Hans Gersbach: Katalogdaten im Frühjahrssemester 2023

NameHerr Prof. Dr. Hans Gersbach
LehrgebietMakroökonomie: Innovation und Politik
Adresse
Makroökonomie, Gersbach
ETH Zürich, LEE F 101
Leonhardstrasse 21
8092 Zürich
SWITZERLAND
Telefon+41 44 632 82 80
E-Mailgersbach@kof.ethz.ch
DepartementManagement, Technologie und Ökonomie
BeziehungOrdentlicher Professor

NummerTitelECTSUmfangDozierende
363-0575-00LEconomic Growth, Cycles and Policy3 KP2GH. Gersbach
KurzbeschreibungThis intermediate course focuses on the core thinking devices and foundations in macroeconomics and monetary economics, and uses these devices to understand economic growth, business cycles, crises as well as how to conduct monetary and fiscal policies and policies to foster the stability of financial and economic systems.
Lernziel- Fundamental knowledge about the drivers of economic growth in the short and long run, key macroeconomic variables and observed patterns in developed countries

- Comprehensive understanding of core macroeconomic frameworks and thinking devices
InhaltThis intermediate course focuses on the core thinking devices and foundations in macroeconomics and monetary economics, and uses these devices to understand economic growth, business cycles, crises as well as how to conduct monetary and fiscal policies and policies to foster the stability of financial and economic systems. The course is structured in the following way:

Part I: Basics
- Introduction
- IS-LM Model in Closed Economy (Repetition)
- Schools of Thought
- Consumption and Investment
- The Solow Growth Model

Part II: Special Themes
- Money Holding, Inflation, and Monetary Policy
- Crises in Market Economies
- IS-LM Model and Open Economy
- Theories of exchange rate determination
- Technical Appendix
SkriptCopies of the slides will be made available.
LiteraturChapters in
Manfred Gärtner (2009), Macroeconomics, Third Edition, Prentice Hall.
and selected chapters in other books and/or papers
Voraussetzungen / BesonderesIt is required that participants have attended the lecture "Principles of Macroeconomics" (363-0565-00L).
363-1153-00LDecentralized Finance and the Future of Money3 KP2VB. J. Bergmann, H. Gersbach, R. Wattenhofer
KurzbeschreibungDLT is emerging for a disruption of our current financial infrastructure. As such, Decentralized Finance (DeFi) seeks to combine open-source, peer to peer building blocks into sophisticated products using blockchain technology, seeking to disintermediate and decentralize the traditional financial service industry. This lecture will combine insights on DLT with recent applications from finance.
LernzielAt it’s core, DeFi aims to provide financial products and services on blockchain technologies. The combination of decentralized, smart-contract-based business logic solutions with a blockchain-based settlement layer facilitates the creation of financial services in a decentralized way. Traditional, functional roles of trusted third-party such as brokerage firms, banks, are replaced by smart contracts which fulfill the functions automatically.

The goal if this lecture is to let you understand,
- The building blocks of Distributed Ledger Technology (DLT)
- Some basic applications like smart contracts, tokens, decentralized autonomous organisations (DAOs)
- Limitations and concepts for overcoming centralized financial systems
- Recent advances on Central Bank Digital Currencies and other applications in DeFi
- The business logic behind a decentralized applications (DApps)
- How a DLT project is run within a larger organization and in the start-up context

The lecture will cover also guest speakers from companies, start-ups, and agencies.
InhaltAfter a one-hour introduction session on the first day, the lecture will be split into six 4h sessions. Each 4h Session will be held as a workshop session, covering some theoretical and technological insights as well as insights on recent applications. Each session will involve guest speakers from industry, start-ups, agencies. The focus of each session will be on the discussion part. You will be asked to prepare yourself (watch a video, read a paper, etc) for each session.

Session 1: Intro to Blockchain, Focus on Exchanges, Transaction Ordering
Session 2: Smart Contracts; Focus on Programming, Attacks
Session 3: Decentralized Governance, DAOs and Applications
Session 4: Central Bank Digital Currencies, recent advances, and approaches
Session 5 & 6: DeFi applications, legal aspects, challenges, opportunities & risk in the corporate context

