Topics: In this class, we will look at financial economics from a microeconomic as well as a macroeconomic perspective. Furthermore, we will discuss policies related to financial economics issues. Regarding the microeconomic aspects of financial economics, we will address questions such as: What are the functions of financial systems? Which problems could arise and how can those be addressed? How do firms, institutions and regulatory agencies try to ensure that the financial system works? Why is the regulation of financial systems important? With respect to the macroeconomic aspects of financial economics, we will address questions such as: How does monetary policy work and how does monetary policy impact financial markets and the economy? What can be the causes of inflation and how can central banks address inflation? What types of exchange rate systems can a country choose and what are the consequences for monetary policy? In terms of policies related to financial markets, we will address questions such as: What are important institutions in the international financial system? Why can a financial crisis occur and what could be measures to deal with a financial crisis? Should central banks pursue green monetary policy? What are current pressing issues regarding global financial stability and by which policies can such problems be addressed?
Date: Wednesdays, 09:30 - 12:30 (room: tbd)
Assessment and contribution to module mark: written exam
Credits: 4 SWS / 6 CPs
Lecturer: Prof. Dr. Maria Lehner
- Dozent/in: Maria Lehner