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

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

First lecture: Monday, December 13, 2021
Last lecture: Monday, February 14, 2022
Exam date: tbd
Venue: tbd

The lectures are scheduled to take place on Mondays and Wednesdays from 10:00-12:00.

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.

Teaching Assistant: KaiLong Liu (HoF 4.57)

Registration: Please send an e-mail to KaiLong Liu (liu[at]imfs-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.