Have you read an awful lot about the economy, noticed and felt that change in the financial climate, but still don't completely understand it? You know it has something to do with sub-prime mortgages in America, banks collapsing, share-markets getting jittery and spooked, unemployment rates, international trade and a myriad of other interconnected elements, but when push comes to shove, you couldn't really talk intelligently about how it all fits together?
Luckily, David Gruen, Executive Director of the Macroeconomic Group at the Australian Treasury, can both understand complex economics but also speak in everyday language to explain it.
David Gruen is Executive Director of the Macroeconomic Group at the Australian Treasury. He joined the Treasury in January 2003. Before that, he was Head of Economic Research Department at the Reserve Bank of Australia from May 1998 to Dec 2002. He worked at the Reserve Bank for thirteen years, in the Economic Analysis and Economic Research Departments. With financial support from a Fulbright Postdoctoral Fellowship, he was visiting lecturer in the Economics Department and the Woodrow Wilson School at Princeton University from August 1991 to June 1993.
Before joining the Reserve Bank, he worked as a research scientist in the Research School of Physical Sciences at the Australian National University. He holds PhD degrees in physiology from Cambridge University, England and in economics from the Australian National University.