Monetary Economics and Central Banking-F-M-
Kurs ID
ECON609
Art des Kurses
MSc Kurs
Wochenstunden
2,5
ECTS
5
Semester
FS 2020
Vortragssprache
Englisch
Vortragende/r
Prof. Dr. Ralf Fendel
Bitte beachten Sie, dass AustauschstudentInnen im BSc-Programm der WHU eine höhere Anzahl an Credits erwerben als hier aufgeführt. Für weitere Informationen wenden Sie sich bitte direkt an das [International Relations Office].
Kursinhalt
1. Monetary Theory
2. Monetary Policy
3. The Role of Central Banks for Financial Stability
Termine
| Date | Time |
|---|---|
| Tuesday, 03.03.2020 | 08:00 - 11:15 |
| Tuesday, 17.03.2020 | 08:00 - 11:15 |
| Wednesday, 18.03.2020 | 08:00 - 11:15 |
| Thursday, 19.03.2020 | 11:30 - 13:00 |
| Tuesday, 24.03.2020 | 08:00 - 11:15 |
| Tuesday, 31.03.2020 | 08:00 - 11:15 |
| Wednesday, 08.04.2020 | 11:30 - 15:15 |
| Thursday, 16.04.2020 | 08:00 - 11:15 |
| Wednesday, 22.04.2020 | 09:45 - 11:15 |
Lernerfolge
- Interest rate determination
- Term structure of interest rates
- Money Creation in modern economies and new forms of money such as bitcoin
- The problem of the zero lower bound of interest rates
- Conventional and unconventional monetary policies
- Functioning of the European Central Bank (ECB) and the Fed
- Monetary policy strategies and implementation
- Monetary policy rules
- Credibility and time inconsistency in monetary policy
Literatur
Mishkin, F. S., The Economics of Money, Banking, and Financial Markets, 12th ed., Pearson, Boston, 2018.De Haan, J., Osterloo, S. and Schoenmaker, D., Financial Markets and Institutions: A European Perspective, 3rd ed., Cambridge University Press, New York, 2015.
Lernmethoden
Lectures
Class Room Discussions
Self Study
Art der Prüfung
Exam
Voraussetzungen
Sound Knowledge in Macroeconomics
Umfang
150