Hans Gersbach: Catalogue data in Spring Semester 2021 |
Name | Prof. Dr. Hans Gersbach |
Field | Macroeconomics: Innovation and Policy |
Address | Makroökonomie, Gersbach ETH Zürich, LEE F 101 Leonhardstrasse 21 8092 Zürich SWITZERLAND |
Telephone | +41 44 632 82 80 |
hgersbach@ethz.ch | |
Department | Management, Technology, and Economics |
Relationship | Full Professor |
Number | Title | ECTS | Hours | Lecturers | |
---|---|---|---|---|---|
363-0575-00L | Economic Growth, Cycles and Policy | 3 credits | 2G | H. Gersbach | |
Abstract | This intermediate course focuses on the core thinking devices and foundations in macroeconomics and monetary economics, and uses these devices to understand economic growth, business cycles, crises as well as how to conduct monetary and fiscal policies and policies to foster the stability of financial and economic systems. | ||||
Objective | - Fundamental knowledge about the drivers of economic growth in the short and long run, key macroeconomic variables and observed patterns in developed countries - Comprehensive understanding of core macroeconomic frameworks and thinking devices | ||||
Content | This intermediate course focuses on the core thinking devices and foundations in macroeconomics and monetary economics, and uses these devices to understand economic growth, business cycles, crises as well as how to conduct monetary and fiscal policies and policies to foster the stability of financial and economic systems. The course is structured in the following way: Part I: Basics - Introduction - IS-LM Model in Closed Economy (Repetition) - Schools of Thought - Consumption and Investment - The Solow Growth Model Part II: Special Themes - Money Holding, Inflation, and Monetary Policy - Crises in Market Economies - IS-LM Model and Open Economy - Theories of exchange rate determination - Technical Appendix | ||||
Lecture notes | Copies of the slides will be made available. | ||||
Literature | Chapters in Manfred Gärtner (2009), Macroeconomics, Third Edition, Prentice Hall. and selected chapters in other books and/or papers | ||||
Prerequisites / Notice | It is required that participants have attended the lecture "Principles of Macroeconomics" (363-0565-00L). | ||||
363-1153-00L | New Technologies in Banking and Finance | 3 credits | 2V | B. J. Bergmann, P. Cheridito, H. Gersbach, P. Mangold, J. Teichmann, R. Wattenhofer | |
Abstract | Technological advances, digitization and the ability to store and process vast amounts of data has changed the landscape of banking and finance in recent years. This course will unpack the technologies underlying these transformations and reflect on the impacts on the financial world, covering also change management perspectives. | ||||
Objective | After taking this course, students will be able to - Understand recent technological developments and how they drive transformation in banking and finance - Understand the challenges of this digital transformation when managing financial and non-financial risks - Reflect on the impacts this transformation has on workflows, agile working, project and change management | ||||
Content | The financial manager of the future is commanding a wide set of skills ranging from a profound understanding of technological advances and a sensible understanding of the impact on workflows and business models. Students with an interest in finance and banking are invited to take the course without explicit theoretical knowledge in financial economics. As the course will cover topics like machine learning, cyber security, distributed computing, and more, an understanding of these technologies is welcomed, however not mandatory. The course will also go beyond technological advances and will also cover management-related contents. The course is divided in sections, each covering different areas and technologies. Students are asked to solve small cases in groups for each section. Invited guest speakers will contribute to the sessions. In addition, separate networking sessions will provide entry opportunities into finance and banking. More information on the speakers and specific session can be found here: https://riskcenter.ethz.ch/education/lectures.html and on the moodle page. | ||||
Prerequisites / Notice | The course is opened to students from all backgrounds. Some experience with quantitative disciplines such as probability and statistics, however, is useful. | ||||
364-0531-00L | CER-ETH Research Seminar ![]() | 0 credits | 2S | H. Gersbach, A. Bommier, L. Bretschger | |
Abstract | Research Seminar of Center of Economic Research CER-ETH | ||||
Objective | Survey of the currently leading research in economics, especially in the CER-ETH research fields. | ||||
Content | Presentations of current and recent research results in the CER-ETH research fields, usually by international guest speakers. | ||||
Prerequisites / Notice | Please note the special announcements. | ||||
364-0556-00L | Doctoral Workshop: Astute Modelling ![]() Prerequisite: Students are expected to attend the course 364-0559-02L "Design of Institutions and Political Economy", before registering for this workshop. | 3 credits | 1G | H. Gersbach | |
Abstract | In this workshop, we present ongoing research at MIP and discuss the criteria and guidelines for smart modelling of social and economic situations. | ||||
Objective | We will learn how to present our own research and improve our modelling skills. | ||||
364-0581-00L | Microeconomics Seminar (ETH/UZH) No enrolment to this course at ETH Zurich. Book the corresponding module directly at UZH. UZH Module Code: DOEC6089 Mind the enrolment deadlines at UZH: https://www.uzh.ch/cmsssl/en/studies/application/deadlines.html | 0 credits | 2S | H. Gersbach | |
Abstract | Research Seminar research papers of leading researchers in Microeconomics are presented and discussed | ||||
Objective | Research Seminar research papers of leading researchers in Microeconomics are presented and discussed | ||||
Content | Invited Speakers present current research in Microeconomics | ||||
364-1058-00L | Risk Center Seminar Series | 0 credits | 2S | G. Sansavini, D. Basin, A. Bommier, D. N. Bresch, L.‑E. Cederman, P. Cheridito, H. Gersbach, F. Schweitzer, D. Sornette, B. Stojadinovic, B. Sudret, U. A. Weidmann, S. Wiemer, M. Zeilinger, R. Zenklusen | |
Abstract | This course is a mixture between a seminar primarily for PhD and postdoc students and a colloquium involving invited speakers. It consists of presentations and subsequent discussions in the area of modeling and governing complex socio-economic systems, and managing risks and crises. Students and other guests are welcome. | ||||
Objective | Participants should learn to get an overview of the state of the art in the field, to present it in a well understandable way to an interdisciplinary scientific audience, to develop novel mathematical models and approaches for open problems, to analyze them with computers or other means, and to defend their results in response to critical questions. In essence, participants should improve their scientific skills and learn to work scientifically on an internationally competitive level. | ||||
Content | This course is a mixture between a seminar primarily for PhD and postdoc students and a colloquium involving invited speakers. It consists of presentations and subsequent discussions in the area of modeling complex socio-economic systems and crises. For details of the program see the webpage of the seminar. Students and other guests are welcome. | ||||
Lecture notes | There is no script, but the sessions will be recorded and be made available. Transparencies of the presentations may be put on the course webpage. | ||||
Literature | Literature will be provided by the speakers in their respective presentations. | ||||
Prerequisites / Notice | Participants should have relatively good scientific, in particular mathematical skills and some experience of how scientific work is performed. | ||||
364-1090-00L | Research Seminar in Contract Theory, Banking and Money (University of Zurich) No enrolment to this course at ETH Zurich. Book the corresponding module directly at UZH. UZH Module Code: DOEC0933 Mind the enrolment deadlines at UZH: https://www.uzh.ch/cmsssl/en/studies/application/deadlines.html | 3 credits | 2S | H. Gersbach, University lecturers | |
Abstract | Recent developments in the fields of contract theory, finance, banking, money and macroeconomics. | ||||
Objective | Understanding recent developments in the fields of contract theory, finance, banking and macroeconomics. |