Monetary Economics and Central Banking -M-F-
Kurs ID
ECON609
Art des Kurses
MSc Kurs
Wochenstunden
2,5
ECTS
5
Semester
HS 2021
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. Macroeconomic Theory
Termine
| Date | Time |
|---|---|
| Friday, 03.09.2021 | 08:00 - 11:15 |
| Tuesday, 07.09.2021 | 11:30 - 15:15 |
| Tuesday, 14.09.2021 | 08:00 - 09:30 |
| Thursday, 16.09.2021 | 11:30 - 15:15 |
| Tuesday, 21.09.2021 | 08:00 - 11:15 |
| Friday, 01.10.2021 | 08:00 - 11:15 |
| Tuesday, 05.10.2021 | 11:30 - 15:15 |
| Friday, 08.10.2021 | 08:00 - 11:15 |
| Wednesday, 13.10.2021 | 09:00 - 10:30 |
Lernerfolge
Understanding of:
- Interest rate determination and term structure of interest rates
- Money Creation in modern economies
- Transmission of monetary policy
- 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 their implementation
- Monetary policy rules
- Credibility and time inconsistency in monetary policy
- Analysis of aggregate demand and aggregate supply in the economy
Literatur
Mishkin, F. S., The Economics of Money, Banking, and Financial Markets – Global Edition, 13th edition, Pearson, Boston 2021. Bindseil, U., Introduction to Central Banking, Springer Nature 2021, open access book; downloadable at: https://link.springer.com/book/10.1007%2F978-3-030-70884-9
Lernmethoden
Lectures
Class Room Discussions
Self Study
Art der Prüfung
Exam or Assignment
Voraussetzungen
Sound Knowledge in Macroeconomics
Umfang
150