This course is a solution-oriented introduction to monetary and fiscal policy with reference to the EU and the ECB.

1st part: Philosophy of money, hierarchy of money.

2nd part: liquidity, fiscal policy, financial crises

3rd part: Presentations & examination

- Basic understanding of fiscal and monetary policy.

- Contextualization of current debates in economic theory and monetary policy

- reading and understanding of various articels with focus on political economy, monetary theory & macro-finance

- critical discussion of economic and monetary policy proposals and measures

This is a course with immanent examination character (PI), attendance is mandatory. Students may have a maximum of 2 absences.

In the first part of the course, the instructor provides an overview of actors, goals and concepts of fiscal and monetary policy and also lays a basic understanding of economic challenges in the 21st century. In the second part, current economic policy issues are discussed interactively. The learning design is intended to encourage students to actively engage in economic and monetary policy debate and to sharpen their own argumentation. This will be achieved through a variety of teaching methods (input by course instructor, reflection papers, oral participation, group work and discussion).

A total of four sub-performances are assessed, all of which must be completed positively for an overall grade:

1. active participation (10%)

2. presentation (40%)

3. Tiktok video (10%)

4. final exam (40%).

Grading scale:
100%- 90% = Excellent
 89% - 80% = Good
 79% - 70% = Satisfactory
 69% - 60% = Sufficient
         <59% = Inadequate

If you have a valid course registration but cannot attend this course, please deregister via LPIS during the registration period so that your course place will be available to other students. Places are allocated during the registration period on a first-come, first-served basis. After the end of the registration period, available course places are allocated to students on the waiting list who do not yet have a valid registration for the scheduled point, ranked according to the progress of their studies. This procedure is not to be understood as a guarantee of a place in the course.

Please log in with your WU account to use all functionalities of read!t. For off-campus access to our licensed electronic resources, remember to activate your VPN connection connection. In case you encounter any technical problems or have questions regarding read!t, please feel free to contact the library at readinglists@wu.ac.at.

STEOP

Grundkenntnisse in Mikro- und Makroökonomie

Wir möchten darauf hinweisen, dass die Teilnahme an der 1. Einheit der Lehrveranstaltung (Vorbesprechung) erforderlich ist. Die Nichtteilnahme führt zum Verlust der Teilnahmeberechtigung an der Lehrveranstaltung. Wenn Sie verhindert sind und den 1. Termin nicht wahrnehmen können, setzen Sie sich bitte im Vorhinein mit dem LehrveranstaltungsleiterIn in Verbindung.