piwik-script

Deutsch Intern
    Chair for Monetary Policy and International Economics

    Monetary Policy in a Closed Economy

    (Monetary Policy and the Financial System)

    Language

    This course is taught in German. For any questions regarding a participation in English, please refer to the contacts named below.

    ECTS

    5 ECTS

    Description

    1. About the financial crisis
    2. „Loanable funds“-model: Theory of the financial system in a „real exchange economy“
    3. The financial system in a „monetary economy“
    4. Applications: Piketty, secular stagnation, savings glut and the german current account surplus, crowding-out, full-money theory
    5. IS/PC/MP-model: Interdependence of monetary and fiscal policy, theory of deflation

    Materials

    All Materials are available on WueCampus.

    Contacts

    Prof. Dr. Peter Bofinger (peter.bofinger@uni-wuerzburg.de)
    Thomas Haas (thomas.haas1@uni-wuerzburg.de)

    Evaluation

    Evaluations