Courses Master Display 2015-2016

Course Description To PDF
Course title ECB and Monetary Policy
Course code EBC4023
ECTS credits 6,5
Assessment Whole/Half Grades
Period Start End Mon Tue Wed Thu Fri
1 31-8-2015 23-10-2015 X X
Level Advanced
Coordinator Olaf Sleijpen
For more information:
Language of instruction English
This course aims at deepening the students knowledge of the relation between monetary and real phenomena in an economy. Both theoretical, institutional and practical issues are addressed. The following topics are analysed in particular: - Money in a general equilibrium framework: why does money exist in an economy and how does it effect the dynamic behaviour of that economy? - Theory of monetary (stabilisation) policy: what are the transmission channels between the monetary and the real sphere of the economy and how effective is monetary policy under various conditions? - Dynamics of monetary policy: what is the optimal form of monetary policy (rules or discretion) and does this depend on rational expectations? - The position and policy implementation of the ECB (also visit the ECB). All topics will consistently be related to European Monetary Policy.
Selected chapters form Carlin and Soskice (2007), Macroeconomics: Imperfections, Institutions and Policies, Oxford University Press. And a number of relevant articles.
Teaching methods (indicative; course manual is definitive) PBL / Presentation / Lecture / Papers / Groupwork
Assessment methods (indicative; course manual is definitive) Final Paper / Participation / Written Exam
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Master Econometrics and OR Other Electives
Master Financial Economics Asset Pricing
Master Financial Economics Banking
Master Financial Economics Financial Analysis
Master Fiscale Economie Economics Electives
SBE Exchange Master Master Exchange Courses
SBE Non Degree Courses Master Courses