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Monetary Economics and Central Banking

Course code
ECON609
Course type
MSc Course
Weekly Hours
2,5
ECTS
5
Term
FS 2021
Language
Englisch
Lecturers
Prof. Dr. Ralf Fendel
Please note that exchange students obtain a higher number of credits in the BSc-program at WHU than listed here. For further information please contact directly the International Relations Office.

1. Monetary Theory

2. Monetary Policy

3. The Role of Central Banks for Financial Stability

Date Time
Wednesday, 10.03.2021 08:00 - 11:15
Monday, 22.03.2021 11:30 - 13:00
Friday, 26.03.2021 08:00 - 09:30
Tuesday, 30.03.2021 08:00 - 11:15
Thursday, 08.04.2021 17:15 - 18:45
Tuesday, 13.04.2021 08:00 - 11:15
Thursday, 15.04.2021 08:00 - 11:15
Monday, 19.04.2021 11:30 - 15:15
Wednesday, 21.04.2021 13:45 - 17:00
Thursday, 29.04.2021 10:00 - 11:30
- 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

Lectures

Class Room Discussions

Self Study

Exam or Assignment
Sound Knowledge in Macroeconomics
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