Economics of Financial Markets - M-F-
Kurs ID
ECON603
Art des Kurses
MSc Kurs
Wochenstunden
2,5
ECTS
5,0
Semester
FS 2022
Vortragssprache
Englisch
Vortragende/r
Niklas Gadatsch, Prof. Dr. Ralf Fendel
Bitte beachten Sie, dass AustauschstudentInnen im BSc-Programm der WHU eine höhere Anzahl an Credits erwerben als hier aufgeführt. Für weitere Informationen wenden Sie sich bitte direkt an das [International Relations Office].
Kursinhalt
1. The Role of Financial Markets Institutions in the Economy
2. Intertemporal Allocation
3. Financial Intermediation
4. Financial Crisis
5. Financial Supervision
Termine
| Date | Time |
|---|---|
| Wednesday, 12.01.2022 | 08:00 - 11:15 |
| Friday, 14.01.2022 | 08:00 - 11:15 |
| Wednesday, 19.01.2022 | 08:00 - 11:15 |
| Thursday, 20.01.2022 | 08:00 - 11:15 |
| Friday, 28.01.2022 | 09:45 - 11:15 |
| Wednesday, 02.02.2022 | 08:00 - 11:15 |
| Monday, 07.02.2022 | 08:00 - 11:15 |
| Wednesday, 09.02.2022 | 08:00 - 11:15 |
Lernerfolge
- Role of financial intermediation
- Functioning of commercial banks (models of delegated monitoring of loans, diversification, maturity transformation)
- Theories of intertemporal allocation of consumption
- Role of risk aversion
- Theories and empirics and banking crisis and sovereign debt crisis
- Theories of exchange rate crisis
- Modelling of empirical early warning systems for financial crisis (STATA excersises)
- Macroprudential policies for financial stability
Literatur
Mishkin, F. S., The Economics of Money, Banking, and Financial Markets, 13th ed., Pearson, Boston, 2021. Allen, F. and Gale, D., Understanding Financial Crisis, Oxford University Press, 2007.De Haan, J., Osterloo, S. and Schoenmaker, D., Financial Markets and Institutions: A European Perspective, 3rd ed., Cambridge University Press, New York, 2015.Additional Papers and Teaching Notes will be distributed during class.
Lernmethoden
Lecture
Class Discussions
Self Study
Art der Prüfung
Exam and Group Assignment
Voraussetzungen
Sound Knowledge in Macroeconomics and Microeconomics
Umfang
150