Summer School : Macroeconomics

Understanding macroeconomic fluctuations

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Location: Paris

For: professionals, researchers and graduate students

Duration: 1 week

Dates: June 23 to June 27, 2025

Application: From January 15 to May 19, 2025

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Overview

The Macroeconomic Analysis and Policy program consists of courses dealing with topics at the frontier of policy‐relevant research: monetary and fiscal policy; heterogeneous households, inequality and redistribution (“HANK” models); financial crises; bubbles; labor markets and unemployment; and international linkages. The courses are taught by leading research and teaching figures in their respective fields. Emphasis is put on introducing tools and developing intuition.

All courses review core, standard models useful for understanding crises and recessions, and the role of policy therein. Each course contains at least one part that deals with recent research at the frontier.

Objective

The Macroeconomics program aims to equip participants with a robust understanding of contemporary macroeconomic issues through the exploration of cutting-edge research and practical applications in monetary and fiscal policy, labor markets, and international linkages. By emphasizing the development of analytical tools and intuition, this program prepares students to critically engage with the complexities of economic crises and the effectiveness of policy interventions.

Skills acquired

After completing the summer program, participants will gain the following skills:

DSGE modelling skills
Expertise in international finance
Proficiency in heterogeneous agent models
Asset bubbles, financial crises and employment fluctuations analysis

3

ECTS credit which PSE validates
316

participants in 2023
70

nationalities

Prerequisites

Our summer school is aimed at graduate students, PhD students, young scholars and young professionals.

A pre‐requisite knowledge of macroeconomics at intermediate (Master or very strong undergraduate) level is preferable, although not formally required.

Exciting activities

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To be sure you make the most of your stay in Paris, PSE offers social events, such as a boat tour. It’s a wonderful way to balance your everyday studies with the chance to visit the must-sees of the City of Light.

For centuries, Paris has created and recreated itself as one of the most beautiful and charming cities in the world, thanks to its architecture, its restaurants and cafes, and its river banks. It is unique: contemporary without having sacrificed its classical features.