Back
| Semester | fall semester 2022 |
| Course frequency | Every fall sem. |
| Lecturers | Aleksander Berentsen (aleksander.berentsen@unibas.ch, Assessor) |
| Content | In this lecture, we will study the roles of money and alternative means of payment in modern economies. We will be looking at the kind of frictions that make money essential and beneficial. On this basis, we will discuss various micro- and macroeconomic aspects of monetary theory and 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 (University of California, Irvine) and Ed Nosal (Federal Reserve Bank of Atlanta). Next to the book, we will discuss research papers at the frontier of monetary economics. Students are expected to acquire the book. Relevant papers will be uploaded to the website. |
| Weblink | Weblink |
| Admission requirements | Prerequisites: Completed BA in Business und Economics. |
| Course application | Registration: Please enrol in the Online Services before the course starts. EUCOR-Students and students of other Swiss Universities have to enrol at the students administration office (studseksupport1@unibas.ch) within the official enrolment period. In order to get access to ADAM in time, it is best to enrol before the course starts though. Enrolment = Registration for the exam! |
| Language of instruction | English |
| Use of digital media | No specific media used |
| Interval | Weekday | Time | Room |
|---|---|---|---|
| wöchentlich | Monday | 16.15-18.00 | Wirtschaftswissenschaftliche Fakultät, Auditorium |
| Date | Time | Room |
|---|---|---|
| Monday 19.09.2022 | 16.15-18.00 | Wirtschaftswissenschaftliche Fakultät, Auditorium |
| Monday 26.09.2022 | 16.15-18.00 | Wirtschaftswissenschaftliche Fakultät, Auditorium |
| Monday 03.10.2022 | 16.15-18.00 | Wirtschaftswissenschaftliche Fakultät, Auditorium |
| Monday 10.10.2022 | 16.15-18.00 | Wirtschaftswissenschaftliche Fakultät, Auditorium |
| Monday 17.10.2022 | 16.15-18.00 | Wirtschaftswissenschaftliche Fakultät, Auditorium |
| Monday 24.10.2022 | 16.15-18.00 | Wirtschaftswissenschaftliche Fakultät, Auditorium |
| Monday 31.10.2022 | 16.15-18.00 | Wirtschaftswissenschaftliche Fakultät, Auditorium |
| Monday 07.11.2022 | 16.15-18.00 | Wirtschaftswissenschaftliche Fakultät, Auditorium |
| Monday 14.11.2022 | 16.15-18.00 | Wirtschaftswissenschaftliche Fakultät, Auditorium |
| Monday 21.11.2022 | 16.15-18.00 | Wirtschaftswissenschaftliche Fakultät, Auditorium |
| Monday 28.11.2022 | 16.15-18.00 | Wirtschaftswissenschaftliche Fakultät, Auditorium |
| Monday 05.12.2022 | 16.15-18.00 | Wirtschaftswissenschaftliche Fakultät, Auditorium |
| Modules |
Core Module: Core Areas in Monetary Economics (Master's Studies: International and Monetary Economics) Modul: Specific Electives in Economics (Master's Studies: Business and Economics) Module: Core Courses in Monetary Economics and Financial Markets (Master's Studies: Business and Economics) Module: Field Electives in Economics and Public Policy (Master's Studies: Economics and Public Policy) Module: Fundamentals in Finance and Money (Master's Studies: Finance and Money) Module: Specific Electives in Monetary Economics and Financial Markets (Master's Studies: Business and Economics) Specialization Module: Monetary Economics and Financial Markets (Master's Studies: Business and Economics (Start of studies before 01.08.2021)) |
| Assessment format | main lecture exam |
| 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. Participation in the seminar is mandatory. written exam: 16.01.2023; 14:15-15:45. WWZ S15: A-Z. The repeat exam will be held on 02.02.23; 12:30-14:00. You will receive the rooms for the repeat exam by mail. |
| Assessment registration/deregistration | Reg.: course registration, dereg: cancel course registration |
| Repeat examination | one repetition, best attempt counts |
| Scale | 1-6 0,1 |
| Repeated registration | one repetition |
| Responsible faculty | Faculty of Business and Economics , studiendekanat-wwz@unibas.ch |
| Offered by | Faculty of Business and Economics |