363-1021-00L Monetary Policy

Semester	Autumn Semester 2017
Lecturers	J.‑E. Sturm, A. Rathke
Periodicity	yearly recurring course
Language of instruction	English

Courses

Number

Title

Hours

Lecturers

363-1021-00 V

Monetary Policy

2 hrs

J.‑E. Sturm, A. Rathke

Catalogue data

Abstract	The main aim of this course is to analyse the goals of monetary policy and to review the instruments available to central banks in order to pursue these goals. It will focus on the transmission mechanisms of monetary policy and the differences between monetary policy rules and discretionary policy. It will also make connections between theoretical economic concepts and current real world issues.
Learning objective	This lecture will introduce the fundamentals of monetary economics and explain the working and impact of monetary policy.
Literature	The course will be based on chapters of: Mishkin, Frederic S. (2015), The Economics of Money, Banking and Financial Markets 11th edition, Pearson. ISBN 10: 1-29-209418-4 ISBN 13: 978-1-292-09418-2
Prerequisites / Notice	Basic knowledge in international economics and a good background in macroeconomics. The course website can be found at: https://moodle-app2.let.ethz.ch/course/view.php?id=2457

Performance assessment

Performance assessment information (valid until the course unit is held again)
Performance assessment as a semester course
ECTS credits	3 credits
Examiners	J.-E. Sturm, A. Rathke
Type	session examination
Language of examination	English
Repetition	The performance assessment is offered every session. Repetition possible without re-enrolling for the course unit.
Mode of examination	written 90 minutes
Written aids	nur ein nicht-programmierbarer Taschenrechner ist erlaubt only a non-programmable calculator is allowed
This information can be updated until the beginning of the semester; information on the examination timetable is binding.

Learning materials

No public learning materials available.
Only public learning materials are listed.

Groups

No information on groups available.

Restrictions

There are no additional restrictions for the registration.

Offered in

Programme	Section	Type
Doctoral Department of Mechanical and Process Engineering	Doctoral and Post-Doctoral Courses	W
MAS in Management, Technology, and Economics	Electives, 1. and 3. Semester	W
Management, Technology and Economics Master	Additional Electives Courses	W
Mathematics Master	Economics	W