Master Program - Macroeconomic Policy and Financial Markets

Barcelona Graduate School of Economics

Program Description

Master Program - Macroeconomic Policy and Financial Markets

Barcelona Graduate School of Economics

Master Program - Macroeconomic Policy and Financial Markets

Policymakers are often forced to make decisions under conditions of uncertainty that have a direct impact on a country’s overall performance. A thorough understanding of the dynamics of the aggregate economy is necessary, but not entirely sufficient, for success. Private firms must also be knowledgeable of the many sources of aggregate risk and uncertainty, and the analytical tools available to study the aggregate economy can be of much help.


Students in the Macroeconomic Policy and Financial Markets Program will obtain relevant knowledge about the central issues in macroeconomic and financial economics analysis, as well as the key tools, data and models.


Many government institutions now use models and techniques developed recently and not yet taught in most undergraduate courses. Its use has also spread to the private sector, where investment banks and consulting firms increasingly utilize them. Some examples are DSGE models, VAR’s, and ARCH. Students will learn not only how to use these modeling and statistical techniques but also how they are actually applied by government agencies and private financial firms.


Most central banks and many other government agencies throughout the world are establishing groups that build their forecasts by means of these techniques. More generally, investment banks and consulting firms are interested in professionals who have gained a good understanding of the functioning of the aggregate economy and of financial markets, who have been well trained and who can competently conduct empirical work. International finance and development agencies such as the IMF, WB, BERD, BIS, etc. often look for profiles of this type.


A limited number of places will be available to practitioners who would like to enroll in specific courses.

Upon successful completion of the program, students will receive a Master Degree in Specialized Economic Analysis awarded jointly with the Universitat Autònoma de Barcelona and the Universitat Pompeu Fabra.

Skills acquired in this master program

  • Deep understanding of economic theory behind macroeconomic models and models of financial markets
  • Econometric techniques required for a state-of-theart applied analysis
  • Numerical methods and simulation techniques useful in quantitative macroeconomics and in policy design and evaluation
  • Ability to write technical and executive reports and the skills to publicly communicate and discuss research work.

Who will benefit from this program

  • Graduates in economics, business administration, and engineering
  • Junior practitioners in central banks and public institutions seeking an improvement in their skills and an upgrade of their professional profile
  • Prospective PhD students looking for a solid master program in economics

Who hires graduates of this program

  • Research departments in financial institutions
  • International institutions and government agencies
  • Financial operators in the private sector
This school offers programs in:
  • English


Last updated January 20, 2016
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2016
Duration
Duration
1 year
Full time
Price
Price
12,000 EUR
Information
Deadline
Start date Sept. 2016
Place
Spain Barcelona
Application deadline Request Info
End date Request Info
Duration 1 year
Price 12,000 EUR