Topics in Economics (MIM)

The course introduces students to several important and contemporary issues that relate to economics. Having already covered the key insights from Micro and Macroeconomics, this advanced course goes deeper into the frontiers of the discipline. Students will challenge their understanding of complex and controversial issues and develop their perspective on how to become managers of the future.

🏅 Assessment
  • 40% Group report (instructions here)
  • 60% Final exam (MCQ) (practice exam to follow)
🗓️ Content
Topic Before During After
1. Prosperity Activity: Global conditions quiz

Lecture handouts
2. Growth Watch “Growth is like an iPhone

Lecture handouts
3. Macro models Lecture handouts
4. Sustainability
  • n/a
Lecture handouts
  • n/a
5. & 6. Inequality Activity: Thinking about wealth

Watch: “$456,000 Squid Game In Real Life!” Mr Beast

Watch the full movie Parasite (2019), Bong Joon Ho

  • Saez, E., and Zucman, G., 2020, “The Rise of Income and Wealth Inequality in America: Evidence from Distributional Macroeconomic Accounts” Journal of Economic Perspectives, 34(4):3-26
  • Kopczuk, W., and Zwick, E., 2020, “Business Incomes at the Top” Journal of Economic Perspectives, 34(4):27-51,
Lecture handouts
7. Stagnation Activity: Transformative Innovations

Watch “Steve Jobs – iPhone Introduction in 2007” (the first 17 minutes is fine)

Lecture handouts
8. Progress Watch the full movie The Greatest Showman (2017), Michael Gracey

Lecture handouts

I thought it went without saying that economic growth is good, that America is a phenomenally rich country, and that capitalism is the reason why. But now I’m not so sure. So in this course, I say it. 

Other lectures that could be added:

  • The Solow model, and how it relates to growth theory
  • Macro Trends – an overview of global growth prospects and a survey of the key challenges facing policymakers
  • The evolution of money: gold, fiat and crypto
  • Central banks and digital transformation
  • Nuclear power – we could have had it all