The lecture is targeted to students across ETH with an interest in DLT. No specific coding experience is required. During the course you will follow step by step examples. For passing the course you will take online quizzes, selected exercises, and a short exam during the class.
SkriptThere will lecture slides to each section shared in advanced to each session.
LiteraturSelected readings and books are presented in each session.
Voraussetzungen / BesonderesThe course is opened to students from all backgrounds. Some experience with quantitative disciplines such as probability and statistics, however, is useful but not mandatory.
364-0531-00LCER-ETH Research Seminar Belegung eingeschränkt - Details anzeigen 0 KP2SH. Gersbach, A. Bommier, L. Bretschger
KurzbeschreibungForschungsseminar des Center of Economic Research CER-ETH
LernzielVerständnis der aktuell führenden Forschung in der ökonomischen Theorie, insbesondere aus dem Bereich der CER-ETH Forschung.
InhaltReferate zu aktuellen Forschungsergebnissen aus den Bereichen der CER-ETH Forschung von in- und ausländischen Gastreferierenden.
Voraussetzungen / BesonderesBitte spezielle Ankündigungen beachten.
364-0556-00LDoctoral Workshop: Astute Modelling Belegung eingeschränkt - Details anzeigen
Prerequisite: Students are expected to attend the course 364-0559-02L "Design of Institutions and Political Economy", before registering for this workshop.
3 KP1GH. Gersbach
KurzbeschreibungIn this workshop, we present ongoing research at MIP and discuss the criteria and guidelines for smart modelling of social and economic situations.
LernzielWe will learn how to present our own research and improve our modelling skills.
364-0581-00LMicroeconomics Seminar (ETH/UZH)
No enrolment to this course at ETH Zurich. Book the corresponding module directly at UZH as an incoming student.
UZH Module Code: 03SMDOEC6089

Mind the enrolment deadlines at UZH:
https://www.uzh.ch/cmsssl/en/studies/application/deadlines.html
0 KP2SH. Gersbach
KurzbeschreibungResearch Seminar
research papers of leading researchers in Microeconomics are presented and discussed
LernzielResearch Seminar
research papers of leading researchers in Microeconomics are presented and discussed
InhaltInvited Speakers present current research in Microeconomics
364-1058-00LRisk Center Seminar Series0 KP2SH. Schernberg, D. Basin, A. Bommier, D. N. Bresch, S. Brusoni, L.‑E. Cederman, P. Cheridito, F. Corman, H. Gersbach, C. Hölscher, K. Paterson, G. Sansavini, B. Stojadinovic, B. Sudret, J. Teichmann, R. Wattenhofer, U. A. Weidmann, S. Wiemer, R. Zenklusen
KurzbeschreibungIn this series of seminars, invited speakers discuss various topics in the area of risk modelling, governance of complex socio-economic systems, managing risks and crises, and building resilience. Students, PhD students, post-docs, faculty and individuals outside ETH are welcome.
LernzielParticipants gain insights in a broad range of risk- and resilience-related topics. They expand their knowledge of the field and deepen their understanding of the complexity of our social, economic and engineered systems. For young researchers in particular, the seminars offer an opportunity to learn academic presentation skills and to network with an interdisciplinary scientific audience.
InhaltAcademic presentations from ETH faculty as well as external researchers.
Each seminar is followed by a Q&A session and (when permitted) a networking Apéro.
SkriptThe sessions are recorded whenever possible and posted on the ETH Risk Center webpage. If available, presentation slides are shared as well.
LiteraturEach speaker will provide a literature review.
Voraussetzungen / BesonderesIn most cases, a quantitative background is required. Depending on the topic, field-specific knowledge may be required.
KompetenzenKompetenzen
Fachspezifische KompetenzenKonzepte und Theoriengefördert
Verfahren und Technologiengefördert
Methodenspezifische KompetenzenAnalytische Kompetenzengefördert
Entscheidungsfindunggefördert
Medien und digitale Technologiengefördert
Problemlösunggefördert
Projektmanagementgefördert
Soziale KompetenzenKommunikationgefördert
Kooperation und Teamarbeitgefördert
Kundenorientierunggefördert
Menschenführung und Verantwortunggefördert
Selbstdarstellung und soziale Einflussnahmegefördert
Sensibilität für Vielfalt gefördert
Verhandlunggefördert
Persönliche KompetenzenAnpassung und Flexibilitätgefördert
Kreatives Denkengefördert
Kritisches Denkengefördert
Integrität und Arbeitsethikgefördert
Selbstbewusstsein und Selbstreflexion gefördert
Selbststeuerung und Selbstmanagement gefördert
364-1090-00LResearch Seminar in Contract Theory, Banking and Money (University of Zurich)
No enrolment to this course at ETH Zurich. Book the corresponding module directly at UZH as an incoming student.
UZH Module Code: 03SMDOEC0786

Mind the enrolment deadlines at UZH:
https://www.uzh.ch/cmsssl/en/studies/application/deadlines.html
3 KP2SH. Gersbach, Uni-Dozierende
KurzbeschreibungRecent developments in the fields of contract theory, finance, banking, money and macroeconomics.
LernzielUnderstanding recent developments in the fields of contract theory, finance, banking and macroeconomics.