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10645-01 - Lecture: Monetary Theory 6 CP (CANCELLED)

Semester spring semester 2020
Course frequency Every spring sem.
Lecturers Florian Madison (florian.madison@unibas.ch, Assessor)
Content 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.
Learning objectives Study the microfoundations of monetary theory.
Bibliography The lecture is based on the book "Money, Payments, and Liquidity" (MIT Press, 2nd edition) by Guillaume Rocheteau from the University of California-Irvine and Ed Nosal from the Federal Reserve Bank of Chicago. 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.

Comments Unfortunately the course must be canceled this term due to the latest events.
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Admission requirements Prerequisites:
Completed BA in Business und Economics.
Course application Unfortunately the course must be canceled this term due to the latest events.
Language of instruction English
Use of digital media No specific media used

 

Interval irregular
Date 16.03.2020 – 30.05.2020
Time See details

Unfortunately the course must be canceled this term due to the latest events.

No dates available. Please contact the lecturer.

Modules Core Module: Core Areas in Monetary Economics (Master's Studies: International and Monetary Economics)
Specialization Module: Monetary Economics and Financial Markets (Master's Studies: Business and Economics)
Assessment format end-of-semester examination
Assessment details Written exam and seminar presentations. In the seminar, students will present a paper at the research frontier of monetary theory. The final grade is a weighted average of the exam and the presentation. The participation in the entire seminar is mandatory.
written exam: tba

Assessment registration/deregistration Reg.: course registr.; dereg.: Office of the Dean of Studies
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

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