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Hertie School of Governance

Economics for Policy-makers

Feb 19—22, 2020
4 days
Berlin, Germany
EUR 1690 ≈USD 1863
EUR 422 per day

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The seminar offers an intensive introduction to certain key concepts used by economists. It consists of two components, a microeconomic and a macroeconomic analysis.

The microeconomics part covers the effective functioning of competitive markets and the potential need for government intervention. The macroeconomics section targets the understanding of interactions among the main policy areas: monetary policy, fiscal policy, and wage-setting. Conceptual and theoretical frameworks are discussed from the perspective of applied policy illustrations, providing the participants with a hands-on understanding of modern economic analysis.

In short, participants gain a thorough understanding of professional economists' way of thinking and a concise overview of the most important topics and approaches in micro- and macroeconomics. A background in economics or mathematics is not required.


Kerstin Bernoth is Professor of Economics at the Hertie School of Governance and Deputy Head of Macroeconomics at the German Institute for Economic Research (DIW Berlin). Her research centres on empirical finance, monetary and fiscal policy and financial stability. Since 2015, Bernoth has also be...
Leonardo Iacovone is Professor of Economics at the Hertie School. His research and policy advisory focuses on development economics, firm dynamics, productivity, entrepreneurship, innovation, trade, and youth unemployment. He is a Lead Economist at the World Bank where he has worked for more than...


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