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    Lehrstuhl für Volkswirtschaftslehre, insb. Geld und internationale Finanzmärkte

    Master Studiengang

    In this course, we will study core monetary policy topics and we will discuss current challenges of monetary policy. We will develop a macroeconomic framework that is a simplified version of the models used at central banks. We will use this framework throughout the course to understand the goals of monetary policy, its instruments and transmission and its limits. Overall, the course aims at building a bridge between economic theory and the reality of practical economic policymaking.

    Lecture: Tuesday 14.15 - 15.45. The lecture and the exercise session take place online as live video lectures via Zoom. The lecture and the exercise session will be recorded and the videos will be available throughout the whole semester. The Zoom-Link and the video recordings are available on WueCampus.

    Exercises: Monday 14.15 - 15.45. The exercise session will also take place online as live video sessions via Zoom and video recordings are available afterwards on WueCampus.

    We created a WueCampus room for this course where you will find all course material and the Zoom-Link.

    For detailed information on this course, see the syllabus

    12-M-EG1 previously: Geldpolitik und Finanzsystem

    Since last February, the whole world, and Europe especially, has been faced with a delicate situation in the wake of the Russian-Ukrainian conflict. In a complex period, after two years of pandemic, the consequences that this event may bring from a social and economic point of view are equally difficult to estimate. For this reason, the focus of this seminar will be to analyse the possible macroeconomic consequences of the conflict. The seminar will address this phenomenon by considering several dimensions, such as energy, monetary and fiscal response to tackle the crisis, inflation fluctuations and currencies' disruption. Finally, there will be a topic on the communication of innovations by central banks: while not directly related to the war crisis, the issue results determinant for understanding the effects of monetary policies. Although it is still too early to establish with certainty and scientific rigor all the implications of the conflict, the seminar will help to stimulate a macro-economic discussion on topical issues of international relevance, in order to disentangle the phenomenon on different levels of analysis. For this reason, some topics will be more policy-oriented while others will have a more technical slant.

    Intermediate Meeting: 10. November, time tba

    For more information see the syllabus.

    More information you can find on WueCampus.

    Studierende können am Lehrstuhl ihre Master-Thesis schreiben. Voraussetzung ist, dass Sie mind. eine Veranstaltung bei uns oder den Lehrstühlen von Professor Bofinger oder Professor Mayer im Laufe Ihres Studiums erfolgreich abgeschlossen haben (IPE Master) oder aktiv den Schwerpunkt 'Monetary Policy' im Management Master belegen. Zudem sollte das verpflichtende Seminar bereits erfolgreich abgeschlossen sein. Die Themenfindung findet individuell in Absprache mit uns statt.

    Bitte kontaktieren Sie uns per Email mit Ihrem Themenvorschlag, damit die Erarbeitung der konkreten Forschungsfragen sowie das weitere Vorgehen besprochen werden kann.

    Für die Master Thesis ist die Erarbeitung eines Exposés notwendig, das mit uns abgestimmt sein muss.

    Hinweise zur Erstellung des Exposés und den formalen Richtlinien. Ebenso benötigen wir von Ihnen die Versicherung zur selbständigen Leistungserbringung.