Shanghai Winter Program 2025
Explore the forces that shape economies at the largest scale—GDP, inflation, unemployment, and the policies that influence them.
December 22, 2025 – January 9, 2026
3 weeks intensive
4 Units
66 contact hours
In-Person Lectures
+ TA Discussion Sessions
National income accounting, GDP measurement, and key macroeconomic indicators that define economic performance.
Solow model, endogenous growth theory, cross-country income differences, and the relationship between growth and inequality.
Types of unemployment, natural rate, job search models, efficiency wages, and labor market policies.
IS-MP framework, Phillips curve, AD-AS model, Taylor rule, and central bank policy transmission.
Banking systems, asset bubbles, financial intermediation, the 2008 crisis, and unconventional monetary policy.
Government spending, taxation, budget deficits, public debt, fiscal multipliers, and stabilization policy.
Attendance
Problem Sets
Midterm Exam
Final Exam
All presentations
Practice exercises
Mankiw, Blanchard, Jones
Weekly discussions