The course is aimed at MSc, MRes and PhD students, early researchers, and research staff from central banks, ministries and the private sector, all with some prior experience of macroeconomic modelling.

The content of the Easter School differs from that of the Centre for International Macroeconomic Studies' Summer School, which is usually held in September. The Easter School is focused on a shorter list of themes, some of which are not commonly found in summer schools offered by most economics departments.

Course content

This year the Easter School will cover:

  • Inequality in incomplete markets - taught by Kjetil Storesletten
  • Financial markets: collateral, repo and CDS markets - taught by Mario Pascoa
  • Topics in sovereign debt and default - taught by Hyungseok Joo, Kirill Shakhnov and Tamon Asonuma
  • Optimal fiscal policy and computational methods - taught by Vytautas Valaitis. 

Course contributors

Hyungseok Joo profile image

Dr Hyungseok Joo

Lecturer in Economics

Mario Pascoa profile image

Professor Mario Pascoa

Professor of Economics

Kirill Shakhnov profile image

Dr Kirill Shakhnov

Lecturer in Economics

Kjetil Storesletten profile image

Professor Kjetil Storesletten

Vice-Chancellor's Fellow


The lectures will take place via Zoom, and all participants will need MATLAB downloaded on their computer for some of the practical sessions (a 30-day free trial is available on the MATLAB website). Participants are also advised to have Dynare installed.

Entry requirements

Applicants must have:

  • A background in macroeconomics with some knowledge of macro-modelling and dynamic optimisation.
  • Basic knowledge of MATLAB programming (see an overview of the MATLAB features our participants are expected to know).
  • Working knowledge of English.

Fees and funding

Price per person:


Non-academic participants





Funding opportunities

The following concessions are available:

  • 10% discount for participants who register by 28 February
  • 10% discount for participants who have attended a previous course with the Centre for International Macroeconomic Studies
  • 20% discount for participants from institutions in developing countries
  • The concessions above can be combined up to a cumulative 30%
  • Participants requiring additional financial assistance can indicate so in their application. Limited funding opportunities are available.

How to apply

Should you require any further information or for enquiries please contact the Centre for International Macroeconomic Studies team.

Apply now

Terms and conditions

When you accept an offer of a place at the University of Surrey, you are agreeing to comply with our policies and regulations and our terms and conditions. You are also confirming you have read and understood the University's prospective student privacy notice.

Further details of our terms and conditions will follow.


This online prospectus has been prepared and published in advance of the commencement of the course. The University of Surrey has used its reasonable efforts to ensure that the information is accurate at the time of publishing, but changes (for example to course content or additional costs) may occur given the interval between publishing and commencement of the course. It is therefore very important to check this website for any updates before you apply for a course with us. Read more.