Teaching

2021 - to present: Macroeconomics 2 (Master in Economics - Sc. Po.)

The objective of the course is to introduce students to business cycle theory, monetary policy, and fiscal policy at the level of the research master. 

2022 overall level of satisfaction: 87% (good & very good)

2014-2016: Macroeconomics for Public Policy - Monetary and Fiscal Policies (Master 2 - Economics and Public Policy -Sc. Po.)

The purpose of this course is to provide analytical as well as conceptual tools to understand public policy from a macroeconomic standpoint. The course begins with theoretical results on fiscal policy and starts with the simple question “ How can a government finance its government spending?” before dealing with consequences of fiscal policies in terms of redistribution, efficiency, time-inconsistency and insurance? We also analyze the role of fiscal policy at the business cycle frequency. We, then, turn to the role of monetary policy. We derive optimal monetary policy in new Keynesian models and discuss multiple related issues like robustness, time-inconsistency and delegation, and feasibility of such optimal policy. We end the course by discussing the interactions between fiscal and monetary policies and the limits of both policies.

2016 overall level of satisfaction:  91% (good & very good)

2014-2016: Monetary Policy (Master 2 - Economics and Business-Sc. Po.)

This course aims at providing main historical backgrounds, facts, figures, and theories to understand modern monetary policy. An expected outcome of this course is that students should be able to discuss current monetary policy issues and decisions. The course begins with stylized facts and key insights from monetary economics in order to understand the role of money and what monetary policy is about. Then, we study main central banks' characteristics and we analyze the different monetary transmission mechanisms. The course ends by exploring and discussing the recent use of unconventional monetary policies like quantitative easing, collateral easing, forward guidance…

2016 overall level of satisfaction:  73% (good & very good)

2015-2017: Central Banking in Theory and Practice (Undergrad. 2nd year - Sc. Po.)

This course is an introduction to monetary policy. It emphasizes very much macroeconomic concepts and introduces modern macroeconomics based on optimal economic agents decisions. This course starts with an introduction to what is money? Why do we accept it and why do we use it? Then, the course will discuss the role of monetary policy in standard monetary models. The course also addresses institutional features of central banks, operational framework and monetary transmission mechanisms. The course ends with a rapid overview of current monetary policy such as quantitative easing, collateral easing, forward guidance, bank runs... An expected outcome of this course is that students should be able to understand trade-offs that central banks face and current policy issues.

2017 overall level of satisfaction:  85% (good & very good)