in macro economics even though I have worked within capital markets for many years. My experience is limited to the economics I studied at high school and even then I consider quite sub standard.
Professor Gayle Allards course has further proved that what I was being taught was not worth it. She is very clear and introduces the subject material in a rational and clear manner. Concepts such as Fiscal and Monetary policy are made clear and means of calculating potential GDP and the Marginal Propensity to Consue or save are explained is a comprehensive manner.
It is a shame that this course is not a verified one and that the questions cannot be of a more mathematical nature. However it is well worth taking for anyone trying to understand how macroeconomics work. IE Business School has a star and I wish she was based in London and not Madrid.