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| Semester | fall semester 2024 |
| Course frequency | Every fall sem. |
| Lecturers | Aleksander Berentsen (aleksander.berentsen@unibas.ch, Assessor) |
| Content | In the monetary economics lecture, we have studied the theoretical foundations of the New Monetarist Economics framework, a very popular model used in monetary economics. Key issues addressed were the role of liquidity, the frictions that make money essential and the role of credit and financial intermediation for the economy. In this seminar, we use this knowledge to study Decentralized Finance (DeFi). The term DeFi refers to an alternative financial infrastructure built on top of blockchains such as the Ethereum blockchain. DeFi does not rely on intermediaries and centralized institutions. Instead, it is based on permissionless protocols and decentralized applications (DApps). The promise of this novel technology is to create a financial infrastructure that is more open, interoperable, and transparent in comparison to the existing financial infrastructure. The seminar can also be attended by students that have not participated in the monetary economics lecture. |
| Bibliography | Literature: Your research should not be limited to the basic literature, such as textbooks. Textbooks and reviews will help you to get an overview, but these books usually are nothing more than collections and summaries of primary sources, such as articles in economic journals. Hence, it is a good strategy to get started with a basic textbook and then work through the referenced papers. |
| Comments | |
| Weblink | Weblink |
| Admission requirements | Prerequisites: We only accept applications from students who have already acquired a minimum of 30 CPs. It is recommended that the course 10645 Monetary Theory has been taken. Furthermore, you should be aware that all papers have to be written in English. |
| Course application | The application for this seminar is done centrally and online from May 13 to June 10, 2024 with the Studiendekanat. The link to the online application form and more information can be found here:https://wwz.unibas.ch/en/studies/master/masters-seminar/ The registration is binding. In case of non-participation after registration it will be noted as "nicht erschienen" in the transcript. For a break up after recieving a subject and title, there will be a "1.0" recorded. In addition, the priority of the wishes for future seminar applications is lost. |
| Language of instruction | English |
| Use of digital media | No specific media used |
| Interval | Weekday | Time | Room |
|---|---|---|---|
| unregelmässig | See individual dates | ||
| Date | Time | Room |
|---|---|---|
| Wednesday 18.09.2024 | 08.15-10.00 | Wirtschaftswissenschaftliche Fakultät, S14; die Präsentationstermine sind noch offen |
| Modules |
Core Module: Core Areas in Monetary Economics (Master's Studies: International and Monetary Economics) Module: Preparation Master's Thesis in Finance and Money (Master's Studies: Finance and Money) Module: Research Design in Business and Economics (Master's Studies: Business and Economics) Module: Research Design in Finance, Controlling, Banking (Master's Studies: Business and Economics) |
| Assessment format | seminar credit |
| Assessment details | Assessment: Details regarding the evaluation of the seminar are given in the syllabus. Normally, the work, the lecture and the discussant's contribution are evaluated, whereby the greatest weight is placed on the work itself and the least, on the discussant's contribution. In general, the evaluation of the work focuses on content, style and formal requirements. The paper has to be typed in LATEX and the electronic version must be handed in as a PDF document. Furthermore, your thesis must meet certain format requirements, which can be found on https://wwz.unibas.ch/de/wirtschaftstheorie/lehre/masters-thesis/ |
| Assessment registration/deregistration | Registration/deregistration: faculty |
| 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 |