| Dozent/in |
Dr. Marcel Savioz |
| Veranstaltungsart |
Vorlesung |
| Code |
FS211217 |
| Semester |
Frühjahrssemester 2021 |
| Durchführender Fachbereich |
Wirtschaftswissenschaften |
| Studienstufe |
Bachelor
Master |
| Termin/e |
Mo, 22.02.2021, 14:15 - 16:00 Uhr
Mo, 01.03.2021, 14:15 - 16:00 Uhr
Mo, 08.03.2021, 14:15 - 16:00 Uhr
Mo, 15.03.2021, 14:15 - 16:00 Uhr
Mo, 22.03.2021, 14:15 - 16:00 Uhr
Mo, 29.03.2021, 14:15 - 16:00 Uhr
Mo, 12.04.2021, 14:15 - 16:00 Uhr
Mo, 19.04.2021, 14:15 - 16:00 Uhr
Mo, 26.04.2021, 14:15 - 16:00 Uhr
Mo, 03.05.2021, 14:15 - 16:00 Uhr
Mo, 10.05.2021, 14:15 - 16:00 Uhr
Mo, 17.05.2021, 14:15 - 16:00 Uhr
Mo, 31.05.2021, 14:15 - 16:00 Uhr
Mo, 07.06.2021, 14:15 - 16:45 Uhr (Prüfung) |
| Umfang |
2 Semesterwochenstunden |
| Turnus |
weekly |
| Inhalt |
The lecture deals with business cycle theory and monetary stabilization policy. First, we examine macroeconomic theories that point to real disturbances, such as technology shocks, as the main source of fluctuations in economic activity ("real business cycle models"). Second, we are learning models in which monetary disturbances, such as a change in interest rates, are also a source of economic fluctuations. Nominal rigidities or imperfect-information explain why monetary disturbances can have such real effects. In a third step, we analyze the consequences of real and monetary disturbances in the framework of ´"ynamic stochastic general equilibrium" models (DSGE). We will examine monetary policy in normal times ("optimal monetary policy") and "unconventional monetary policy" (when the short-term interest rate reaches a lower limit). Finally, we study the causes and remedies of financial crises, high inflation and hyperinflation. We will also touch on various current monetary policy issues. |
| Lernziele |
Compare the description of the lecture content to know the learning objectives. |
| Voraussetzungen |
Attending a macroeconomics lecture at the bachelor level is advantageous. |
| Sprache |
Englisch |
| Anmeldung |
To attend the course / exercise, registration via e-learning platform OLAT is required. Registration is possible from 8 February to 5 March 2021. The students themselves are responsible for checking the creditability of the course to their course of study. Direct link to OLAT course:
https://lms.uzh.ch/url/repositoryentry/16940630333 |
| Leistungsnachweis |
***IMPORTANT*** In order to acquire credits, resp. to take the examination, registration via the Uni Portal within the examination registration period is ESSENTIALLY REQUIRED. Further information on registration: www.unilu.ch/wf/pruefungen |
| Abschlussform / Credits |
Written exam / 3 Credits
|
| Hörer-/innen |
Ja |
| Kontakt |
marcel.savioz@bluewin.ch |
| Literatur |
David Romer, Advanced Macroeconomics, Fifth Edition, McGraw-Hill 2019 |