Please note the following credit values:
BSc Course: 4.5 ECTS*
BSc Seminar Course: 9 ECTS
MSc Course: 5 ECTS
MBA Course: 3 ECTS
MBA Workshop: 1 ECTS
Language course: 5 ECTS
*The following BSc courses have a different credit value:
Business Communication: Theory & Practice: 3 ECTS
Managing your personal performance holistically: 3 ECTS
Harmonizing Leadership with Personal Development: 3 ECTS
Mental Health First Aid: 1,5 ECTS
Understanding your personal performance base: 1,5 ECTS
Workshop Body Language for Women: 1,5 ECTS
Intercultural Competence - Fit for International Collaboration: 1,5 ECTS
Perform Yourself! Media and Presentation Coaching: Personal Presence!: 1,5 ECTS
Economics of Financial Markets and its Institutions - F - Q3
Participation Prerequisites
Sound Knowledge in Macroeconomics and Microeconomics
Course Content
- Financial Markets
- Financial Intermediation
- Financial Crises
- Central Banking and Monetary Policy
Intended Learning Outcomes and Competencies
Understanding of:
- Interest rate determination on the bond market
- Term structure of interest rates
- Exchange rate determination and exchange rates regimes
- Role and business of financial intermediation
- Financial crises and financial regulation
- Monetary policy strategies and their implementation
- Functioning of the European Central Bank (ECB) and the Fed
Instruction Type
Presence
Form of Examination
| Form of Assessment | Weighting (in %) |
Duration of written exam in minutes |
| Written Exam | ||
| Oral Examination | - | |
| Written Work (Individual) | - | |
| Written Work (Group) | - | |
| Presentation (Individual) | - | |
| Presentation (Group) | - | |
| Business Simulation | - | |
| Class Participation | - | |
| Answer-Choice-Exam | - | |
| Other assessment format (please specify): | - |
Literature
Mishkin, F. S., The Economics of Money, Banking, and Financial Markets, 13th ed., Pearson, Boston, 2021.
Baglioni, A., Monetary Policy Implementation, Springer Nature, 2024.
Additional Papers and Teaching Notes will be distributed during class.
Next events
No current events available!
| 1/8 | Core course | Mo, 12.01.2026 | 10:45 Uhr | 12:15 Uhr | 4.2.05 Kühne Auditorium |
| 2/8 | Core course | Mo, 26.01.2026 | 09:00 Uhr | 12:15 Uhr | 4.2.05 Kühne Auditorium |
| 3/8 | Core course | Fr, 30.01.2026 | 10:45 Uhr | 14:45 Uhr | 4.2.05 Kühne Auditorium |
| 4/8 | Core course | Th, 05.02.2026 | 13:15 Uhr | 18:15 Uhr | 4.2.05 Kühne Auditorium |
| 5/8 | Core course | Tu, 10.02.2026 | 15:00 Uhr | 18:15 Uhr | 4.2.05 Kühne Auditorium |
| 6/8 | Core course | We, 11.02.2026 | 09:00 Uhr | 12:15 Uhr | 4.2.05 Kühne Auditorium |
| 7/8 | Core course | Tu, 17.02.2026 | 10:45 Uhr | 14:45 Uhr | 4.2.05 Kühne Auditorium |
| 8/8 | Core course | Tu, 24.02.2026 | 10:45 Uhr | 14:45 Uhr | 4.2.05 Kühne Auditorium |
Lecturers
Fendel, Ralf
Lecturer
Indicative Student Workload
| Self-Study | 118 h |
| Contact Time | 30 h |
| Examination | 2 h |
Esc