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This course provides a comprehensive introduction to monetary economics and policy, focusing on the role of money, the functioning of monetary policy, and the institutional framework of the Eurosystem. Students gain the tools to critically analyze monetary policy decisions and understand the implications of monetary integration.

Topics:

  • Functions and Definitions of Money
  • Money Demand and Money Supply
  • Discretionary vs. Rule-Based Monetary Policy
  • The Eurosystem: History, Objectives, and Organization
  • Monetary Policy Strategies and Instruments
  • Theory of Optimum Currency Areas
  • Monetary Policy Transmission Channels
KursspracheTurnusWochenstundenECTSPrüfung
GermanWiSe2V+2?690-minütige Klausur
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