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
Advanced Topics in Monetary and Financial Economics
Course Content
Section I: Financial Markets and Intertemporal Consumption Allocation
Section II: The Diamond Dybvig Model
Section III: New Keynesian Macroeconomics
Intended Learning Outcomes and Competencies
Being able to understand the contemporary theoretical academic literature in monetary and financial economics.
Instruction Type
Presence
Form of Examination
Home Assignments
Literature
The course draws on selected chapters from the following textbooks:
- Allen, F. and Gale, D.: Understanding Financial Crises, Oxford University Press, 2007.
- Galí, J.: Monetary Policy, Inflation, and the Business Cycle, Princeton University Press, 2008.
- Walsh, C. E.: Monetary Theory and Policy, 4th edition, MIT Press, 2017.
Selected research papers and technical teaching notes supplement the textbooks.
Next events
| 1/5 | Lecture | We, 27.05.2026 | 09:00 Uhr | 13:00 Uhr | D-001 Hörsaal / Lecture Hall |
| 2/5 | Lecture | We, 03.06.2026 | 09:00 Uhr | 13:00 Uhr | D-001 Hörsaal / Lecture Hall |
| 3/5 | Lecture | We, 10.06.2026 | 09:00 Uhr | 13:00 Uhr | D-001 Hörsaal / Lecture Hall |
| 4/5 | Lecture | Mo, 15.06.2026 | 11:00 Uhr | 15:00 Uhr | D-001 Hörsaal / Lecture Hall |
| 5/5 | Lecture | We, 24.06.2026 | 09:00 Uhr | 13:00 Uhr | D-001 Hörsaal / Lecture Hall |
Lecturers
Fendel, Ralf
Lecturer
Indicative Student Workload
| Self-Study | 60 h |
| Contact Time | 24 h |
| Examination | 6 h |
Esc