Syllabus

Titel
4715 Specialization Course - Money and Business Cycles
LV-Leiter/innen
ao.Univ.Prof. Dr. Guido Schäfer
Kontakt
  • LV-Typ
    PI
  • Semesterstunden
    4
  • Unterrichtssprache
    Englisch
Anmeldung
12.02.2019 bis 20.02.2019
Anmeldung über LPIS
Hinweise zur LV
Planpunkt(e) Bachelor
Termine
Wochentag Datum Uhrzeit Raum
Montag 04.03.2019 12:00 - 13:30 TC.4.03
Donnerstag 07.03.2019 11:00 - 13:00 TC.4.01
Montag 11.03.2019 12:00 - 13:30 TC.4.03
Donnerstag 14.03.2019 11:00 - 13:00 TC.4.01
Montag 18.03.2019 12:00 - 13:30 TC.4.03
Donnerstag 21.03.2019 11:00 - 13:00 D4.0.022
Montag 25.03.2019 12:00 - 13:30 TC.4.03
Donnerstag 28.03.2019 11:00 - 13:00 TC.4.01
Montag 01.04.2019 12:00 - 13:30 TC.4.03
Mittwoch 03.04.2019 14:00 - 18:00 TC.1.01 OeNB
Donnerstag 04.04.2019 11:00 - 13:00 TC.3.21
Montag 08.04.2019 12:00 - 13:30 TC.3.05
Donnerstag 11.04.2019 11:00 - 13:00 TC.5.27
Montag 29.04.2019 12:00 - 13:30 TC.3.03
Donnerstag 02.05.2019 11:00 - 13:00 TC.5.27
Montag 06.05.2019 12:00 - 13:30 TC.3.05
Donnerstag 09.05.2019 11:00 - 13:00 TC.5.01
Montag 13.05.2019 12:00 - 13:30 TC.5.03
Donnerstag 16.05.2019 11:00 - 13:00 TC.3.01
Montag 20.05.2019 12:00 - 13:30 TC.5.03
Donnerstag 23.05.2019 11:00 - 13:00 TC.3.01
Montag 27.05.2019 12:00 - 13:30 TC.4.01
Montag 03.06.2019 12:00 - 13:30 TC.4.01
Donnerstag 06.06.2019 11:00 - 13:00 TC.5.01
Donnerstag 13.06.2019 11:00 - 13:00 TC.4.01
Montag 17.06.2019 12:00 - 13:30 TC.4.01

Inhalte der LV

The course consists of two major parts. In the first half of the semester the focus is on financial markets and institutions. The second half of the course focuses on money and monetary policy. Throughout the semester current developments in the monetary sector and financial markets are discussed. The recent world financial crisis and the economic crisis in the Eurozone are analyzed in depth.

Part 1: Financial Markets and Institutions

  • Understanding risk and return
  • Stock markets and bond markets
  • Portfolio decisions
  • Asset pricing and financial bubbles
  • Banking theory and regulation
  • Financial crises and financial regulation with special emphasis on the recent World Financial Crisis.

Part 2: Money

  • Why money? Foundations of monetary theory
  • Monetary policy transmission
  • Money and business cycles
  • New frameworks for monetary and financial stability
  • Cryptocurrencies
  • The Economics of European Monetary Union

 

 

Lernergebnisse (Learning Outcomes)

In this course students acquire the skills necessary

  • to understand fundamental concepts about money, the financial sector, and their interaction with the economy,
  • to apply their knowledge to financial investment decisions,
  • to analyze monetary policy and its impact on the economy,
  • to understand key issues regarding financial crises and financial regulation,
  • to assess financial reform after the recent world financial crisis,
  • to read original scientific research papers about money and the financial sector published by internationally renowned top researchers,
  • to access web resources providing key information about money and financial markets,
  • to get adequately prepared for writing a bachelor's thesis about a monetary or financial topic.

The ultimate goal of the course is to strengthen the analytical ability of students to understand complex financial issues both at a conceptual and practical level by using state-of-the-art methods and tools.

Regelung zur Anwesenheit

Pursuant to the general guidelines issued by the Vice-Rector for Academic Programs and Student Affairs, the attendance requirement is met if a student is present at least 80% of the time.

Lehr-/Lerndesign

The course is based upon presentations by the instructor, class discussions, and written exercises. Each section is supported by basic literature, web-based computer exercises, and research on the internet. Early on students are introduced to reading original research papers which opens up a challenging but fascinating intellectual universe for their own independent studies. Smart use of computer and web resources is encouraged.

Leistung(en) für eine Beurteilung

25% of the grade: Class participation (one credit per unit)

75% of the grade: Credits acquired from weekly to bi-weekly written assignments (about eight equally weighted assignments in total)

Literatur

1 Anmerkungen: Links to original research papers from the web are provided in class over the course of the semester.

Teilnahmevoraussetzung(en) und Vergabe von Wartelistenplätzen

The course is self-contained. Key concepts and tools are explained in the course.

Erreichbarkeit des/der Vortragenden

E-Mail: guido.schaefer@wu.ac.at, Office hours: Thursday, 4.00-5.00 p.m., Tel.: + 43 1 31336 4579

Sonstiges

 

Zuletzt bearbeitet: 11.01.2019



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