040196 UK Money and Banking (MA) (2020S)
Track in Macroeconomic Policy
Prüfungsimmanente Lehrveranstaltung
Labels
An/Abmeldung
- Anmeldung von Mo 10.02.2020 09:00 bis Mi 19.02.2020 12:00
- Anmeldung von Di 25.02.2020 09:00 bis Mi 26.02.2020 12:00
- Abmeldung bis Do 30.04.2020 23:59
Details
max. 100 Teilnehmer*innen
Sprache: Englisch
Lehrende
Termine (iCal) - nächster Termin ist mit N markiert
Due to the measures taken by the University of Vienna to prevent rapid spreading of Corona virus, the format of this course has to be changed until further notice. There cannot be any lectures in class. Instead, I will provide written explanations of the material and post them in the section "Course material" on the Moodle page. In combination with the beamer presentation that is already on the website, this should allow students to learn the material by themselves. There will also be a discussion forum on the website that allows students to post questions and receive answers. There will be no changes regarding the homework exercises and their assessment.
Donnerstag
05.03.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag
19.03.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag
26.03.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag
02.04.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag
23.04.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag
30.04.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag
14.05.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag
28.05.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag
04.06.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag
18.06.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Information
Ziele, Inhalte und Methode der Lehrveranstaltung
Art der Leistungskontrolle und erlaubte Hilfsmittel
There will be a mid term exam and a final exam, each one counting for 45%. One of the homework exercises will be graded and contributes 10% to the final grade.
Mindestanforderungen und Beurteilungsmaßstab
Passing the course requires that half of all possible points from the two exams and the homework exercises are achieved.
Prüfungsstoff
Material presented during the lectures plus some selected and specially announced readings.
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.
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 15:19
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 explained in a presentation by the lecturer. Homework exercises will be provided so that students can practise.