Daniel Kaufmann: Catalogue data in Autumn Semester 2016

Name Dr. Daniel Kaufmann
URLhttp://www.dankaufmann.com
DepartmentManagement, Technology, and Economics
RelationshipLecturer

NumberTitleECTSHoursLecturers
363-1021-00LMonetary Policy3 credits2VJ.‑E. Sturm, D. Kaufmann
AbstractThe main aim of this course is to analyse the goals of monetary policy and to review the instruments available to central banks in order to pursue these goals. It will focus on the transmission mechanisms of monetary policy and the differences between monetary policy rules and discretionary policy. It will also make connections between theoretical economic concepts and current real world issues.
ObjectiveThis lecture will introduce the fundamentals of monetary economics and explain the working and impact of monetary policy.
LiteratureThe course will be based on chapters of:
Mishkin, Frederic S. (2015), The Economics of Money, Banking and Financial Markets 11th edition, Pearson. ISBN 10: 1-29-209418-4 ISBN 13: 978-1-292-09418-2
Prerequisites / NoticeBasic knowledge in international economics and a good background in macroeconomics. The course website can be found at: https://moodle-app2.let.ethz.ch/course/view.php?id=2457