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10645-01 - Vorlesung: Monetary Theory 6 KP

Semester Frühjahrsemester 2018
Angebotsmuster Jedes Frühjahrsem.
Dozierende Florian Madison (florian.madison@unibas.ch, BeurteilerIn)
Inhalt Following the onset of the financial crisis, liquidity shortages caused great concern. Meanwhile, excess liquidity has become a challenge. In this lecture, we will be asking what function liquidity fulfills in a modern economy. We will be looking at the kind of frictions that make money essential and consider the role of credit and financial intermediation. On this basis, we will discuss various micro- and macroeconomic aspects of monetary theory and monetary policy.
Lernziele Study the microfoundations of monetary economics.
Literatur The lecture is based on the book "Money, Payments, and Liquidity" (2nd edition) by Guillaume Rocheteau from the University of California-Irvine and Ed Nosal from the Federal Reserve Bank of Chicago (MIT-Press). Additional to that, we will discuss individual research papers at the frontier of monetary economics. It is expected that the students acquire the book. Relevant papers will be uploaded to the website.

Bemerkungen Blockcourse: 12.-16. February 2018
Presentations : 13.-14. April 2018
exam: March/ April 2018
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Teilnahmebedingungen Prerequisites:
Completed BA in Business und Economics.
Anmeldung zur Lehrveranstaltung Applications for this course have to be sent by email to florian.madison@unibas.ch by 14 February 2018. As soon as you are admitted to the course, you have to enrol in MOnA.
Unterrichtssprache Englisch
Einsatz digitaler Medien kein spezifischer Einsatz
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Intervall Wochentag Zeit Raum

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Module Kernmodul: Core Areas in Monetary Economics (Master International and Monetary Economics)
Vertiefungsmodul Monetary Economics and Financial Markets (Master Wirtschaftswissenschaften)
Leistungsüberprüfung Semesterendprüfung
Hinweise zur Leistungsüberprüfung Written exam and seminar presentations. In the seminar, students will present a paper at the research frontier of monetary theory/monetary economics. The final grade is a weighted average of the exam and the presentation. The participation in the entire seminar is mandatory.
Exam: 15.03.18; 10:00-11:30. WWZ .


An-/Abmeldung zur Leistungsüberprüfung Anmeldung: Belegen
Wiederholungsprüfung keine Wiederholungsprüfung
Skala 1-6 0,1
Wiederholtes Belegen beliebig wiederholbar
Zuständige Fakultät Wirtschaftswissenschaftliche Fakultät / WWZ, studiendekanat-wwz@unibas.ch
Anbietende Organisationseinheit Wirtschaftswissenschaftliche Fakultät

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