The lecture ‚Applied Monetary Policy‘ gives students an insight into the theoretical and practical world of monetary policy. The lecture is split into three modules: The first module provides an overview and a definition of the fundamentals of monetary policy. The second module highlights the goals and concepts of a central bank and what tools it has at its disposal to achieve these goals. The modules are complemented by practical examples/case studies. In the second module the students will also participate in simulations, where they slip into the role of a central bank and of commercial banks respectively. The simulations provide the students with a more profound insight into the world of interest rate steering and into banks’ liquidity management. The third module of the lecture will focus on the measures that the various central banks have undertaken during the financial market turmoil which started in August 2007.
Die Vorlesung vom 7. November fällt aus. Die ausgefallene Vorlesung wird am Freitag den 14. November von 08:30 bis 10:00 im WWZ-Auditorium nachgeholt. Im Anschluss findet wie geplant von 10:15 bis 11:45 die Simulation im PC Labor statt.
Lecture dates and topics (HS 2014)