This intermediate course focuses on the core thinking devices and foundations in macroeconomics and monetary economics, and uses these devices to understand economic growth, business cycles, crises as well as how to conduct monetary and fiscal policies and policies to foster the stability of financial and economic systems.

We cover the three most important models of monetary theory that are used for the conduct of monetary policy. The models are covered from both a theoretical perspective - in terms of the model and their intuition - and a practical perspective, in terms of how the models can be solved numerically and how they can be used to understand monetary-policy issues.