Monetary and Fiscal Policy: Theory and Practice (Prof. Wieland)

2nd year Ph.D./MSQE field course (4 CP, Macroeconomics)

First lecture: Wednesday, December 16, 2020
Last lecture: Wednesday, February 17, 2021
Exam date: tbd

The lectures are scheduled to take place on Mondays from 10:00-12:00 in room "Deutsche Bank" (E.01, House of Finance) and on Wednesdays from 10:00-12:00 in room "Dubai" (1.27, House of Finance). The detailed schedule and non-regular classes are available in the university course overview or can be downloaded here.

The objective of this course is to provide an introduction to the analysis of monetary and fiscal policy making with practical applications to current policy challenges. Examples from the European Union, the United States and Japan will be discussed. We will develop models of monetary and fiscal policy and learn how different policy recommendations can be evaluated using these models. Students will conduct practical simulation exercises and make use of MATLAB-based software tools for model analysis. Furthermore, modelling approaches of Covid19 as well as fiscal policy during pandemics are studied.

For further details please have a look into the (preliminary) syllabus.  

Teaching Assistant: Alexander Dück (HoF 4.50)

Registration: Please send an e-mail to Alexander Dück (alexander.dueck(at)hof.uni-frankfurt(dot)de) to confirm that you wish to obtain course information and whether you will take this course for credit. Please include your matriculation number, student status (Ph.D. or MSQE), year of study and full name. Please note that in order to obtain credit points for the course it is also required to register for the course at the Office of Academic Records at GSEFM.