Universität Wien

040196 UK Money and Banking (MA) (2019S)

Track in Macroeconomic Policy

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Prüfungsimmanente Lehrveranstaltung

An/Abmeldung

Hinweis: Ihr Anmeldezeitpunkt innerhalb der Frist hat keine Auswirkungen auf die Platzvergabe (kein "first come, first served").

Details

max. 50 Teilnehmer*innen
Sprache: Englisch

Lehrende

Termine (iCal) - nächster Termin ist mit N markiert

Donnerstag 07.03. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag 14.03. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag 21.03. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag 28.03. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag 04.04. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag 11.04. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag 09.05. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag 16.05. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag 23.05. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag 06.06. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag 13.06. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

Aims: Students become familiar with the basic terminology and selected models related to monetary theory, banking, and monetary policy analysis.
Contents: Money and other assets; money as a medium of exchange; interest rates and related concepts; money demand; money supply; asymmetric information; bank runs and insolvency; monetary policy; dynamic inconsistency and the inflation bias; monetary transmission mechanisms.
Methods: The course material is first explained in a presentation by the lecturer. Regular homework exercises help to get practice in using the presented theories and methods.

Art der Leistungskontrolle und erlaubte Hilfsmittel

Midterm exam, final exam, classroom participation, homework exercises.

Mindestanforderungen und Beurteilungsmaßstab

Midterm exam and final exam count equally towards the final grade. By participating in the classroom and contributing to the solution of homework exercises, additional points can be earned.

Prüfungsstoff

Literatur

Backus and Driffill (1985): “Inflation and reputation”, American Economic Review 75 (1985), 530-538.
Carlin and Soskice (2006): Macroeconomics: Imperfections, Institutions & Policies, Oxford University Press (2006).
Carlin and Soskice (2015): Macroeconomics: Institutions, Instability, and the Financial System, Oxford University Press (2015).
Diamond and Dybvig (1983): "Bank runs, deposit insurance, and liquidity", Journal of Political Economy 91 (1983), 401–419.
Kiyotaki and Wright (1993): “A search-theoretic approach to monetary economics”, American Economic Review 83 (1993), 63-77.
Mishkin (2016): The Economics of Money, Banking, and Financial Markets, 11th ed. (2016)
McLeay, Radia, and Thomas (2014a): “Money in the modern economy: an introduction”, Bank of England Quarterly Bulletin 2014 Q1.
McLeay, Radia, and Thomas (2014b): “Money creation in the modern economy”, Bank of England Quarterly Bulletin 2014 Q1.

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Mo 07.09.2020 15:28