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26784-01 - Lecture: Applied Monetary Policy (3 CP)
| Semester | fall semester 2025 |
| Course frequency | Every fall sem. |
| Lecturers | Sébastien Kraenzlin (sebastien.kraenzlin@unibas.ch, Assessor) |
| Content | The lecture Applied Monetary Policy is a block course aimed at giving students insight into the world of monetary policy. The lecture is divided into three parts. The first part provides the definition of the most important terms in monetary policy. The second part lists the goals and concepts of a central bank and shows which instruments central banks have at their disposal to achieve their goals. Finally, the third part of the lecture discusses the measures taken by the most important central banks during the financial crisis (starting in 2007), with a focus on the Swiss National Bank (SNB). Each block will be illustrated with applied practical examples. The second part also includes some simulations with the students, in which the participants can take on the role of the central bank as well as the commercial banks. The simulations give the students a better insight into the interest rate management by the central banks as well as into the liquidity management of the banks. |
| Learning objectives | - Knowledge of the terms and concepts of monetary policy - Understanding of the necessity, functioning and problems of monetary policy - Understanding of central bank actions during the financial crisis starting in 2007 - Factual and conceptual knowledge are in the foreground |
| Bibliography | To be announced in the lecture. |
| Weblink | Weblink |
| Admission requirements | completed BA in Economics, especially successful attendance of the courses "Introduction to Economics" and Intermediate Macroeconomics, as well as "Statistics" and Mathematics 1 and 2, recommended |
| Course application | Registration: Please enroll in the Online Services (services.unibas.ch); Eucor-Students and mobility students of other Swiss Universities or the FHNW first have to register at the University of Basel BEFORE the start of the course and receive their login data by post (e-mail address of the University of Basel). Processing time up to a week! Detailed information can be found here: https://www.unibas.ch/de/Studium/Mobilitaet.html After successful registration you can enroll for the course in the Online Services (services.unibas.ch). Applies to everyone: Enrolment = Registration for the course and the exam! |
| Language of instruction | English |
| Use of digital media | No specific media used |
| Interval | Weekday | Time | Room |
|---|---|---|---|
| unregelmässig | See individual dates | ||
Dates
| Date | Time | Room |
|---|---|---|
| Friday 19.09.2025 | 12.15-15.00 | Juristische Fakultät, Seminarraum S6 HG.52 |
| Friday 26.09.2025 | 12.15-15.00 | Juristische Fakultät, Seminarraum S6 HG.52 |
| Friday 03.10.2025 | 12.15-15.00 | Juristische Fakultät, Seminarraum S6 HG.52 |
| Friday 10.10.2025 | 12.15-15.00 | Juristische Fakultät, Seminarraum S6 HG.52 |
| Friday 17.10.2025 | 12.15-15.00 | Juristische Fakultät, Seminarraum S6 HG.52 |
| Modules |
Core Module: Core Areas in Monetary Economics (Master's Studies: International and Monetary Economics) Module: Field Electives in Finance and Money (Master's Studies: Finance and Money) Module: Finance Field: Monetary Economics and Macrofinance (Master's Studies: Finance and Money) |
| Assessment format | record of achievement |
| Assessment details | Written Exam: tbd |
| Assessment registration/deregistration | Reg.: course registration, dereg: cancel course registration |
| Repeat examination | no repeat examination |
| Scale | 1-6 0,1 |
| Repeated registration | as often as necessary |
| Responsible faculty | Faculty of Business and Economics , studiendekanat-wwz@unibas.ch |
| Offered by | Faculty of Business and Economics |