Universität Wien

390022 SE PhD-VGSE: Topics in Monetary Economics (2016W)

Continuous assessment of course work

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 24 participants
Language: English

Lecturers

Classes

Monday, 09.00 - 10.30 h, Seminarroom VGSE


Information

Aims, contents and method of the course

Aims: Students become familiar with several classes of models that are used in monetary economics and learn how to use them in their own research.
Contents: The course covers some macroeconomic models in which money plays an essential role in the sense that without money trade is not possible at all or that the introduction of money leads to Pareto superior outcomes. These are overlapping generations models with money and monetary search models.
Methods: In the first half of the course, the lecturer presents a number of models and their applications. In the second half, the students choose relevant chapters from the textbook or journal articles and present them in class.

Assessment and permitted materials

Assessment is based on classroom participation, homework exercises, and a final oral exam.

Minimum requirements and assessment criteria

Examination topics

Reading list

B. Champ & S. Freeman, Modeling Monetary Economies, John Wiley & Sons, Inc., 1994

N. Kiyotaki & R. Wright, A search-theoretic approach to monetary economics, American
Economic Review 83 (1993), 63-77

E. Nosal & G. Rocheteau, Money, Payments, and Liquidity, MIT Press, 2011

Association in the course directory

Last modified: Mo 07.09.2020 15:46